:: Business in Egypt ::

Key Economic Indicators

Indicator

97/98

98/99

99/2000

2000/01

Nominal GDP at Market Prices ($ bn)

82.5

88.9

97.8

94.6

Real GDP Growth (%)

5.7

6.1

5.1

4.9

Share of Private Sector in GDP (%)

70.7

74.9

73.1

76

Real GDP Per Capita ($)

1,329

1,318

1,373

1,162

Unemployment (%)

8.5

8.2

7.9

7.6

Average Annual Inflation (%)

3.8

3.8

2.8

2.4

Budget Deficit (% of GDP)

1.0

4.2

4.7

4.5*

Exports ($ bn)

5.1

4.4

6.4

7.1

Imports ($ bn)

16.9

17.0

17.9

16.4

Trade balance ($ bn)

(11.8)

(12.6)

(11.5)

(9.4)

Foreign Direct Investment ($ million)

1104

711

1656

509

Net Intl Reserves (LE millions)

81,616

66,459

61,033

59,716

Key Economic Indicators

The Privatization Program

Fiscal Policy

Monetary Policy

Reforms in Egypt