Egypt Domestic Credit Growth

1997 - 2023 | Monthly | % | CEIC Data

Key information about Egypt Domestic Credit Growth

  • Egypt Domestic Credit increased 32.6 % YoY in Dec 2023, compared with an increase of 33.6 % YoY in the previous month
  • Egypt Domestic Credit Growth YoY data is updated monthly
  • It averaged 15.8 %, available from Jan 1997 to Dec 2023
  • The data reached an all-time high of 42.9 % in Jan 2017 and a record low of 3.7 % in Jan 2018

CEIC calculates Domestic Credit Growth from monthly Domestic Credit. The Central Bank of Egypt provides Domestic Credit in local currency.


Further information about Egypt Domestic Credit Growth

  • In the latest reports, Egypt Domestic Credit reached 326.9 USD bn in Dec 2023
  • Money Supply M2 in Egypt increased to 287.4 USD bn YoY in Dec 2023
  • Egypt Foreign Exchange Reserves was measured at 24.3 USD bn in Dec 2023
  • The Foreign Exchange Reserves equaled 4.4 Months of Import in Apr 2023
  • The country's Non Performing Loans Ratio stood at 3.3 % in Sep 2023, compared with the ratio of 3.3 % in the previous quarter
  • Household Debt of Egypt reached 8.2 % in Jun 2023, accounting for 8.2 % of the country's Nominal GDP

View Egypt's Domestic Credit Growth from Jan 1997 to Dec 2023 in the chart:

Egypt Domestic Credit Growth

What was Egypt's Domestic Credit Growth in Dec 2023?

Egypt Domestic Credit increased 32.6 % YoY in Dec 2023, compared with an increase of 33.6 % YoY in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
32.6 Dec 2023 33.6 Nov 2023 3.7 Jan 2018 42.9 Jan 2017 % monthly Jan 1997 - Dec 2023

