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Economy of Egypt vs Ireland compared: GDP & Debt

Updated on by Georank team

Egypt has a GDP of $389B compared to $609B for Ireland, ranking 41/197 and 25/197 by economy size, respectively.

Egypt has $354B in government debt (90.9% of GDP), compared to $236B (38.8% of GDP) in Ireland.

Egypt vs Ireland GDP by year

Egypt
Ireland
1x
Year GDP, current $
Egypt Ireland
2024 $389,059,911,004 $609,157,459,747
2023 $395,926,075,163 $567,372,737,459
2022 $476,747,720,365 $548,341,794,599
2021 $424,671,765,456 $530,394,123,830
2020 $383,817,841,547 $436,009,027,819
2019 $318,678,815,490 $407,211,793,801
2018 $262,588,632,527 $395,780,319,817
2017 $248,362,771,739 $348,355,212,569
2016 $332,441,717,791 $305,431,252,709
2015 $329,366,576,819 $302,101,388,556
2014 $305,595,408,895 $266,490,442,124
2013 $288,434,108,527 $242,924,245,719
2012 $279,116,666,667 $226,921,827,888
2011 $235,989,672,978 $240,975,871,047
2010 $218,983,666,062 $221,732,824,603
2009 $189,147,005,445 $236,443,115,854
2008 $162,818,181,818 $275,447,471,451
2007 $130,437,828,371 $270,079,279,420
2006 $107,426,086,957 $232,180,617,162
2005 $89,660,339,660 $211,876,989,656
2004 $78,782,467,532 $194,372,115,041
2003 $80,288,461,538 $164,670,771,260
2002 $85,146,067,416 $128,596,035,288
2001 $96,684,636,119 $109,346,669,230
2000 $99,838,543,960 $100,207,610,430
1999 $90,710,704,807 $98,893,958,263
1998 $84,828,807,556 $90,199,410,116
1997 $78,436,578,171 $82,856,648,758
1996 $67,629,716,981 $75,790,786,290
1995 $60,159,245,060 $69,139,823,232
1994 $51,897,983,393 $57,097,656,066
1993 $46,578,631,453 $52,417,477,614
1992 $41,855,986,519 $55,918,538,121
1991 $37,387,836,491 $49,787,501,584
1990 $42,978,914,311 $49,305,632,408
1989 $39,756,299,050 $39,238,392,678
1988 $34,980,124,929 $37,772,896,221
1987 $40,455,616,654 $33,920,518,493
1986 $41,253,507,951 $28,714,571,852
1985 $39,053,502,251 $21,270,013,326
1984 $33,971,188,992 $20,106,648,455
1983 $30,966,239,814 $20,766,047,764
1982 $27,655,172,414 $21,474,752,962
1981 $22,136,081,081 $20,670,190,138
1980 $21,669,908,176 $21,747,855,640
1979 $18,020,571,429 $18,319,334,300
1978 $14,811,704,063 $14,647,996,074
1977 $14,400,806,876 $11,248,340,431
1976 $13,315,988,083 $9,453,756,015
1975 $11,632,178,869 $9,483,808,362
1974 $9,228,963,225 $7,896,860,615
1973 $10,098,534,613 $7,481,173,066
1972 $9,299,638,056 $6,318,060,582
1971 $8,609,283,346 $5,098,250,287
1970 $8,042,200,452 $4,395,995,086
1969 $6,524,455,206 $3,902,721,632
1968 $5,932,242,991 $3,378,701,147
1967 $5,605,484,299 $3,445,739,915
1966 $5,278,005,612 $3,198,820,904
1965 $4,948,667,540 $3,035,655,794
1964 $4,709,245,762 $2,851,091,646
1963 $4,187,146,232 $2,505,073,358
1962 $4,035,462,027 $2,329,372,972
1961 $4,494,575,611 $2,151,772,980
1960 $4,206,270,352 $1,998,550,222

