National poverty line in Egypt 2010-2020
As of 2019/2020, an individual living in Egypt with less than 10,300 Egyptian pounds (around 562.68 U.S. dollars) per year was considered poor. Compared to the previous year, this was an increment from 8,800 Egyptian pounds (480.74 U.S. dollars). The national poverty line in the country grew by over 51 percent between 2015 and 2017/2018. In November 2016, the Central Bank of Egypt announced that it had fully floated the Egyptian pound.