Domestic Credit Growth by Country Comparison

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Includes Domestic Credit Growth on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 1.2 Nov 2023 monthly Dec 2003 - Nov 2023
Algeria (%) 1.3 Nov 2023 monthly Dec 2002 - Nov 2023
Argentina (%) 164.4 Aug 2023 monthly Jan 1991 - Aug 2023
Armenia (%) 16.1 Nov 2023 monthly Dec 1994 - Nov 2023
Australia (%) 1.5 Nov 2023 monthly Dec 2002 - Nov 2023
Austria (%) -0.3 Nov 2023 monthly Jan 2000 - Nov 2023
Azerbaijan (%) 7.6 Nov 2023 monthly Dec 2002 - Nov 2023
Bahrain (%) 4.7 Dec 2023 monthly Sep 1992 - Dec 2023
Bangladesh (%) 12.2 Nov 2023 monthly Jul 1988 - Nov 2023
Belarus (%) 15.2 Dec 2023 monthly Dec 2007 - Dec 2023
Belgium (%) 0.4 Nov 2023 monthly Jan 2000 - Nov 2023
Bolivia (%) 5.0 Aug 2023 monthly Dec 2002 - Aug 2023
Bosnia and Herzegovina (%) 10.5 Dec 2023 monthly Aug 1998 - Dec 2023
Botswana (%) 8.6 Sep 2023 quarterly Dec 2005 - Sep 2023
Brazil (%) 12.7 Dec 2023 monthly Dec 2002 - Dec 2023
Brunei (%) 34.6 Nov 2023 monthly Jan 2000 - Nov 2023
Bulgaria (%) 14.4 Dec 2023 monthly Dec 1994 - Dec 2023
Cambodia (%) 4.1 Dec 2023 monthly Dec 1995 - Dec 2023
Canada (%) 3.0 Nov 2023 monthly Jan 1970 - Nov 2023
Chile (%) 2.9 Nov 2023 monthly Dec 1979 - Nov 2023
China (%) 10.5 Dec 2023 monthly Jun 2000 - Dec 2023
Colombia (%) 6.4 Sep 2023 monthly Jan 1994 - Sep 2023
Croatia (%) 5.9 Dec 2022 monthly Jun 1995 - Dec 2022
Cyprus (%) -6.0 Dec 2023 monthly Nov 2006 - Dec 2023
Czech Republic (%) 10.3 Dec 2023 monthly Jan 2003 - Dec 2023
Denmark (%) -3.5 Nov 2023 monthly Dec 2002 - Nov 2023
Ecuador (%) 10.5 Dec 2023 monthly Jan 2007 - Dec 2023
Egypt (%) 32.6 Dec 2023 monthly Jan 1997 - Dec 2023
Estonia (%) 12.2 Nov 2023 monthly Jun 1993 - Nov 2023
European Union (%) 0.4 Nov 2023 monthly Sep 1998 - Nov 2023
Finland (%) -2.4 Nov 2023 monthly Jan 2000 - Nov 2023
France (%) 1.4 Nov 2023 monthly Jan 2000 - Nov 2023
Georgia (%) 16.5 Dec 2023 monthly Oct 1996 - Dec 2023
Germany (%) -2.1 Dec 2023 monthly Jan 2000 - Dec 2023
Ghana (%) -7.3 Nov 2023 monthly Jan 1968 - Nov 2023
Greece (%) 3.1 Nov 2023 monthly Jan 2002 - Nov 2023
Hong Kong SAR, China (%) -0.9 Sep 2023 monthly Dec 1991 - Sep 2023
Hungary (%) 1.5 Dec 2023 monthly Jan 1999 - Dec 2023
Iceland (%) 4.4 Dec 2023 monthly Sep 1994 - Dec 2023
India (%) 13.5 Nov 2023 monthly Mar 2000 - Nov 2023
Indonesia (%) 8.8 Jan 2024 monthly Jan 2005 - Jan 2024
Iran (%) 25.8 Feb 2017 monthly Jan 1965 - Feb 2017
Ireland (%) -3.7 Nov 2023 monthly Jan 2000 - Nov 2023
Israel (%) 3.9 Nov 2023 monthly Dec 2000 - Nov 2023
Italy (%) -4.4 Nov 2023 monthly Jan 2000 - Nov 2023
Ivory Coast (%) 12.5 Dec 2023 monthly Jan 1965 - Dec 2023
Japan (%) 3.5 Nov 2023 monthly Apr 2004 - Nov 2023
Jordan (%) 4.8 Nov 2023 monthly Jan 2003 - Nov 2023
Kazakhstan (%) 21.8 Dec 2023 monthly Dec 2002 - Dec 2023
