The USD/EGP exchange rate rose to 49.0900 on July 23, 2025, up 0.04% from the previous session. Over the past month, the Egyptian Pound has strengthened 1.92%, but it's down by 1.66% over the last 12 months. Egyptian Pound - values, historical data, forecasts and news - updated on July of 2025.

In 2022, one U.S. dollar could buy 19.16 Egyptian pounds. The official exchange rate generally increased in the observed period, with the Egyptian currency losing value gradually. Between 2016 and 2017, the currency faced a severe devaluation settling at 17.78 Egyptian pounds per dollar.

As of the end of 2021, the National Bank of Egypt reported a net profit amounting to around **** billion Egyptian pounds (*** billion U.S. dollars). The value of the bank's net profit increased significantly compared to 2020 when it stood at approximately ** billion Egyptian pounds (*** million U.S. dollars). The National Bank of Egypt is one of the leading financial institutions in Africa.

Egypt Banks Loans: excl CBE: Annual: NG: Foreign Currency: US: HD: Non Profit Foreign Organizations data was reported at 52.000 EGP mn in 2017. This records a decrease from the previous number of 239.899 EGP mn for 2016. Egypt Banks Loans: excl CBE: Annual: NG: Foreign Currency: US: HD: Non Profit Foreign Organizations data is updated yearly, averaging 6.500 EGP mn from Jun 2000 (Median) to 2017, with 18 observations. The data reached an all-time high of 264.164 EGP mn in 2015 and a record low of 0.000 EGP mn in 2010. Egypt Banks Loans: excl CBE: Annual: NG: Foreign Currency: US: HD: Non Profit Foreign Organizations data remains active status in CEIC and is reported by Central Bank of Egypt. The data is categorized under Global Database’s Egypt – Table EG.KB006: Banks Loans: exclude Central Bank of Egypt.

Egypt Banks Loans: excl CBE: NG: Foreign Currency: US: HD: Non Profit Foreign Organizations data was reported at 88.259 EGP mn in Mar 2018. This records an increase from the previous number of 0.106 EGP mn for Feb 2018. Egypt Banks Loans: excl CBE: NG: Foreign Currency: US: HD: Non Profit Foreign Organizations data is updated monthly, averaging 50.000 EGP mn from Nov 2003 (Median) to Mar 2018, with 173 observations. The data reached an all-time high of 390.338 EGP mn in Nov 2016 and a record low of 0.000 EGP mn in Jul 2010. Egypt Banks Loans: excl CBE: NG: Foreign Currency: US: HD: Non Profit Foreign Organizations data remains active status in CEIC and is reported by Central Bank of Egypt. The data is categorized under Global Database’s Egypt – Table EG.KB006: Banks Loans: exclude Central Bank of Egypt.

Egypt Banks Credit Facilities: excl CBE: NG: Foreign Currency: US: HD: Local Non Profit Organizations data was reported at 88.259 EGP mn in Mar 2018. This records an increase from the previous number of 0.106 EGP mn for Feb 2018. Egypt Banks Credit Facilities: excl CBE: NG: Foreign Currency: US: HD: Local Non Profit Organizations data is updated monthly, averaging 50.000 EGP mn from Nov 2003 (Median) to Mar 2018, with 173 observations. The data reached an all-time high of 390.000 EGP mn in Nov 2016 and a record low of 0.000 EGP mn in Jul 2010. Egypt Banks Credit Facilities: excl CBE: NG: Foreign Currency: US: HD: Local Non Profit Organizations data remains active status in CEIC and is reported by Central Bank of Egypt. The data is categorized under Global Database’s Egypt – Table EG.KB007: Banks Credit Facilities: exclude Central Bank of Egypt.

The gross profit of Telecom Egypt with headquarters in Egypt amounted to **** billion Egyptian pounds in 2023. The reported fiscal year ends on December 31.Compared to the earliest depicted value from 2019 this is a total increase by approximately **** billion Egyptian pounds. The trend from 2019 to 2023 shows, furthermore, that this increase happened continuously.

