Egypt M2 Growth

1997 - 2024 | Monthly | % | CEIC Data

Key information about Egypt M2 Growth

  • Egypt Money Supply M2 increased 16.6 % YoY in Feb 2024, compared with a growth of 16.6 % in the previous month
  • Egypt Money Supply M2 growth data is updated monthly, available from Jan 1997 to Feb 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 24.5 USD bn in Feb 2024
  • The Foreign Exchange Reserves equaled 4.4 Months of Import in Apr 2023
  • Egypt Domestic Credit reached 335.2 USD bn in Feb 2024, representing an increased of 26.3 % YoY
  • The country's Non Performing Loans Ratio stood at 3.0 % in Dec 2023, compared with the ratio of 3.3 % in the previous quarter
  • Household Debt of Egypt reached 31.7 USD bn in Feb 2024, accounting for 7.8 % of the country's Nominal GDP

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

Egypt M2 Growth

What was Egypt's M2 Growth in Feb 2024?

Egypt Money Supply M2 increased 16.6 % YoY in Feb 2024, compared with a growth of 16.6 % in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
16.6 Feb 2024 16.6 Jan 2024 6.7 Dec 2011 41.5 Jan 2017 % monthly Jan 1997 - Feb 2024

M2 Growth by Country Comparison

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Includes M2 Growth on 115 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 4.7 Feb 2024 monthly Dec 1994 - Feb 2024
Algeria (%) 14.5 Dec 2022 monthly Jan 2002 - Dec 2022
Argentina (%) 215.4 Jan 2024 monthly Jan 1991 - Jan 2024
Armenia (%) 20.8 Nov 2023 monthly Jan 2003 - Nov 2023
Australia (%) 5.2 Feb 2024 monthly Mar 1966 - Feb 2024
Austria (%) -0.8 Feb 2024 monthly Sep 1998 - Feb 2024
Azerbaijan (%) 19.7 May 2023 monthly Dec 1996 - May 2023
Bahrain (%) 0.9 Jan 2024 monthly Dec 1975 - Jan 2024
Bangladesh (%) 8.9 Feb 2024 monthly Jun 1987 - Feb 2024
Belarus (%) 33.0 Feb 2024 monthly Dec 1990 - Feb 2024
Belgium (%) -2.6 Feb 2024 monthly Dec 1997 - Feb 2024
Bolivia (%) 7.6 Oct 2023 monthly Dec 1988 - Oct 2023
Bosnia and Herzegovina (%) 8.4 Feb 2024 monthly Aug 1998 - Feb 2024
Botswana (%) 8.6 Nov 2023 monthly Jan 2002 - Nov 2023
Brazil (%) 15.5 Feb 2024 monthly Jan 1971 - Feb 2024
Bulgaria (%) 8.8 Jan 2024 monthly Dec 1996 - Jan 2024
Cambodia (%) 14.9 Feb 2024 monthly Jan 1996 - Feb 2024
Canada (%) 3.5 Jan 2024 monthly Jan 1969 - Jan 2024
Chile (%) 6.2 Mar 2024 monthly Jan 1987 - Mar 2024
China (%) 8.7 Feb 2024 monthly Mar 1997 - Feb 2024
Colombia (%) 6.0 Feb 2024 monthly Dec 1980 - Feb 2024
Croatia (%) 3.2 Feb 2024 monthly Jun 1995 - Feb 2024
Cyprus (%) -5.2 2014 yearly 2006 - 2014
Czech Republic (%) 8.9 Jan 2024 monthly Jan 2003 - Jan 2024
Denmark (%) 3.4 Aug 2017 monthly Jan 1996 - Aug 2017
Ecuador (%) 6.3 Feb 2024 monthly Dec 2007 - Feb 2024
Egypt (%) 16.6 Feb 2024 monthly Jan 1997 - Feb 2024
Estonia (%) 5.8 Feb 2024 monthly Jan 2012 - Feb 2024
European Union (%) -0.7 Feb 2024 monthly Jan 1981 - Feb 2024
Finland (%) -18.4 Feb 2024 monthly Jan 1981 - Feb 2024
France (%) -0.9 Feb 2024 monthly Dec 1978 - Feb 2024
Georgia (%) 29.6 Feb 2024 monthly Oct 1996 - Feb 2024
Germany (%) -0.9 Feb 2024 monthly Jan 1970 - Feb 2024
Ghana (%) 37.2 Dec 2023 quarterly Mar 1991 - Dec 2023
Greece (%) 1.3 Feb 2024 monthly Jan 2002 - Feb 2024
Hong Kong SAR, China (%) 4.0 Feb 2024 monthly Dec 1981 - Feb 2024
Hungary (%) 1.6 Feb 2024 monthly Jan 1999 - Feb 2024
