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Economy of Egypt vs Jamaica compared: GDP & Debt

Updated on by Georank

Egypt has a GDP of $365B compared to $22.7B for Jamaica, ranking 43/197 and 125/197 by economy size, respectively.

Egypt has $317B in government debt (86.8% of GDP), compared to $15.4B (67.7% of GDP) in Jamaica.

Egypt vs Jamaica GDP by year

Egypt
Jamaica
1x
Year GDP, current $
Egypt Jamaica
2025 $365,254,630,180 $22,704,903,218
2024 $389,059,910,593 $22,014,429,051
2023 $395,926,071,448 $21,418,797,833
2022 $476,747,720,365 $18,813,516,805
2021 $424,671,765,456 $15,963,885,376
2020 $383,817,841,547 $15,000,214,216
2019 $318,678,815,490 $17,026,269,263
2018 $262,588,632,527 $16,855,447,986
2017 $248,362,771,739 $15,783,583,237
2016 $332,441,717,791 $14,898,999,754
2015 $329,366,576,819 $14,963,589,916
2014 $305,595,408,895 $13,899,217,680
2013 $288,434,108,527 $14,264,205,153
2012 $279,116,666,667 $14,807,086,556
2011 $235,989,672,978 $14,444,661,522
2010 $218,983,666,062 $13,220,549,908
2009 $189,147,005,445 $12,120,458,115
2008 $162,818,181,818 $13,709,401,520
2007 $130,437,828,371 $12,799,600,047
2006 $107,426,086,957 $11,930,179,090
2005 $89,660,339,660 $11,243,865,778
2004 $78,782,467,532 $10,174,664,854
2003 $80,288,461,538 $9,430,234,811
2002 $85,146,067,416 $9,719,009,495
2001 $96,684,636,119 $9,194,727,831
2000 $99,838,543,960 $9,005,064,475
1999 $90,710,704,807 $8,887,057,997
1998 $84,828,807,556 $8,787,195,622
1997 $78,436,578,171 $8,400,041,724
1996 $67,629,716,981 $7,393,891,921
1995 $60,159,245,060 $6,577,520,643
1994 $51,897,983,393 $5,452,558,947
1993 $46,578,631,453 $5,440,075,676
1992 $41,855,986,519 $3,535,460,090
1991 $37,387,836,491 $4,106,207,649
1990 $42,978,914,311 $4,592,208,087
1989 $39,756,299,050 $4,404,937,853
1988 $34,980,124,929 $3,828,342,820
1987 $40,455,616,654 $3,287,007,322
1986 $41,253,507,951 $2,754,549,582
1985 $39,053,502,251 $2,100,239,019
1984 $33,971,188,992 $2,373,564,549
1983 $30,966,239,814 $3,619,262,277
1982 $27,655,172,414 $3,293,496,312
1981 $22,136,081,081 $2,979,027,966
1980 $21,669,908,176 $2,679,379,372
1979 $18,020,571,429 $2,425,064,229
1978 $14,811,704,063 $2,644,527,822
1977 $14,400,806,876 $3,249,733,140
1976 $13,315,988,083 $2,966,042,856
1975 $11,632,178,869 $2,860,442,750
1974 $9,228,963,225 $2,375,122,375
1973 $10,098,534,613 $1,905,917,553
1972 $9,299,638,056 $1,875,146,587
1971 $8,609,283,346 $1,539,861,816
1970 $8,042,200,452 $1,404,720,442
1969 $6,524,455,206 $1,191,239,047
1968 $5,932,242,991 $1,083,839,133
1967 $5,605,484,299 $1,148,014,311
1966 $5,278,005,612 $1,096,759,561
1965 $4,948,667,540 $972,159,611
1964 $4,709,245,762 $897,949,001
1963 $4,187,146,232 $826,706,669
1962 $4,035,462,027 $777,727,689
1961 $4,494,575,611 $748,043,501
1960 $4,206,270,352 $699,064,380

