WebCotton remained the backbone of the Egyptian economy as well as the main source of Egypt's foreign exchange earnings until the 1960s. Egypt's cultivated land has increased by no more than 19 percent in the twentieth century, in spite of the construction of the Aswan Dam in 1902 and the Aswan High Dam in 1970. WebThe Gross Domestic Product (GDP) in Egypt was worth 404.14 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Egypt represents 0.18 percent of the world economy. source: …
Egypt, Arab Rep. - Household Income, Expenditure, and …
WebA 2005 survey revealed that the single most important source of family income even in rural areas was government employment, with agriculture coming second (Mayfield, 2012, 293-297). ... 25 The two main sectors driving economic growth in Egypt in the first decade of the twenty-first century were tourism and energy/energy-intensive industries. WebTourism is one of the leading sources of income, crucial to Egypt's economy. At its peak in 2010, the sector employed about 12% of workforce of Egypt, [1] serving approximately 14.7 million visitors to Egypt, and providing revenues of nearly $12.5 billion [2] as well as contributing more than 11% of GDP and 14.4% of foreign currency revenues. fireside buffalo valley rv campground
Migrants’ remittances and economic growth in Egypt: an
WebMar 23, 2024 · Egypt’s health-care system is pluralistic and fragmented, with numerous sources of financing, financing agents and providers. It is estimated that in 2016, 62 per cent of the total health expenditure (THE) was financed by private out-of-pocket payments (OOPPs) – the highest among all middle-income countries in the region. WebDec 8, 2024 · In 2024, agriculture contributed around 11.83 percent to the GDP of Egypt, 30.79 percent came from the industry and 52.23 percent from the service sector. Egypt's trade balance marked US$10.36 billion in FY2005 compared to US$7.5 billion. Egypt's main exports consist of natural gas, and non-petroleum products such as ready-made clothes, cotton textiles, medical and petrochemical products, citrus fruits, rice and dried onion, and more recently cement, steel, and … See more The economy of Egypt used to be a highly centralized economy, focused on import substitution under president Gamal Abdel Nasser (1954–1970). During the rule of president Abdel Fattah el-Sisi (2014–present), the … See more Under comprehensive economic reforms initiated in 1991, Egypt has relaxed many price controls, reduced subsidies, reduced inflation, … See more Agricultural sector Irrigation Irrigation plays a major role in a country the very livelihood of which depends upon a single river, the Nile. Most ambitious of all the irrigation projects is that of the Aswan High Dam, … See more The stock market capitalisation of listed companies in Egypt was valued at $79.672 billion in 2005 by the World Bank dropping to $58 billion in 2012. Investment climate See more From the 1850s until the 1930s, Egypt's economy was heavily reliant on long-staple cotton, introduced in the mid-1820s during the reign of Muhammad Ali (1805–49) and made possible by the switch from basin irrigation to perennial, modern irrigation. Cotton cultivation … See more Land, agriculture and crops Warm weather and plentiful water have in the past produced several crops a year. However, since 2009 increasing desertification has … See more ICT sector The Egyptian information and communications technology sector has been growing … See more fireside buffalo valley rv park wy