The population currently stands at 86 million, according to the Central Agency for Public Mobilisation and Statistics.
"The agency issued the announcement through the population clock on Salah Salem Street in Cairo," said Misbah Khaireddine of the agency's chamber of studies. "The clock is linked electronically and updated with the latest data and statistics from the census."
In 2013, the population grew by 2.5%, he said.
"We estimated a population growth of 875,000 last year, but the actual figure significantly exceeded our expectations," he said.
This increase matches other reports that warn Egypt's population growth is a social time bomb, Khaireddine said.
On February 16th, Britain's Guardian newspaper reported that Egypt's population is likely to reach more than 137 million by 2050, while a study by the German Chamber of Commerce estimated the country's population will reach 120 million in 20 years.
"The increase in population has become a reality and we must work now across two axes," said Rami Abdulmuttalib, who lectures at Cairo University's Faculty of Social Sciences. "First, we must continue to limit the growth rate, and second, we must find solutions to the problems it causes."
These could include urban expansion to other regions of Egypt to reduce overcrowding in cities through the establishment of a system of cities, villages and new urban developments, he said.
Awareness-raising campaigns that address the social and economic risks associated with population growth could help reduce the birth rate, he said.
"In rural areas, especially agricultural ones, a high birth rate is caused by a desire to increase agricultural production by involving the entire family on the land," Abdulmuttalib said.
But a large population increase in Egypt would deplete government resources and impact the country's educational levels, he said.