As of 2025, Egypt has secured its position as the second-largest economy in Africa based on nominal Gross Domestic Product (GDP), according to the International Monetary Fund (IMF). Egypt's nominal GDP is estimated at $347.34 billion, placing it just behind South Africa, which leads with $410.34 billion.
This ranking reflects Egypt's significant economic growth, driven by comprehensive reforms and strategic investments. Key sectors contributing to this growth include oil and gas, tourism, the Suez Canal, agriculture, and a diversified industrial base encompassing chemicals, electronics, steel, and automotive manufacturing.
The IMF projects Egypt's economy to grow by 3.8% during the 2024/2025 fiscal year, an increase from the previous year's 2.4% growth. This positive outlook is supported by ongoing economic reforms and increased foreign investments.