As of 2020, the share of the Egyptian population with an account in a financial institution amounted to ** percent. On the other hand, only *** percent reported owning or using a credit card. Moreover, only *** percent and *** percent of the population reported owning a mobile account in a financial institution, or making purchases and paying bills online, respectively. In the country, the shadow and semi-informal economy accounts for somewhere between ** and ** percent of the total economic output. Integrating that part into the formal economy is crucial to increase the tax base, increase regulation, and improve the attractiveness of the country as an investment hub in the region.
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Oxford Business Group. (March 22, 2021). Share of population aged 15 years and older that reported owning or using a financial product or service in Egypt as of 2020 [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 30, 2026, from /statistics/1258287/share-of-population-owning-or-using-a-financial-product-or-service-in-egypt/
Oxford Business Group. "Share of population aged 15 years and older that reported owning or using a financial product or service in Egypt as of 2020." Chart. March 22, 2021. ÌÇÐÄÆÆ½â°æ. Accessed July 30, 2026. /statistics/1258287/share-of-population-owning-or-using-a-financial-product-or-service-in-egypt/
Oxford Business Group. (2021). Share of population aged 15 years and older that reported owning or using a financial product or service in Egypt as of 2020. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 30, 2026. /statistics/1258287/share-of-population-owning-or-using-a-financial-product-or-service-in-egypt/
Oxford Business Group. "Share of Population Aged 15 Years and Older That Reported Owning or Using a Financial Product or Service in Egypt as of 2020." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 22 Mar 2021, /statistics/1258287/share-of-population-owning-or-using-a-financial-product-or-service-in-egypt/
Oxford Business Group, Share of population aged 15 years and older that reported owning or using a financial product or service in Egypt as of 2020 ÌÇÐÄÆÆ½â°æ, /statistics/1258287/share-of-population-owning-or-using-a-financial-product-or-service-in-egypt/ (last visited July 30, 2026)
Share of population aged 15 years and older that reported owning or using a financial product or service in Egypt as of 2020 [Graph], Oxford Business Group, March 22, 2021. [Online]. Available: /statistics/1258287/share-of-population-owning-or-using-a-financial-product-or-service-in-egypt/