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

GeoRank.org/economy/egypt/ireland | CC BY

GDP per capita in Egypt vs Ireland by year

Egypt
GDP per capita

GDP per capita, PPP
Ireland
GDP per capita

GDP per capita, PPP
1x
Year Current $
Egypt Ireland
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $3,338 $19,094 $112,895 $133,437
2023 $3,457 $18,525 $106,819 $129,683
2022 $4,233 $17,527 $105,191 $138,523
2021 $3,827 $15,579 $103,783 $116,904
2020 $3,511 $15,232 $86,514 $97,800
2019 $2,963 $13,364 $81,828 $92,023
2018 $2,485 $12,329 $80,804 $86,299
2017 $2,395 $11,125 $72,161 $80,450
2016 $3,271 $10,666 $64,130 $73,013
2015 $3,307 $10,903 $64,250 $71,588
2014 $3,133 $10,256 $57,215 $52,641
2013 $3,026 $10,511 $52,538 $48,839
2012 $2,996 $10,342 $49,336 $46,726
2011 $2,591 $8,988 $52,614 $45,526
2010 $2,455 $8,838 $48,624 $43,212
2009 $2,162 $8,465 $52,133 $41,491
2008 $1,896 $8,191 $61,353 $44,169
2007 $1,548 $7,641 $61,396 $46,782
2006 $1,299 $7,079 $54,329 $44,223
2005 $1,106 $6,554 $50,933 $40,466
2004 $991 $6,207 $47,754 $38,729
2003 $1,031 $5,928 $41,204 $36,280
2002 $1,117 $5,753 $32,705 $35,222
2001 $1,295 $5,650 $28,282 $32,573
2000 $1,366 $5,452 $26,335 $30,216
1999 $1,268 $5,121 $26,338 $27,041
1998 $1,213 $4,869 $24,295 $25,094
1997 $1,146 $4,661 $22,551 $22,637
1996 $1,009 $4,434 $20,836 $20,482
1995 $916 $4,235 $19,158 $18,944
1994 $807 $4,048 $15,903 $17,011
1993 $740 $3,895 $14,657 $15,811
1992 $681 $3,784 $15,714 $15,116
1991 $623 $3,627 $14,087 $14,399
1990 $736 $3,566 $14,031 $13,743
1989 $701 - $11,176 -
1988 $634 - $10,716 -
1987 $754 - $9,582 -
1986 $790 - $8,112 -
1985 $770 - $6,012 -
1984 $690 - $5,692 -
1983 $648 - $5,915 -
1982 $596 - $6,161 -
1981 $490 - $5,986 -
1980 $493 - $6,372 -
1979 $421 - $5,430 -
1978 $355 - $4,400 -
1977 $353 - $3,427 -
1976 $335 - $2,920 -
1975 $299.2 - $2,973 -
1974 $243.1 - $2,517 -
1973 $272.2 - $2,424 -
1972 $256.5 - $2,080 -
1971 $243 - $1,704 -
1970 $232.3 - $1,487 -
1969 $193 - $1,331 -
1968 $179.8 - $1,159 -
1967 $174.1 - $1,187 -
1966 $168.1 - $1,107 -
1965 $161.6 - $1,055 -
1964 $157.7 - $995 -
1963 $143.9 - $878 -
1962 $142.4 - $821 -
1961 $162.8 - $762 -
1960 $156.4 - $707 -

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

GeoRank.org/economy/egypt/ireland | CC BY

Egypt's GDP per capita is $3,338, ranking 138/197, compared to $112,895 in Ireland, ranking 4/197. Adjusted for purchasing power (GDP per capita PPP), Egypt ranks 99th at $19,094, while Ireland ranks 4th at $133,437.

Economic indicators

Egypt Ireland
Gross domestic product
$389B
2024
$609B
2024
GDP rank
41/197
2024
25/197
2024
GDP growth
2.4%
2023-2024
2.6%
2023-2024
GDP per capita
$3,338
2024
$112,895
2024
GDP per capita rank
138/197
2024
4/197
2024
GDP per capita, PPP
$19,094
2024
$133,437
2024
GDP per capita PPP rank
99/197
2024
4/197
2024
Government debt
$354B
2024
$236B
2024
Debt-to-GDP ratio
90.9%
2024
38.8%
2024
Government debt per person
$3,036
2024
$43,766
2024
Government debt per person rank
99/185
2024
11/185
2024
Average annual personal income after taxes
$1,948
2026
$47,851
2026
Market capitalization of domestic companies
$42.6B
2024
$110B
2018
Number of billionaires
5
2025
11
2025
Income share by richest 10%
24.6%
2021
24.1%
2023
Income share by poorest 10%
4.2%
2021
3.7%
2023
Government expenditure, % of GDP
22.9%
2024
22.3%
2024
Consumer prices inflation
28.3%
2023-2024
2.11%
2023-2024
Central bank interest rate
21%
2025
n/a
Unemployment rate
5.95%
2024
4.27%
2024
Population
120697176
5518360

