Industrial Production in Egypt
Over the past decade until 2022, Egypt's economy recorded an average industrial production growth rate of 1.5%, in line with the 1.5% average of the Middle East & North Africa region. In 2022, industrial production growth was at 6.9%. For more industry information, visit our dedicated page.
Egypt Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Egypt from 2014 to 2023.
Source: Macrobond.
Egypt Industry Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | 1.7 | -10.1 | 9.3 | 6.9 | 0.9 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Egyptian industry projections for the next ten years from a panel of 4 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Egyptian industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Egyptian industry projections.
Want to get access to the full dataset of Egyptian industry forecasts? Send an email to info@focus-economics.com.