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Egypt economy ranking: GDP & GDP per capita, debt

Updated on by Georank team

Egypt ranked 41/197 by economy size with a GDP of $389B and 138/197 by GDP per capita at $3,338. Egypt has $354B in government debt, with a debt-to-GDP ratio of 90.9%.

In 2024, Egypt made up 0.35% of the world's economy, compared to 0.31% in 1960.

Egypt GDP & GDP growth by year

GDP, current $
Real growth
1x
Year GDP GDP growth
2024 $389,059,911,004 2.4%
2023 $395,926,075,163 3.76%
2022 $476,747,720,365 6.59%
2021 $424,671,765,456 3.29%
2020 $383,817,841,547 3.55%
2019 $318,678,815,490 5.55%
2018 $262,588,632,527 5.33%
2017 $248,362,771,739 4.18%
2016 $332,441,717,791 4.35%
2015 $329,366,576,819 4.37%
2014 $305,595,408,895 2.92%
2013 $288,434,108,527 2.19%
2012 $279,116,666,667 2.23%
2011 $235,989,672,978 1.76%
2010 $218,983,666,062 5.15%
2009 $189,147,005,445 4.67%
2008 $162,818,181,818 7.16%
2007 $130,437,828,371 7.09%
2006 $107,426,086,957 6.84%
2005 $89,660,339,660 4.47%
2004 $78,782,467,532 4.09%
2003 $80,288,461,538 3.19%
2002 $85,146,067,416 2.39%
2001 $96,684,636,119 3.54%
2000 $99,838,543,960 6.37%
1999 $90,710,704,807 6.05%
1998 $84,828,807,556 5.58%
1997 $78,436,578,171 5.49%
1996 $67,629,716,981 4.99%
1995 $60,159,245,060 4.64%
1994 $51,897,983,393 3.97%
1993 $46,578,631,453 2.9%
1992 $41,855,986,519 4.47%
1991 $37,387,836,491 1.13%
1990 $42,978,914,311 5.67%
1989 $39,756,299,050 4.92%
1988 $34,980,124,929 5.46%
1987 $40,455,616,654 3.83%
1986 $41,253,507,951 4.74%
1985 $39,053,502,251 5.79%
1984 $33,971,188,992 9.75%
1983 $30,966,239,814 5.09%
1982 $27,655,172,414 9.91%
1981 $22,136,081,081 7.35%
1980 $21,669,908,176 10%
1979 $18,020,571,429 4.55%
1978 $14,811,704,063 8.63%
1977 $14,400,806,876 9%
1976 $13,315,988,083 13.3%
1975 $11,632,178,869 8.94%
1974 $9,228,963,225 1.56%
1973 $10,098,534,613 3.51%
1972 $9,299,638,056 3.06%
1971 $8,609,283,346 4.06%
1970 $8,042,200,452 5.6%
1969 $6,524,455,206 5.28%
1968 $5,932,242,991 -1.61%
1967 $5,605,484,299 0.81%
1966 $5,278,005,612 5.05%
1965 $4,948,667,540 4.91%
1964 $4,709,245,762 11.5%
1963 $4,187,146,232 10.5%
1962 $4,035,462,027 3.88%
1961 $4,494,575,611 5.16%
1960 $4,206,270,352 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/egypt | CC BY

Egypt GDP per capita by year

GDP per capita
GDP per capita, PPP
1x
Year Current $
GDP per capita GDP per capita, PPP
2024 $3,338 $19,094
2023 $3,457 $18,525
2022 $4,233 $17,527
2021 $3,827 $15,579
2020 $3,511 $15,232
2019 $2,963 $13,364
2018 $2,485 $12,329
2017 $2,395 $11,125
2016 $3,271 $10,666
2015 $3,307 $10,903
2014 $3,133 $10,256
2013 $3,026 $10,511
2012 $2,996 $10,342
2011 $2,591 $8,988
2010 $2,455 $8,838
2009 $2,162 $8,465
2008 $1,896 $8,191
2007 $1,548 $7,641
2006 $1,299 $7,079
2005 $1,106 $6,554
2004 $991 $6,207
2003 $1,031 $5,928
2002 $1,117 $5,753
2001 $1,295 $5,650
2000 $1,366 $5,452
1999 $1,268 $5,121
1998 $1,213 $4,869
1997 $1,146 $4,661
1996 $1,009 $4,434
1995 $916 $4,235
1994 $807 $4,048
1993 $740 $3,895
1992 $681 $3,784
1991 $623 $3,627
1990 $736 $3,566
1989 $701 -
1988 $634 -
1987 $754 -
1986 $790 -
1985 $770 -
1984 $690 -
1983 $648 -
1982 $596 -
1981 $490 -
1980 $493 -
1979 $421 -
1978 $355 -
1977 $353 -
1976 $335 -
1975 $299.2 -
1974 $243.1 -
1973 $272.2 -
1972 $256.5 -
1971 $243 -
1970 $232.3 -
1969 $193 -
1968 $179.8 -
1967 $174.1 -
1966 $168.1 -
1965 $161.6 -
1964 $157.7 -
1963 $143.9 -
1962 $142.4 -
1961 $162.8 -
1960 $156.4 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/egypt | CC BY

