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Unemployment Rate Evolution in Egypt from 1990 to 2022

Unemployment Rate Evolution in Egypt from 1990 to 2022

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TGM StatBox. (2024). Unemployment Rate Evolution in Egypt from 1990 to 2022. TGM StatBox.
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Key Takeaways

Egypt’s unemployment trends reveal the impact of political and economic shifts. In the early 1990s, Egypt maintained a relatively high unemployment rate, hovering around 8–11%, which persisted through various structural adjustments. Following the 2011 revolution, unemployment spiked to 13.2% in 2013 as political instability impacted the economy. This high rate continued through 2016, marking Egypt’s struggles in achieving sustained economic growth.

Post-2016, as Egypt undertook economic reforms under the International Monetary Fund (IMF), unemployment gradually decreased. By 2019, it reached 7.9%, its lowest level since the 1990s. While the COVID-19 pandemic caused a temporary rise to 8%, Egypt quickly recovered, with unemployment standing at 7.3% in 2022, reflecting ongoing improvements and economic resilience.

For a deeper dive into the topic, explore Egypt’s agriculture share in GDP, Egypt’s net lending/borrowing balance, Egypt’s mortality trend.

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