Kenya (%) 13.5 Oct 2023 monthly Dec 1996 - Oct 2023
South Korea (%) 5.1 Dec 2023 monthly Dec 2002 - Dec 2023
Kosovo (%) 12.1 Dec 2023 monthly Nov 2008 - Dec 2023
Kuwait (%) 1.2 Nov 2023 monthly Jan 1995 - Nov 2023
Kyrgyzstan (%) 22.4 Dec 2023 monthly Dec 2003 - Dec 2023
Laos (%) 24.1 Sep 2023 quarterly Dec 1992 - Sep 2023
Latvia (%) 0.7 Nov 2023 monthly Jul 2004 - Nov 2023
Lebanon (%) 2.2 Jan 2018 monthly Mar 1966 - Jan 2018
Lithuania (%) -0.6 Nov 2023 monthly Dec 1994 - Nov 2023
Luxembourg (%) -5.1 Nov 2023 monthly Jan 2000 - Nov 2023
Macau SAR, China (%) 3.6 Dec 2023 monthly Jun 1985 - Dec 2023
North Macedonia (%) 5.9 Dec 2023 monthly Jan 2004 - Dec 2023
Malawi (%) 34.9 Nov 2023 monthly Jan 1976 - Nov 2023
Malaysia (%) 6.0 Nov 2023 monthly Jan 1988 - Nov 2023
Malta (%) 5.6 Dec 2023 monthly Jan 2009 - Dec 2023
Mauritius (%) 10.3 Nov 2023 monthly Jun 2006 - Nov 2023
Mexico (%) 12.1 Nov 2023 monthly Dec 2002 - Nov 2023
Moldova (%) 7.1 Dec 2023 monthly Jan 2001 - Dec 2023
Mongolia (%) 13.5 Dec 2023 monthly Dec 1993 - Dec 2023
Montenegro (%) 7.4 Dec 2023 monthly Jan 2006 - Dec 2023
Morocco (%) 3.5 Dec 2023 monthly Dec 2002 - Dec 2023
Mozambique (%) 24.0 Nov 2023 monthly Dec 2002 - Nov 2023
Myanmar (%) 16.4 Jan 2021 monthly Dec 2002 - Jan 2021
Nepal (%) 8.5 Dec 2023 monthly Jan 2002 - Dec 2023
Netherlands (%) 3.1 Nov 2023 monthly Dec 2002 - Nov 2023
New Zealand (%) 1.3 Dec 2023 monthly Mar 1989 - Dec 2023
Nigeria (%) 44.9 Dec 2023 monthly Nov 1993 - Dec 2023
Norway (%) 3.5 Dec 2023 monthly Dec 1986 - Dec 2023
Oman (%) 5.7 Nov 2023 monthly Dec 2000 - Nov 2023
Pakistan (%) 19.5 Dec 2023 monthly Jun 2009 - Dec 2023
Palestinian Territory (%) 8.2 Dec 2023 monthly Dec 1999 - Dec 2023
Panama (%) 3.4 Nov 2023 monthly Dec 2002 - Nov 2023
Paraguay (%) 13.6 Dec 2023 monthly Dec 2002 - Dec 2023
Peru (%) 8.4 Nov 2023 monthly Jan 1993 - Nov 2023
Philippines (%) 9.6 Nov 2023 monthly Dec 2002 - Nov 2023
Poland (%) 4.5 Dec 2023 monthly Dec 1997 - Dec 2023
Portugal (%) 0.3 Aug 2019 monthly Dec 2001 - Aug 2019
Qatar (%) 3.9 Dec 2023 monthly Jan 2008 - Dec 2023
Romania (%) 8.3 Dec 2023 monthly Dec 2005 - Dec 2023
Russia (%) 27.6 Nov 2023 monthly Dec 2001 - Nov 2023
Saudi Arabia (%) 21.6 Dec 2017 quarterly Mar 1969 - Dec 2017
Serbia (%) -5.7 Dec 2023 monthly Dec 2004 - Dec 2023
Singapore (%) -3.0 Dec 2023 monthly Mar 2005 - Dec 2023
Slovakia (%) 3.9 Nov 2023 monthly Jan 2007 - Nov 2023
Slovenia (%) -3.2 Nov 2023 monthly Jan 2005 - Nov 2023
South Africa (%) 8.5 Dec 2023 monthly Mar 1966 - Dec 2023
Spain (%) -3.8 Nov 2023 monthly Jan 2000 - Nov 2023
Sri Lanka (%) -90.1 Dec 2023 monthly Jan 1997 - Dec 2023
Sudan (%) 82.5 Dec 2022 quarterly Mar 2003 - Dec 2022
Sweden (%) -2.2 Nov 2023 monthly Dec 2002 - Nov 2023
Switzerland (%) 1.8 Dec 2023 monthly Dec 1988 - Dec 2023

