Egypt

Egypt Economic Outlook

  • Economic growth has softened, the fiscal and balance-of-payments deficits have deteriorated, and foreign exchange reserves have fallen to a critical minimum level.
  • Two years after the Arab Spring uprising, Egyptians – many of whom are livingbelow the poverty line – are still waiting to reap the full benefits of lastingsocial, political and economic change.
  • Egypt has potential both for structural transformation towards a moreproductive economy and for optimal use of its immense resource wealth, provided that vital policy reforms are introduced.

Contacts

Egypt field office

African Development Bank Group
72b, Al-Maahad El-Eshteraky st. 5th floor
Afreximbank Bldg. – Opposite to Marryland Roxy /Heliopolis
Cairo, Egypt

Phone: (202) 22 563 790/1
Fax: (202) 22 563 792

Mrs. Leila Mokaddem, Resident Representative

Department North Africa Region

Director North Africa Region, Mr. Jacob Kolster

Temporary Relocation Agency (TRA)
15 Avenue du Ghana
P.O.Box 323-1002, Tunis-Belvédère, Tunisia

Phone: (+216) 71102065
Fax: (+216) 71330087





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Did you know

40 percent of the population in Egypt is estimated to live on less than two dollars a day and around 21 percent lives on less than one dollar a day

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Key Facts

Flag:
Capital: Cairo
Area: 1,001,000 sq km
Total Population 2012: 84.0 Million
Urban Population 2012: 43.71%
Female Population 2012: 49.79%
GDP: US$ 253.9 Billion
GNI Per Capita 2012: US$ 2,600
Inflation Rate: 8.70%
Crude Birth Rate (per 1000): 22.48%
Human Development Index (rank / 187): 112
Human Development Index (scale 0 to 1): 0.662
Membership Date: 14/09/1964
Cumulative Approvals (1967-2012): UA 3.8 Billion

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