Egypt has a GDP per capita of $3,338, ranking 138/197, a GDP per capita based on purchasing power parity (PPP) of $19,094, ranking 99/197, and a median annual after tax income of $1,948, ranking 166/197.

Egypt GDP rankings by year

GDP
GDP per capita
GDP per capita, PPP
1x
Year Rank
GDP GDP per capita GDP per capita, PPP
2024 41 128 92
2023 40 133 93
2022 33 120 94
2021 33 128 96
2020 31 126 87
2019 43 135 103
2018 45 140 104
2017 45 141 109
2016 32 126 108
2015 33 126 104
2014 38 131 110
2013 38 132 107
2012 38 133 102
2011 44 135 111
2010 43 133 108
2009 44 131 108
2008 50 138 109
2007 52 138 109
2006 52 139 107
2005 51 141 107
2004 50 139 105
2003 48 126 103
2002 44 122 103
2001 41 117 103
2000 40 113 104
1999 38 113 103
1998 41 114 101
1997 45 116 101
1996 47 119 99
1995 48 118 99
1994 48 119 100
1993 49 129 100
1992 48 129 99
1991 50 137 101
1990 47 131 100
1989 45 119 -
1988 48 122 -
1987 39 109 -
1986 36 98 -
1985 36 99 -
1984 39 104 -
1983 41 111 -
1982 43 116 -
1981 48 122 -
1980 50 123 -
1979 50 116 -
1978 50 119 -
1977 46 116 -
1976 45 111 -
1975 47 114 -
1974 51 117 -
1973 41 106 -
1972 36 101 -
1971 35 99 -
1970 35 98 -
1969 37 88 -
1968 37 88 -
1967 38 86 -
1966 38 86 -
1965 36 85 -
1964 35 81 -
1963 36 85 -
1962 35 81 -
1961 32 73 -
1960 31 72 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/egypt | CC BY

Compared with 2000, in 2024 Egypt is ranked 41st out of 182 by GDP (down from 40th), 128th by GDP per capita (down from 113th), and 92nd by GDP per capita PPP (up from 104th).

Economic indicators

Egypt Rank
Gross domestic product
$389B
2024
41/197
GDP growth
2.4%
2023-2024
125/194
GDP per capita
$3,338
2024
138/197
GDP per capita, PPP
$19,094
2024
99/197
Government debt
$354B
2024
25/185
Debt-to-GDP ratio
90.9%
2024
31/185
Government debt per person
$3,036
2024
99/185
Average annual personal income after taxes
$1,948
2026
166/197
Listed domestic companies
246
2024
30/103
Market capitalization of domestic companies
$42.6B
2024
51/100
Number of billionaires
5
2025
46/78
Billionaire frequency
1 in 13,700,063
2025
69/78
Income share by richest 10%
24.6%
2021
125/169
Income share by poorest 10%
4.2%
2021
8/169
Government expenditure, % of GDP
22.9%
2024
134/195
Consumer prices inflation
28.3%
2023-2024
14/195
Central bank interest rate
21%
2025
9/106
Unemployment rate
5.95%
2024
80/196
Population
120697176
13/197