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Egypt vs Jamaica by year

Egypt
GDP per capita

GDP per capita, PPP
Jamaica
GDP per capita

GDP per capita, PPP
1x
Year Current $
Egypt Jamaica
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $3,086 - $8,003 -
2024 $3,338 $19,094 $7,754 $12,890
2023 $3,457 $18,525 $7,542 $12,651
2022 $4,233 $17,527 $6,626 $11,888
2021 $3,827 $15,579 $5,626 $10,431
2020 $3,511 $15,232 $5,299 $9,764
2019 $2,963 $13,364 $6,031 $10,845
2018 $2,485 $12,329 $5,977 $10,753
2017 $2,395 $11,125 $5,605 $10,466
2016 $3,271 $10,666 $5,302 $9,948
2015 $3,307 $10,903 $5,339 $9,476
2014 $3,133 $10,256 $4,975 $9,210
2013 $3,026 $10,511 $5,124 $9,101
2012 $2,996 $10,342 $5,341 $8,831
2011 $2,591 $8,988 $5,233 $8,809
2010 $2,455 $8,838 $4,810 $8,521
2009 $2,162 $8,465 $4,428 $8,580
2008 $1,896 $8,191 $5,030 $8,952
2007 $1,548 $7,641 $4,716 $8,893
2006 $1,299 $7,079 $4,417 $8,577
2005 $1,106 $6,554 $4,184 $8,127
2004 $991 $6,207 $3,808 $7,854
2003 $1,031 $5,928 $3,550 $7,593
2002 $1,117 $5,753 $3,681 $7,226
2001 $1,295 $5,650 $3,504 $7,019
2000 $1,366 $5,452 $3,453 $6,816
1999 $1,268 $5,121 $3,432 $6,653
1998 $1,213 $4,869 $3,419 $6,543
1997 $1,146 $4,661 $3,297 $6,682
1996 $1,009 $4,434 $2,929 $6,706
1995 $916 $4,235 $2,631 $6,657
1994 $807 $4,048 $2,203 $6,435
1993 $740 $3,895 $2,221 $6,279
1992 $681 $3,784 $1,458 $5,664
1991 $623 $3,627 $1,710 $5,485
1990 $736 $3,566 $1,930 $5,106
1989 $701 - $1,865 -
1988 $634 - $1,632 -
1987 $754 - $1,411 -
1986 $790 - $1,191 -
1985 $770 - $917 -
1984 $690 - $1,048 -
1983 $648 - $1,619 -
1982 $596 - $1,494 -
1981 $490 - $1,370 -
1980 $493 - $1,249 -
1979 $421 - $1,144 -
1978 $355 - $1,262 -
1977 $353 - $1,569 -
1976 $335 - $1,450 -
1975 $299.2 - $1,417 -
1974 $243.1 - $1,193 -
1973 $272.2 - $972 -
1972 $256.5 - $971 -
1971 $243 - $809 -
1970 $232.3 - $748 -
1969 $193 - $642 -
1968 $179.8 - $591 -
1967 $174.1 - $633 -
1966 $168.1 - $612 -
1965 $161.6 - $549 -
1964 $157.7 - $514 -
1963 $143.9 - $480 -
1962 $142.4 - $458 -
1961 $162.8 - $447 -
1960 $156.4 - $424 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Egypt's GDP per capita is $3,086, ranking 143/197, compared to $8,003 in Jamaica, ranking 98/197. Adjusted for purchasing power (GDP per capita PPP), Egypt ranks 99th at $19,094, while Jamaica ranks 121st at $12,890.

Economic indicators

Egypt Jamaica
Gross domestic product
$365B
2025
$22.7B
2025
GDP rank
43/197
2025
125/197
2025
GDP growth
4.39%
2024-2025
0.08%
2024-2025
GDP per capita
$3,086
2025
$8,003
2025
GDP per capita rank
143/197
2025
98/197
2025
GDP per capita, PPP
$19,094
2024
$12,890
2024
GDP per capita PPP rank
99/197
2024
121/197
2024
Government debt
$317B
2025
$15.4B
2025
Debt-to-GDP ratio
86.8%
2025
67.7%
2025
Government debt per person
$2,679
2025
$5,419
2025
Government debt per person rank
110/185
2025
80/185
2025
Average annual personal income after taxes
$1,841
2026
$8,390
2026
Market capitalization of domestic companies
$62.9B
2025
$11.6B
2025
Number of billionaires
5
2026
n/a
Income share by richest 10%
24.6%
2021
29.6%
2021
Income share by poorest 10%
4.2%
2021
2.2%
2021
Government expenditure, % of GDP
22.7%
2025
33.8%
2025
Consumer prices inflation
14.1%
2024-2025
4%
2024-2025
Central bank interest rate
19%
2026
5.75%
2025
Unemployment rate
5.95%
2024
3.02%
2023
Population
121012163
2834177

