Egypt Short Term Interest Rate

2001 - 2024 | Monthly | % pa | Central Bank of Egypt

Key information about Egypt Short Term Interest Rate

  • Egypt Short Term Interest Rate: Monthly Average: Interbank Rate: Overnight was reported at 27.43 % pa in Oct 2024, compared with 27.33 % pa in the previous month.
  • Egypt Short Term Interest Rate data is updated monthly, available from Jan 2001 to Oct 2024.
  • The data reached an all-time high of 27.43 % pa in Oct 2024 and a record low of 3.80 % pa in Oct 2002.
  • Short Term Interest Rate is reported by reported by Central Bank of Egypt.

Starting in March 2003, Average Interbank Rate replaced the Cairo Interbank Offered Rate (CAIBOR). Interbank rate is considered to be a better measurement of market developments because of its wider coverage of commercial, specialized and investment banks.
  • The cash rate (Policy Rate: Month End: Discount Rate) was set at 27.75 % pa in Oct 2024.
  • Egypt Exchange Rate against USD averaged 30.89 (USD/EGP) in Jun 2023.
  • View Egypt's Short Term Interest Rate from Jan 2001 to Oct 2024 in the chart:

    Egypt Short Term Interest Rate

    What was Egypt's Short Term Interest Rate in Oct 2024?

    Egypt Short Term Interest Rate: Monthly Average: Interbank Rate: Overnight was reported at 27.43 % pa in Oct 2024, compared with 27.33 % pa in the previous month. See the table below for more data.

    Last Previous Min Max Unit Frequency Range
    27.43 Oct 2024 27.33 Sep 2024 3.80 Oct 2002 27.43 Oct 2024 % pa monthly Jan 2001 - Oct 2024

