Even though the share of women without access to a financial account has decreased in Egypt, the share remains the highest among Women’s World Banking’s priority markets.

Gap in Financial
Account Ownership
(%)

The gap between men and women owning financial accounts in this income quintile has steadily increased from 2011 to 2017. In 2017, 15% of women owned a financial account, compared to 25% of men, resulting in a 10% gap.

Financial Account
Active (%)

Borrowing Activity (%)
In 2017, only 4% of women in this quintile have used their account in the preceding 12 months, which means that the majority remain underserved or without access to a financial account.

Financial Account
Inactive (%)

Borrowing Activity (%)
Out of the 15% of women with financial accounts in 2017, 11% of them remain inactive. 7% have accessed informal loans, while 0% have accessed formal loans.

No Financial Account
(%)

Borrowing Activity (%)
While the number of women in this income quintile with no financial accounts has decreased, 85% of them still have no access to financial accounts in 2017. 50% of these women have also not accessed formal or informal loans.

Gap in Mobile
Phone Ownership
(%)

In 2017, 69% of women in this income quintile reported owning a mobile phone compared to 87% of men, resulting in a 19% gap.

Total
Population
(MM)

The Egypt population has increased since 2011, with a total of 96MM in 2017. 49% of the population are women, 51% are men.

Gap in Financial
Account Ownership
(%)

The gap in financial account ownership of women and men has increased from 2011 to 2017, from 6% to 10%. In 2017, 27% of women reported to own financial accounts, compared to 37% of men.

Financial Account
Active (%)

Borrowing Activity (%)
While the share of women with active financial accounts increased, it’s still only 17% in 2017. 7% of them had not accessed formal or informal loans.

Financial Account
Inactive (%)

Borrowing Activity (%)
The share of women who have not used their financial accounts in the preceding 12 months increased from 2011 to 2017, from 5% to 10%.

No Financial Account
(%)

Borrowing Activity (%)
The share of women without access to a financial account decreased from 92% in 2011 to 63% in 2017. However, the share of women without a financial account remains the highest among Women’s World Banking’s priority markets.

Gap in Mobile
Phone Ownership
(%)

71% of women reported owning a mobile phone compared to 92% of women, resulting in 21% gap.

Gap in Mobile
Account Usage
(%)

Mobile account ownership remained low for both men (3%) and women (1%) in 2017.