WTTC: Egypt Travel & Tourism Hits Record EGP 1.4TN in 2024
Sector contributes 8.5% of GDP—visitor spending and employment exceed pre-pandemic levels.
Photo/ Spencer Davis
WTTC’s latest Economic Impact Research (EIR), developed with Oxford Economics, reports Egypt’s Travel & Tourism sector contributed EGP 1.4TN to GDP in 2024, accounting for 8.5% of the national economy.
A 4.9% growth is forecast for 2025, with the sector’s share expected to reach 8.6% of GDP, as outlined in the statement on June 19, 2025.
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- Visitor Spending (2024): • International: EGP 726.9BN (+36.1% vs 2019) • Domestic: EGP 449.9BN (+31.8% vs 2019) • 2025 forecast: EGP 768.2BN (international), EGP 460.6BN (domestic)
- Employment: • 2.7 million jobs supported in 2024 • 2025 forecast: 2.9 million jobs (+22.3% vs 2019)
- Long-Term Outlook (2035): • GDP contribution: EGP 2.1TN (8.4%) • Employment: 3.8 million jobs (10.5% of total) • Visitor spending: EGP 1.1TN (international), EGP 627BN (domestic)
“Egypt’s Travel & Tourism sector is experiencing a powerful resurgence… dynamic, resilient, and vital to the country’s growth,” remarks WTTC President & CEO Julia Simpson.
