Egypt Household Debt: % of GDP

2002 - 2023 | Quarterly | % | CEIC Data

Key information about Egypt Household Debt: % of GDP

  • Egypt household debt accounted for 8.5 % of the country's Nominal GDP in Mar 2023, compared with the ratio of 8.8 % in the previous quarter.
  • Egypt household debt to GDP ratio is updated quarterly, available from Dec 2002 to Mar 2023.
  • The data reached an all-time high of 8.9 % in Mar 2022 and a record low of 6.0 % in Sep 2018.

CEIC calculates Household Debt as % of Nominal GDP from monthly Household Debt and quarterly Nominal GDP. The Central Bank of Egypt provides Household Debt in local currency. The Ministry of Planning and Economic Development provides Nominal GDP in local currency. Loans are used due to the lack of Flow of Funds statistics.


Related information about Egypt Household Debt: % of GDP

  • In the latest reports, Egypt Household Debt reached 28.2 USD bn in Aug 2023.
  • Money Supply M2 in Egypt increased 24.4 % YoY in Aug 2023.
  • Egypt Foreign Exchange Reserves was measured at 24.9 USD bn in Sep 2023.
  • The Foreign Exchange Reserves equaled 4.4 Months of Import in Apr 2023.
  • Egypt Domestic Credit reached 305.3 USD bn in Aug 2023, representing an increased of 36.2 % YoY.
  • The country's Non Performing Loans Ratio stood at 3.3 % in Jun 2023, compared with the ratio of 3.5 % in the previous quarter.

View Egypt's Household Debt: % of GDP from Dec 2002 to Mar 2023 in the chart:

Egypt Household Debt: % of GDP

What was Egypt's Household Debt: % of GDP in Mar 2023?

Egypt household debt accounted for 8.5 % of the country's Nominal GDP in Mar 2023, compared with the ratio of 8.8 % in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
8.5 Mar 2023 8.8 Dec 2022 6.0 Sep 2018 8.9 Mar 2022 % quarterly Dec 2002 - Mar 2023