Iceland (%) 10.0 Feb 2024 monthly Sep 1987 - Feb 2024
India (%) 6.5 Jan 2024 monthly Mar 1995 - Jan 2024
Indonesia (%) 5.3 Feb 2024 monthly Feb 1969 - Feb 2024
Iran (%) 25.4 Jan 2024 monthly Dec 2000 - Jan 2024
Ireland (%) 2.3 Feb 2024 monthly Jan 2000 - Feb 2024
Israel (%) -5.8 Nov 2023 monthly Apr 1982 - Nov 2023
Italy (%) -2.2 Jan 2024 monthly Dec 1975 - Jan 2024
Ivory Coast (%) 2.0 Jan 2024 monthly Jan 2005 - Jan 2024
Japan (%) 2.5 Mar 2024 monthly Jan 1968 - Mar 2024
Jordan (%) 3.9 Feb 2024 monthly Jan 1991 - Feb 2024
Kazakhstan (%) 18.8 Feb 2024 monthly Dec 1994 - Feb 2024
Kenya (%) 24.3 Dec 2023 monthly Dec 1996 - Dec 2023
South Korea (%) 3.8 Jan 2024 monthly Jan 1971 - Jan 2024
Kosovo (%) 11.7 2022 yearly 2002 - 2022
Kuwait (%) -0.6 Jan 2024 monthly Jan 1995 - Jan 2024
Kyrgyzstan (%) 11.4 Dec 2023 monthly Jan 1995 - Dec 2023
Laos (%) 33.3 Dec 2023 quarterly Dec 2000 - Dec 2023
Latvia (%) 4.0 Jan 2024 monthly Jan 2015 - Jan 2024
Lebanon (%) -5.5 Nov 2023 monthly Dec 1980 - Nov 2023
Lithuania (%) 2.6 Feb 2024 monthly Dec 1994 - Feb 2024
Luxembourg (%) -8.3 Jan 2024 monthly Jan 2000 - Jan 2024
Macau SAR, China (%) 4.1 Feb 2024 monthly Jun 1985 - Feb 2024
North Macedonia (%) 6.3 Feb 2024 monthly Jan 2004 - Feb 2024
Malawi (%) 36.0 Jun 2023 monthly Jan 1976 - Jun 2023
Malaysia (%) 5.6 Feb 2024 monthly Dec 1970 - Feb 2024
Malta (%) 4.8 Feb 2024 monthly Jan 2009 - Feb 2024
Mauritius (%) 6.6 Feb 2024 monthly Jul 1977 - Feb 2024
Mexico (%) 12.5 Feb 2024 monthly Dec 1986 - Feb 2024
Moldova (%) 19.5 Feb 2024 monthly Jan 2001 - Feb 2024
Mongolia (%) 24.3 Feb 2024 monthly Dec 1997 - Feb 2024
Montenegro (%) 22.9 2022 yearly 2003 - 2022
Morocco (%) 6.7 Feb 2024 monthly Jan 1986 - Feb 2024
Mozambique (%) 4.4 Jan 2024 monthly Dec 2002 - Jan 2024
Myanmar (%) 10.9 Jun 2023 quarterly Dec 2002 - Jun 2023
Nepal (%) 14.0 Mar 2024 monthly Jan 2002 - Mar 2024
Netherlands (%) -2.3 Feb 2024 monthly Dec 1957 - Feb 2024
New Zealand (%) 3.3 Feb 2024 monthly Mar 1989 - Feb 2024
Nigeria (%) 77.6 Feb 2024 monthly Nov 1993 - Feb 2024
Norway (%) -0.9 Feb 2024 monthly Dec 1993 - Feb 2024
Oman (%) 14.0 Jan 2024 monthly Jan 2000 - Jan 2024
Pakistan (%) 15.3 Feb 2024 monthly Jan 1989 - Feb 2024
Palestinian Territory (%) 6.3 Feb 2024 monthly Jul 2003 - Feb 2024
Panama (%) 3.9 Dec 2023 monthly Dec 2003 - Dec 2023
Paraguay (%) 12.2 Feb 2024 monthly Dec 1989 - Feb 2024
Peru (%) 2.3 Feb 2024 monthly Jan 1993 - Feb 2024
Philippines (%) 6.5 Jan 2024 monthly Dec 1989 - Jan 2024
Poland (%) 7.4 Feb 2024 monthly Dec 1997 - Feb 2024
Portugal (%) 2.8 Feb 2024 monthly Dec 1980 - Feb 2024
Qatar (%) 6.5 Feb 2024 monthly Jan 1983 - Feb 2024
Romania (%) 10.7 Feb 2024 monthly Dec 2002 - Feb 2024
Russia (%) 18.4 Feb 2024 monthly Dec 1992 - Feb 2024
Saudi Arabia (%) 10.5 Feb 2024 monthly Jan 1994 - Feb 2024
Serbia (%) 15.2 Feb 2024 monthly Aug 2002 - Feb 2024
Singapore (%) 2.9 Feb 2024 monthly Mar 2005 - Feb 2024
Slovakia (%) 3.7 Feb 2024 monthly Dec 2001 - Feb 2024
Slovenia (%) 4.3 Feb 2024 monthly Jan 2008 - Feb 2024
South Africa (%) 5.6 Feb 2024 monthly Mar 1966 - Feb 2024
Spain (%) -0.2 Dec 2023 monthly Jan 1963 - Dec 2023
Sri Lanka (%) 8.9 Jan 2024 monthly Jan 1995 - Jan 2024
Sudan (%) 43.9 Feb 2023 monthly Dec 2004 - Feb 2023
Sweden (%) -1.5 Feb 2024 monthly Jan 1999 - Feb 2024
Switzerland (%) -10.4 Jun 2023 monthly Dec 1985 - Jun 2023

