Egypt FlagEgypt

Lost Is The Person Who Forgets His/Her Past.

 

General


Population: 86,895,099 (2014), 85,294,388 (2013)
Land Area: 1,001,450 sq km
Natural Resources: Petroleum, natural gas, iron ore, phosphates, manganese, limestone, gypsum, talc, asbestos, lead, zinc
Capital: Cairo
Political System: Republic
State Leader: Abdel Fattah Al-Sisi (June 8th 2014)
Head of Government: Hisham Qandil (March 1st 2014)
Languages: Arabic
Currency: Egyptian Pound (EGP)
Major Religions: Muslim 90%, Coptic 9%, Other Christian 1%
Major Ethnicities: Egyptian 98%, Berber, Nubian, Bedouin, Beja 1%, Greek, Armenian, Other European 1%
Life Expectancy: 73.45 years (2014), 73.19 years (2013)

Economy


GDP Official Exchange Rate: 262 billion (2013), 256.7 billion (2012)
GDP Purchasing Power Parity: 551.4 billion (2013), 548.8 billion (2012)
GDP Per Capita (PPP): 6,600 (2013), 6,700 (2012)
GDP Growth Rate: 1.8% (2013), 2.2% (2012)
GDP Structure: Agriculture 14.5%, Industry 37.5%, Services 48% (2013)
Labour Force By Occupation: Agriculture 32%, Industry 17%, Services 51% (2001)
Industries: Textiles, food processing, tourism, chemicals, pharmaceuticals, hydrocarbons, construction, cement, metals, light manufactures
Agriculture Products: Cotton, rice, corn, wheat, fruits, vegetables; cattle, water buffalo, sheep, goats
Human Development Index: 0.682 (110th)(2014), 0.662 (112th)(2013)
Tourism Revenue: 6.328 billion (2004)
Unemployment Rate: 13.4% (2013)

MilitaryEgypt Map


Army Size: 468 500 (2004)
Budget: 3.4% of GDP (2005)

Current Situation

 

Egypt is located in North Africa, Egypt is bordered by Israel, Libya, Palestine and Sudan. Egypt's economy is largely based on Agriculture, Petroleum and Tourism. However investment in Egypt has risen in the past years, thanks to more liberal economic policies.

(2013) Following popular uprisings and a new government, Egypt's growth has slowed down considerably and it remains to be seen when it will return to previous levels.

(2014) Former General Abdel Al-Sisi won the Egyptian presidential elections in 2014 with over 96% of the votes, it remains to be seen if this will lead to any form of stability. Egypt's growth rate will remain low until confidence returns to the economy.

Thoughts & Comments

 

Sources

CIA World Factbook: Egypt
The Economist: The World In 2014
Wikipedia: Egypt
http://hdrstats.undp.org/en/countries/profiles/EGY.html

Updated on: August 23rd, 2014