Services balance (credit less debit), Net (credits less debits) (US) in Egypt
Egypt: Services balance (credit less debit), Net (credits less debits) (US) was 2.06 billion in 2024. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in Egypt, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for services balance (credit less debit), net (credits less debits) in Egypt is 2.06 billion, measured in 2024.
That represents a change of down 82.3% on the previous year and down 52.7% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Egypt peaked at 11.64 billion in 2023 and was at its lowest, -3.63 billion, in 2016.
Egypt ranks 54th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services balance (credit less debit), Net (credits less debits) (US) in Egypt, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 4.13 billion | — |
| 2006 | 4.57 billion | +10.4% |
| 2007 | 5.60 billion | +22.7% |
| 2008 | 7.30 billion | +30.3% |
| 2009 | 7.58 billion | +3.9% |
| 2010 | 9.09 billion | +19.8% |
| 2011 | 5.07 billion | -44.2% |
| 2012 | 5.32 billion | +4.9% |
| 2013 | 1.85 billion | -65.1% |
| 2014 | 4.35 billion | +134.5% |
| 2015 | 1.02 billion | -76.6% |
| 2016 | -3.63 billion | -456.0% |
| 2017 | 1.72 billion | -147.3% |
| 2018 | 4.88 billion | +184.6% |
| 2019 | 3.86 billion | -21.0% |
| 2020 | -3.15 billion | -181.6% |
| 2021 | -1.23 billion | -60.9% |
| 2022 | 6.18 billion | -602.5% |
| 2023 | 11.64 billion | +88.5% |
| 2024 | 2.06 billion | -82.3% |
Egypt compared with similar countries
- Egypt's 2.06 billion is above the median for lower middle income countries, which is -329.10 million. (46 countries reporting)
- Egypt's 2.06 billion is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 18.90 million, 108.8× the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.84 billion | 4.13 billion | 7.58 billion | 5 |
| 2010s | 3.35 billion | -3.63 billion | 9.09 billion | 10 |
| 2020s | 3.10 billion | -3.15 billion | 11.64 billion | 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 services balance (credit less debit), net (credits less debits) in Egypt?
- Services balance (credit less debit), net (credits less debits) in Egypt was 2.06 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Egypt?
- The highest recorded value was 11.64 billion in 2023.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Egypt?
- The lowest recorded value was -3.63 billion in 2016.
- How does Egypt rank for services balance (credit less debit), net (credits less debits)?
- Egypt ranks 54th out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Egypt?
- Over the last ten years it is down 52.7%. The long-run trend across the full record is volatile.
- Where does this Egypt data come from?
- The figures come from International Monetary Fund, published as part of Services balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.