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Egypt Key Series

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Includes 203 key indicators for Egypt, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance (USD mn) -20,852.942 Dec 2023 monthly Jan 2005 - Dec 2023
Tax Revenue (USD mn) 21,434.530 Dec 2023 monthly Jan 2005 - Dec 2023
Tax Revenue: % of GDP (%) 5.3 2022 yearly 2005 - 2022
National Government Debt (USD mn) 316,592.2 Jun 2020 quarterly Jun 2006 - Jun 2020
Government Debt: % of GDP (%) 68.6 Jun 2020 quarterly Jun 2006 - Jun 2020
Forecast: Government Expenditure (EGP bn) 7,851.790 2028 yearly 1999 - 2028
Forecast: Government Net Debt (EGP bn) 22,121.300 2028 yearly 1998 - 2028
Forecast: Government Revenue (EGP bn) 5,582.910 2028 yearly 1999 - 2028
Government Budget: ytd: Revenue (EGP mn) 810,590.000 Dec 2023 monthly Jan 2005 - Dec 2023
Government Budget: ytd: Cash Deficit (EGP mn) -651,395.000 Dec 2023 monthly Jan 2005 - Dec 2023
Government Budget: ytd: Overall Fiscal Balance (EGP mn) -644,138.000 Dec 2023 monthly Jan 2005 - Dec 2023
Government Budget: ytd: Expenditure (EGP mn) 1,461,985.000 Dec 2023 monthly Jan 2005 - Dec 2023
Government Budget: ytd: Financing (EGP mn) 484,798.000 Jun 2022 quarterly Jun 2005 - Jun 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.419 2028 yearly 1980 - 2028
Trade Balance (USD mn) -3,068.0 Nov 2023 monthly Jan 1957 - Nov 2023
Total Exports (USD mn) 3,476.0 Dec 2023 monthly Jul 1994 - Dec 2023
Total Exports Growth (%) -15.2 Nov 2023 monthly Jul 1995 - Nov 2023
Aluminum: Exports (USD th) 549,982.176 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 274,989.359 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 69,318.411 2022 yearly 1995 - 2022
Total Imports (USD mn) 6,508.0 Dec 2023 monthly Jul 1994 - Dec 2023
Total Imports Growth (%) 6.5 Dec 2023 monthly Jul 1995 - Dec 2023
Imports: Medicament (USD th) 2,425,187.296 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 876,034.340 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 129.844 Oct 2023 monthly Dec 2015 - Oct 2023
Total Imports from USA (USD mn) 385.136 Oct 2023 monthly Dec 2015 - Oct 2023
Total Exports to China (USD mn) 73.261 Oct 2023 monthly Dec 2015 - Oct 2023
Total Imports from China (USD mn) 969.474 Oct 2023 monthly Dec 2015 - Oct 2023
Trade Balance: USD (USD mn) -3,068.000 Nov 2023 monthly Jul 1994 - Nov 2023
Imports: EGP (EGP mn) 188,052.000 Sep 2023 monthly Jan 1994 - Sep 2023
Exports: National: EGP (EGP mn) 91,019.000 Sep 2023 monthly Jan 1994 - Sep 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 112.8 Sep 2023 quarterly Mar 1994 - Sep 2023
Current Account Balance (USD mn) -2,807.0 Sep 2023 quarterly Dec 1993 - Sep 2023
Current Account Balance: % of GDP (%) 1.3 Dec 2022 quarterly Sep 2001 - Dec 2022
Foreign Direct Investment (USD mn) 2,321.7 Sep 2023 quarterly Dec 1993 - Sep 2023
Foreign Direct Investment: % of GDP (%) 2.5 Jun 2023 quarterly Sep 2001 - Jun 2023
Foreign Portfolio Investment (USD mn) -523.400 Sep 2023 quarterly Dec 1993 - Sep 2023
Foreign Portfolio Investment: % of GDP (%) -0.4 Jun 2023 quarterly Sep 2001 - Jun 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -77.9 Jun 2023 quarterly Mar 2011 - Jun 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -261.400 Jun 2023 quarterly Mar 2011 - Jun 2023
External Debt (USD mn) 164,521.6 Sep 2023 quarterly Jun 1997 - Sep 2023
External Debt: % of GDP (%) 40.3 Jun 2023 quarterly Jun 1999 - Jun 2023
External Debt: Short Term (USD mn) 30,268.7 Sep 2023 quarterly Jun 1997 - Sep 2023
External Debt: Short Term: % of GDP (%) 7.1 2023 yearly 1990 - 2023
Forecast: Current Account Balance (USD bn) -15.999 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -259,260.200 Sep 2023 quarterly Dec 2013 - Sep 2023
BoP: CF: Financial Account (USD mn) 1,767.600 Sep 2023 quarterly Dec 1993 - Sep 2023
BoP: CF: Financial Account: Direct Investment Abroad (USD mn) -112.800 Sep 2023 quarterly Mar 1994 - Sep 2023
