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In 2009 Egypt was the biggest recipient of remittances in the Middle East; an estimated US$7.8 bn was received in 2009, representing approximately 5% of national GDP, with a decline of 10% from 2008, due mostly to the effect of the financial crisis.
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.
Values are given in USDs and have not been adjusted for inflation. These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database (October 2024 edition), [1] World Bank, or various sources.
On Tuesday, the Organization for Economic Cooperation and Development (OECD) predicted that the global economy will shrink by 2.75 percent in 2009, but will begin to rebound in 2010 with a modest ...
From 2004 to 2008 the Mubarak government pursued economic reform to attract foreign investment and increase GDP, later postponing further reforms because of the Great Recession. The international economic downturn slowed Egypt's GDP growth to 4.5 per cent in 2009.
This is a list of governorates of Egypt by GDP and GDP per capita. The Egyptian pound (EGP) has been converted to the international dollar using the IMF's Purchasing Power Parity conversion rate (one International dollar per 4.538 EGP in 2021).
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 ...
In 2009, the petrochemical industry consumed approximately 4.8 billion cubic meters. [8] From 1999 to 2010, approximately 176 foreign energy companies invested in Egypt's abundant, fuel resources. [7]