Household Debt: % of GDP by Country Comparison

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country/region Last Frequency Range
Albania (%) 11.7 Jun 2023 quarterly Dec 2008 - Jun 2023
Argentina (%) 3.9 Jun 2023 quarterly Dec 2004 - Jun 2023
Armenia (%) 24.3 Jun 2023 quarterly Dec 2000 - Jun 2023
Australia (%) 116.6 Mar 2023 quarterly Jun 1988 - Mar 2023
Austria (%) 46.7 Jun 2023 quarterly Mar 1999 - Jun 2023
Azerbaijan (%) 9.6 Jun 2023 quarterly Mar 2005 - Jun 2023
Belarus (%) 9.2 Jun 2023 quarterly Dec 2006 - Jun 2023
Belgium (%) 60.8 Jun 2023 quarterly Dec 1992 - Jun 2023
Bolivia (%) 11.3 Dec 2022 quarterly Sep 2010 - Dec 2022
Bosnia and Herzegovina (%) 24.4 Jun 2023 quarterly Dec 2008 - Jun 2023
Botswana (%) 19.2 Jun 2023 quarterly Dec 2002 - Jun 2023
Brunei (%) 12.4 Mar 2023 quarterly Dec 2013 - Mar 2023
Bulgaria (%) 27.4 2022 yearly 1995 - 2022
Cambodia (%) 36.0 2022 yearly 2008 - 2022
Canada (%) 102.1 Jun 2023 quarterly Mar 1969 - Jun 2023
Chile (%) 40.3 Jun 2023 quarterly Mar 2009 - Jun 2023
China (%) 63.3 Mar 2023 quarterly Mar 2007 - Mar 2023
Colombia (%) 34.8 Jun 2023 quarterly Dec 2015 - Jun 2023
Croatia (%) 33.1 Dec 2022 quarterly Mar 2012 - Dec 2022
Cyprus (%) 97.5 2021 yearly 1995 - 2021
Czech Republic (%) 37.1 Jun 2023 quarterly Mar 2004 - Jun 2023
Denmark (%) 86.8 2022 yearly 1994 - 2022
Ecuador (%) 16.0 Jun 2023 quarterly Dec 2006 - Jun 2023
Egypt (%) 8.5 Mar 2023 quarterly Dec 2002 - Mar 2023
Estonia (%) 37.8 Jun 2023 quarterly Dec 2003 - Jun 2023
European Union (%) 47.7 Jun 2023 quarterly Sep 1997 - Jun 2023
Finland (%) 74.9 2022 yearly 1995 - 2022
France (%) 75.1 2022 yearly 1977 - 2022
Georgia (%) 36.9 Mar 2023 quarterly Mar 2001 - Mar 2023
Germany (%) 54.3 Mar 2023 quarterly Dec 1991 - Mar 2023
Greece (%) 48.3 Jun 2023 quarterly Dec 1997 - Jun 2023
Hong Kong SAR, China (%) 96.0 Mar 2023 quarterly Mar 1982 - Mar 2023
Hungary (%) 20.6 Jun 2023 quarterly Dec 1995 - Jun 2023
Iceland (%) 75.8 Jun 2023 quarterly Dec 1995 - Jun 2023
India (%) 14.7 2023 yearly 1998 - 2023
Indonesia (%) 9.4 Sep 2023 quarterly Dec 2010 - Sep 2023
Ireland (%) 27.8 Jun 2023 quarterly Mar 2002 - Jun 2023
Israel (%) 43.0 Jun 2023 quarterly Dec 1995 - Jun 2023
Italy (%) 51.1 Jun 2023 quarterly Dec 1995 - Jun 2023
Japan (%) 67.2 Jun 2023 quarterly Dec 1997 - Jun 2023
Jordan (%) 83.4 Jun 2023 quarterly Mar 2002 - Jun 2023
Kazakhstan (%) 14.2 Jun 2023 quarterly Dec 1997 - Jun 2023
South Korea (%) 104.9 Jun 2023 quarterly Dec 2002 - Jun 2023
Kosovo (%) 19.2 Jun 2023 quarterly Dec 2010 - Jun 2023
