Interest rate spread in Egypt
Egypt: Interest rate spread 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 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% |
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
- 68 Iran, Islamic Republic of 5.2% compare
- 69 Georgia 5.2% compare
- 70 Brunei Darussalam 5.2% compare
- 72 Macau, China 5.1% compare
- 73 Singapore 5.1% compare
- 74 Saint Lucia 5.1% compare
More financial sector data for Egypt
- Net domestic credit (current LCU), per capita 154,531 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 50.08 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 18.14 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 145.56 million SDR (2025)
- Gold reserves at market value 13.26 billion SDR (2025)
- Reserves excluding gold, foreign exchange 22.11 billion SDR (2025)
- Reserves excluding gold 22.42 billion SDR (2025)
- Total reserves (gold at market value) 35.69 billion SDR (2025)
- Total reserves (gold at national valuation) 35.69 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 301.51 SDR per person (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.
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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.