From 1970 through the early 2000s, Egypt’s debt interest payments hovered mostly under $1.5 billion, with fluctuations tied to global oil shocks and debt rescheduling.
Payments remained relatively moderate, ranging between $0.7–$1.0 billion annually.
Following Egypt’s 2016 IMF programme and rising external borrowing, payments jumped dramatically, climbing from $1.53 billion in 2016 to $6.13 billion in 2022.
Interest payments hit an all-time high of $9.47 billion in 2023, underscoring the heavy burden of Egypt’s rapid debt accumulation and exposure to global financing costs.
