Egypt M2 Growth

1997 - 2024 | Monthly | % | CEIC Data

Key information about Egypt M2 Growth

  • Egypt Money Supply M2 increased 29.2 % YoY in Jul 2024, compared with a growth of 28.7 % in the previous month
  • Egypt Money Supply M2 growth data is updated monthly, available from Jan 1997 to Jul 2024
  • The data reached an all-time high of 41.5 % in Jan 2017 and a record low of 6.7 % in Dec 2011

CEIC calculates M2 Growth Rate from monthly M2. The Central Bank of Egypt provides M2 in local currency.


Further information about Egypt M2 Growth

  • In the latest reports, Egypt Foreign Exchange Reserves was measured at 33.7 USD bn in Jul 2024
  • The Foreign Exchange Reserves equaled 4.4 Months of Import in Apr 2023
  • Egypt Domestic Credit reached 239.2 USD bn in Jul 2024, representing an increased of 26.1 % YoY
  • The country's Non Performing Loans Ratio stood at 2.6 % in Mar 2024, compared with the ratio of 3.0 % in the previous quarter
  • Household Debt of Egypt reached 21.7 USD bn in Jul 2024, accounting for 7.8 % of the country's Nominal GDP

View Egypt's M2 Growth from Jan 1997 to Jul 2024 in the chart:

Egypt M2 Growth

What was Egypt's M2 Growth in Jul 2024?

Egypt Money Supply M2 increased 29.2 % YoY in Jul 2024, compared with a growth of 28.7 % in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
29.2 Jul 2024 28.7 Jun 2024 6.7 Dec 2011 41.5 Jan 2017 % monthly Jan 1997 - Jul 2024