Spending and national debt comparison by year

Egypt
Spending

Debt
Ireland
Spending

Debt
1x
Year % of GDP
Egypt Ireland
Government spending Government debt Government spending Government debt
2024 22.9% 90.9% 22.3% 38.8%
2023 22.7% 95.9% 22.1% 42.1%
2022 24.9% 88.5% 20.6% 43.2%
2021 25.5% 89.9% 23.6% 52.7%
2020 25.7% 86.2% 26.7% 57.1%
2019 26.9% 80.1% 23.9% 55.9%
2018 28.6% 87.9% 24.7% 61.4%
2017 30.6% 97.8% 25.3% 65.3%
2016 31% 91.6% 27.5% 72.7%
2015 31.3% 83.8% 28.1% 74%
2014 33.9% 80.9% 36.6% 101.4%
2013 32.9% 79.8% 39.8% 117.7%
2012 29.2% 69.9% 42.3% 118.9%
2011 30.5% 72.8% 46.9% 109.6%
2010 31.4% 69.6% 64.9% 86.2%
2009 32.5% 69.5% 46.9% 61.8%
2008 32.7% 66.8% 41.6% 42.5%
2007 31.3% 76.3% 35.6% 23.9%
2006 34.5% 85.9% 33.6% 23.7%
2005 30.3% 98.3% 33% 26.1%
2004 30.1% 96.5% 32.8% 28.1%
2003 30.6% 97.1% 32.7% 29.8%
2002 30.9% 85.8% 32.9% 30.9%
2001 27.9% 79.1% 32.2% 33.6%
2000 26% 71.7% 30.6% 36.4%
1999 26.3% 72.4% 32.5% 46.6%
1998 - 73.8% 34.2% 51.4%
1997 - - 36.1% 61.6%
1996 - - 38.5% 69.8%
1995 - - 40.3% 78.5%
1994 - - 44.2% 88%
1993 - - 44.6% 93.4%
1992 - - 46.8% 90.6%
1991 - - 46.1% 93.8%
1990 - - 44.6% 92.7%
1989 - - 42.5% 97.9%
1988 - - 48.2% 106.5%
1987 - - 51.4% 108.3%
1986 - - 52.9% 107.2%
1985 - - 53.2% 93%
1984 - - 52.7% 90.2%
1983 - - 55.6% 86.1%
1982 - - 56.7% 73.5%
1981 - - 54.1% 68.8%
1980 - - 53.7% 64.6%
1979 - - 48.7% 63.5%
1978 - - 46.2% 50.6%
1977 - - 44.6% 49.2%
1976 - - 47.8% 51.7%
1975 - - 48.2% 48.3%
1974 - - 44.3% 43.5%
1973 - - 40.3% 35.1%
1972 - - 41.5% 37.3%
1971 - - 45.3% 39.8%
1970 - - 44.1% 41.7%
1969 - - 42.5% 42.6%
1968 - - 40% 44.7%
1967 - - 39.3% 47.1%
1966 - - 36.9% 47.7%
1965 - - 35.8% 44.6%
1964 - - 34.8% 43.1%
1963 - - 33.6% 45.2%
1962 - - 31.7% 44.5%
1961 - - 31.4% 44.3%
1960 - - 29.1% 44.9%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-02-20).

GeoRank.org/economy/egypt/ireland | CC BY

In 2024, Egypt's government spending was $89.2B, accounting for 22.9% of its GDP, while Ireland spent $136B, or 22.3% of GDP.

Debt-to-GDP ratio is 90.9% in Egypt and 38.8% in Ireland, ranking 31/185 and 138/185, respectively.

