GDP
Finance Minister Ahmed Kouchouk said the government is making tangible progress in reducing public budget-sector debt under a disciplined approach, backed by a strong political will.
Inflation is forecast to moderate significantly, declining from 33.3 percent in 2024 to 20.4 percent in 2025 and 11.8 percent in 2026.
This marks the highest quarterly growth rate in three years and helped raise the annual growth rate for FY 2024/2025 to about 4.4 percent.
The report highlights Egypt’s economic resilience amid ongoing global uncertainty and regional tensions.
Strong foreign exchange inflows from portfolio investments and official sectors are bolstering confidence in the Egyptian pound (LE), according to Standard Chartered’s latest report
Looser monetary policy and a slow but steady recovery in the manufacturing sector are also expected to play a key role in supporting the economic upswing
Despite the slight downward revision, the projected 4.7 percent expansion marks a notable improvement from the 3.9 percent growth BMI expects for the current FY2024/2025.
A latest report by the International Monetary Fund (IMF) highlighted the top 10 African countries with the highest Gross Domestic Product (GDP) in 2025.
The revised estimates suggest Egypt’s economy will expand by 2.4 percent this year, followed by growth of 3.8 percent in 2025 and 4.3 percent in 2026.
Egypt's population stood at 107.2 million in January 2025, up from 104.4 million in January 2023.
BNP Paribas also forecasted a significant easing in inflation, which hit 24.1 percent in December 2024, confirming the downward trend that had begun in September of the same year.
According to a statement from the Cabinet released on Tuesday, the Prime Minister also set out important long-term economic targets, including projections for imports and exports.
These developments are expected to bolster activity through the Suez Canal, benefiting Egypt’s trade and logistics sectors
The growth is driven economic reform policies and notable improvement in certain sectors.
Egypt's economy is on a recovery trajectory, it noted, adding that the pace has been slower than anticipated, partly due to regional geopolitical tensions and trade disruptions in the Red Sea.
“The program is moving in the right direction and is gradually achieving its targets, both in terms of growth recovery and gradual decline in inflation, and a normal functioning of the foreign exchange market,” Azour said during a briefing in Dubai.
The minister reiterated the government’s commitment to implementing effective measures to support macroeconomic stability
The forecast was lowered “due to weak manufacturing activity, import restrictions, a downturn in gas extraction operations, and reduced shipping through the Suez Canal”.
According to the release, the Ras El Hekma megaproject is expected to contribute approximately $25 billion annually to Egypt's GDP and create around 750,000 jobs, with projected cumulative investments reaching $110 billion by 2045
The country’s GDP was recorded at LE 2.14 trillion, up from LE 2.09 trillion in FY2022/2023, according to the report