Kuwait (%) 1.5 Dec 2020 quarterly Dec 2010 - Dec 2020
Kyrgyzstan (%) 7.1 Sep 2023 quarterly Dec 2000 - Sep 2023
Latvia (%) 19.9 Jun 2023 quarterly Mar 2004 - Jun 2023
Lithuania (%) 23.4 Jun 2023 quarterly Dec 1995 - Jun 2023
Luxembourg (%) 69.6 Jun 2023 quarterly Dec 1995 - Jun 2023
Macau SAR, China (%) 138.2 Jun 2023 quarterly Dec 2001 - Jun 2023
North Macedonia (%) 26.5 Jun 2023 quarterly Mar 2003 - Jun 2023
Malawi (%) 0.3 2011 yearly 2006 - 2011
Malaysia (%) 81.0 2022 yearly 2002 - 2022
Malta (%) 43.9 Jun 2023 quarterly Dec 2003 - Jun 2023
Mauritius (%) 20.6 Jun 2018 quarterly Mar 2009 - Jun 2018
Mexico (%) 16.2 Jun 2023 quarterly Dec 2000 - Jun 2023
Mongolia (%) 22.7 Jun 2023 quarterly Mar 2004 - Jun 2023
Montenegro (%) 25.4 Jun 2023 quarterly Dec 2010 - Jun 2023
Morocco (%) 25.3 2022 yearly 2001 - 2022
Netherlands (%) 94.3 Jun 2023 quarterly Mar 1999 - Jun 2023
New Zealand (%) 91.9 Jun 2023 quarterly Dec 1990 - Jun 2023
Norway (%) 85.1 Jun 2023 quarterly Dec 1995 - Jun 2023
Panama (%) 42.6 Sep 2022 quarterly Dec 2007 - Sep 2022
Peru (%) 17.1 Jun 2023 quarterly Mar 2001 - Jun 2023
Philippines (%) 10.1 Jun 2023 quarterly Mar 2009 - Jun 2023
Poland (%) 24.7 Jun 2023 quarterly Dec 2003 - Jun 2023
Portugal (%) 69.4 Jun 2023 quarterly Dec 1999 - Jun 2023
Romania (%) 15.4 Jun 2023 quarterly Mar 2007 - Jun 2023
Russia (%) 20.2 Jun 2023 quarterly Dec 2000 - Jun 2023
Saudi Arabia (%) 11.5 Jun 2023 quarterly Dec 2003 - Jun 2023
Serbia (%) 19.9 Mar 2023 quarterly Dec 2003 - Mar 2023
Singapore (%) 55.7 Jun 2023 quarterly Mar 1995 - Jun 2023
Slovakia (%) 47.9 Jun 2023 quarterly Mar 2004 - Jun 2023
Slovenia (%) 28.1 Jun 2023 quarterly Mar 2004 - Jun 2023
South Africa (%) 40.9 Jun 2023 quarterly Mar 1969 - Jun 2023
Spain (%) 53.6 Jun 2023 quarterly Dec 1989 - Jun 2023
Sri Lanka (%) 7.4 Jun 2023 quarterly Dec 2010 - Jun 2023
Sweden (%) 88.1 Jun 2023 quarterly Mar 1996 - Jun 2023
Switzerland (%) 128.8 2022 yearly 1999 - 2022
Syria (%) 14.6 2011 yearly 2004 - 2011
Taiwan (%) 91.5 2021 yearly 2000 - 2021
Thailand (%) 86.4 Jun 2023 quarterly Mar 2003 - Jun 2023
Tunisia (%) 0.0 2020 yearly 2007 - 2020
Turkey (%) 11.9 Mar 2023 quarterly Dec 2014 - Mar 2023
Ukraine (%) 4.3 Dec 2022 quarterly Dec 2002 - Dec 2022
United Arab Emirates (%) 106.2 2021 yearly 2013 - 2021
United Kingdom (%) 84.7 Jun 2023 quarterly Mar 1987 - Jun 2023
United States (%) 64.1 Sep 2023 quarterly Mar 1999 - Sep 2023
Uruguay (%) 10.5 Jun 2023 quarterly Dec 2005 - Jun 2023
Venezuela (%) 3.4 2017 yearly 2004 - 2017

