This research aimed to study the efficiency of freshwater fish farms among three governorates: El Sharkia, Ismailia, and Kafr El Sheikh during the period 2015 and 2016. Data of productive and economic parameters of 64 freshwater fish farms were investigated through farm records in addition to research questionnaire. One-way ANOVA procedure was fitted. All statistical analyses were carried out by SPSS for windows. The current study showed that farm locality has a notable effect on the productive and economic parameters of freshwater fish farms. Regarding total fish production, Kafr El Sheikh governorate had the highest quantity of fish production, while El Sharkia was the lowest. From the results of analysis of locality effect on economic efficiency parameters (TC, TR and NP (EGP)/kg), it was concluded that although El Sharkia governorate had the highest value of total cost (16.34 EGP) and Kafr El Sheikh governorate had the lowest one (13.12 EGP), the highest profit recorded was in El Sharkia governorate (9.01 EGP). It is strongly recommended to encourage the government to invest more in aquaculture production in studied areas as the aquaculture was reported to be a profitable business in these.