Egypt GDP Growth Rate by Year (1961-2023)
Egypt's GDP growth has undergone notable shifts influenced by domestic and global dynamics. The 1960s showcased peaks like 11.5% in 1964, followed by setbacks linked to the Six-Day War in 1967, resulting in -1.6% in 1968. Economic liberalization in the 1970s spurred rapid growth, with a striking 13.3% in 1976. The economy stabilized, yet global downturns and regional challenges maintained volatility.
The 2000s brought steady progress, averaging around 7% before the global recession. Post-2011 revolution, growth rates dipped significantly but rebounded, supported by reforms. Despite the pandemic slowing growth to 3.6% in 2020, recovery ensued, peaking at 6.6% in 2022, before easing to 3.8% in 2023, amid ongoing economic reform measures.
Find out more through related statistics on Egypt’s agriculture share in GDP, Egypt’s population figures, Egypt’s annual GDP.
