Table of Contents
What is the gross domestic product of Egypt 2020?
around 361.85 billion U.S. dollars
In 2020, Egypt’s gross domestic product amounted to around 361.85 billion U.S. dollars.
What is Egypt’s GDP in 2021?
280.00 USD Billion
GDP in Egypt is expected to reach 280.00 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Egypt GDP is projected to trend around 340.00 USD Billion in 2022, according to our econometric models.
What was the GDP in 2021?
GDP at Current Prices in the year Q1 2021-22 is estimated at Rs 51.23 lakh crore, as against Rs 38.89 lakh crore in Q1 2020-21, showing a growth of 31.7% as compared to contraction of 22.3% in Q1 2020-21.
What is Egypts GDP ranking?
34th
Economy of Egypt
| Statistics | |
|---|---|
| GDP | $394 billion (nominal, 2021) $1.346 trillion (PPP, 2021) |
| GDP rank | 34th (nominal, 2020) 21st (PPP, 2020) |
| GDP growth | 5.6% (2020) |
| GDP per capita | $3,832 (nominal, 2020 est.) $14,023 (PPP, 2020 est.) |
What is the richest country in the world?
Five countries are regarded as the wealthiest countries globally, and we will talk about each one below.
- Luxembourg. The European country of Luxembourg has been classified and defined as the wealthiest country in the world.
- Singapore.
- Ireland.
- Qatar.
- Switzerland.
What is Egypt’s main source of income?
Egypt’s economy relies mainly on agriculture, media, petroleum imports, natural gas, and tourism.
Does Egypt have a strong economy?
Egypt’s economic growth has been strong and resilient since the economic reforms initiated in 2016. It is one of the few African countries expected to record a positive growth in 2020, at 3.6%, despite the adverse impact of the COVID–19 pandemic.
Which country has highest GDP in 2021?
According to the International Monetary Fund, these are the highest ranking countries in the world in nominal GDP:
- United States (GDP: 20.49 trillion)
- China (GDP: 13.4 trillion)
- Japan: (GDP: 4.97 trillion)
- Germany: (GDP: 4.00 trillion)
- United Kingdom: (GDP: 2.83 trillion)
- France: (GDP: 2.78 trillion)
Which country has highest GDP?
United States
GDP by Country
| # | Country | GDP (abbrev.) |
|---|---|---|
| 1 | United States | $19.485 trillion |
| 2 | China | $12.238 trillion |
| 3 | Japan | $4.872 trillion |
| 4 | Germany | $3.693 trillion |
Where does Egypt get its money?
Is Egypt stronger than Israel?
This is reinforced by the annual rankings of the U.S. based Global Firepower Index, which ranks Egypt as having the ninth most powerful military in the world, while Israel is ranked as having the eighteenth.
What is the per capita GDP of Egypt?
The GDP per Capita in Egypt is equivalent to 24 percent of the world’s average . source: World Bank GDP per capita in Egypt averaged 1575.83 USD from 1960 until 2019, reaching an all time high of 3008.80 USD in 2019 and a record low of 578.30 USD in 1960.
What is the formula for gross domestic product?
According to some experts, GDP is not proposed to determine material well-being, but serves as an indicator of the country’s productivity. Formula for Gross Domestic Product (GDP) The general formula used for calculation of the Gross Domestic Product is: GDP = C + G + I + NX.
How big is US GDP?
The GDP of the U.S. was reported by the U.S. Bureau of Economic Affairs as $18.6 trillion as of the end of 2016, or about 25% of the world GDP of about $76 trillion.
What is US GDP data?
Gross domestic product (GDP), the featured measure of U.S. output, is the market value of the goods and services produced by labor and property located in the United States.For more information, see the Guide to the National Income and Product Accounts of the United States (NIPA) and the Bureau of Economic Analysis .