Is Egypt GDP growing?

Is Egypt GDP growing?

The growth rate of Egypt’s gross domestic product (GDP) in 2020 was 3.57 percent after adjusting for inflation….

Characteristic GDP growth compared to previous year
2020 3.57%
2019 5.56%
2018 5.31%
2017 4.08%

What is Egypt’s GDP in 2021?

280.00 USD Billion
GDP in Egypt is expected to reach 280.00 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Egypt GDP is projected to trend around 340.00 USD Billion in 2022, according to our econometric models.

Is Egypt a developed country 2021?

HDI is set on a scale from 0 to 1, and most developed countries have a score above . 80….Developed Countries List.

Country Human Development Index 2021 Population
Egypt 0.707 104,258,327
Marshall Islands 0.704 59,610
Vietnam 0.704 98,168,833
Gabon 0.703 2,278,825

What is Egypts GDP ranking?

34th
Economy of Egypt

Statistics
GDP $394 billion (nominal, 2021) $1.346 trillion (PPP, 2021)
GDP rank 34th (nominal, 2020) 21st (PPP, 2020)
GDP growth 5.6% (2020)
GDP per capita $3,832 (nominal, 2020 est.) $14,023 (PPP, 2020 est.)

What makes up Egypt’s GDP?

Distribution of gross domestic product (GDP) across economic sectors Egypt 2020. In 2020, agriculture contributed around 11.51 percent to the GDP of Egypt, 31.8 percent came from the industry and 51.65 percent from the service sector.

What is the GDP growth rate in Egypt?

Egypt GDP Growth Rate – values, historical data and charts – was last updated on September of 2021. GDP Growth Rate in Egypt is expected to be 2.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

What was the GDP of Egypt in 1960?

The Gross Domestic Product (GDP) in Egypt was worth 235.37 billion US dollars in 2017. The GDP value of Egypt represents 0.38 percent of the world economy. GDP in Egypt averaged 76.57 USD Billion from 1960 until 2017, reaching an all time high of 332.90 USD Billion in 2016 and a record low of 4 USD Billion in 1962. Historical.

How much money does Egypt make per year?

Egypt GDP: 1,153 trillion International Dollars (2019)

Why did Egypt’s economy slow down in 2011?

The 2011 revolution, which brought down President Hosni Mubarak regime, have caused economic slowdown as political and institutional uncertainty and rising insecurity continue to hurt tourism, manufacturing, and construction.