In 2023, credit bureau coverage in Egypt stood at 36.8% of the adult population. The forecasted data for the upcoming years indicates a steady increase, with values projected to rise from 38.2% in 2024 to 43.8% by 2028.
Year-on-year variations:
- From 2023 to 2024: 3.8%
- From 2024 to 2025: 3.7%
- From 2025 to 2026: 3.5%
- From 2026 to 2027: 3.4%
- From 2027 to 2028: 3.3%
The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is approximately 3.5% per year, indicating a consistent upward trend in credit bureau coverage over this period.
Looking ahead, future trends to watch include the introduction of more comprehensive credit assessments, regulatory changes aimed at increasing financial inclusion, and advancements in digital financial services which could further boost credit bureau coverage in Egypt.
