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Egypt Private Credit (% GDP)

Egypt's private credit (% GDP) fell to 27.57% in 2024, down from 29.26% in 2023, according to World Bank. This represents a decrease of 1.69% from the previous year. Egypt has private credit (% GDP) lower than the global median (27.57% vs median 39.47%). Compared with the median in Africa, Egypt is higher (27.57% vs regional median 16.64%) and ranks 11th out of 51 countries in Africa.

Yearly Historical Data (1960-2024)

(in %)
Year Private Credit (% GDP)
2024 27.57%
2023 29.26%
2022 30.85%
2021 28.23%
2020 25.79%
2019 22.85%
2018 24.3%
2017 27.07%
2016 34.13%
2015 26.32%
2014 25.61%
2013 26.22%
2012 27.39%
2011 31.15%
2010 33.07%
2009 36.09%
2008 42.8%
2007 45.52%
2006 49.29%
2005 51.17%
2004 54.04%
2003 53.9%
2002 54.66%
2001 54.93%
2000 51.95%
1999 52%
1998 46.56%
1997 39.69%
1996 36.53%
1995 32.73%
1994 27.9%
1993 23.77%
1992 22.27%
1991 22.06%
1990 25.53%
1989 26.53%
1988 28.13%
1987 28.9%
1986 29.22%
1985 27.2%
1984 26.22%
1983 25.85%
1982 24.71%
1981 25.9%
1980 13.94%
1979 19%
1978 18.32%
1977 18.72%
1976 17.1%
1975 16.6%
1974 13.22%
1973 10.28%
1972 11.83%
1971 12.37%
1970 12.29%
1969 14.75%
1968 14.17%
1967 12.77%
1966 13.6%
1965 14.9%
1964 16.07%
1963 17.42%
1962 17.83%
1961 16.76%
1960 17.46%
Egypt Private Credit (% GDP) : Definition
Private Credit (% GDP) measures credit extended to the private sector by financial institutions during the period, expressed as a percentage of nominal GDP for Egypt.
Indicator Last Value Prior Value Period
Current Account to GDP Ratio -5.3% -1.2% Dec'24
Debt to GDP Ratio 82.9% 95.8% Dec'24
Interest Rate 21% 22% Oct'25