Mining, manufacturing and utilities activities contributed 26.8% to the gross value added (GVA) in 2022, followed by wholesale, retail and hotels (16.8%), agriculture (12.0%). In nominal terms, the three sectors are expected to grow by 17.2%, 17.0% and 18.2%, respectively, in 2023.
Cairo and Alexandria are the best performing metropolitan areas in the country. They together accounted for 26.4% of the total GDP of the country and 15.6% of the total population in 2022, according to the publisher's cities database.
The HERMES index exhibited an upward trend during last year. As of April 17, 2023, the index stood at 1,871.3, compared to 1,129.6 on April 17, 2022.
Cairo and Alexandria are the best performing metropolitan areas in the country. They together accounted for 26.4% of the total GDP of the country and 15.6% of the total population in 2022, according to the publisher's cities database.
The HERMES index exhibited an upward trend during last year. As of April 17, 2023, the index stood at 1,871.3, compared to 1,129.6 on April 17, 2022.
Scope
- According to the World Bank, Logistics Performance Index (2023), Egypt ranked 57th out of 139 nations in the parameter of logistics performance in 2023
Reasons to Buy
- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure
- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
- Along with providing the country's snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business
- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies' presence in these areas.
Table of Contents
- List of Exhibits
- Did You Know?
- Country Highlights
- Key Economic Updates
- Country Snapshot
- Political Landscape
- Economic Landscape
- Social Landscape
- Technological Landscape
- Legal Landscape
- Environmental Landscape
- Outlook
- Exhibit 1: Egypt’s performance in terms of its country risk analysis in comparison to Middle East and North Africa and the World average
- Exhibit 2: Performance overview (score: 1-100)
- Exhibit 3: Broad categories and weights behind the index
- Exhibit 4: Egypt’s Stock Exchange Index - HERMES Index (April 2022 - April 2023)
- Exhibit 5: Egypt’s exchange rate (April 2022 - April 2023)
- Exhibit 6: Key sectors contribution to the economy (2018-25f)
- Exhibit 7: Investment by sector (Q1 2020-Q4 2021)
- Exhibit 8: Net FDI inflow in Egypt by country (2018-19 - 2021-22)
- Exhibit 9: Key infrastructure indicators
- Exhibit 10: Real GDP and household consumption growth rate (2018-25f)
- Exhibit 11: Real GDP growth rate comparison (2022)
- Exhibit 12: Volume of export and import of goods and services growth (2018-25f)
- Exhibit 13: Current account balance (2018-25f)
- Exhibit 14: Top three commodity exports, % of total exports, (2017-21)
- Exhibit 15: Mineral fuels, mineral oils and products of their distillation, % of world’s total (2021)
- Exhibit 16: Interest rates (March 2018 - March 2023)
- Exhibit 17: Exchange rate and inflation (2018-25f)
- Exhibit 18: General government deficit (2018-25f)
- Exhibit 19: General government debt (2018-25f)
- Exhibit 20: Unemployment rate (2018-25f)
- Exhibit 21: Average annual wages (2018-25f)
- Exhibit 22: Labor cost index (2018-25f)
- Exhibit 23: Rural/urban share of total population (1995, 2005, 2015, 2025f)
- Exhibit 24: Age-group share of total population (2005, 2015, 2025f)
- Exhibit 25: Gender split (1995, 2005, 2015, 2025f)
- Exhibit 26: Internet users as a percentage of total population, mobile penetration rate and broadband penetration rate (2022)
- Exhibit 27: Number of patents granted per million population (2021)
- Exhibit 28: High-technology exports, % of manufactured exports (2021 or latest)
- Exhibit 29: Rule of law (rankings), 2022
- Exhibit 30: Corruption perceptions index (rankings) (2022)
- Exhibit 31: Renewable energy capacity (2017-21)
- Exhibit 32: CO2 emissions (2017-21)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- PAS
- AlexBank