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Egypt Key Series

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Includes 201 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) -19,919.502 May 2023 monthly Jan 2005 - May 2023
Tax Revenue (USD mn) 34,199.547 May 2023 monthly Jan 2005 - May 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) 5,223.196 2028 yearly 1999 - 2028
Forecast: Government Net Debt (EGP bn) 22,121.296 2028 yearly 1998 - 2028
Forecast: Government Revenue (EGP bn) 4,221.444 2028 yearly 1999 - 2028
Government Budget: ytd: Revenue (EGP mn) 1,501,000.000 Jun 2023 monthly Jan 2005 - Jun 2023
Government Budget: ytd: Cash Deficit (EGP mn) -383,845.000 Aug 2023 monthly Jan 2005 - Aug 2023
Government Budget: ytd: Overall Fiscal Balance (EGP mn) -383,053.000 Aug 2023 monthly Jan 2005 - Aug 2023
Government Budget: ytd: Expenditure (EGP mn) 590,725.000 Aug 2023 monthly Jan 2005 - Aug 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) -3,883.7 Aug 2023 monthly Jan 1957 - Aug 2023
Total Exports (USD mn) 3,358.6 Aug 2023 monthly Jul 1994 - Aug 2023
Total Exports Growth (%) -1.9 Aug 2023 monthly Jul 1995 - Aug 2023
Aluminum: Exports (USD th) 550,243.088 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) 7,242.3 Aug 2023 monthly Jul 1994 - Aug 2023
Total Imports Growth (%) -14.0 Aug 2023 monthly Jul 1995 - Aug 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) 195.900 Aug 2023 monthly Dec 2015 - Aug 2023
Total Imports from USA (USD mn) 363.337 Aug 2023 monthly Dec 2015 - Aug 2023
Total Exports to China (USD mn) 40.673 Aug 2023 monthly Dec 2015 - Aug 2023
Total Imports from China (USD mn) 1,094.060 Aug 2023 monthly Dec 2015 - Aug 2023
Trade Balance: USD (USD mn) -3,883.688 Aug 2023 monthly Jul 1994 - Aug 2023
Exports: National: EGP (EGP mn) 115,578.503 Mar 2023 monthly Jan 1994 - Mar 2023
Imports: EGP (EGP mn) 176,583.806 Mar 2023 monthly Jan 1994 - Mar 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 80.2 Jun 2023 quarterly Mar 1994 - Jun 2023
Current Account Balance (USD mn) 557.0 Jun 2023 quarterly Dec 1993 - Jun 2023
Current Account Balance: % of GDP (%) 1.3 Dec 2022 quarterly Sep 2001 - Dec 2022
Foreign Direct Investment (USD mn) 2,093.2 Jun 2023 quarterly Dec 1993 - Jun 2023
Foreign Direct Investment: % of GDP (%) 2.5 Mar 2023 quarterly Sep 2001 - Mar 2023
Foreign Portfolio Investment (USD mn) -339.300 Jun 2023 quarterly Dec 1993 - Jun 2023
Foreign Portfolio Investment: % of GDP (%) -0.5 Mar 2023 quarterly Sep 2001 - Mar 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -607.2 Sep 2022 quarterly Mar 2011 - Sep 2022
Foreign Portfolio Investment: Debt Securities (USD mn) -614.300 Dec 2022 quarterly Mar 2011 - Dec 2022
External Debt (USD mn) 164,727.6 Jun 2023 quarterly Jun 1997 - Jun 2023
External Debt: % of GDP (%) 40.3 Jun 2023 quarterly Jun 1999 - Jun 2023
External Debt: Short Term (USD mn) 28,150.6 Jun 2023 quarterly Jun 1997 - Jun 2023
External Debt: Short Term: % of GDP (%) 5.6 2022 yearly 1990 - 2022
Forecast: Current Account Balance (USD bn) -15.999 2028 yearly 1980 - 2028
Net International Investment Position (USD mn) -257,538.400 Jun 2023 quarterly Dec 2013 - Jun 2023
BoP: CF: Financial Account (USD mn) 905.700 Jun 2023 quarterly Dec 1993 - Jun 2023
BoP: CF: Financial Account: Direct Investment Abroad (USD mn) -80.200 Jun 2023 quarterly Mar 1994 - Jun 2023