Spending and national debt comparison by year

Egypt
Spending

Debt
Jamaica
Spending

Debt
1x
Year % of GDP
Egypt Jamaica
Government spending Government debt Government spending Government debt
2025 22.7% 86.8% 33.8% 67.7%
2024 22.9% 90.9% 30.1% 62.5%
2023 22.7% 95.9% 27.7% 66.5%
2022 24.9% 88.5% 27.1% 70.2%
2021 25.5% 89.9% 27.6% 86.3%
2020 25.7% 86.2% 30.1% 101.3%
2019 26.9% 80.1% 27.5% 87.7%
2018 28.6% 87.9% 27.5% 88.3%
2017 30.6% 97.8% 26.9% 95.1%
2016 31% 91.6% 26.5% 106.9%
2015 31.3% 83.8% 25.9% 115.9%
2014 33.9% 80.9% 26.1% 134.4%
2013 32.9% 79.8% 26.3% 135.2%
2012 29.2% 69.9% 29.1% 140.3%
2011 30.5% 72.8% 31.2% 135.9%
2010 31.4% 69.6% 32.3% 137.8%
2009 32.5% 69.5% 37.7% 138.3%
2008 32.7% 66.8% 33.9% 123.8%
2007 31.3% 76.3% 30.6% 111.6%
2006 34.5% 85.9% 30.1% 114.2%
2005 30.3% 98.3% 28.6% 121.5%
2004 30.1% 96.5% 30.7% 116.9%
2003 30.6% 97.1% 31.1% 120.1%
2002 30.9% 85.8% 30.1% 115.4%
2001 27.9% 79.1% 27.8% 105.3%
2000 26% 71.7% 25.7% 89.5%
1999 26.3% 72.4% 27.9% 80.7%
1998 - 73.8% 27.9% 75.6%
1997 - - 27.6% 74.4%
1996 - - 27.4% 70.2%
1995 - - 22.1% 85.2%
1994 - - 19.9% 90.4%
1993 - - 19.6% 106.2%
1992 - - 18.2% 100.4%
1991 - - 19.9% 175.1%
1990 - - 22.6% 128.8%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1990–1998, retrieved 2026-07-08).

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

In 2025, Egypt's government spending was $82.8B, accounting for 22.7% of its GDP, while Jamaica spent $7.68B, or 33.8% of GDP.

Debt-to-GDP ratio is 86.8% in Egypt and 67.7% in Jamaica, ranking 33/185 and 62/185, respectively.

Government deficit by year

Deficit/surplus
Egypt

Jamaica
1x
Year Deficit/surplus, % of GDP
Egypt Jamaica
2025 -6.55% -3.77%
2024 -7.12% 0.22%
2023 -5.77% 0.04%
2022 -5.74% 0.26%
2021 -6.96% 0.84%
2020 -7.47% -2.87%
2019 -7.6% 0.85%
2018 -8.97% 1.1%
2017 -9.9% 0.42%
2016 -11.8% -0.18%
2015 -10.4% -0.28%
2014 -10.7% -0.48%
2013 -12.3% 0.12%
2012 -9.47% -3.97%
2011 -9.6% -6.24%
2010 -7.45% -6.17%
2009 -6.2% -10.8%
2008 -6.05% -7.32%
2007 -4.9% -3.7%
2006 -7.35% -4.74%
2005 -6.69% -3.22%
2004 -5.76% -4.56%
2003 -5.73% -5.42%
2002 -6.77% -6.55%
2001 -1.07% -4.77%
2000 1.32% -0.78%
1999 2.14% -3.41%
1998 - -5.73%
1997 - -6.39%
1996 - -5.25%
1995 - 1.53%
1994 - 2.4%
1993 - 2.37%
1992 - 2.83%
1991 - 3.14%
1990 - 2.06%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Egypt's government deficit, the difference between spending and revenue, was $23.9B, equivalent to 6.55% of GDP. This compares to Jamaica's deficit of $856M, or 3.77% of GDP.

Over the past 27 years, Egypt recorded a fiscal deficit in 25 of those years, while Jamaica ran a deficit in 19 years. On average, Egypt posted an annual deficit equal to 6.85% of GDP, compared to deficit of 2.79% of GDP for Jamaica.