    Short Term Interest Rate by Country Comparison

    country/region Last Frequency Range
    Albania (% pa) 3.05 Apr 2024 monthly Jan 2002 - Apr 2024
    Algeria (% pa) 2.93 Dec 2023 monthly Jun 2006 - Dec 2023
    Argentina (% pa) 31.80 Jul 2021 monthly Jan 1999 - Jul 2021
    Armenia (% pa) 10.37 Aug 2023 monthly Jan 2000 - Aug 2023
    Australia (% pa) 4.42 Oct 2024 monthly Jun 1969 - Oct 2024
    Austria (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Azerbaijan (% pa) 7.50 Mar 2024 monthly Dec 2002 - Mar 2024
    Bahrain (% pa) 5.12 Sep 2024 quarterly Jun 2003 - Sep 2024
    Bangladesh (% pa) 6.63 May 2023 monthly Sep 2003 - May 2023
    Belarus (% pa) 10.50 Jul 2024 monthly Apr 2003 - Jul 2024
    Belgium (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Bolivia (% pa) 4.62 Aug 2024 monthly Jan 1998 - Aug 2024
    Botswana (% pa) -0.89 Sep 2024 monthly Jan 2003 - Sep 2024
    Bulgaria (% pa) -0.05 Jun 2018 monthly Feb 2003 - Jun 2018
    Cambodia (% pa) 1.10 Oct 2024 monthly Dec 2016 - Oct 2024
    Canada (% pa) 3.51 Oct 2024 monthly Jan 1993 - Oct 2024
    China (% pa) 1.88 Oct 2024 monthly Oct 2006 - Oct 2024
    Colombia (% pa) 13.02 Jun 2023 monthly Jan 1986 - Jun 2023
    Croatia (% pa) 0.39 Dec 2019 monthly Sep 2002 - Dec 2019
    Cyprus (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Czech Republic (% pa) 4.36 Aug 2024 monthly Apr 1992 - Aug 2024
    Denmark (% pa) -0.43 Sep 2019 monthly Jun 1988 - Sep 2019
    Ecuador (% pa) 4.64 May 2023 monthly Apr 2000 - May 2023
    Egypt (% pa) 27.43 Oct 2024 monthly Jan 2001 - Oct 2024
    Estonia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    European Union (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Finland (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    France (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Georgia (% pa) 7.56 Oct 2024 monthly Feb 2008 - Oct 2024
    Germany (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Ghana (% pa) 24.85 Aug 2024 monthly Aug 1996 - Aug 2024
    Greece (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Hong Kong SAR, China (% pa) 4.31 Oct 2024 monthly Jul 1996 - Oct 2024
    Hungary (% pa) 6.47 Oct 2024 monthly Aug 1996 - Oct 2024
    Iceland (% pa) 9.21 Oct 2024 monthly Aug 1998 - Oct 2024
    India (% pa) 7.14 May 2023 monthly Sep 2015 - May 2023
    Indonesia (% pa) 6.76 May 2023 monthly Dec 1995 - May 2023
    Ireland (% pa) 1.72 Dec 2021 monthly Dec 1998 - Dec 2021
    Israel (% pa) 4.52 Oct 2024 monthly Mar 2007 - Oct 2024
    Italy (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Japan (% pa) 0.45 Oct 2024 monthly Jan 1997 - Oct 2024
    Jordan (% pa) 7.80 Oct 2024 monthly Aug 2005 - Oct 2024
    Kazakhstan (% pa) 10.50 Nov 2020 monthly Jul 2000 - Nov 2020
    Kenya (% pa) 15.85 Aug 2024 monthly Jul 1991 - Aug 2024
    South Korea (% pa) 3.40 Oct 2024 monthly Jul 2004 - Oct 2024
    Kosovo (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Kuwait (% pa) 3.94 Oct 2024 monthly Nov 2001 - Oct 2024
    Latvia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Lebanon (% pa) 120.00 Jul 2023 monthly Mar 1972 - Jul 2023
