Subsidies in Egypt
Egypt: Subsidies was 67.34 billion GFS, current LCU in 2011. ◆ Volatile
Subsidies in Egypt, 1984–2011
Source: World Bank country economists. Measured in GFS, current LCU.
Analysis
Egypt recorded 67.34 billion GFS, current LCU for subsidies in 2011.
That represents a change of down 28.0% on the previous year and up 1,163.4% over ten years.
Over the whole period, subsidies in Egypt peaked at 93.83 billion GFS, current LCU in 2009 and was at its lowest, 1.99 billion GFS, current LCU, in 1984.
That places Egypt 12th out of 47 countries with data for 2011, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.47 billion GFS, current LCU | 1.99 billion GFS, current LCU | 2.93 billion GFS, current LCU | 6 |
| 1990s | 4.53 billion GFS, current LCU | 3.27 billion GFS, current LCU | 7.24 billion GFS, current LCU | 10 |
| 2000s | 33.36 billion GFS, current LCU | 5.02 billion GFS, current LCU | 93.83 billion GFS, current LCU | 10 |
| 2010s | 80.45 billion GFS, current LCU | 67.34 billion GFS, current LCU | 93.57 billion GFS, current LCU | 2 |
Countries ranked near Egypt
- 9 Gabon 108.39 billion GFS, current LCU compare
- 10 Togo 74.78 billion GFS, current LCU compare
- 11 Mauritania 71.70 billion GFS, current LCU compare
- 13 Morocco 45.00 billion GFS, current LCU compare
- 14 Niger 44.50 billion GFS, current LCU compare
- 15 Equatorial Guinea 42.30 billion GFS, current LCU compare
More science & technology data for Egypt
- Scientific and technical journal articles 22,854 (2023)
- Mobile phone subscriptions 113.19 million (2024)
- Mobile phone subscriptions per 100 people 97.13 per 100 people (2024)
- Mobile and landline phone subscriptions per 100 people 97.13 per 100 people (2024)
- Patent applications, nonresidents 1,343 (2021)
- Share of the population using the Internet 74.6% (2024)
- Patent applications, residents 881 (2021)
- Research and development expenditure 1.0% (2024)
- Number of people using the Internet 79.95 million users (2021)
- Landline Internet subscriptions per 100 people 11.69 per 100 people (2024)
Frequently asked questions
- What is subsidies in Egypt?
- Subsidies in Egypt was 67.34 billion GFS, current LCU in 2011, according to World Bank country economists.
- What is the highest subsidies recorded in Egypt?
- The highest recorded value was 93.83 billion GFS, current LCU in 2009.
- What is the lowest subsidies recorded in Egypt?
- The lowest recorded value was 1.99 billion GFS, current LCU in 1984.
- How does Egypt rank for subsidies?
- Egypt ranks 12th out of 47 countries with data for 2011.
- Is subsidies rising or falling in Egypt?
- Over the last ten years it is up 1,163.4%. 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 Subsidies (GFS, current LCU). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units make to enterprises, resident producers and importers. Subsidies may be designed to influence enterprises level or type of production, or the prices at which the products are sold. (Capital grants are in the national accounts classified as capital transfers.) Subsidies consists of ‘subsidies on products’, subsidies payable per unit of a good or a service, and ‘other subsidies on production’, which cover all other subsidies enterprises receives as a consequence of engaging in production. Data are in current local currency.