The total private pension assets in Egypt exhibited fluctuations over the past decade, punctuated by significant variance year-on-year. In 2023, the value stood at 4.47 billion USD. The asset value fell sharply in 2016 by 51.65% but rebounded in subsequent years, particularly in 2017 and 2018 with growth rates of 35.03% and 10.2%, respectively. Recent trends from 2021 onwards indicate a slight decline, with 2022 and 2023 seeing marginal reductions of -0.3% each year. The overall Compound Annual Growth Rate (CAGR) for the past five years is relatively stable at 2.43%, but the forecast suggests a modest decline with a future CAGR of -0.24% by 2028.
Future trends to watch for include:
- Continued slight decreases in private pension assets as indicated by the forecasted CAGR.
- Potential impacts of economic reforms in Egypt that may stabilize or reverse the downturn in asset values.
- The influence of global economic conditions on Egypt's private pension sector, which could pose risks or opportunities.
