Economic summary:GDP/PPP$1,223,040,000,000 (2020 est.); per capita $12,000.Real growth rate:4.2%.Inflation:9.3%.Unemployment:7.86%.Arable land:2.8%.Agriculture:cotton, rice, corn, wheat, beans, fruits, vegetables; cattle, water buffalo, sheep, goats.Labor force:24.113 million (2020); ...
What was Egypt's Nominal GDP in Dec 2022? Egypt Nominal GDP reached 109.0 USD bn in Dec 2022, compared with 127.7 USD bn in the previous quarter. See the table below for more data.Last Previous Min Max Unit Frequency Range 108,969.4 Dec 2022 127,729.0 Sep 2022 17,447.8 Jun 2003 ...
In the first half of the fiscal year 2021-2022 (which lasted from July 2021 to December 2021), Egypt's Gross Domestic Production (GDP) increased 9 percent, the highest record since the beginning of 2000, compared to 1.3 percent in the same period the previous year, the government said in...
Economic summary: GDP/PPP $1,223,040,000,000 (2020 est.); per capita $12,000. Real growth rate: 4.2%. Inflation: 9.3%. Unemployment: 7.86%. Arable land: 2.8%. Agriculture: cotton, rice, corn, wheat, beans, fruits, vegetables; cattle, water buffalo, sheep, goats. Labor force: 24.1...
The positive trend accelerated in 2022 when GDP was estimated to have grown by 6.7%, although growth decelerated to 4.2% in 2023. The country faced challenges with elevated inflation and imbalances in its balance of payments. Despite these issues, fiscal support has maintained private consumption,...
expected in the year 21/2022 to LE 1.37 trillion in the plan in the year 22/2023 at current prices, which is equivalent to 10 percent of the gross domestic production (GDP), and at constant prices to about LE 12.7 trillion pounds in the year of the plan with a growth rate 4.4 ...
5.9% GDP growth rate Egypt’s economy grew by 5.9 percent in 2021, making it one of the fastest-growing economies in the Middle East and North Africa (MENA) region.(3) 14.43% e-commerce growth Egypt’s e-commerce sector is one of the fastest-growing markets in the world. The g...
Egypt'sbudget deficit stood at about 7.1% of GDPin 2023, from 6.1% in 2022, 7.2% in 2021, and 7% in 2020, according to the Ministry of Finance. For the upcoming fiscal year 2024-25, total public expenditures are projected to reach EGP 3.9 trillion (US$81.3 billion) while expected rev...
Gross domestic product (GDP) per capita in Egypt 2029 Gross domestic product (GDP) growth rate in Egypt 2029 Egypt: Share in global GDP adjusted for PPP 2029 Employment by economic sector in Egypt 2022 Labor force participation rate in Egypt 2022 Unemployment rate in Egypt 2023 Youth unemploymen...
Badr explained that the surge in Egyptian exports will have "a very positive impact" on the country's trade balance and will lead to a deficit reduction and a GDP growth, as well as an improvement in the solvency of the national economy, which provides access to external borrowing at low-...