Egypt GDP Annual Growth Rate

Egypt's economy expanded by 4.77% in the third quarter of its FY 2024/25, marking the fastest growth in three years, after a 2.2% rise in the same quarter a year ago, preliminary estimates showed. The manufacturing sector was a major driver, bouncing back with 16.3% growth after contracting 3.9% in the previous year’s quarter. Conversely, oil and natural gas extraction contracted further, shrinking by 10.38%. Additionally, activity in the Suez Canal fell by 23.1%, following a 51.6% drop the prior year.