This performance, according to a statement from the Ministry of Planning, Economic Development, and International Cooperation, represents the highest quarterly growth rate recorded by the Egyptian economy in the past three years.
Egypt’s economic growth witnessed a notable rebound in the third quarter of the 2024/2025 fiscal year, reaching 4.7%, up from 2.2% in the same quarter of the previous year.
This performance, according to a statement from the Ministry of Planning, Economic Development, and International Cooperation, represents the highest quarterly growth rate recorded by the Egyptian economy in the past three years.
This strong quarterly performance helped raise the average growth rate for the first nine months of the fiscal year to approximately 4.2%, compared to 2.4% during the same period last year.
The ministry attributed this momentum to significant expansion across several key sectors.
Among the strongest contributors were non-oil manufacturing industries, the tourism sector—reflected in the performance of restaurants and hotels—and the information and communications technology sector, all of which showed continued upward trends.
Despite this overall improvement, the ministry noted that some sectors continued to face challenges.
The Suez Canal and extractive industries remained in decline, slightly weighing down the broader economic performance.
From the expenditure side, economic growth was significantly supported by net exports. According to the ministry, net exports contributed 2.7 percentage points to the total real GDP growth in the third quarter.
This was largely driven by a robust increase in exports of goods and services, which surged by 54.4%.
The rise in exports far outpaced the 18.7% increase in imports, underscoring the strength of Egypt’s external trade performance during the quarter.
