Formal Savings Statistics in Egypt (2026)
As of the 2024 data, 7.9% of adults in Egypt saved at a formal financial institution, per World Bank Global Findex. Up from 3.6% in 2021 to 7.9% in 2024 (+4.4 percentage points). Egypt ranks #11 of 18 economies in Middle East, North Africa, Afghanistan & Pakistan on this measure, and #121 of 142 globally.
Key Statistics
- Latest value (2024)
- 7.9% (2024)
- Formal Savings in Egypt as of 2024, the most recent observation in World Bank Global Findex data.
- Change since 2021
- +4.4 pp (2024)
- Up from 3.6% in 2021 to 7.9% in 2024 (+4.4 percentage points).
- Earliest value in this dataset (2011)
- 0.7% (2011)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 0.7% in 2011 to 7.9% in 2024.
- Record high (2024)
- 7.9% (2024)
- The 2024 value is the highest in the available World Bank Global Findex series for Egypt.
- Rank in Middle East, North Africa, Afghanistan & Pakistan
- #11 of 18 (2024)
- Egypt ranks 11 of 18 countries in Middle East, North Africa, Afghanistan & Pakistan with data, based on each country's latest value.
- Global rank
- #121 of 142 (2024)
- Egypt ranks 121 of 142 countries with data globally.
- Middle East, North Africa, Afghanistan & Pakistan average
- 17.2% (2024)
- Egypt (7.9%) is below the average of 17.2% across the 18 countries in Middle East, North Africa, Afghanistan & Pakistan with data.
- Internet use in Egypt (2024)
- 74.6% (2024)
- 74.6% of the population in Egypt used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 116.5 million (2024)
- Egypt had a population of 116.5 million in 2024 (World Bank); shown for scale only.
Trend, 2011–2024
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2024 | 7.9% | +4.4 pp |
| 2021 | 3.6% | −2.7 pp |
| 2017 | 6.2% | +2.1 pp |
| 2014 | 4.1% | +3.4 pp |
| 2011 | 0.7% | — |
Frequently asked questions
What share of adults in Egypt saved at a formal financial institution?
7.9% of adults in Egypt saved at a formal financial institution in 2024, according to World Bank Global Findex data.
How does Egypt compare with other countries in Middle East, North Africa, Afghanistan & Pakistan?
Egypt ranks 11 of 18 countries in Middle East, North Africa, Afghanistan & Pakistan with data, with 7.9% versus a regional average of 17.2% (latest values per country).
Where does Egypt rank globally on formal savings?
Egypt ranks 121 of 142 countries with data globally, based on the latest World Bank Global Findex value for each country.
Source & methodology
Source: World Bank Global Findex, indicator
fin17a, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .