Discount Rate, Percent per annum in Egypt
Egypt: Discount Rate, Percent per annum was 27.75 in 2024. ▲ Rising
Discount Rate, Percent per annum in Egypt, 1964–2024
Source: International Monetary Fund.
Analysis
In 2024, discount rate, percent per annum in Egypt stood at 27.75. That is the highest value across all 61 years on record.
The figure is up 40.5% on the previous year and up 184.6% over ten years.
Over the whole period, discount rate, percent per annum in Egypt peaked at 27.75 in 2024 and was at its lowest, 5, in 1964.
Egypt ranks 3rd of 70 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 61 years of available data.
Discount Rate, Percent per annum in Egypt, year by year
| Year | Value | Change |
|---|---|---|
| 1964 | 5 | — |
| 1965 | 5 | +0.0% |
| 1966 | 5 | +0.0% |
| 1967 | 5 | +0.0% |
| 1968 | 5 | +0.0% |
| 1969 | 5 | +0.0% |
| 1970 | 5 | +0.0% |
| 1971 | 5 | +0.0% |
| 1972 | 5 | +0.0% |
| 1973 | 5 | +0.0% |
| 1974 | 5 | +0.0% |
| 1975 | 5 | +0.0% |
| 1976 | 6 | +20.0% |
| 1977 | 7 | +16.7% |
| 1978 | 8 | +14.3% |
| 1979 | 9 | +12.5% |
| 1980 | 11 | +22.2% |
| 1981 | 12 | +9.1% |
| 1982 | 13 | +8.3% |
| 1983 | 13 | +0.0% |
| 1984 | 13 | +0.0% |
| 1985 | 13 | +0.0% |
| 1986 | 13 | +0.0% |
| 1987 | 13 | +0.0% |
| 1988 | 13 | +0.0% |
| 1989 | 14 | +7.7% |
| 1990 | 14 | +0.0% |
| 1991 | 20 | +42.9% |
| 1992 | 18.4 | -8.0% |
| 1993 | 16.5 | -10.3% |
| 1994 | 14 | -15.2% |
| 1995 | 13.5 | -3.6% |
| 1996 | 13 | -3.7% |
| 1997 | 12.25 | -5.8% |
| 1998 | 12 | -2.0% |
| 1999 | 12 | +0.0% |
| 2000 | 12 | +0.0% |
| 2001 | 11 | -8.3% |
| 2002 | 10 | -9.1% |
| 2003 | 10 | +0.0% |
| 2004 | 10 | +0.0% |
| 2005 | 10 | +0.0% |
| 2006 | 9 | -10.0% |
| 2007 | 9 | +0.0% |
| 2008 | 11.5 | +27.8% |
| 2009 | 8.5 | -26.1% |
| 2010 | 8.5 | +0.0% |
| 2011 | 9.5 | +11.8% |
| 2012 | 9.5 | +0.0% |
| 2013 | 8.75 | -7.9% |
| 2014 | 9.75 | +11.4% |
| 2015 | 9.75 | +0.0% |
| 2016 | 15.25 | +56.4% |
| 2017 | 19.25 | +26.2% |
| 2018 | 17.25 | -10.4% |
| 2019 | 12.75 | -26.1% |
| 2020 | 8.75 | -31.4% |
| 2021 | 8.75 | +0.0% |
| 2022 | 16.75 | +91.4% |
| 2023 | 19.75 | +17.9% |
| 2024 | 27.75 | +40.5% |
Egypt compared with similar countries
- Egypt's 27.75 is above the median for lower middle income countries, which is 9, 3.1× the median. (21 countries reporting)
- Egypt's 27.75 is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 4.6, 6.0× the median. (9 countries reporting)
Biggest year-on-year movements
Years where Discount Rate, Percent per annum in Egypt changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2022 | +91.4% | 8.75 | 16.75 |
| 2016 | +56.4% | 9.75 | 15.25 |
| 1991 | +42.9% | 14 | 20 |
| 2024 | +40.5% | 19.75 | 27.75 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5 | 5 | 5 | 6 |
| 1970s | 6 | 5 | 9 | 10 |
| 1980s | 12.8 | 11 | 14 | 10 |
| 1990s | 14.57 | 12 | 20 | 10 |
| 2000s | 10.1 | 8.5 | 12 | 10 |
| 2010s | 12.03 | 8.5 | 19.25 | 10 |
| 2020s | 16.35 | 8.75 | 27.75 | 5 |
Countries ranked near Egypt
More financial sector data for Egypt
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 3.16 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0007 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 2.31 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.001 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 3.16 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is discount rate, percent per annum in Egypt?
- Discount rate, percent per annum in Egypt was 27.75 in 2024, according to International Monetary Fund.
- What is the highest discount rate, percent per annum recorded in Egypt?
- The highest recorded value was 27.75 in 2024.
- What is the lowest discount rate, percent per annum recorded in Egypt?
- The lowest recorded value was 5 in 1964.
- How does Egypt rank for discount rate, percent per annum?
- Egypt ranks 3rd out of 70 countries with data for 2024.
- Is discount rate, percent per annum rising or falling in Egypt?
- Over the last ten years it is up 184.6%. The long-run trend across the full record is rising.
- Where does this Egypt data come from?
- The figures come from International Monetary Fund, published as part of Discount Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.