Country Profile: Egypt

Tax to GDP ratio: 14.19%

Aviation: Yes – tax in place

Departure tax: EGP 100 for most travellers, but tourists departing from specific governorates (Red Sea, South Sinai, Luxor, Aswan, and Matruh) pay a reduced fee of EGP 50.

Source

Financial Transactions Tax (FTT): Yes – tax in place

A stamp duty tax on the total value of purchases and sales of securities of all kinds whether listed or not, no matter whether the securities were Egyptian or foreign, and without deducting any costs is levied on both the buyer and the seller of shares traded on the Egyptian Exchange (EGX) at a current rate of .175%.

Source: Centre for Economic and Policy Research

Oil and Gas Revenues

  • Total government revenue from oil & gas in 2022: $2 billion
  • Share of oil & gas activity covered: 55.6%

Source: PBPR

These figures represents an aggregate of fossil fuel revenues collected through various fiscal instruments, including royalties, taxes, and production entitlements.

Carbon Pricing: No carbon pricing instrument in place

swSwahili