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Egypt Key Series

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Includes 204 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) -29,074.911 Feb 2024 monthly Jan 2005 - Feb 2024
Tax Revenue (USD mn) 28,878.084 Feb 2024 monthly Jan 2005 - Feb 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) 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) 1,086,142.000 Feb 2024 monthly Jan 2005 - Feb 2024
Government Budget: ytd: Expenditure (EGP mn) 1,749,784.000 Jan 2024 monthly Jan 2005 - Jan 2024
Government Budget: ytd: Cash Deficit (EGP mn) -907,552.000 Feb 2024 monthly Jan 2005 - Feb 2024
Government Budget: ytd: Overall Fiscal Balance (EGP mn) -898,124.000 Feb 2024 monthly Jan 2005 - Feb 2024
Government Budget: ytd: Financing (EGP mn) 484,798.000 Jun 2022 quarterly Jun 2005 - Jun 2022
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) -2,724.0 Feb 2024 monthly Jan 1957 - Feb 2024
Total Exports (USD mn) 3,356.0 Feb 2024 monthly Jul 1994 - Feb 2024
Total Exports Growth (%) -2.3 Feb 2024 monthly Jul 1995 - Feb 2024
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) 6,080.0 Feb 2024 monthly Jul 1994 - Feb 2024
Total Imports Growth (%) 9.7 Feb 2024 monthly Jul 1995 - Feb 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) 202.357 Jan 2024 monthly Dec 2015 - Jan 2024
Total Imports from USA (USD mn) 363.049 Jan 2024 monthly Dec 2015 - Jan 2024
Total Exports to China (USD mn) 71.454 Jan 2024 monthly Dec 2015 - Jan 2024
Total Imports from China (USD mn) 737.697 Jan 2024 monthly Dec 2015 - Jan 2024
Trade Balance: USD (USD mn) -2,724.000 Feb 2024 monthly Jul 1994 - Feb 2024
Exports: National: EGP (EGP mn) 91,019.000 Sep 2023 monthly Jan 1994 - Sep 2023
Imports: EGP (EGP mn) 188,052.000 Sep 2023 monthly Jan 1994 - Sep 2023
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 113.8 Dec 2023 quarterly Mar 1994 - Dec 2023
Current Account Balance (USD mn) -6,825.4 Dec 2023 quarterly Dec 1993 - Dec 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 (%) 2.9 Dec 2023 quarterly Sep 2001 - Dec 2023
Foreign Portfolio Investment (USD mn) 776.200 Dec 2023 quarterly Dec 1993 - Dec 2023
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) 168,034.0 Dec 2023 quarterly Jun 1997 - Dec 2023
External Debt: % of GDP (%) 40.5 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) -265,217.000 Dec 2023 quarterly Dec 2013 - Dec 2023
BoP: CF: Financial Account: Direct Investment Abroad (USD mn) -112.800 Sep 2023 quarterly Mar 1994 - Sep 2023
BoP: CF: Financial Account (USD mn) 6,621.700 Dec 2023 quarterly Dec 1993 - Dec 2023
BoP: CA: Transfers (USD mn) 4,908.600 Dec 2023 quarterly Dec 1993 - Dec 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) -27.400 Dec 2023 quarterly Mar 2004 - Dec 2023