The benchmark interest rate in Egypt was last recorded at 24 percent. This dataset provides - Egypt Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Minimum Wages in Egypt increased to 7000 EGP/Month in 2025 from 6000 EGP/Month in 2024. This dataset provides - Egypt Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Abstract

SYPE 2014 IS A HARMONIZED-PANEL DATA SET WITH SYPE 2009

The five years that have passed since the Population Council's Survey of Young People in Egypt of 2009 (SYPE 2009) have proved to be a tumultuous period for the country. The year 2011 marked a historic year for Egyptian youth, as young people from around the country took an active role in the January 25 revolution. Through their activism in early 2011, Egypt's young revolutionaries gained a platform to denounce their social and political marginalization, and demand their rights to freedom, justice, equality, and opportunity.

This unprecedented voice for Egypt's youth pointed a national spotlight on many of the challenges that were found in the 2009 SYPE, including an educational system unresponsive to youth needs, difficult employment conditions, low civic and political engagement, and a social environment that denies youth access to essential information about their transition to adulthood.

Since 2011, Egypt has undergone several political fluctuations and changes of power, with civil unrest and continued protests marking many events during the transition. Furthermore, the past four years have proven costly to Egypt's economic well-being and the labor market. Post-revolutionary political instability has resulted in the widespread divestment of foreign-owned firms, the declining value of the Egyptian pound, and a looming debt crisis the Egyptian state is still struggling to avoid. The tumultuous climate has resulted in an enormous drop in revenues for particular economic sectors, such as tourism. Moreover, the return of large numbers of migrants from Libya and other countries in the region affected by the “Arab Spring” has also negatively affected the Egyptian labor market.

This post-revolutionary economic stagnation is expected to have resulted in a steady deterioration of job quality and increasing employment informality, in the context of labor market conditions that were already difficult for young entrants. Such economic challenges could not come at a worse time for Egypt's youth.

Like other countries in the region, Egypt is currently experiencing a demographic “youth bulge,” meaning that the population of young people is significantly larger than other age groups. Although more highly educated than previous generations, this population of young people has struggled to achieve economic stability. Even prior to the 2011 uprisings, Egypt's youth constituted an estimated 90% of the country's unemployed.

It is therefore vital to question how Egypt's youth are now faring in a significantly more unfavorable economic climate, and whether they are able to access the professional opportunities needed to work toward economic independence and complete key life transitions such as getting married and starting a family. At the same time, the transitional period may have opened up new opportunities to youth in other areas of life, most notably deeper engagement with media, politics, and civic life. Such questions regarding youth employment and civic participation in the current tumultuous era, along with potential changes in the institutions and decisions that shape the transition to adulthood, such as health and access to health care, quality of education, migration, marriage, and youth attitudes and life outlooks, are what this report seeks to better understand.

The 2009 Survey of Young People in Egypt (SYPE) was fielded in May 2009 and collected data on several key areas of interest to youth, including education, employment, migration, health, family formation, social issues, and civic and political participation. In order to observe how young people have been faring during the transition period in Egypt in comparison to 2009, the Population Council designed the second wave of SYPE in 2014, which re-interviewed the same sample of young people who were interviewed in 2009. This yields a panel data set that spans the periods before and after the January 25, 2011 revolution, and that is nationally representative for both time periods.

The data collected for SYPE 2009 was harmonized, by the Economic Research Forum (ERF) Data Team, with SYPE 2014 to produce a comparable and harmonized version of the data set to facilitate cross-temporal research.

Geographic coverage

The SYPE sample is nationally representative, covering all governorates in Egypt, including the five Frontier governorates. The SYPE sample is considered to be an innovative design, because it allows for a priori inclusion of slum areas within the urban sample.

Analysis unit

1- Households. 2- Youth aged (13-35) years.

