Egypt Key Economic Indicators
 


REAL ECONOMY
(Updated Annually. Next update January 2008)

          Historical data

2000/01 2001/02 2002/03 2003/04 2004/05 2005/06 2006/07f**

Nominal  GDP at Market Prices ($bn)*

93.1 84.0 69.3 78 93 108.4 117.7
Real GDP Growth (%) 3.4 3.2 3.2 4.1 4.5 6.8 6.8
Population (mn)*** 64.7 66 67.3 68.6 70 71.3 72.6
Real GDP Per Capita ($) 1,285 1,273 963 1,036 1,323 1,520 1,653
Share of Private Sector in GDP 70.7 65.4 64.9 62.2 62.3 62.9 na
Unemployment (%) 9.2 9 10.5 11.1 10.5 10.9 na

*Value in $ based on end of period exchange rate.
**Forecast data for 2006/07 are calculated from Beltone, Egypt Strategy Note, January 25, 2007.
***Population in A.R.E. (excluding population abroad). Values compiled from the Central Bank of Egypt (CBE), Monthly Statistical Bulletin, November 2006.
Sources: Ministry of Trade and Industry, Egypt, Monthly Economic Digest, November 2006.


FISCAL & MONETARY AGGREGATES
(Updated Annually. Next update January 2008)

      Historical data
00/01
01/02
02/03
03/04 04/05 05/06
Nominal Interest Rate*
9.08
7.79
8.31
8.41
10.25
8.8
Total Liquidity (M2) (Annual % Change)
11.6
15.4
16.9
13.2
13.6
13.5
Dollarization (% of M2)
21.3
23.2
27.3
28.4
24.5
24.5
Exchange Rate (End of Period) (LE/$)
3.858
4.51
6.032
6.22
5.79
5.746
Budget Deficit (% of GDP)
5.6
10.2
10.5
6.5
9.6
7.9
Period Average Inflation(%)
2.4
2.4
7.1
9.5
11.7
4.18

* Based on annual Average 3-month t-bill rate
**Starting in 2000, deficit includes only the budget sector, which refers to the Central and Local Governments, and the Public Services Authorities.
Source: Ministry of Trade and Industry, Egypt, Monthly Economic Digest, November 2006.


COUNTRY RISK INDICATORS
(Updated Annually. Next update January 2008)

    Historical data
00/01
01/02
02/03
03/04 04/05 05/06 06/07f*
Net International Reserves ($bn)
14.2
14.1
14.8
14.8
19.2
22.9 26
Import Coverage (months)
10.4
11.6
12
9.7
9.6
9 8.2
External Debt ($ bn)
26.6
28.7
29.4
29.9
28.9
28.9 31.5
External Debt (% of GDP)
28.5
34
42.5
38.1
31.3
27.6 24.5
Debt Service Ratio
7.3
9.7
10.1
9.2
7.9
7.3 na

Forecast data for 2006/07 are calculated from Beltone, Egypt Strategy Note, January 25, 2007.
Sources: Ministry of Trade and Industry, Egypt, Monthly Economic Digest and Central Bank of Egypt, Monthly Statistical Bulletin, November 2006.


STOCK EXCHANGE INDICATORS
(Updated Annually. Next update January 2008)

      Historical data
00
01
02
03
04 05 06
Market Capitalization (LE billion) 119.8 111.4 120.2 71.9 233.9 456.3 534
Market Capitalization (% of GDP) 35.6 30.2 31.1 42.4 52.6 86.7 80
Value of Trading for Listed Securities (LE million) 54,0 31,8 34,2 27,8 42,4 160,6 287
Volume of Trading for Listed Securities (million) 1,1 1,3 0.9 1,4 2,4 5.3 9.1
Number of Companies Listed 1,076 1,110 1,151 978 795 744 595
Number of Companies Traded 659 643 671 540 503 441 407
Foreign Participation (% of total trading volume) 25
17
19
20 27 30 30
Turnover Ratio 38.2
22.1
21.5
13.8 15.5 31.1 48.7

Sources: Ministry of Trade and Industry, Monthly Economic Digest, November 2006; CASE Annual Report, 2006


EXTERNAL SECTOR
(Updated Annually. Next update January 2008)
    Historical data
00/01 01/02
02/03
03/04 04/05 05/06 06/07f**
Exports ($bn)
7.1
7.1
8.2
10.5
13.8
18.4 24.5
Imports ($bn)
16.4
14.6
14.8
18.3
24.2
30.4 38
Trade balance ($bn)
-9.4
-7.5
-6.6
-7.8
-10.4
-12 13.5
Current account/GDP (%)
-0.04
0.7
2.4
4.4
3.3
1.6 1.6
Foreign Direct Investment ($ million)
509
428
701
407
3,902
6,111 na

 

 

 

 



* Including FDI in the petroleum sector.
**Forecast data for 2006/07 are calculated from Beltone, Egypt Strategy Note, January 25, 2007. Source: Ministry of Trade and Industry, Egypt, Monthly Economic Digest, November 2006


Composition of Trade (% of total)

Exports
04/05 05/06  
Imports
04/05
05/06
Fuel
39.6
56.5   Fuel 10.1
8.5
Cotton
0.9
0.8   Raw Materials 17.9
17
Raw Materials
4.3
2.8   Intermediate Goods 28.1 27.7
Semi-manufactured Goods
5.6
6.4   Investment Goods 20.2
25.9
Finished Goods
38.7
28   Consumption Goods 13.2
11.6
Others
10.8
5.4   Others 10.4
9.3

Source: Central Bank of Egypt, Monthly Statistical Bulletin, January 2007.



Geographic Distribution of Trade (% of total)

Region Origin of Imports Destination of Exports
04/05 05/06 04/05 05/06
EU 32.4 37.1 37.2 37.7
Other European Countries 8.2 7.7 5.4 5.2
Russian Federation and C.I.S 2.3 2.4 0.4 0.4
USA 21.6 18.8 33.4 30.6
Arab Countries 8.8 9 11.3 11.5
Asian Countries (excluding Arab Countries) 14.9 14.6 10.0 11.4
African Countries (excluding Arab Countries) 0.6 0.6 1.3 1.4
Australia 0.5 0.9 0.1 0.1
Other Countries and Regions 10.7 8.9 0.9 1.9

Source: Central Bank of Egypt, Monthly Statistical Bulletin, January 2007.


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