BoP: CA: Transfers (USD mn) 4,523.200 Sep 2023 quarterly Dec 1993 - Sep 2023
BoP: CA: Goods and Services (USD mn) -2,744.900 Sep 2023 quarterly Dec 1993 - Sep 2023
BoP: CF: Financial Account: Portfolio Investment Abroad (USD mn) -54.900 Sep 2023 quarterly Sep 1997 - Sep 2023
BoP: CF: Capital Account (USD mn) 1.600 Sep 2023 quarterly Mar 2004 - Sep 2023
BoP: CF: Financial Account: Net Portfolio Investment in Egypt (USD mn) -523.400 Sep 2023 quarterly Dec 1993 - Sep 2023
BoP: Net Errors and Omissions (USD mn) 1,266.600 Sep 2023 quarterly Dec 1993 - Sep 2023
BoP: CA: Goods and Services: Services (USD mn) 5,199.700 Sep 2023 quarterly Dec 1993 - Sep 2023
BoP: CA: Goods and Services: Trade Balance (USD mn) -7,944.600 Sep 2023 quarterly Dec 1993 - Sep 2023
BoP: Overall Balance (USD mn) 228.800 Sep 2023 quarterly Dec 1993 - Sep 2023
BoP: CF: Financial Account: Other Net Investment (OI) (USD mn) 137.000 Sep 2023 quarterly Dec 1993 - Sep 2023
Remittances: Inflow (USD mn) 4,516.300 Sep 2023 quarterly Sep 1999 - Sep 2023
Foreign Direct Investment: Inflow: European Union (EU) (USD mn) 1,602.300 Jun 2023 quarterly Jun 2001 - Jun 2023
Foreign Direct Investment: Inflow: Arab Countries: Saudi Arabia (USD mn) 114.700 Jun 2023 quarterly Jun 2001 - Jun 2023
Foreign Direct Investment: Inflow: United States of America (USD mn) 568.800 Jun 2023 quarterly Jun 2001 - Jun 2023
Foreign Direct Investment: Inflow: Arab Countries: Kuwait (USD mn) 181.100 Jun 2023 quarterly Jun 2001 - Jun 2023
Foreign Direct Investment: Inflow: Other Countries: China (USD mn) 318.600 Jun 2023 quarterly Dec 2005 - Jun 2023
Foreign Direct Investment: Net: United States of America (USD mn) 141.300 Jun 2023 quarterly Sep 2021 - Jun 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.3 Sep 2023 quarterly Mar 2011 - Sep 2023
Household Debt: % of GDP (%) 8.2 Jun 2023 quarterly Dec 2002 - Jun 2023
Money Supply M1 (USD mn) 76,728.941 Dec 2023 monthly Jan 1996 - Dec 2023
Money Supply M2 (USD mn) 287,393.784 Dec 2023 monthly Jan 1996 - Dec 2023
M2 Growth (%) 19.9 Dec 2023 monthly Jan 1997 - Dec 2023
Reserve Requirement Ratio (%) 18.0 Jan 2024 monthly Jan 2012 - Jan 2024
Foreign Exchange Reserves (USD mn) 24,075.4 Jan 2024 monthly Dec 2004 - Jan 2024
Foreign Exchange Reserves: % of GDP (%) 6.068 Jun 2023 quarterly Dec 2004 - Jun 2023
Foreign Exchange Reserves: Months of Import (NA) 4.4 Apr 2023 monthly Dec 2004 - Apr 2023
Gold Reserves (USD mn) 8,337.000 Jan 2024 monthly Dec 1956 - Jan 2024
Total Deposits (USD mn) 319,301.567 Oct 2023 monthly Jun 2004 - Oct 2023
Total Deposits Growth (%) 28.4 Jul 2023 monthly Jun 2005 - Jul 2023
Domestic Credit (USD mn) 326,866.1 Dec 2023 monthly Jan 1996 - Dec 2023
Domestic Credit Growth (%) 32.6 Dec 2023 monthly Jan 1997 - Dec 2023
Household Debt (USD mn) 30,435.5 Dec 2023 monthly Dec 2002 - Dec 2023
Total Loans (USD mn) 159,641.119 Jul 2023 monthly Apr 1996 - Jul 2023
Total Loans Growth (%) 32.75 Oct 2023 monthly Apr 1997 - Oct 2023
Private Debt: % of Nominal GDP (%) 26.75 Jun 2023 quarterly Jun 2002 - Jun 2023
Reserve Money: M0 (EGP mn) 1,689,435.000 Dec 2023 monthly Jan 1996 - Dec 2023
Counterpart Assets: DA: Credit (EGP mn) 10,096,894.000 Dec 2023 monthly Jan 1996 - Dec 2023
Domestic Liquidity: M2 (EGP mn) 8,877,594.000 Dec 2023 monthly Jan 1996 - Dec 2023
Domestic Liquidity: M2: Money Supply (M1) (EGP mn) 2,370,157.000 Dec 2023 monthly Jan 1996 - Dec 2023
Domestic Liquidity: M2: Quasi Money (QM) (EGP mn) 6,507,437.000 Dec 2023 monthly Jan 1996 - Dec 2023
International Reserves: Net (USD mn) 35,250.000 Jan 2024 monthly Jan 1996 - Jan 2024
International Reserves: Gross Official Reserves: Foreign Currency (USD mn) 26,547.000 Jan 2024 monthly Nov 2004 - Jan 2024
Banks Deposits: excl Central Bank of Egypt (CBE) (EGP mn) 9,619,329.271 Jul 2023 monthly Apr 1996 - Jul 2023

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