Universe

The survey covered a national sample of households and selected youth aged 13-35.

Kind of data

Sample survey data [ssd]

Sampling procedure

SYPE 2014 IS A HARMONIZED-PANEL DATA SET WITH SYPE 2009

----> Survey design and implementation SYPE 2009 targeted young people aged 10-29, thus encompassing both "youth" and "adolescents. The SYPE team chose this age range in order to track young people throughout the complete duration of their transition to adulthood, allowing for an extended period to account for the phenomenon of delayed marriage and, in some cases, delayed transitions to productive work. The SYPE 2014 survey built a panel dataset by going back to re-interview the same sample of young people (now aged 13-35) interviewed in SYPE 2009 in all governorates of Egypt.

----> Survey sample A brief explanation of the sampling design for the previous wave of SYPE is essential for understanding the 2014 SYPE sampling. SYPE 2009 is a uniquely comprehensive survey in that it is nationally representative, covering all the governorates in Egypt including the five frontier governorates, and was specifically designed for a priori inclusion of informal urban areas, also known as slums (or ashwaiyyat in Arabic). The Frontier Governorates and informal areas are often not covered in largescale surveys. The sample is designed so that the data are not only nationally representative, but also representative of Egypt's six major administrative regions: the Urban Governorates, rural Upper Egypt, urban Upper Egypt, rural Lower Egypt, urban Lower Egypt, and the Frontier Governorates.

The 2009 SYPE sample is a stratified, multi-stage cluster sample. Sampling was determined using primary sampling units (PSUs) drawn from the master sample provided by the Central Agency for Public Mobilization and Statistics (CAPMAS), which was based on the 2006 national census. SYPE 2009 consisted of 455 PSUs, with 239 PSUs in rural areas and 216 PSUs in urban areas. Rural PSUs were divided equally between large and small villages, in order to accurately represent the diversity of rural demographics and account for peri-urbanization.

Informal settlements were selected from a list developed by the Information and Decision Support Center of the Egyptian Cabinet of Ministers (IDSC). The 2009 SYPE data collection and processing were conducted in collaboration with the IDSC.

Out of the 11,372 households selected from the CAPMAS master sample for the 2009 SYPE sample, 20,200 young people were eligible to participate, and the Kish grid technique was used to draw a sample of 16,061 subjects from this pool of potential participants.

In total, 15,029 of the sampled 16,061 young people were interviewed, with attrition primarily being due to the individual's refusal to participate or unavailability during data collection periods.

SYPE 2014 sampled the same young people who were part of the original sample of 15,029 individuals surveyed in 2009. Of the 15,029 young people interviewed in 2009, data collectors managed to completely interview 10,916 (72.6%) aged 13-35 for the SYPE 2014 study (A few respondents reported being below age 14 at the time of the 2014 SYPE interview. These cases were left as is and included in the analysis, after carefully checking their exact age.) Every effort was made to track down the current contact information of households and/or eligible young people who had changed their location since the 2009 interview. During the SYPE 2014 data collection phase, a household was not interviewed (i.e., the household questionnaire was not filled out) if the eligible young person could not be located either in the original or in a split household.

Weights based on the probability of non-response were constructed to adjust the sample of the 2014 SYPE for attrition (Very few cases were reported as missing due to migration or death of an eligible young person. These cases were assigned to the "household not found" or "individual not found" categories. However, it is suspected that some of the households that were unable to be tracked in 2014 may also have been missing due to the migration or death of household members).

The harmonized sample includes the 10,916 individuals re-interviewed in 2014.

** For information on the 2009 SYPE sample, See the English report of SYPE 2009 available among the external resources in the Survey of Young People in Egypt 2009 study on the ERF data portal.

Sampling deviation

Attrition was mainly due to family refusal to participate (9%) as well as the relocation of respondents (14%) who could not be tracked in 2014, 60% of the interviewed individuals were still in their original 2009 households, while 12.6% were found in split households (A split household is defined in this 2014 SYPE panel as a household that was formed due to the move of at least one eligible young person out of his/her original 2009 household to form a new household after the 2009 interview).