    Lithuania (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Luxembourg (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Macau SAR, China (% pa) 4.97 Jun 2023 monthly Jun 1988 - Jun 2023
    North Macedonia (% pa) 4.52 Oct 2024 monthly Jul 2007 - Oct 2024
    Malawi (% pa) 16.00 Aug 2024 monthly Jan 1983 - Aug 2024
    Malaysia (% pa) 3.58 Oct 2024 monthly Jan 1988 - Oct 2024
    Malta (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Mauritius (% pa) 2.75 Sep 2024 monthly Apr 1998 - Sep 2024
    Mexico (% pa) 10.92 Oct 2024 monthly Jan 1997 - Oct 2024
    Moldova (% pa) 8.08 Oct 2024 monthly Dec 2005 - Oct 2024
    Montenegro (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Morocco (% pa) 2.76 Oct 2024 monthly Jan 1995 - Oct 2024
    Mozambique (% pa) 14.99 Sep 2024 monthly Nov 2005 - Sep 2024
    Myanmar (% pa) 4.00 2023 yearly 1986 - 2023
    Nepal (% pa) 2.89 Sep 2024 monthly Feb 1993 - Sep 2024
    Netherlands (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    New Zealand (% pa) 5.71 Jun 2023 monthly Jan 1985 - Jun 2023
    Nigeria (% pa) 26.37 Oct 2024 monthly Jan 2010 - Oct 2024
    Norway (% pa) 1.77 Jan 2020 monthly Jan 1986 - Jan 2020
    Oman (% pa) 0.00 Aug 2024 monthly Jan 2004 - Aug 2024
    Pakistan (% pa) 22.91 Jun 2023 monthly Nov 2004 - Jun 2023
    Panama (% pa) 4.98 Sep 2024 monthly Jan 2006 - Sep 2024
    Philippines (% pa) 5.48 Oct 2024 monthly Jan 1975 - Oct 2024
    Poland (% pa) 5.85 Oct 2024 monthly Jan 1999 - Oct 2024
    Portugal (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Qatar (% pa) 5.25 Sep 2024 monthly Jul 2004 - Sep 2024
    Romania (% pa) 5.55 Oct 2024 monthly Aug 1995 - Oct 2024
    Russia (% pa) 9.71 Jul 2023 monthly Aug 2000 - Jul 2023
    Saudi Arabia (% pa) 6.11 Aug 2024 monthly Jan 2007 - Aug 2024
    Serbia (% pa) 4.80 Oct 2024 monthly Aug 2005 - Oct 2024
    Singapore (% pa) 3.30 Oct 2024 monthly Oct 1995 - Oct 2024
    Slovakia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Slovenia (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    South Africa (% pa) 7.98 Oct 2024 monthly Dec 1980 - Oct 2024
    Spain (% pa) -0.57 Nov 2021 monthly Dec 1998 - Nov 2021
    Sri Lanka (% pa) 6.96 Jun 2020 monthly Jul 2000 - Jun 2020
    Sweden (% pa) 0.03 Jul 2020 monthly Jan 1987 - Jul 2020
    Switzerland (% pa) 0.91 Oct 2024 monthly Jul 1999 - Oct 2024
    Taiwan (% pa) 1.67 Oct 2024 monthly Oct 2005 - Oct 2024
    Thailand (% pa) 2.40 Oct 2024 monthly Jan 2005 - Oct 2024
    Turkey (% pa) 16.01 Jun 2022 monthly Aug 2002 - Jun 2022
    Ukraine (% pa) 7.24 Aug 2024 monthly Jan 2006 - Aug 2024
    United Arab Emirates (% pa) 4.61 Oct 2024 monthly Oct 2009 - Oct 2024
    United Kingdom (% pa) 0.09 Apr 2021 monthly Jan 1986 - Apr 2021
    United States (% pa) 4.44 Oct 2024 monthly Jan 1954 - Oct 2024
    Uruguay (% pa) 8.94 Oct 2024 monthly Sep 2002 - Oct 2024
    Venezuela (% pa) 43.78 Jun 2023 monthly Jan 1998 - Jun 2023
    Vietnam (% pa) 4.61 Oct 2024 monthly Jul 2004 - Oct 2024
    Yemen (% pa) 16.07 Jan 2015 monthly Dec 1995 - Jan 2015
    Zambia (% pa) 10.10 Apr 2023 monthly Jan 2006 - Apr 2023