M2 Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 6.3 Jul 2024 monthly Dec 1994 - Jul 2024
Algeria (%) 14.5 Dec 2022 monthly Jan 2002 - Dec 2022
Argentina (%) 218.2 May 2024 monthly Jan 1991 - May 2024
Armenia (%) 17.2 May 2024 monthly Jan 2003 - May 2024
Australia (%) 6.0 Jul 2024 monthly Mar 1966 - Jul 2024
Austria (%) 1.9 Jul 2024 monthly Sep 1998 - Jul 2024
Azerbaijan (%) 19.7 May 2023 monthly Dec 1996 - May 2023
Bahrain (%) 1.7 Jul 2024 monthly Dec 1975 - Jul 2024
Bangladesh (%) 7.4 Apr 2024 monthly Jun 1987 - Apr 2024
Belarus (%) 29.5 Jun 2024 monthly Dec 1990 - Jun 2024
Belgium (%) -0.1 Jul 2024 monthly Dec 1997 - Jul 2024
Bolivia (%) 17.3 Apr 2024 monthly Dec 1988 - Apr 2024
Bosnia and Herzegovina (%) 7.7 Jul 2024 monthly Aug 1998 - Jul 2024
Botswana (%) 16.4 Jun 2024 monthly Jan 2002 - Jun 2024
Brazil (%) 14.8 Jul 2024 monthly Jan 1971 - Jul 2024
Bulgaria (%) 9.3 Jul 2024 monthly Dec 1996 - Jul 2024
Cambodia (%) 14.8 Jun 2024 monthly Jan 1996 - Jun 2024
Canada (%) 6.4 Jun 2024 monthly Jan 1969 - Jun 2024
Chile (%) 7.6 Jul 2024 monthly Jan 1987 - Jul 2024
China (%) 6.3 Jul 2024 monthly Mar 1997 - Jul 2024
Colombia (%) 8.8 Jul 2024 monthly Dec 1980 - Jul 2024
Croatia (%) 4.8 Jul 2024 monthly Jun 1995 - Jul 2024
Cyprus (%) -5.2 2014 yearly 2006 - 2014
Czech Republic (%) 5.9 Jul 2024 monthly Jan 2003 - Jul 2024
Denmark (%) 3.4 Aug 2017 monthly Jan 1996 - Aug 2017
Ecuador (%) 6.7 May 2024 monthly Dec 2007 - May 2024
Egypt (%) 29.2 Jul 2024 monthly Jan 1997 - Jul 2024
Estonia (%) 5.5 Jun 2024 monthly Jan 2012 - Jun 2024
European Union (%) 1.3 Jun 2024 monthly Jan 1981 - Jun 2024
Finland (%) -13.0 Jul 2024 monthly Jan 1981 - Jul 2024
France (%) 0.4 Jul 2024 monthly Dec 1978 - Jul 2024
Georgia (%) 22.4 Jun 2024 monthly Oct 1996 - Jun 2024
Germany (%) 0.8 Jun 2024 monthly Jan 1970 - Jun 2024
Ghana (%) 37.2 Dec 2023 quarterly Mar 1991 - Dec 2023
Greece (%) 1.4 Jun 2024 monthly Jan 2002 - Jun 2024
Hong Kong SAR, China (%) 7.1 Jul 2024 monthly Dec 1981 - Jul 2024
Hungary (%) 8.5 Jun 2024 monthly Jan 1999 - Jun 2024
Iceland (%) 12.9 Jul 2024 monthly Sep 1987 - Jul 2024
India (%) 6.6 Jun 2024 monthly Mar 1995 - Jun 2024
Indonesia (%) 7.4 Jul 2024 monthly Feb 1969 - Jul 2024
Iran (%) 26.8 Jun 2024 monthly Dec 2000 - Jun 2024
Ireland (%) 6.6 Jul 2024 monthly Jan 2000 - Jul 2024
Israel (%) 7.7 May 2024 monthly Apr 1982 - May 2024
Italy (%) 1.7 Jun 2024 monthly Dec 1975 - Jun 2024
Ivory Coast (%) 3.3 Apr 2024 monthly Jan 2005 - Apr 2024
Japan (%) 1.4 Jul 2024 monthly Jan 1968 - Jul 2024
Jordan (%) 5.5 Jul 2024 monthly Jan 1991 - Jul 2024
Kazakhstan (%) 16.6 Jun 2024 monthly Dec 1994 - Jun 2024
Kenya (%) 3.9 Jun 2024 monthly Dec 1996 - Jun 2024
