External borrowing, net in Egypt
Egypt: External borrowing, net was -97.65 billion current LCU in 2011. ◆ Volatile
External borrowing, net in Egypt, 1984–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
Egypt recorded -97.65 billion current LCU for external borrowing, net in 2011. That is the lowest value across all 28 years on record.
The figure is down 919.7% on the previous year and down 4,917.9% over ten years.
Over the whole period, external borrowing, net in Egypt peaked at 11.91 billion current LCU in 2010 and was at its lowest, -97.65 billion current LCU, in 2011.
Egypt ranks 46th of 50 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External borrowing, net in Egypt, year by year
| Year | current LCU | Change |
|---|---|---|
| 1984 | 1.05 billion current LCU | — |
| 1985 | 1.53 billion current LCU | +45.4% |
| 1986 | 1.80 billion current LCU | +17.4% |
| 1987 | 1.27 billion current LCU | -29.2% |
| 1988 | 3.41 billion current LCU | +168.0% |
| 1989 | 1.16 billion current LCU | -66.0% |
| 1990 | 248.11 million current LCU | -78.6% |
| 1991 | 11.34 billion current LCU | +4470.1% |
| 1992 | -226.00 million current LCU | -102.0% |
| 1993 | -1.54 billion current LCU | +582.3% |
| 1994 | -1.68 billion current LCU | +8.8% |
| 1995 | -2.23 billion current LCU | +33.0% |
| 1996 | -2.65 billion current LCU | +18.7% |
| 1997 | -3.15 billion current LCU | +18.8% |
| 1998 | -2.75 billion current LCU | -12.5% |
| 1999 | -2.00 billion current LCU | -27.3% |
| 2000 | -1.49 billion current LCU | -25.7% |
| 2001 | -1.95 billion current LCU | +30.9% |
| 2002 | 6.53 billion current LCU | -435.4% |
| 2003 | 5.58 billion current LCU | -14.5% |
| 2004 | 503.00 million current LCU | -91.0% |
| 2005 | -4.24 billion current LCU | -943.5% |
| 2006 | 3.64 billion current LCU | -185.8% |
| 2007 | 3.58 billion current LCU | -1.6% |
| 2008 | 11.44 billion current LCU | +219.4% |
| 2009 | -12.67 billion current LCU | -210.8% |
| 2010 | 11.91 billion current LCU | -194.0% |
| 2011 | -97.65 billion current LCU | -919.7% |
Egypt compared with similar countries
- Egypt's -97.65 billion current LCU is below the median for lower middle income countries, which is 3.27 billion current LCU. (24 countries reporting)
- Egypt's -97.65 billion current LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.64 billion current LCU. (5 countries reporting)
Biggest year-on-year movements
Years where External borrowing, net 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 |
|---|---|---|---|
| 1991 | +4470.1% | 248.11 million current LCU | 11.34 billion current LCU |
| 2005 | -943.5% | 503.00 million current LCU | -4.24 billion current LCU |
| 2011 | -919.7% | 11.91 billion current LCU | -97.65 billion current LCU |
| 1993 | -582.3% | -226.00 million current LCU | -1.54 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.70 billion current LCU | 1.05 billion current LCU | 3.41 billion current LCU | 6 |
| 1990s | -463.99 million current LCU | -3.15 billion current LCU | 11.34 billion current LCU | 10 |
| 2000s | 1.09 billion current LCU | -12.67 billion current LCU | 11.44 billion current LCU | 10 |
| 2010s | -42.87 billion current LCU | -97.65 billion current LCU | 11.91 billion current LCU | 2 |
Countries ranked near Egypt
More science & technology data for Egypt
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 97.13 (2024)
- Mobile cellular subscriptions by country, per capita 0.9713 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0003 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 113.19 million (2024)
- Mobile cellular subscriptions by country, per square kilometre 106.81 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate 4.64 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate 6.47 % change on previous year (2024)
- Scientific and technical journal articles 22,854 (2023)
- Scientific and technical journal articles, per capita 0.0002 units per person (2023)
Frequently asked questions
- What is external borrowing, net in Egypt?
- External borrowing, net in Egypt was -97.65 billion current LCU in 2011, according to World Bank country economists.
- What is the highest external borrowing, net recorded in Egypt?
- The highest recorded value was 11.91 billion current LCU in 2010.
- What is the lowest external borrowing, net recorded in Egypt?
- The lowest recorded value was -97.65 billion current LCU in 2011.
- How does Egypt rank for external borrowing, net?
- Egypt ranks 46th out of 50 countries with data for 2011.
- Is external borrowing, net rising or falling in Egypt?
- Over the last ten years it is down 4,917.9%. The long-run trend across the full record is volatile.
- Where does this Egypt data come from?
- The figures come from World Bank country economists, published as part of External borrowing, net (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Financing from abroad (obtained from nonresidents) refer to the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. It includes all government liabilities--other. Data are in current local currency.