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Egypt's preliminary GDP growth 5% in first quarter, ministry says

Egyptian workers clean the glass exterior of a building in Cairo, Egypt, May 6, 2026. REUTERS/Mohamed Abd El Ghany
Egyptian workers clean the glass exterior of a building in Cairo, Egypt, May 6, 2026. REUTERS/Mohamed Abd El Ghany Reuters

DUBAI - Egypt's preliminary GDP grew 5% in January to March compared to 4.8% in the same period a year earlier, according to a statement by the planning ministry on Wednesday.

The growth rate in the first quarter of the year exceeded previous expectations that pegged it at 4.6% due to higher oil prices and disruptions in supply chains because of the Iran war.

(Reporting by Momen Saeed Attallah, Writing by Nayera Abdallah, Editing by Alexandra Hudson)

Copyright Reuters or USA Today Network via Reuters Connect.

This story was originally published May 6, 2026 at 8:00 AM.

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