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Egypt GDP

Egypt's GDP fell to $389.06 billion in 2024, down from $395.93 billion in 2023, according to World Bank. This represents a decrease of 1.7% ($6.87 billion) from the previous year and accounts for 0.35% of the world's total GDP. Egypt has GDP higher than the global median ($389.06 billion vs median $35.85 billion). Compared with the median in Africa, Egypt is higher ($389.06 billion vs regional median $20.75 billion) and ranks 2nd out of 52 countries in Africa.

Egypt's GDP per capita rose to $4,137.61 in 2024, up from $4,111.31 in 2023.

Yearly Historical Data (1960-2024)

(in Billion USD)
Year GDP (Billion USD)
2024 389.06
2023 395.93
2022 476.75
2021 424.67
2020 383.82
2019 318.68
2018 262.59
2017 248.36
2016 332.44
2015 329.37
2014 305.6
2013 288.43
2012 279.12
2011 235.99
2010 218.98
2009 189.15
2008 162.82
2007 130.44
2006 107.43
2005 89.66
2004 78.78
2003 80.29
2002 85.15
2001 96.68
2000 99.84
1999 90.71
1998 84.83
1997 78.44
1996 67.63
1995 60.16
1994 51.9
1993 46.58
1992 41.86
1991 37.39
1990 42.98
1989 39.76
1988 34.98
1987 40.46
1986 41.25
1985 39.05
1984 33.97
1983 30.97
1982 27.66
1981 22.14
1980 21.67
1979 18.02
1978 14.81
1977 14.4
1976 13.32
1975 11.63
1974 9.23
1973 10.1
1972 9.3
1971 8.61
1970 8.04
1969 6.52
1968 5.93
1967 5.61
1966 5.28
1965 4.95
1964 4.71
1963 4.19
1962 4.04
1961 4.49
1960 4.21
Egypt GDP : Definition
GDP measures the total value of all goods and services produced in Egypt, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate 2.4% 3.76% 2024
GDP Growth Rate (YoY) 5% 4.8% Jun'25
GDP per Capita $4,137.61 $4,111.31 2024
GDP per Capita PPP $16,798.15 $16,691.39 2024
R&D Expenditure (% GDP) 1.03% 1.02% 2023
Real GDP $482.19B $470.89B 2024