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    Egypt Key Series

    Government and Public Finance Last Frequency Range
    Consolidated Fiscal Balance (USD mn) -7,464.727 Sep 2024 monthly Jan 2005 - Sep 2024
    Tax Revenue (USD mn) 8,526.143 Sep 2024 monthly Jan 2005 - Sep 2024
    Tax Revenue: % of GDP (%) 5.5 2023 yearly 2005 - 2023
    National Government Debt (USD mn) 369,695.1 Jun 2022 quarterly Jun 2006 - Jun 2022
    Government Debt: % of GDP (%) 68.6 Jun 2020 quarterly Jun 2006 - Jun 2020
    Forecast: Government Expenditure (EGP bn) 7,219.600 2029 yearly 1999 - 2029
    Forecast: Government Net Debt (EGP bn) 19,939.872 2029 yearly 1998 - 2029
    Forecast: Government Revenue (EGP bn) 6,391.424 2029 yearly 1999 - 2029
    Government Budget: ytd: Overall Fiscal Balance (EGP mn) -361,831.300 Sep 2024 monthly Jan 2005 - Sep 2024
    Government Budget: ytd: Cash Deficit (EGP mn) -357,650.300 Sep 2024 monthly Jan 2005 - Sep 2024
    Government Budget: ytd: Revenue (EGP mn) 470,097.700 Sep 2024 monthly Jan 2005 - Sep 2024
    Government Budget: ytd: Expenditure (EGP mn) 827,748.000 Sep 2024 monthly Jan 2005 - Sep 2024
    Government Budget: ytd: Financing (EGP mn) 517,916.000 Jun 2024 quarterly Jun 2005 - Jun 2024
    Gross Domestic Debt (EGP mn) 4,742,107.000 Jun 2020 quarterly Sep 1997 - Jun 2020
    Foreign Trade Last Frequency Range
    Forecast: Exports of Goods Growth (%) 7.008 2029 yearly 1980 - 2029
    Trade Balance (USD mn) -4,885.0 Aug 2024 monthly Jan 1957 - Aug 2024
    Total Exports (USD mn) 3,453.0 Aug 2024 monthly Jul 1994 - Aug 2024
    Total Exports Growth (%) 2.8 Aug 2024 monthly Jul 1995 - Aug 2024
    Aluminum: Exports (USD th) 568,413.708 2023 yearly 1995 - 2023
    Exports: Medicament (USD th) 274,989.359 2022 yearly 1995 - 2022
    Exports: Medicinal and Pharmaceutical Product (USD th) 69,318.411 2022 yearly 1995 - 2022
    Total Imports (USD mn) 8,338.0 Aug 2024 monthly Jul 1994 - Aug 2024
    Total Imports Growth (%) 15.1 Aug 2024 monthly Jul 1995 - Aug 2024
    Imports: Medicament (USD th) 2,425,187.296 2022 yearly 1995 - 2022
    Imports: Medicinal and Pharmaceutical Product (USD th) 876,034.340 2022 yearly 1995 - 2022
    Total Exports to USA (USD mn) 197.843 Jul 2024 monthly Dec 2015 - Jul 2024
    Total Imports from USA (USD mn) 791.301 Jul 2024 monthly Dec 2015 - Jul 2024
    Total Exports to China (USD mn) 27.896 Jul 2024 monthly Dec 2015 - Jul 2024
    Total Imports from China (USD mn) 1,323.919 Jul 2024 monthly Dec 2015 - Jul 2024
    Trade Balance: USD (USD mn) -4,885.000 Aug 2024 monthly Jul 1994 - Aug 2024
    Exports: National: EGP (EGP mn) 171,719.000 Jul 2024 monthly Jan 1994 - Jul 2024
    Imports: EGP (EGP mn) 395,135.000 Jul 2024 monthly Jan 1994 - Jul 2024
    Export Value Index (2015=100) 204.348 2021 yearly 1980 - 2021
    Import Value Index (2015=100) 131.347 2021 yearly 1980 - 2021
    Balance of Payments Last Frequency Range
    Direct Investment Abroad (USD mn) 120.0 Jun 2024 quarterly Mar 1994 - Jun 2024
    Current Account Balance (USD mn) -3,711.1 Jun 2024 quarterly Dec 1993 - Jun 2024
    Current Account Balance: % of GDP (%) 1.3 Dec 2022 quarterly Sep 2001 - Dec 2022
    Foreign Direct Investment (USD mn) 22,352.2 Jun 2024 quarterly Dec 1993 - Jun 2024
    Foreign Direct Investment: % of GDP (%) 30.2 Jun 2024 quarterly Sep 2001 - Jun 2024
    Foreign Portfolio Investment (USD mn) -104.500 Jun 2024 quarterly Dec 1993 - Jun 2024
    Foreign Portfolio Investment: % of GDP (%) -0.1 Jun 2024 quarterly Sep 2001 - Jun 2024
    Foreign Portfolio Investment: Equity Securities (USD mn) 54.0 Mar 2024 quarterly Mar 2011 - Mar 2024
    Foreign Portfolio Investment: Debt Securities (USD mn) 14,329.600 Mar 2024 quarterly Mar 2011 - Mar 2024
    External Debt (USD mn) 152,885.2 Jun 2024 quarterly Jun 1997 - Jun 2024
    External Debt: % of GDP (%) 39.8 Mar 2024 quarterly Jun 1999 - Mar 2024
    External Debt: Short Term (USD mn) 26,024.8 Jun 2024 quarterly Jun 1997 - Jun 2024
    External Debt: Short Term: % of GDP (%) 7.1 2023 yearly 1990 - 2023
    Forecast: Current Account Balance (USD bn) -22.028 2029 yearly 1980 - 2029
    Net International Investment Position (USD mn) -281,564.400 Jun 2024 quarterly Dec 2013 - Jun 2024
    BoP: CF: Financial Account (USD mn) 9,910.800 Jun 2024 quarterly Dec 1993 - Jun 2024
    BoP: CF: Financial Account: Direct Investment Abroad (USD mn) -120.000 Jun 2024 quarterly Mar 1994 - Jun 2024
