Egypt

EGY orthographic

We offer a data-driven country report for Egypt that explores inter alia population, international trading relationships, energy consumption, GDP growth, current account balances, and R&D investment. Additionally, CFI quotes from the Big Mac Index (courtesy of The Economist) which gives a rough idea of purchasing power parity. Other authoritative sources include The United Nations Conference on Trade and Development, The World Bank, and The International Money Fund. Visit us regularly for updates and new sources of key economic information on Egypt.

Its population in 2018 was 99,375,741 [1]

In 2015, 5.71% of its total energy
consumption was renewable [2]

In 2021, its GDP grew by 3.33% [2]

In 2021 it had a negative Current
Account Balance of US$bn 18.44 [3]

Its unemployment rate in 2021 was 7.29% [3]

Its Expenditure on R&D (as a percentage of
GDP) in 2020 was 0.96% [2]

A Big Mac will set you back the
local equivalent of US$2.23 [4]



What free trade areas or economic unions is it a member of?

Member of the African Continental Free Trade Area (AfCFTA) since 01/04/2019

Other members:

Benin, Burkina Faso, Cameroon, Chad, Congo, Côte d'Ivoire, Djibouti, Equatorial Guinea, Eswatini, Ethiopia, Gabon, Gambia, Ghana, Guinea, Kenya, Mali, Mauritania, Namibia, Niger, Nigeria, Rwanda, Sao Tome and Principe, Senegal, Sierra Leone, South Africa, Togo, Uganda, Western Sahara, Zimbabwe


What trade deals are there between African Continental Free Trade Area and other countries and economic unions?

None

Member of the Euro-Mediterranean partnership (EuroMed) since 28/11/1995

Other members:

Algeria, Israel, Jordan, Lebanon, Libya, Morocco, State of Palestine, Syrian Arab Republic, Tunisia, Türkiye


What trade deals are there between Euro-Mediterranean partnership and other countries and economic unions?

None


What trade deals are there with other countries and economic unions?

MERCOSUR - Egypt free trade agreement (from 22/11/2024)

Protocol on Trade Negotiations (from 11/02/1973)

Common Market for Eastern and Southern Africa (from 08/12/1994)

Pan-Arab Free Trade Area (from 01/01/1998)

EU - Egypt Association Agreement (from 01/06/2004)

Egypt - Türkiye free trade agreement (from 01/03/2007)

Agadir Agreement (from 27/03/2007)

EFTA - Egypt Free Trade Agreement (from 01/08/2007)

EAEU - Egypt Free Trade Agreement (from 05/10/2015)

UK - Egypt Association Agreement (from 01/01/2021)

Solar Industry in the MENA Region: Sunny Prospects

A trend towards generating electricity from solar power is on the horizon for the countries of

IMF Mission to Egypt: Improvement in Targeting of Energy Subsidies

A staff mission from the International Monetary Fund visited Cairo during April 2-15. At the conclusion,
Read more

Big Crowds Witnessed at Cityscape Egypt

CAIRO – Cityscape Egypt has once again delivered a strong turnout of serious home buyers and

Arab Countries In Transition: Where are they Heading?

By Masood Ahmed Director of the IMF’s Middle East and Central Asia Department “You can tell
Read more

European Commission: Helping SMEs Seize Global Opportunities

The priority for Europe now is to overcome the crisis boosting competitiveness and growth. Fast growing

Balancing Act in Tunisia

In 2011, popular protests in Tunisia rid the country of Zine al-Abidine Ben Ali and towards
Read more

IMF | Gulf Cooperation Council: Economic Prospects and Policy Challenges for the GCC Countries

Executive Summary The already sluggish global recovery has suffered new setbacks and uncertainty weighs heavily on

Dr. Nawal El Saadawi – An Honourable Life

Like so many of our other heroes, Dr Saadawi has seen the inside of a prison
Read more

Confidence in Dubai Returns as Region’s Largest Real Estate Event Reports Strong Growth

Dubai, UAE, 19 June 2012: Cityscape Global, the Middle East’s largest and most influential international real

MIGA (World Bank): During the Storm – Shift from North to South FDI

By Manabu Nose and Moritz Zander[1] At MIGA (the Multilateral Investment Guarantee Agency) we see the
Read more

Trade with the United Kingdom

Source: UK Office for National Statistics, October 2022.

Contains public sector information licensed under the Open Government Licence v3.0.