Mode of data collection

Face-to-face

The gross profit of Eastern Company with headquarters in Egypt amounted to 9.21 billion Egyptian pounds in 2024. The reported fiscal year ends on June 30.Compared to the earliest depicted value from 2020 this is a total increase by approximately 3.45 billion Egyptian pounds. The trend from 2020 to 2024 shows, furthermore, that this increase happened continuously.

In 2018, around ** percent of the gross domestic expenditure on research and development (GERD) was conducted by higher education institutions, which amounted to **** billion Egyptian pounds (comparable to *** billion U.S. dollars). Moreover, the government followed with a share of roughly ** percent of the GERD in the country. Private non-profit institutions spent ** million Egyptian pounds (***** thousand U.S. dollars), equal to a mere share of **** percent.

As of March 2025, the monthly revenue of the Suez Canal in Egypt reached **** billion Egyptian pounds (close to ****** million U.S. dollars). This represented an increase from the **** billion Egyptian pounds (around ****** million U.S. dollars) generated in the prior month. It is worth noting that since March 2022, the Egyptian currency value has dropped significantly and, therefore, can be linked to the increase in revenues of the canal around the same period. That month, the exchange rate of one U.S. dollar was equal to almost **** Egyptian pounds, while by March 2025, one U.S. dollar was equal to around ** Egyptian pounds. As of November 2023, the revenue of the Suez Canal dropped once again as a result of the Houthi blockade of the Red Sea.

Egypt's main stock market index, the EGX 30, rose to 34125 points on July 23, 2025, gaining 0.95% from the previous session. Over the past month, the index has climbed 4.68% and is up 17.31% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks this benchmark index from Egypt. Egypt Stock Market (EGX30) - values, historical data, forecasts and news - updated on July of 2025.

As of August 1, 2023, one U.S. dollar could buy 21,021.7 Sierra Leonean leones (SLL), the highest exchange rate among the African currencies. Furthermore, one U.S. dollar corresponded to 758.9 Nigerian naira (NGN), 30.85 Egyptian pounds (EGP), 18.03 South African rand (ZAR), and 9.86 Moroccan dirhams (MAD) as of the same date.

Exchange rates and inflation: a case study of West African countries

Exchange rates can affect a country's inflation rate and the purchasing power of its currency. If a country's currency depreciates significantly, it can lead to higher inflation as the cost of imported goods and services increases. Indeed, the inflation rate in Sierra Leone increased steeply over the past two years. The IMF further estimates that inflation will continue to rise before falling again. This high inflation and other factors also led to the depreciation of the SLL. Furthermore, a regional perspective showed that Nigeria and Liberia faced similar high inflation rates.

Businesses' strategies for tackling inflation

Unfavorable exchange rates negatively impact countries' economies. It does this in various ways, including limiting businesses' ability to grow. Issues such as inflation affect purchasing power and businesses' investment decisions. In 2023, a survey revealed that a substantial number of micro, small, and medium enterprises (MSMEs) employed various measures to offset the impact of inflation. Approximately 36 percent of these businesses tapped into their personal savings to bolster their operations, while another 32 percent opted to scale down their business activities.

As of the FY 2023, the Egyptian e-payment platform Fawry reported a revenue of over **** billion Egyptian pounds (close to ***** million U.S. dollars). Compared to the previous year, this was an increase of approximately **** percent from nearly **** billion Egyptian pounds (around ***** million U.S. dollars). Furthermore, in the fourth quarter of 2023, Fawry's quarterly revenues amounted to some ***** million Egyptian pounds (around ***** million U.S. dollars). Fawry for Banking Technology and Electronic Payments S.A.E was established in 2008, and is one of the biggest digital finance solutions and e-payments providers in the country.