    BoP: CA: Goods and Services (USD mn) -7,683.200 Jun 2024 quarterly Dec 1993 - Jun 2024
    BoP: CF: Financial Account: Portfolio Investment Abroad (USD mn) -73.900 Jun 2024 quarterly Sep 1997 - Jun 2024
    BoP: Net Errors and Omissions (USD mn) -584.800 Jun 2024 quarterly Dec 1993 - Jun 2024
    BoP: CA: Transfers (USD mn) 7,480.600 Jun 2024 quarterly Dec 1993 - Jun 2024
    BoP: CA: Goods and Services: Services (USD mn) 3,090.000 Jun 2024 quarterly Dec 1993 - Jun 2024
    BoP: CF: Financial Account: Other Net Investment (OI) (USD mn) -12,143.000 Jun 2024 quarterly Dec 1993 - Jun 2024
    BoP: Overall Balance (USD mn) 5,553.700 Jun 2024 quarterly Dec 1993 - Jun 2024
    BoP: CF: Financial Account: Net Portfolio Investment in Egypt (USD mn) -104.500 Jun 2024 quarterly Dec 1993 - Jun 2024
    BoP: CA: Goods and Services: Trade Balance (USD mn) -10,773.200 Jun 2024 quarterly Dec 1993 - Jun 2024
    BoP: CF: Capital Account (USD mn) -61.200 Jun 2024 quarterly Mar 2004 - Jun 2024
    External Debt: Medium and Long Term (USD mn) 126,860.400 Jun 2024 quarterly Jun 1997 - Jun 2024
    External Debt: Central & Local Government (USD mn) 80,178.200 Jun 2024 quarterly Jun 2002 - Jun 2024
    Remittances: Inflow (USD mn) 7,467.300 Jun 2024 quarterly Sep 1999 - Jun 2024
    Foreign Direct Investment: Inflow: Arab Countries: Saudi Arabia (USD mn) 102.800 Mar 2024 quarterly Jun 2001 - Mar 2024
    Foreign Direct Investment: Inflow: European Union (EU) (USD mn) 1,350.500 Mar 2024 quarterly Jun 2001 - Mar 2024
    Foreign Direct Investment: Inflow: Other Countries: China (USD mn) 96.400 Mar 2024 quarterly Dec 2005 - Mar 2024
    Foreign Direct Investment: Inflow: United States of America (USD mn) 667.100 Mar 2024 quarterly Jun 2001 - Mar 2024
    Foreign Direct Investment: Inflow: Arab Countries: Kuwait (USD mn) 170.900 Mar 2024 quarterly Jun 2001 - Mar 2024
    Foreign Direct Investment: Net: United States of America (USD mn) 227.800 Mar 2024 quarterly Sep 2021 - Mar 2024
    Number of Bankruptcies (Unit) 0.000 Dec 2023 monthly Jan 1998 - Dec 2023
    Monetary Last Frequency Range
    Non Performing Loans Ratio (%) 2.7 Jun 2024 quarterly Mar 2011 - Jun 2024
    Household Debt: % of GDP (%) 7.4 Jun 2024 quarterly Dec 2002 - Jun 2024
    Money Supply M1 (USD mn) 57,156.878 Sep 2024 monthly Jan 1996 - Sep 2024
    Money Supply M2 (USD mn) 229,450.731 Sep 2024 monthly Jan 1996 - Sep 2024
    M2 Growth (%) 29.6 Sep 2024 monthly Jan 1997 - Sep 2024
    Reserve Requirement Ratio (%) 18.0 Oct 2024 monthly Jan 2012 - Oct 2024
    Foreign Exchange Reserves (USD mn) 33,418.0 Sep 2024 monthly Dec 2004 - Sep 2024
    Foreign Exchange Reserves: % of GDP (%) 8.728 Jun 2024 quarterly Dec 2004 - Jun 2024
    Foreign Exchange Reserves: Months of Import (NA) 4.4 Apr 2023 monthly Dec 2004 - Apr 2023
    Gold Reserves (USD mn) 10,723.000 Sep 2024 monthly Dec 1956 - Sep 2024
    Total Deposits (USD mn) 249,661.975 Jun 2024 monthly Jun 2004 - Jun 2024
    Total Deposits Growth (%) 26.9 Jun 2024 monthly Jun 2005 - Jun 2024
    Domestic Credit (USD mn) 256,113.3 Sep 2024 monthly Jan 1996 - Sep 2024
    Domestic Credit Growth (%) 29.1 Sep 2024 monthly Jan 1997 - Sep 2024
    Household Debt (USD mn) 22,830.3 Sep 2024 monthly Dec 2002 - Sep 2024
    Total Loans (USD mn) 148,373.166 May 2024 monthly Apr 1996 - May 2024
    Total Loans Growth (%) 53.31 May 2024 monthly Apr 1997 - May 2024
    Private Debt: % of Nominal GDP (%) 25.73 Mar 2024 quarterly Jun 2002 - Mar 2024
    Reserve Money: M0 (EGP mn) 1,897,456.000 Sep 2024 monthly Jan 1996 - Sep 2024
    Counterpart Assets: DA: Credit (EGP mn) 12,369,479.000 Sep 2024 monthly Jan 1996 - Sep 2024
    Domestic Liquidity: M2 (EGP mn) 11,081,759.000 Sep 2024 monthly Jan 1996 - Sep 2024
    Domestic Liquidity: M2: Quasi Money (QM) (EGP mn) 8,321,259.000 Sep 2024 monthly Jan 1996 - Sep 2024
    Domestic Liquidity: M2: Money Supply (M1) (EGP mn) 2,760,500.000 Sep 2024 monthly Jan 1996 - Sep 2024
    International Reserves: Gross Official Reserves: Foreign Currency (USD mn) 35,996.000 Sep 2024 monthly Nov 2004 - Sep 2024
    International Reserves: Net (USD mn) 46,737.000 Sep 2024 monthly Jan 1996 - Sep 2024
    Banks Deposits: excl Central Bank of Egypt (CBE) (EGP mn) 11,839,886.000 May 2024 monthly Apr 1996 - May 2024
    Banks Loans: excl Central Bank of Egypt (CBE) (EGP mn) 6,898,502.000 May 2024 monthly Nov 2003 - May 2024

    More Indicators for Egypt

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