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Egypt Real GDP

Egypt's real GDP rose to $482.19 billion in 2024, up from $470.89 billion in 2023, according to World Bank. This represents an increase of 2.4% ($11.3 billion) from the previous year and accounts for 0.5% of the world's total real GDP. Egypt has real GDP higher than the global median ($482.19 billion vs median $29.34 billion). Compared with the median in Africa, Egypt is higher ($482.19 billion vs regional median $17.15 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 Real GDP (Billion USD)
2024 482.19
2023 470.89
2022 453.83
2021 425.78
2020 412.21
2019 398.08
2018 377.14
2017 358.05
2016 343.68
2015 329.37
2014 315.57
2013 306.63
2012 300.07
2011 293.54
2010 288.45
2009 274.33
2008 262.08
2007 244.58
2006 228.39
2005 213.76
2004 204.61
2003 196.57
2002 190.48
2001 186.04
2000 179.68
1999 168.92
1998 159.28
1997 150.87
1996 143.01
1995 136.22
1994 130.18
1993 125.2
1992 121.67
1991 116.46
1990 115.17
1989 108.99
1988 103.88
1987 98.5
1986 94.86
1985 90.57
1984 85.61
1983 78.01
1982 74.22
1981 67.53
1980 62.91
1979 57.19
1978 54.7
1977 50.35
1976 46.19
1975 40.78
1974 37.43
1973 36.86
1972 35.61
1971 34.55
1970 33.21
1969 31.45
1968 29.87
1967 30.36
1966 30.11
1965 28.67
1964 27.32
1963 24.5
1962 22.17
1961 21.35
1960 20.3
Egypt Real GDP : Definition
Real GDP is defined as the value of all goods and services produced in Egypt, measured in US dollars adjusted to 2015 prices. By fixing prices to a base year, it removes the effect of inflation, so this represents real GDP rather than nominal GDP.
Indicator Last Value Prior Value Period
GDP $389.06B $395.93B 2024
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