Government spending, deficit, and debt by year

Spending
Debt
Deficit/surplus
1x
Year % of GDP
Government spending Government debt Government deficit/surplus
2024 22.9% 90.9% -7.12%
2023 22.7% 95.9% -5.77%
2022 24.9% 88.5% -5.74%
2021 25.5% 89.9% -6.96%
2020 25.7% 86.2% -7.47%
2019 26.9% 80.1% -7.6%
2018 28.6% 87.9% -8.97%
2017 30.6% 97.8% -9.9%
2016 31% 91.6% -11.8%
2015 31.3% 83.8% -10.4%
2014 33.9% 80.9% -10.7%
2013 32.9% 79.8% -12.3%
2012 29.2% 69.9% -9.47%
2011 30.5% 72.8% -9.6%
2010 31.4% 69.6% -7.45%
2009 32.5% 69.5% -6.2%
2008 32.7% 66.8% -6.05%
2007 31.3% 76.3% -4.9%
2006 34.5% 85.9% -7.35%
2005 30.3% 98.3% -6.69%
2004 30.1% 96.5% -5.76%
2003 30.6% 97.1% -5.73%
2002 30.9% 85.8% -6.77%
2001 27.9% 79.1% -1.07%
2000 26% 71.7% 1.32%
1999 26.3% 72.4% 2.14%
1998 - 73.8% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20).

GeoRank.org/economy/egypt | CC BY

This chart shows Egypt's government spending, budget balance, and debt over time, each expressed as a share of GDP.

Over the past 26 years, Egypt recorded a fiscal deficit in 24 of them, with an average annual deficit equal to 6.86% of GDP. In 2024, government spending reached $89.2B (22.9% of GDP), with a deficit of 7.12%.

The national debt reached $354B, ranking 25th out of 185 countries by total size, with a debt-to-GDP ratio of 90.9%, ranking 31st.

Inflation rate by year

1x
Year Inflation
2024 28.3%
2023 33.9%
2022 13.9%
2021 5.21%
2020 5.04%
2019 9.15%
2018 14.4%
2017 29.5%
2016 13.8%
2015 10.4%
2014 10.1%
2013 9.47%
2012 7.11%
2011 10.1%
2010 11.3%
2009 11.8%
2008 18.3%
2007 9.32%
2006 7.64%
2005 4.87%
2004 11.3%
2003 4.51%
2002 2.74%
2001 2.27%
2000 2.68%
1999 3.08%
1998 3.87%
1997 4.63%
1996 7.19%
1995 15.7%
1994 8.15%
1993 12.1%
1992 13.6%
1991 19.7%
1990 16.8%
1989 21.3%
1988 17.7%
1987 19.7%
1986 23.9%
1985 12.1%
1984 17%
1983 16.1%
1982 14.8%
1981 10.3%
1980 20.8%
1979 9.9%
1978 11.1%
1977 12.7%
1976 10.3%
1975 9.67%
1974 10%
1973 5.11%
1972 2.1%
1971 3.14%
1970 3.76%
1969 3.41%
1968 -1.68%
1967 0.7%
1966 9.04%
1965 14.8%
1964 3.66%
1963 0.75%
1962 -3%
1961 0.69%
1960 0.33%

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/egypt | CC BY

Over the past 20 years, Egypt has had an average annual inflation rate of 13.2%. In 2024, inflation was 28.3%. The bar chart above shows consumer price inflation by year.

Balance of trade

Egypt Rank
Current account balance
-$22.3B
2024
184/190
Current account balance, % of GDP
-5.72%
2024
143/190
Goods imports
$72.9B
2024
45/189
Goods exports
$34.8B
2024
65/189
Service imports
$27.5B
2024
45/189
Service exports
$29.6B
2024
43/189
Imports of goods and services, % of GDP
23.2%
2024
155/181
Exports of goods and services, % of GDP
16.4%
2024
161/193

Egypt top 10 trading partners

Egypt's biggest trading partner accounting for 11.6% of all exports and imports is China, with a trade balance between the two of -$15.2B: Egypt exports $394M worth of goods and services to China and imports $15.5B.

Below is the list of the top 10 trade partners of Egypt.

Rank Country Trade value Share of total trade Export to Import from Top export to Top import from
1 China $15.9B 11.6% $394M $15.5B Raw materials & minerals Machinery & equipment
2 Saudi Arabia $11.3B 8.21% $3.36B $7.94B Metals Raw materials & minerals
3 United States $9.87B 7.17% $2.26B $7.61B Textiles & consumer goods Raw materials & minerals
4 Russia $6.61B 4.81% $607M $6.01B Raw agricultural goods Raw agricultural goods
5 Turkey $6.59B 4.79% $3.32B $3.26B Raw materials & minerals Machinery & equipment
6 Italy $6.58B 4.78% $3.38B $3.2B Raw materials & minerals Machinery & equipment
7 UAE $5.96B 4.33% $3.27B $2.69B Precious metals & jewellery Metals
8 Germany $5.39B 3.91% $989M $4.4B Textiles & consumer goods Machinery & equipment
9 Brazil $5.05B 3.67% $854M $4.2B Raw materials & minerals Raw agricultural goods
10 India $3.78B 2.74% $517M $3.26B Raw materials & minerals Chemicals & pharma

