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Change in per capita GDP of Egypt, 1820–2018. Figures are inflation-adjusted to 2011 International dollars. 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. [25]
Free the World: Economic Freedom of the World 2007, ranked 76 out of 141; International Monetary Fund: GDP (nominal) per capita 2007, ranked 115 out of 179 countries; International Monetary Fund: GDP (nominal) 2006, ranked 51 out of 181 countries; World Economic Forum: Global Competitiveness Index 2006–2007, ranked 63 out of 125 countries
The Global Competitiveness Report (GCR) [1] was a yearly report published by the World Economic Forum. Between 2004 and 2020, [2] the Global Competitiveness Report ranked countries based on the Global Competitiveness Index, [1] developed by Xavier Sala-i-Martin and Elsa V. Artadi. [3]
These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database, October 2024 Edition. [1] The figures are given or expressed in Millions of International Dollars at current prices.
Egypt's government debt-to-GDP ratio reached an all-time high of 103% of GDP in 2017, and a record low of 73.3% of GDP in 2009. [6] [7] Egypt's debt service from debt installments and interest amounted to about US$42.3 billion during 2024, its highest bill ever required to be paid in a single year, after external debt jumped to about US$165 ...
Egypt's struggling economy faces new risks as the war in the neighbouring Gaza Strip threatens to disrupt tourism bookings and natural gas imports. Oil-rich Gulf countries, which repeatedly ...
Egypt's Ministry of Military Production has developed an integrated plan to develop the country's system of military manufacture, at a value of £E 7.3bln (US$465,000,000). The overall plan aims to meet the needs of the Egyptian Armed Forces from 2020 to 2030, and to direct the surplus for export in the period from 2025 to 2030. [31]
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