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Egypt, officially the Arab Republic of Egypt, is a country spanning the northeast corner of Africa and southwest corner of Asia by a land bridge formed by the Sinai Peninsula. Egypt is a Mediterranean country bordered by the Gaza Strip and Israel to the northeast, the Gulf of Aqaba to the east, the Red Sea to the east and south, Sudan to the south, and Libya to the west. Across the Gulf of Aqaba lies Jordan, across the Red Sea lies Saudi Arabia, and across the Mediterranean lie Greece, Turkey and Cyprus, although none share a land border with Egypt.

Egypt, officially the Arab Republic of Egypt, is a country spanning the northeast corner of Africa and southwest corner of Asia by a land bridge formed by the Sinai Peninsula. Egypt is a Mediterranean country bordered by the Gaza Strip and Israel to the northeast, the Gulf of Aqaba to the east, the Red Sea to the east and south, Sudan to the south, and Libya to the west. Across the Gulf of Aqaba lies Jordan, across the Red Sea lies Saudi Arabia, and across the Mediterranean lie Greece, Turkey and Cyprus, although none share a land border with Egypt. Egypt, officially the Arab Republic of Egypt, is a country spanning the northeast corner of Africa and southwest corner of Asia by a land bridge formed by the Sinai Peninsula. Egypt is a Mediterranean country bordered by the Gaza Strip and Israel to the northeast, the Gulf of Aqaba to the east, the Red Sea to the east and south, Sudan to the south, and Libya to the west. Across the Gulf of Aqaba lies Jordan, across the Red Sea lies Saudi Arabia, and across the Mediterranean lie Greece, Turkey and Cyprus, although none share a land border with Egypt. Egypt, officially the Arab Republic of Egypt, is a country spanning the northeast corner of Africa and southwest corner of Asia by a land bridge formed by the Sinai Peninsula. Egypt is a Mediterranean country bordered by the Gaza Strip and Israel to the northeast, the Gulf of Aqaba to the east, the Red Sea to the east and south, Sudan to the south, and Libya to the west. Across the Gulf of Aqaba lies Jordan, across the Red Sea lies Saudi Arabia, and across the Mediterranean lie Greece, Turkey and Cyprus, although none share a land border with Egypt.

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At a Glance

Population in thousands (2017): 97,553.15
GDP per capita (current US$) 2017 - World Average 10,721.61: 2412.73
Account (%) age 15+) - (2014 vs 2017): 14% | 33%
Agriculture Orientation Index - Credit ( Agriculture, Forestry and Fisheries share of GDP) (2015 vs 2016): 0.10 | 0.09
Financial Inclusion Strategies: n/a
Domestic credit provided by financial sector (% of GDP) 2017: 99.05
Made or received digital payments in the past year (% age 15+) (2014 vs 2017): 8% | 23%
Remittances % of GDP for 2017: 0.055
Mortgage Interest Rate / Mortgage Term (years): 6% | 20

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Latest News & Events

May 31, 2019 | Ecofin Agency
Egypt Central Bank is planning to increase commercial banks’ minimum capital base from EGP500 million to EGP5 billion.

Latest Publications

May 31, 2018 | A. Silva, M. Khaled, K. Beshay | IFC
Mar 31, 2017 | N. Chehade, A. Navarro, Y. Barnier et al. | CGAP, Arab Monetary Fund
Dec 31, 2016 | H. Attia, H. Engelhardt | GIZ
Dec 31, 2016 | P.G. Arabehety, G. Chen, W. Cook et al. | CGAP