Top 10 exports

Egypt Rank
Transport & tourism services $30.3B 26/188
Raw materials & minerals $10.8B 51/193
Textiles & consumer goods $6.15B 37/193
Raw agricultural goods $6.03B 25/193
Chemicals & pharma $4.97B 44/193
Metals $4.74B 48/192
Machinery & equipment $3.98B 58/193
Processed food, beverages & tobacco $3.52B 47/192
Precious metals & jewellery $3.26B 36/190
Government & miscellaneous services $3.17B 6/180

Top 10 imports

Egypt Rank
Machinery & equipment $21.1B 51/193
Raw materials & minerals $21.1B 31/193
Transport & tourism services $13.7B 42/188
Chemicals & pharma $13.5B 37/193
Raw agricultural goods $11B 19/193
Metals $10.8B 33/193
Processed food, beverages & tobacco $5.53B 38/193
Business & finance services $5.37B 46/188
Textiles & consumer goods $5.28B 49/193
Wood & paper products $3.1B 32/193

Economic freedom indices

Egypt Rank
Economic freedom 50.3 160/197
Property rights 35.5 134/182
Government integrity 27.1 137/182
Judicial effectiveness 24 141/182
Tax burden 85.7 53/182
Government spending 83.4 55/180
Fiscal health 21.8 150/181
Business freedom 51.4 134/182
Labor freedom 43.1 165/182
Monetary freedom 56 163/180
Trade freedom 60.2 148/181
Investment freedom 65 52/181
Financial freedom 50 77/181

Economic freedom by year

1x
Year Index
Economic freedom Judicial effectiveness Tax burden Government spending Fiscal health
2026 50.3 24 85.7 83.4 21.8
2025 50.9 21.9 85.8 82.2 20.7
2024 49.7 21.9 85.4 80.8 11.8
2023 49.6 27.9 86.7 79.4 4.1
2022 49.1 22.1 87.1 75.7 3.7
2021 55.7 54 86.9 73.1 6
2020 54 51.2 86.1 69.9 2.8
2019 52.5 48.3 85.2 68.1 0
2018 53.4 52.5 84.2 65.1 1.2
2017 52.6 56.3 86.1 63 4.6
2016 56 - 85.6 65.9 -
2015 55.2 - 85.8 68 -
2014 52.9 - 85.6 69.6 -
2013 54.8 - 85.6 69.4 -
2012 57.9 - 89.7 64.1 -
2011 59.1 - 89.6 65.3 -
2010 59 - 89.7 73.4 -
2009 58 - 89.5 66.1 -
2008 58.5 - 90.8 73 -
2007 54.4 - 90.4 72.8 -
2006 53.2 - 64.7 72.1 -
2005 55.8 - 66.1 78.6 -
2004 55.5 - 66.1 76.8 -
2003 55.3 - 66.1 72.8 -
2002 54.1 - 65.6 71.2 -
2001 51.5 - 66.1 54.4 -
2000 51.7 - 65.3 54.4 -
1999 58 - 64.9 74.2 -
1998 55.8 - 56.5 76.5 -
1997 54.5 - 55.9 72.3 -
1996 52 - 56.2 61.8 -
1995 45.7 - 46 53.7 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/egypt | CC BY

Egypt is ranked 142/174 for economic freedom with a score of 50.3, compared to 123/162 and a score of 53.2 in 2006.

Other economic metrics

Egypt Rank
Services, % of GDP
48.9%
2024
138/191
Industry, % of GDP
32.6%
2024
45/194
Agriculture, forestry, and fishing, % of GDP
13.7%
2024
57/193
GNI, Atlas method
$409B
2024
39/194
GNI per capita, PPP
$18,230
2024
97/191
Total reserves including gold
$44.9B
2024
44/177
Net foreign direct investment
-$46.1B
2024
187/189
Net inflows of foreign direct investment
$46.6B
2024
9/193
Net outflows of foreign direct investment
$508M
2024
60/193
Servicing debt to the IMF, % of GNI
8.86%
2024
22/121
Poverty at national poverty lines
33.5%
2021
51/176
Gross capital formation, % of GDP
13%
2024
162/178

Compare Egypt vs other countries

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/egypt | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2022–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.