BoP: Net Errors and Omissions (USD mn) -407.300 Dec 2023 quarterly Dec 1993 - Dec 2023
BoP: CA: Goods and Services: Trade Balance (USD mn) -7,944.600 Sep 2023 quarterly Dec 1993 - Sep 2023
BoP: CF: Financial Account: Net Portfolio Investment in Egypt (USD mn) -523.400 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
BoP: CA: Goods and Services: Services (USD mn) 5,199.700 Sep 2023 quarterly Dec 1993 - Sep 2023
BoP: Overall Balance (USD mn) -638.400 Dec 2023 quarterly Dec 1993 - Dec 2023
Remittances: Inflow (USD mn) 4,931.800 Dec 2023 quarterly Sep 1999 - Dec 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: 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: Inflow: United States of America (USD mn) 568.800 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 (%) 3.0 Dec 2023 quarterly Mar 2011 - Dec 2023
Household Debt: % of GDP (%) 7.8 Dec 2023 quarterly Dec 2002 - Dec 2023
Money Supply M1 (USD mn) 81,870.864 Feb 2024 monthly Jan 1996 - Feb 2024
Money Supply M2 (USD mn) 295,399.385 Feb 2024 monthly Jan 1996 - Feb 2024
M2 Growth (%) 16.6 Feb 2024 monthly Jan 1997 - Feb 2024
Reserve Requirement Ratio (%) 18.0 Mar 2024 monthly Jan 2012 - Mar 2024
Foreign Exchange Reserves (USD mn) 28,824.1 Mar 2024 monthly Dec 2004 - Mar 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) 9,003.000 Mar 2024 monthly Dec 1956 - Mar 2024
Total Deposits (USD mn) 328,175.720 Dec 2023 monthly Jun 2004 - Dec 2023
Total Deposits Growth (%) 18.4 Dec 2023 monthly Jun 2005 - Dec 2023
Domestic Credit (USD mn) 335,228.7 Feb 2024 monthly Jan 1996 - Feb 2024
Domestic Credit Growth (%) 26.3 Feb 2024 monthly Jan 1997 - Feb 2024
Household Debt (USD mn) 31,664.7 Feb 2024 monthly Dec 2002 - Feb 2024
Total Loans (USD mn) 167,679.483 Oct 2023 monthly Apr 1996 - Oct 2023
Total Loans Growth (%) 32.75 Oct 2023 monthly Apr 1997 - Oct 2023
Private Debt: % of Nominal GDP (%) 25.46 Sep 2023 quarterly Jun 2002 - Sep 2023
Reserve Money: M0 (EGP mn) 1,652,731.000 Jan 2024 monthly Jan 1996 - Jan 2024
Counterpart Assets: DA: Credit (EGP mn) 10,355,214.000 Feb 2024 monthly Jan 1996 - Feb 2024
Domestic Liquidity: M2 (EGP mn) 9,124,887.000 Feb 2024 monthly Jan 1996 - Feb 2024
Domestic Liquidity: M2: Money Supply (M1) (EGP mn) 2,528,991.000 Feb 2024 monthly Jan 1996 - Feb 2024
Domestic Liquidity: M2: Quasi Money (QM) (EGP mn) 6,595,896.000 Feb 2024 monthly Jan 1996 - Feb 2024
International Reserves: Net (USD mn) 40,361.000 Mar 2024 monthly Jan 1996 - Mar 2024
International Reserves: Gross Official Reserves: Foreign Currency (USD mn) 31,313.000 Mar 2024 monthly Nov 2004 - Mar 2024
Banks Deposits: excl Central Bank of Egypt (CBE) (EGP mn) 9,885,614.000 Oct 2023 monthly Apr 1996 - Oct 2023

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