BoP: CA: Transfers (USD mn) 4,615.800 Jun 2023 quarterly Dec 1993 - Jun 2023
BoP: CA: Goods and Services (USD mn) -229.600 Jun 2023 quarterly Dec 1993 - Jun 2023
BoP: CF: Financial Account: Portfolio Investment Abroad (USD mn) -80.300 Jun 2023 quarterly Sep 1997 - Jun 2023
BoP: CF: Capital Account (USD mn) -29.300 Jun 2023 quarterly Mar 2004 - Jun 2023
BoP: CF: Financial Account: Net Portfolio Investment in Egypt (USD mn) -339.300 Jun 2023 quarterly Dec 1993 - Jun 2023
BoP: Net Errors and Omissions (USD mn) -832.900 Jun 2023 quarterly Dec 1993 - Jun 2023
BoP: CA: Goods and Services: Services (USD mn) 7,380.000 Jun 2023 quarterly Dec 1993 - Jun 2023
BoP: CA: Goods and Services: Trade Balance (USD mn) -7,609.600 Jun 2023 quarterly Dec 1993 - Jun 2023
BoP: CF: Financial Account: Other Net Investment (OI) (USD mn) -687.700 Jun 2023 quarterly Dec 1993 - Jun 2023
BoP: Overall Balance (USD mn) 600.500 Jun 2023 quarterly Dec 1993 - Jun 2023
Remittances: Inflow (USD mn) 4,626.300 Jun 2023 quarterly Sep 1999 - Jun 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: Other Countries: China (USD mn) 318.600 Jun 2023 quarterly Dec 2005 - Jun 2023
Foreign Direct Investment: Inflow: Arab Countries: Kuwait (USD mn) 181.100 Jun 2023 quarterly Jun 2001 - 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 Jun 2023 quarterly Mar 2011 - Jun 2023
Household Debt: % of GDP (%) 8.5 Mar 2023 quarterly Dec 2002 - Mar 2023
Money Supply M1 (USD mn) 70,003.189 Sep 2023 monthly Jan 1996 - Sep 2023
Money Supply M2 (USD mn) 276,819.502 Sep 2023 monthly Jan 1996 - Sep 2023
M2 Growth (%) 23.0 Sep 2023 monthly Jan 1997 - Sep 2023
Reserve Requirement Ratio (%) 18.0 Oct 2023 monthly Jan 2012 - Oct 2023
Foreign Exchange Reserves (USD mn) 24,267.6 Oct 2023 monthly Dec 2004 - Oct 2023
Foreign Exchange Reserves: % of GDP (%) 5.620 Mar 2023 quarterly Dec 2004 - Mar 2023
Foreign Exchange Reserves: Months of Import (NA) 4.4 Apr 2023 monthly Dec 2004 - Apr 2023
Gold Reserves (USD mn) 8,098.000 Oct 2023 monthly Dec 1956 - Oct 2023
Total Deposits (USD mn) 310,685.638 Jul 2023 monthly Jun 2004 - Jul 2023
Total Deposits Growth (%) 28.4 Jul 2023 monthly Jun 2005 - Jul 2023
Domestic Credit (USD mn) 310,273.6 Sep 2023 monthly Jan 1996 - Sep 2023
Domestic Credit Growth (%) 35.4 Sep 2023 monthly Jan 1997 - Sep 2023
Household Debt (USD mn) 28,859.2 Sep 2023 monthly Dec 2002 - Sep 2023
Total Loans (USD mn) 159,641.119 Jul 2023 monthly Apr 1996 - Jul 2023
Total Loans Growth (%) 37.12 Jul 2023 monthly Apr 1997 - Jul 2023
Private Debt: % of Nominal GDP (%) 27.47 Mar 2023 quarterly Jun 2002 - Mar 2023
Reserve Money: M0 (EGP mn) 1,585,418.000 Oct 2023 monthly Jan 1996 - Oct 2023
Counterpart Assets: DA: Credit (EGP mn) 9,431,616.000 Aug 2023 monthly Jan 1996 - Aug 2023
Domestic Liquidity: M2 (EGP mn) 8,551,079.000 Sep 2023 monthly Jan 1996 - Sep 2023
Domestic Liquidity: M2: Money Supply (M1) (EGP mn) 2,162,430.000 Sep 2023 monthly Jan 1996 - Sep 2023
Domestic Liquidity: M2: Quasi Money (QM) (EGP mn) 6,388,649.000 Sep 2023 monthly Jan 1996 - Sep 2023
International Reserves: Net (USD mn) 34,970.000 Sep 2023 monthly Jan 1996 - Sep 2023
International Reserves: Gross Official Reserves: Foreign Currency (USD mn) 26,635.000 Oct 2023 monthly Nov 2004 - Oct 2023
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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