South Korea (%) 5.8 Jun 2024 monthly Jan 1971 - Jun 2024
Kosovo (%) 11.3 2023 yearly 2002 - 2023
Kuwait (%) 1.2 Jun 2024 monthly Jan 1995 - Jun 2024
Kyrgyzstan (%) 25.3 May 2024 monthly Jan 1995 - May 2024
Laos (%) 34.6 Jun 2024 quarterly Dec 2000 - Jun 2024
Latvia (%) 4.1 Jun 2024 monthly Jan 2015 - Jun 2024
Lebanon (%) -17.2 Feb 2024 monthly Dec 1980 - Feb 2024
Lithuania (%) 5.4 Jun 2024 monthly Dec 1994 - Jun 2024
Luxembourg (%) 2.9 Jul 2024 monthly Jan 2000 - Jul 2024
Macau SAR, China (%) 5.3 Jul 2024 monthly Jun 1985 - Jul 2024
North Macedonia (%) 4.6 Jul 2024 monthly Jan 2004 - Jul 2024
Malawi (%) 36.0 Jun 2023 monthly Jan 1976 - Jun 2023
Malaysia (%) 5.3 Jul 2024 monthly Dec 1970 - Jul 2024
Malta (%) 3.7 Jul 2024 monthly Jan 2009 - Jul 2024
Mauritius (%) 11.0 Jun 2024 monthly Jul 1977 - Jun 2024
Mexico (%) 12.1 Jul 2024 monthly Dec 1986 - Jul 2024
Moldova (%) 16.3 Jul 2024 monthly Jan 2001 - Jul 2024
Mongolia (%) 31.9 Jun 2024 monthly Dec 1997 - Jun 2024
Montenegro (%) 12.0 2023 yearly 2003 - 2023
Morocco (%) 7.8 Jul 2024 monthly Jan 1986 - Jul 2024
Mozambique (%) 10.3 Jun 2024 monthly Dec 2002 - Jun 2024
Myanmar (%) 13.3 Sep 2023 quarterly Dec 2002 - Sep 2023
Nepal (%) 13.0 Jul 2024 monthly Jan 2002 - Jul 2024
Netherlands (%) -0.7 Jul 2024 monthly Dec 1957 - Jul 2024
New Zealand (%) 3.2 Jul 2024 monthly Mar 1989 - Jul 2024
Nigeria (%) 62.7 Jul 2024 monthly Nov 1993 - Jul 2024
Norway (%) 3.7 Jul 2024 monthly Dec 1993 - Jul 2024
Oman (%) 12.7 Jun 2024 monthly Jan 2000 - Jun 2024
Pakistan (%) 14.1 Jul 2024 monthly Jan 1989 - Jul 2024
Palestinian Territory (%) 4.4 Jul 2024 monthly Jul 2003 - Jul 2024
Panama (%) 8.0 Jun 2024 monthly Dec 2003 - Jun 2024
Paraguay (%) 9.6 Jul 2024 monthly Dec 1989 - Jul 2024
Peru (%) 9.8 Jul 2024 monthly Jan 1993 - Jul 2024
Philippines (%) 7.8 Jul 2024 monthly Dec 1989 - Jul 2024
Poland (%) 8.5 Jul 2024 monthly Dec 1997 - Jul 2024
Portugal (%) 5.3 May 2024 monthly Dec 1980 - May 2024
Qatar (%) 6.4 Jul 2024 monthly Jan 1983 - Jul 2024
Romania (%) 9.7 Jun 2024 monthly Dec 2002 - Jun 2024
Russia (%) 18.2 Jul 2024 monthly Dec 1992 - Jul 2024
Saudi Arabia (%) 10.2 Jun 2024 monthly Jan 1994 - Jun 2024
Serbia (%) 17.9 Jul 2024 monthly Aug 2002 - Jul 2024
Singapore (%) 4.0 Jul 2024 monthly Mar 2005 - Jul 2024
Slovakia (%) 5.7 Jul 2024 monthly Dec 2001 - Jul 2024
Slovenia (%) 3.8 Apr 2024 monthly Jan 2008 - Apr 2024
South Africa (%) 5.8 Jul 2024 monthly Mar 1966 - Jul 2024
Spain (%) 4.1 Jul 2024 monthly Jan 1963 - Jul 2024
Sri Lanka (%) 10.5 Jun 2024 monthly Jan 1995 - Jun 2024
Sudan (%) 43.9 Feb 2023 monthly Dec 2004 - Feb 2023
Sweden (%) 0.3 Jun 2024 monthly Jan 1999 - Jun 2024
Switzerland (%) -10.4 Jun 2023 monthly Dec 1985 - Jun 2023