Government deficit by year

Deficit/surplus
Egypt

Ireland
1x
Year Deficit/surplus, % of GDP
Egypt Ireland
2024 -7.12% 4.09%
2023 -5.77% 1.52%
2022 -5.74% 1.67%
2021 -6.96% -1.37%
2020 -7.47% -4.87%
2019 -7.6% 0.41%
2018 -8.97% 0.09%
2017 -9.9% -0.3%
2016 -11.8% -0.76%
2015 -10.4% -1.97%
2014 -10.7% -3.52%
2013 -12.3% -6.28%
2012 -9.47% -8.42%
2011 -9.6% -13.5%
2010 -7.45% -32.1%
2009 -6.2% -13.9%
2008 -6.05% -7.03%
2007 -4.9% 0.27%
2006 -7.35% 2.78%
2005 -6.69% 1.57%
2004 -5.76% 1.3%
2003 -5.73% 0.35%
2002 -6.77% -0.52%
2001 -1.07% 0.96%
2000 1.32% 4.86%
1999 2.14% 3.54%
1998 - 2.07%
1997 - 1.37%
1996 - -0.2%
1995 - -2.07%
1994 - -1.82%
1993 - -2.62%
1992 - -2.84%
1991 - -2.8%
1990 - -2.69%
1989 - -2.64%
1988 - -4.62%
1987 - -8.47%
1986 - -10.5%
1985 - -10.7%
1984 - -9.43%
1983 - -11.5%
1982 - -13.1%
1981 - -12.1%
1980 - -11.1%
1979 - -10%
1978 - -8.27%
1977 - -6.44%
1976 - -7.34%
1975 - -11.1%
1974 - -6.96%
1973 - -3.84%
1972 - -3.23%
1971 - -3.5%
1970 - -3.64%
1969 - -3.4%
1968 - -2.72%
1967 - -2.69%
1966 - -2.26%
1965 - -3.5%
1964 - -3.35%
1963 - -2.92%
1962 - -2.91%
1961 - -2.6%
1960 - -1.97%
1959 - -2.16%
1958 - -4.3%
1957 - -5.19%
1956 - -3.23%
1955 - -5.06%
1954 - -5.28%
1953 - -5.77%
1952 - -7.84%
1951 - -4.62%
1950 - -5.21%
1949 - -2.17%
1948 - -1.29%
1947 - -1.8%
1946 - -0.43%
1945 - -0.43%
1944 - 0.39%
1943 - -1.18%
1942 - -2.48%
1941 - -1.42%
1940 - -0.15%
1939 - -7.31%
1938 - -0.92%
1937 - -0.77%
1936 - -0.19%
1935 - -
1934 - -
1933 - 2.97%
1932 - -
1931 - -1.63%
1930 - -
1929 - -3.41%
1928 - -
1927 - -
1926 - -1.95%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1926–1989, retrieved 2026-02-20).

GeoRank.org/economy/egypt/ireland | CC BY

In 2024, Egypt's government deficit, the difference between spending and revenue, was $27.7B, equivalent to 7.12% of GDP. This compares to Ireland's surplus of $24.9B, or 4.09% of GDP.

Over the past 26 years, Egypt recorded a fiscal deficit in 24 of those years, while Ireland ran a deficit in 13 years. On average, Egypt posted an annual deficit equal to 6.86% of GDP, compared to deficit of 2.74% of GDP for Ireland.

Inflation comparison by year

Inflation
Egypt

Ireland
1x
Year Consumer prices inflation
Egypt Ireland
2024 28.3% 2.11%
2023 33.9% 6.3%
2022 13.9% 7.83%
2021 5.21% 2.34%
2020 5.04% -0.33%
2019 9.15% 0.94%
2018 14.4% 0.47%
2017 29.5% 0.36%
2016 13.8% 0.02%
2015 10.4% -0.33%
2014 10.1% 0.19%
2013 9.47% 0.52%
2012 7.11% 1.69%
2011 10.1% 2.55%
2010 11.3% -0.92%
2009 11.8% -4.45%
2008 18.3% 4.04%
2007 9.32% 4.89%
2006 7.64% 3.94%
2005 4.87% 2.46%
2004 11.3% 2.18%
2003 4.51% 3.49%
2002 2.74% 4.63%
2001 2.27% 4.85%
2000 2.68% 5.58%
1999 3.08% 1.63%
1998 3.87% 2.41%
1997 4.63% 1.54%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/egypt/ireland | CC BY

Over the past 28 years, Egypt has recorded an average annual inflation rate of 10.7%, compared with 2.18% in Ireland. In 2024, inflation was 28.3% in Egypt and 2.11% in Ireland.

