Macro+economic+statistics+and+indicators,+trade+partners

=Macro-Economic Statistics and Indicators / Trade Partners of Egypt= = = __Macro-Economics Trends__

Egypt has had a strong economy for the past few decades. It has been growing on average of 4-5% and has been one of the prospering country in Africa.

In the 1950s and 1960s, under Nasser's rule, strong industries such as iron and steel became nationalized, however when Sadat took over, he took an open door policy which allowed the economy to grow through trade liberalization.

Under Mubarek, Egypt had to undertake many economic reforms guided by international institutions, and lenders, which caused a growth in the private sector.

The table below shows some very important statistics on Egypt's economy. Please note that Egypt's IMF voting power in 2006 was only 0.45%, which is ultimately negligent. Another interesting fact is that Egypt spends 64,465 million EGP only on subsidies, which is an extremely large number. Also another important piece of data is that Egypt's economic growth is 5.2%, while prospering countries like the USA and the UK are growing only 1% per year. Macua, has a growth of 15% which is the highest in the world. Egypt's unemployment rate is 10.3%, while the US has an 8.9% unemployment rate.
 * Economic Statistics || 2001 || 2002 || 2003 || 2004 || 2005 || 2006 || 2007 || 2008 || 2009 ||
 * Nominal GNP (EGP bn) || 373.6 || 393.2 || 432.1 || 502.8 || 563.3 || 649.4 || 773.8 || 897.0 ||  ||
 * Nominal GDP (EGP bn) || 358.7 || 378.9 || 417.5 || 485.3 || 536.6 || 618 || 730 || 847 || 1008 ||
 * Real GDP Growth || 3.5 || 3.2 || 3.1 || 4.1 || 5.0 || 6.9 || 7.1 || 7.2 || 5.2 ||
 * Inflation || 2.4 || 2.4 || 3.2 || 10.3 || 11.4 || 4.4 || 7.62 || 12 ||  ||
 * Current Account Balance (USD m) || -33 || 614 || 1943 || 3418 || 2911 || 1752 || 2696 ||  ||   ||
 * Development Assistance (USD bn) ||  ||   ||   || 1.3 [|[19]] ||   ||   ||   ||   ||   ||
 * Population (m) || 65.3 || 66.6 || 68.0 || 69.3 || 70.7 || 72.1 || 73.5 || 75.0 ||  ||
 * Labor Force || 19.3 || 19.9 || 20.4 || 20.9 || 21.8 || 21.8 || 22.9 || 23.6 * ||  ||
 * Unemployment (%) || 9.2 || 10.2 || 11.0 || 10.3 || 11.2 || 10.3 ||  ||   ||   ||
 * Population below Poverty Line (%) ||  ||   ||   ||   ||   ||   ||   ||   ||   ||
 * Merchandise Imports (fob: USD m) || 16441 || 14637 || 14821 || 18286 || 24193 || 30441 || 37834 ||  ||   ||
 * Merchandise Exports (fob: USD m) || 7078 || 7121 || 8205 || 10453 || 13833 || 18455 || 22018 ||  ||   ||
 * Net Foreign Direct Investment (FDI: USD m) || 509.4 || 428.2 || 700.6 || 2107.2 || 3901.6 || 6111.4 ||  ||   ||   ||
 * GDP Composition ||  ||   ||   ||   ||   ||   ||   ||   ||   ||
 * -- Agriculture || 14 || 16 || 17 || 15 || 14 || 15 ||  ||   ||   ||
 * -- Industry[|[20]] || 30 || 32 || 33 || 31 || 33 || 36 ||  ||   ||   ||
 * -- Services || 56 || 53 || 50 || 54 || 53 || 49 ||  ||   ||   ||
 * Subsidies (EGP m) || 18,050.9 || 20,649.2 || 24,751.7 || 29,706.0 || 68,897.0 || 51,844.0 || 64,465.0 ||  ||
 * Fiscal Balance, (-) Deficit (% of GDP) ||  || -10.2% || -10.5% || -9.5% || -9.6% || -8.2% || -6.7% || -6.9% ||   ||
 * Electricity Generation (GW·h) || 75599 || 83012 || 88855 || 94067 ||  ||   ||   ||   ||   ||
 * Per Pound USD Exchange Rate || 4.49 || 4.50 || 6.15 || 6.13 || 5.73 || 5.71 || 5.54 || 5.30 [|[21]] ||
 * [|IMF] Voting Power ||  ||   ||   ||   ||   || 0.45%[|[22]] ||   ||   ||   ||

http://en.wikipedia.org/wiki/Economy_of_Egypt#Macroeconomic_trend

http://www.infoplease.com/ipa/A0107484.html

http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(real)_growth_rate

http://en.wikipedia.org/wiki/List_of_countries_by_unemployment_rate

http://en.wikipedia.org/wiki/Economy_of_Egypt#Macroeconomic_trend