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Egypt Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance (USD mn) -10,576.570 Jun 2024 monthly Jan 2005 - Jun 2024
Tax Revenue (USD mn) 30,467.111 May 2024 monthly Jan 2005 - May 2024
Tax Revenue: % of GDP (%) 5.5 2023 yearly 2005 - 2023
National Government Debt (USD mn) 369,695.1 Jun 2022 quarterly Jun 2006 - Jun 2022
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) 19,564.970 2029 yearly 1998 - 2029
Forecast: Government Revenue (EGP bn) 5,582.910 2028 yearly 1999 - 2028
Government Budget: ytd: Cash Deficit (EGP mn) -505,342.000 May 2024 monthly Jan 2005 - May 2024
Government Budget: ytd: Revenue (EGP mn) 2,217,744.000 May 2024 monthly Jan 2005 - May 2024
Government Budget: ytd: Expenditure (EGP mn) 2,723,086.000 May 2024 monthly Jan 2005 - May 2024
Government Budget: ytd: Overall Fiscal Balance (EGP mn) -505,000.000 Jun 2024 monthly Jan 2005 - Jun 2024
Government Budget: ytd: Financing (EGP mn) 455,887.000 Sep 2023 quarterly Jun 2005 - Sep 2023
Gross Domestic Debt (EGP mn) 4,742,107.000 Jun 2020 quarterly Sep 1997 - Jun 2020
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.419 2028 yearly 1980 - 2028
Trade Balance (USD mn) -2,871.0 Jun 2024 monthly Jan 1957 - Jun 2024
Total Exports (USD mn) 3,130.0 Jun 2024 monthly Jul 1994 - Jun 2024
Total Exports Growth (%) 7.5 Jun 2024 monthly Jul 1995 - Jun 2024
Aluminum: Exports (USD th) 577,989.136 2023 yearly 1995 - 2023
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) 6,001.0 Jun 2024 monthly Jul 1994 - Jun 2024
Total Imports Growth (%) 14.7 Jun 2024 monthly Jul 1995 - Jun 2024
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) 184.672 May 2024 monthly Dec 2015 - May 2024
Total Imports from USA (USD mn) 547.077 May 2024 monthly Dec 2015 - May 2024
Total Exports to China (USD mn) 31.975 May 2024 monthly Dec 2015 - May 2024
Total Imports from China (USD mn) 1,100.243 May 2024 monthly Dec 2015 - May 2024
Trade Balance: USD (USD mn) -2,871.000 Jun 2024 monthly Jul 1994 - Jun 2024
Exports: National: EGP (EGP mn) 180,120.000 May 2024 monthly Jan 1994 - May 2024
Imports: EGP (EGP mn) 349,105.000 May 2024 monthly Jan 1994 - May 2024
Export Value Index (2015=100) 204.348 2021 yearly 1980 - 2021
Import Value Index (2015=100) 131.347 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 155.4 Mar 2024 quarterly Mar 1994 - Mar 2024
Current Account Balance (USD mn) -7,463.1 Mar 2024 quarterly Dec 1993 - Mar 2024
Current Account Balance: % of GDP (%) 1.3 Dec 2022 quarterly Sep 2001 - Dec 2022
Foreign Direct Investment (USD mn) 18,182.4 Mar 2024 quarterly Dec 1993 - Mar 2024
Foreign Direct Investment: % of GDP (%) 2.9 Dec 2023 quarterly Sep 2001 - Dec 2023
Foreign Portfolio Investment (USD mn) 14,383.600 Mar 2024 quarterly Dec 1993 - Mar 2024
Foreign Portfolio Investment: % of GDP (%) 0.7 Dec 2023 quarterly Sep 2001 - Dec 2023
Foreign Portfolio Investment: Equity Securities (USD mn) 46.0 Sep 2023 quarterly Mar 2011 - Sep 2023
Foreign Portfolio Investment: Debt Securities (USD mn) -569.400 Sep 2023 quarterly Mar 2011 - Sep 2023
External Debt (USD mn) 160,607.4 Mar 2024 quarterly Jun 1997 - Mar 2024
External Debt: % of GDP (%) 39.8 Mar 2024 quarterly Jun 1999 - Mar 2024
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) -14.101 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -277,422.500 Mar 2024 quarterly Dec 2013 - Mar 2024
BoP: CF: Financial Account (USD mn) 11,719.900 Mar 2024 quarterly Dec 1993 - Mar 2024
BoP: CA: Transfers (USD mn) 5,036.800 Mar 2024 quarterly Dec 1993 - Mar 2024
BoP: CA: Goods and Services (USD mn) -8,040.100 Mar 2024 quarterly Dec 1993 - Mar 2024
BoP: CF: Capital Account (USD mn) -53.800 Mar 2024 quarterly Mar 2004 - Mar 2024
BoP: CF: Financial Account: Portfolio Investment Abroad (USD mn) -8.700 Mar 2024 quarterly Sep 1997 - Mar 2024