Inflation comparison by year

Inflation
Egypt

Jamaica
1x
Year Consumer prices inflation
Egypt Jamaica
2025 14.1% 4%
2024 28.3% 5.41%
2023 33.9% 6.47%
2022 13.9% 10.3%
2021 5.21% 5.86%
2020 5.04% 5.23%
2019 9.15% 3.91%
2018 14.4% 3.74%
2017 29.5% 4.38%
2016 13.8% 2.35%
2015 10.4% 3.69%
2014 10.1% 8.27%
2013 9.47% 9.34%
2012 7.11% 6.87%
2011 10.1% 7.56%
2010 11.3% 12.6%
2009 11.8% 9.59%
2008 18.3% 22%
2007 9.32% 9.24%
2006 7.64% 8.56%
2005 4.87% 15.1%
2004 11.3% 13.6%
2003 4.51% 10.1%
2002 2.74% 7.08%
2001 2.27% 6.8%
2000 2.68% 8.17%
1999 3.08% 5.95%
1998 3.87% 8.63%
1997 4.63% 9.66%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Egypt has recorded an average annual inflation rate of 10.8%, compared with 8.08% in Jamaica. In 2025, inflation was 14.1% in Egypt and 4% in Jamaica.

Top exports between countries

Egypt
Export category Export value
Metals $2.35M
Textiles & consumer goods $785K
Raw materials & minerals $645K
Wood & paper products $423K
Processed food, beverages & tobacco $381K
Chemicals & pharma $183K
Raw agricultural goods $51K
Machinery & equipment $40K
Jamaica
Export category Export value
Raw materials & minerals $13.1M
Raw agricultural goods $2K
Miscellaneous $1K

Balance of trade

Egypt Jamaica
Current account balance
-$13.9B
2025
$679M
2024
Current account balance ranking
178/190
2025
53/190
2024
Current account balance, % of GDP
-3.82%
2025
+3.08%
2024
Goods imports
$85.5B
2025
$6.07B
2024
Goods exports
$42.4B
2025
$1.87B
2024
Service imports
$29.6B
2025
$3.46B
2024
Service exports
$34.1B
2025
$5.26B
2024
Imports of goods and services, % of GDP
31.5%
2025
52.1%
2019
Exports of goods and services, % of GDP
19.8%
2025
38%
2019

Economic freedom indices

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

Egypt Jamaica
Economic freedom 50.3 68.2
Economic freedom ranking 160/197 48/197
Property rights 35.5 66.8
Government integrity 27.1 49.4
Judicial effectiveness 24 75.6
Tax burden 85.7 76.3
Government spending 83.4 76
Fiscal health 21.8 92.2
Business freedom 51.4 68.5
Labor freedom 43.1 59.2
Monetary freedom 56 74.2
Trade freedom 60.2 70.4
Investment freedom 65 60
Financial freedom 50 50

Economic freedom comparison by year

Egypt
Jamaica
1x
Year Economic freedom index
Egypt Jamaica
2026 50.3 68.2
2025 50.9 68.7
2024 49.7 68.1
2023 49.6 68.1
2022 49.1 67.4
2021 55.7 69
2020 54 68.5
2019 52.5 68.6
2018 53.4 69.1
2017 52.6 69.5
2016 56 67.5
2015 55.2 67.7
2014 52.9 66.7
2013 54.8 66.8
2012 57.9 65.1
2011 59.1 65.7
2010 59 65.5
2009 58 65.2
2008 58.5 65.7
2007 54.4 65.5
2006 53.2 66.4
2005 55.8 67
2004 55.5 66.7
2003 55.3 67
2002 54.1 61.7
2001 51.5 63.7
2000 51.7 65.5
1999 58 64.7
1998 55.8 67.1
1997 54.5 67.7
1996 52 66.7
1995 45.7 64.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Egypt is 50.3, ranking 160/197, compared to 68.2 for Jamaica, ranking 48/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Egypt Jamaica
Services, % of GDP
47.3%
2025
59.8%
2025
Industry, % of GDP
32.1%
2025
16.3%
2025
Agriculture, forestry, and fishing, % of GDP
16.6%
2025
8.74%
2025
GNI, Atlas method
$386B
2025
$22.1B
2025
GNI per capita, PPP
$19,330
2025
$13,090
2025
Total reserves including gold
$48.9B
2025
$6.3B
2025
Total reserves ranking
49/177
2025
92/177
2025
Net foreign direct investment
-$14.8B
2025
-$304M
2024
Net inflows of foreign direct investment
$46.6B
2024
$305M
2024
Net outflows of foreign direct investment
$508M
2024
$1.07M
2024
Servicing debt to the IMF, % of GNI
8.86%
2024
11.3%
2024
Poverty at national poverty lines
33.5%
2021
8.2%
2023
Gross capital formation, % of GDP
12.9%
2025
22.6%
2019

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2021–2025, retrieved 2026-07-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1990–1998, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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.