Interest rate spread (lending rate minus deposit rate, %) in Egypt
Egypt: Interest rate spread (lending rate minus deposit rate, %) was 5.1% in 2024. ▼ Falling
Interest rate spread in Egypt, 1976–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus deposit rate, %.
Analysis
The most recent figure for interest rate spread in Egypt is 5.1%, measured in 2024.
The figure is up 0.5% on the previous year and up 7.1% over ten years.
Over the whole period, interest rate spread in Egypt peaked at 8.3% in 1992 and was at its lowest, 2.0%, in 2021.
Egypt ranks 71st of 141 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 49 years of available data.
Interest rate spread (lending rate minus deposit rate, %) in Egypt, year by year
| Year | lending rate minus deposit rate, % | Change |
|---|---|---|
| 1976 | 5.0% | — |
| 1977 | 4.2% | -16.7% |
| 1978 | 4.3% | +3.0% |
| 1979 | 5.0% | +16.5% |
| 1980 | 5.0% | +0.0% |
| 1981 | 5.0% | +0.0% |
| 1982 | 4.0% | -20.0% |
| 1983 | 4.0% | +0.0% |
| 1984 | 4.0% | +0.0% |
| 1985 | 4.0% | +0.0% |
| 1986 | 4.0% | +0.0% |
| 1987 | 5.3% | +33.3% |
| 1988 | 6.0% | +12.5% |
| 1989 | 6.7% | +11.1% |
| 1990 | 7.0% | +5.0% |
| 1991 | 7.8% | +12.1% |
| 1992 | 8.3% | +6.1% |
| 1993 | 6.3% | -24.4% |
| 1994 | 4.7% | -25.7% |
| 1995 | 5.6% | +18.7% |
| 1996 | 5.0% | -9.2% |
| 1997 | 4.0% | -21.5% |
| 1998 | 3.7% | -7.6% |
| 1999 | 3.7% | +2.6% |
| 2000 | 3.8% | +0.3% |
| 2001 | 3.8% | +2.0% |
| 2002 | 4.5% | +16.3% |
| 2003 | 5.3% | +19.1% |
| 2004 | 5.7% | +6.4% |
| 2005 | 5.9% | +4.7% |
| 2006 | 6.6% | +11.3% |
| 2007 | 6.4% | -2.7% |
| 2008 | 5.7% | -10.4% |
| 2009 | 5.5% | -4.5% |
| 2010 | 4.8% | -12.9% |
| 2011 | 4.3% | -10.1% |
| 2012 | 4.4% | +1.6% |
| 2013 | 4.6% | +5.7% |
| 2014 | 4.8% | +4.0% |
| 2015 | 4.7% | -1.6% |
| 2016 | 5.7% | +21.7% |
| 2017 | 6.1% | +6.0% |
| 2018 | 6.0% | -1.4% |
| 2019 | 5.2% | -13.9% |
| 2020 | 3.6% | -30.6% |
| 2021 | 2.0% | -43.5% |
| 2022 | 2.2% | +6.6% |
| 2023 | 5.1% | +136.7% |
| 2024 | 5.1% | +0.5% |
Egypt compared with similar countries
- Egypt's 5.1% is below the median for lower middle income countries, which is 6.3%, 81% of the median. (37 countries reporting)
- Egypt's 5.1% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.3%, 1.5× the median. (15 countries reporting)
Biggest year-on-year movements
Years where Interest rate spread (lending rate minus deposit rate, %) 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 |
|---|---|---|---|
| 2023 | +136.7% | 2.2% | 5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.6% | 4.2% | 5.0% | 4 |
| 1980s | 4.8% | 4.0% | 6.7% | 10 |
| 1990s | 5.6% | 3.7% | 8.3% | 10 |
| 2000s | 5.3% | 3.8% | 6.6% | 10 |
| 2010s | 5.1% | 4.3% | 6.1% | 10 |
| 2020s | 3.6% | 2.0% | 5.1% | 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 interest rate spread in Egypt?
- Interest rate spread in Egypt was 5.1% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest interest rate spread recorded in Egypt?
- The highest recorded value was 8.3% in 1992.
- What is the lowest interest rate spread recorded in Egypt?
- The lowest recorded value was 2.0% in 2021.
- How does Egypt rank for interest rate spread?
- Egypt ranks 71st out of 141 countries with data for 2024.
- Is interest rate spread rising or falling in Egypt?
- Over the last ten years it is up 7.1%. The long-run trend across the full record is falling.
- Where does this Egypt data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Interest rate spread (lending rate minus deposit rate, %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Interest rate spread is the interest rate charged by banks on loans to private sector customers minus the interest rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.