Egypt Q3 GDP Rises to Three-Year High of 4.77%
Egypt's economy shows signs of recovery as Q3 GDP growth reaches 4.77% - the highest level recorded in three years - driven by improved performance in key sectors and ongoing fiscal reforms.
Egypt’s economy grew by 4.77% in the third quarter of the 2024/2025 fiscal year, marking the highest GDP growth rate the country has seen in three years. The announcement came from Minister of Planning Hala El-Said, who credited recent economic reforms and a rebound in key sectors for the acceleration.
The latest figures show a strong recovery compared to the previous quarter, which registered a growth rate of 2.85%. The improvement was supported by robust activity in telecommunications, agriculture, construction, and natural gas sectors. Together, these sectors contributed more than 50% of total growth during the quarter.
El-Said highlighted Egypt's efforts to diversify growth drivers while maintaining social protection measures during a period of global economic uncertainty. According to the ministry, the economy grew by 2.85% in Q2, 2.95% in Q1, and is expected to reach around 3.5% growth overall for the full 2024/2025 fiscal year.
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