Egypt Country profile

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January 2020

Egypt lags neighbouring Middle Eastern countries on measures of per capita income, and performs in line with the regional average on indicators of creditworthiness and business climate. But the economic outlook is positive, supported by production and investment in extractive industries. The government remains committed to ongoing implementation of economic reforms following the recent conclusion of its IMF program.

Figure
This chart is a cobweb diagram showing how a country measures up on four important dimensions of economic performance—per capita income, annual GDP growth, business climate and creditworthiness. Per capita income is in current US dollars between 2020 and 2024 as provided by the IMF. Annual GDP growth is the five-year average between 2020 and 2024. Business climate is measured by the World Bank’s Ease of Doing Business ranking of 190 countries. Creditworthiness attempts to measure a country's ability to honour its external debt obligations and is measured by its OECD country credit risk rating. The chart shows not only how a country performs on the four dimensions, but how it measures up against other comparable countries.