The contribution of Wholesale, Retail Trade, Restaurants, and Hotels to Egypt's GDP has shown steady growth from 14.17 in 2014 to 15.7 in 2023. The sector indicated resilience with minor fluctuations, peaking at 15.83 in 2016. The year-on-year growth rate for 2023 was 0.13%, showing a stable trend, while the two-year average growth rate stands at 0.15%. The Compound Annual Growth Rate (CAGR) for the last five years is 0.08%, with a five-year forecast growth rate of 0.38% reaching 15.78 by 2028.
Future trends to watch for include digitization in retail and hospitality, the effect of macroeconomic conditions on consumer spending, and the development of tourism infrastructure, which may accelerate post-pandemic recovery and drive sector growth.
