Subsidies in Egypt

Egypt: Subsidies was 67.34 billion GFS, current LCU in 2011. ◆ Volatile

Latest (2011)
67.34 billion GFS, current LCU
Change on year
down 28.0%
World rank
12th
of 47 countries
All-time high
93.83 billion GFS, current LCU
in 2009
All-time low
1.99 billion GFS, current LCU
in 1984
Years of data
28
1984–2011

Subsidies in Egypt, 1984–2011

020.0B40.0B60.0B80.0B100.0B1984199720111984: 2.0B GFS, current LCU1985: 2.0B GFS, current LCU1986: 2.9B GFS, current LCU1987: 2.3B GFS, current LCU1988: 2.7B GFS, current LCU1989: 2.9B GFS, current LCU1990: 4.1B GFS, current LCU1991: 5.6B GFS, current LCU1992: 7.2B GFS, current LCU1993: 4.0B GFS, current LCU1994: 3.3B GFS, current LCU1995: 3.8B GFS, current LCU1996: 4.3B GFS, current LCU1997: 4.1B GFS, current LCU1998: 4.2B GFS, current LCU1999: 4.6B GFS, current LCU2000: 5.0B GFS, current LCU2001: 5.3B GFS, current LCU2002: 5.9B GFS, current LCU2003: 6.9B GFS, current LCU2004: 10.3B GFS, current LCU2005: 13.8B GFS, current LCU2006: 54.2B GFS, current LCU2007: 54.0B GFS, current LCU2008: 84.2B GFS, current LCU2009: 93.8B GFS, current LCU2010: 93.6B GFS, current LCU2011: 67.3B GFS, current LCU

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

DecadeAverage LowestHighest 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

  1. 9 Gabon 108.39 billion GFS, current LCU compare
  2. 10 Togo 74.78 billion GFS, current LCU compare
  3. 11 Mauritania 71.70 billion GFS, current LCU compare
  4. 13 Morocco 45.00 billion GFS, current LCU compare
  5. 14 Niger 44.50 billion GFS, current LCU compare
  6. 15 Equatorial Guinea 42.30 billion GFS, current LCU compare

See the full ranking of 47 places →

More science & technology data for Egypt

All data for Egypt →

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

Indicator
Subsidies (GFS, current LCU)
Unit
GFS, current LCU
Source
World Bank country economists
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
47 places, 1,211 data points, 1966–2011
Last refreshed

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.