Egypt Economic Outlook

  • The economic outlook for 2015 is cautiously optimistic, with the GDP growth rate projected at 3.8% in 2014/15 in the wake of important ongoing reforms and anticipation of parliamentary elections, which is the final stage of the political roadmap.
  • The successful outcome of the March Egypt Economic Development Conference secured over USD 60 billion worth of investments, loan agreements and grants and reinforced the government’s commitment to continue the structural reforms and promote inclusive growth and restore back investor confidence.
  •  Economic activity, policy making and development programmes are concentrated in Cairo and a few major cities, which perpetuates spatial disparities.


Egypt field office

African Development Bank Group
72b, Al-Maahad El-Eshteraky st. 5th floor
Afreximbank Bldg. – Opposite to Marryland Roxy /Heliopolis
Cairo, Egypt

Phone: (202) 22 563 790/1
Fax: (202) 22 563 792

Mrs. Leila Mokaddem, Resident Representative

Department North Africa Region

Director North Africa Region, Mr. Jacob Kolster

African Development Bank Group
Immeuble Zahrabed
Avenue du Dollar, Les Berges Du Lac II, Tunis 1053, Tunisia

Tel: (+216) 71102953
Fax: (+216) 71194523

Did you know

40 percent of the population in Egypt is estimated to live on less than two dollars a day and around 21 percent lives on less than one dollar a day

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Key Facts

Capital: Cairo
Area: 1,001,000 sq km
Total Population 2015: 82.1 Million
Urban Population 2015: 43.81%
Female Population 2015: 49.78%
GDP: US$ 246.4 Billion
GNI Per Capita 2015: US$ 2,980
Inflation Rate: 6.95%
Crude Birth Rate (per 1000): 23.18%
Human Development Index (rank / 187): 112
Human Development Index (scale 0 to 1): 0.662
Membership Date: 14/09/1964
Cumulative Approvals (1967-2015): UA 4.2 Billion

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