BoP: CA: Goods and Services: Trade Balance (USD mn) -10,143.800 Mar 2024 quarterly Dec 1993 - Mar 2024
BoP: Net Errors and Omissions (USD mn) 339.500 Mar 2024 quarterly Dec 1993 - Mar 2024
BoP: CF: Financial Account: Net Portfolio Investment in Egypt (USD mn) 14,383.600 Mar 2024 quarterly Dec 1993 - Mar 2024
BoP: CF: Financial Account: Other Net Investment (OI) (USD mn) -20,682.000 Mar 2024 quarterly Dec 1993 - Mar 2024
BoP: CA: Goods and Services: Services (USD mn) 2,103.700 Mar 2024 quarterly Dec 1993 - Mar 2024
BoP: Overall Balance (USD mn) 4,542.500 Mar 2024 quarterly Dec 1993 - Mar 2024
Remittances: Inflow (USD mn) 5,022.400 Mar 2024 quarterly Sep 1999 - Mar 2024
BoP: CF: Financial Account: Direct Investment Abroad (USD mn) -155.400 Mar 2024 quarterly Mar 1994 - Mar 2024
Foreign Direct Investment: Inflow: European Union (EU) (USD mn) 1,278.300 Dec 2023 quarterly Jun 2001 - Dec 2023
Foreign Direct Investment: Inflow: Arab Countries: Saudi Arabia (USD mn) 235.200 Dec 2023 quarterly Jun 2001 - Dec 2023
Foreign Direct Investment: Inflow: Other Countries: China (USD mn) 226.000 Dec 2023 quarterly Dec 2005 - Dec 2023
Foreign Direct Investment: Inflow: United States of America (USD mn) 712.200 Dec 2023 quarterly Jun 2001 - Dec 2023
Foreign Direct Investment: Inflow: Arab Countries: Kuwait (USD mn) 159.700 Dec 2023 quarterly Jun 2001 - Dec 2023
Foreign Direct Investment: Net: United States of America (USD mn) 425.800 Dec 2023 quarterly Sep 2021 - Dec 2023
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 2.6 Mar 2024 quarterly Mar 2011 - Mar 2024
Household Debt: % of GDP (%) 7.8 Dec 2023 quarterly Dec 2002 - Dec 2023
Money Supply M1 (USD mn) 55,371.989 Jul 2024 monthly Jan 1996 - Jul 2024
Money Supply M2 (USD mn) 222,007.164 Jul 2024 monthly Jan 1996 - Jul 2024
M2 Growth (%) 29.2 Jul 2024 monthly Jan 1997 - Jul 2024
Reserve Requirement Ratio (%) 18.0 Jul 2024 monthly Jan 2012 - Jul 2024
Foreign Exchange Reserves (USD mn) 33,745.9 Jul 2024 monthly Dec 2004 - Jul 2024
Foreign Exchange Reserves: % of GDP (%) 6.219 Dec 2023 quarterly Dec 2004 - Dec 2023
Foreign Exchange Reserves: Months of Import (NA) 4.4 Apr 2023 monthly Dec 2004 - Apr 2023
Gold Reserves (USD mn) 9,883.000 Jul 2024 monthly Dec 1956 - Jul 2024
Total Deposits (USD mn) 241,709.979 Apr 2024 monthly Jun 2004 - Apr 2024
Total Deposits Growth (%) 24.3 Mar 2024 monthly Jun 2005 - Mar 2024
Domestic Credit (USD mn) 239,232.3 Jul 2024 monthly Jan 1996 - Jul 2024
Domestic Credit Growth (%) 26.1 Jul 2024 monthly Jan 1997 - Jul 2024
Household Debt (USD mn) 21,668.6 Jul 2024 monthly Dec 2002 - Jul 2024
Total Loans (USD mn) 145,403.169 Apr 2024 monthly Apr 1996 - Apr 2024
Total Loans Growth (%) 53.96 Apr 2024 monthly Apr 1997 - Apr 2024
Private Debt: % of Nominal GDP (%) 25.46 Sep 2023 quarterly Jun 2002 - Sep 2023
Reserve Money: M0 (EGP mn) 1,965,138.000 Jun 2024 monthly Jan 1996 - Jun 2024
Counterpart Assets: DA: Credit (EGP mn) 11,620,470.000 Jul 2024 monthly Jan 1996 - Jul 2024
Domestic Liquidity: M2 (EGP mn) 10,783,776.000 Jul 2024 monthly Jan 1996 - Jul 2024
Domestic Liquidity: M2: Money Supply (M1) (EGP mn) 2,689,639.000 Jul 2024 monthly Jan 1996 - Jul 2024
Domestic Liquidity: M2: Quasi Money (QM) (EGP mn) 8,094,137.000 Jul 2024 monthly Jan 1996 - Jul 2024
International Reserves: Net (USD mn) 46,489.000 Jul 2024 monthly Jan 1996 - Jul 2024
International Reserves: Gross Official Reserves: Foreign Currency (USD mn) 36,306.000 Jul 2024 monthly Nov 2004 - Jul 2024
Banks Deposits: excl Central Bank of Egypt (CBE) (EGP mn) 11,676,930.000 Apr 2024 monthly Apr 1996 - Apr 2024
Banks Loans: excl Central Bank of Egypt (CBE) (EGP mn) 6,831,756.000 Apr 2024 monthly Nov 2003 - Apr 2024

More Indicators for Egypt

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