Top exports between countries

Egypt
Export category Export value
Machinery & equipment $44.5M
Raw materials & minerals $39.2M
Metals $13.7M
Textiles & consumer goods $13.5M
Raw agricultural goods $11.8M
Wood & paper products $10.3M
Chemicals & pharma $5.68M
Processed food, beverages & tobacco $5.28M
Animal & marine products $355K
Miscellaneous $80K
Ireland
Export category Export value
Chemicals & pharma $177M
Business & finance services $159M
Machinery & equipment $27.5M
Animal & marine products $26.8M
Metals $7M
Raw materials & minerals $6.89M
Processed food, beverages & tobacco $6.27M
Wood & paper products $1.45M
Raw agricultural goods $1.34M
IT & IP services $1.11M

Balance of trade

Egypt Ireland
Current account balance
-$22.3B
2024
$106B
2024
Current account balance ranking
184/190
2024
6/190
2024
Current account balance, % of GDP
-5.72%
2024
+17.4%
2024
Goods imports
$72.9B
2024
$165B
2024
Goods exports
$34.8B
2024
$356B
2024
Service imports
$27.5B
2024
$467B
2024
Service exports
$29.6B
2024
$526B
2024
Imports of goods and services, % of GDP
23.2%
2024
102.2%
2024
Exports of goods and services, % of GDP
16.4%
2024
144%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Egypt Ireland
Economic freedom 50.3 83.3
Economic freedom ranking 160/197 3/197
Property rights 35.5 94.4
Government integrity 27.1 84
Judicial effectiveness 24 95.4
Tax burden 85.7 77.7
Government spending 83.4 85.9
Fiscal health 21.8 97
Business freedom 51.4 85.5
Labor freedom 43.1 61.3
Monetary freedom 56 79.3
Trade freedom 60.2 79.4
Investment freedom 65 90
Financial freedom 50 70

Economic freedom comparison by year

Egypt
Ireland
1x
Year Economic freedom index
Egypt Ireland
2026 50.3 83.3
2025 50.9 83.1
2024 49.7 82.6
2023 49.6 82
2022 49.1 82
2021 55.7 81.4
2020 54 80.9
2019 52.5 80.5
2018 53.4 80.4
2017 52.6 76.7
2016 56 77.3
2015 55.2 76.6
2014 52.9 76.2
2013 54.8 75.7
2012 57.9 76.9
2011 59.1 78.7
2010 59 81.3
2009 58 82.2
2008 58.5 82.5
2007 54.4 82.6
2006 53.2 82.2
2005 55.8 80.8
2004 55.5 80.3
2003 55.3 80.9
2002 54.1 80.5
2001 51.5 81.2
2000 51.7 76.1
1999 58 74.6
1998 55.8 73.7
1997 54.5 72.6
1996 52 68.5
1995 45.7 68.5

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

GeoRank.org/economy/egypt/ireland | CC BY

The Economic Freedom Index for Egypt is 50.3, ranking 160/197, compared to 83.3 for Ireland, ranking 3/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Egypt Ireland
Services, % of GDP
48.9%
2024
60.6%
2024
Industry, % of GDP
32.6%
2024
33.6%
2024
Agriculture, forestry, and fishing, % of GDP
13.7%
2024
1.02%
2024
GNI, Atlas method
$409B
2024
$435B
2024
GNI per capita, PPP
$18,230
2024
$101,180
2024
Total reserves including gold
$44.9B
2024
$12.7B
2024
Total reserves ranking
44/177
2024
73/177
2024
Net foreign direct investment
-$46.1B
2024
$62.3B
2024
Net inflows of foreign direct investment
$46.6B
2024
$4.82B
2024
Net outflows of foreign direct investment
$508M
2024
$67.1B
2024
Servicing debt to the IMF, % of GNI
8.86%
2024
n/a
Poverty at national poverty lines
33.5%
2021
14%
2021
Gross capital formation, % of GDP
13%
2024
18.2%
2024

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/ireland | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1926–1989, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2016–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. 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.