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Egypt

Occupying the northeast corner of the African continent, Egypt is bisected by the highly fertile Nile valley, where most economic activity takes place. Egypt's economy was highly centralized during the rule of former President Gamal Abdel NASSER but has opened up considerably under former President Anwar EL-SADAT and current President Mohamed Hosni MUBARAK. Cairo from 2004 to 2008 aggressively pursued economic reforms to attract foreign investment and facilitate GDP growth. The global financial crisis has slowed, but not stopped, the reform efforts. The international economic downturn slowed Egypt's GDP growth to...  More..

Economy of Egypt
SOURCE: CIA - The World Factbook
Currency Egyptian Pound
Fiscal Year 01 July - 30 June
GDP (PPP) $471.2 billion (2009 est.)
GDP (per capita) $6,000 (2009 est.)
Exports $22.91 billion (2009 est.)
Imports $43.98 billion (2009 est.)
Main Industries Textiles, Food Processing, Tourism, Chemicals, Pharmaceuticals, Hydrocarbons, Construction, Cement, Metals, Light Manufactures
Exports - Commodities Crude Oil and Petroleum Products, Cotton, Textiles, Metal Products, Chemicals, Processed Food
Imports - Commodities Machinery and Equipment, Foodstuffs, Chemicals, Wood Products, Fuels
Exports Partners Italy 9.5%, US 7.1%, Spain 6.2%, India 6%, Syria 4.7%, Saudi Arabia 4.6%, Japan 4.5%, Germany 4.5% (2008)
Imports Partners US 10.2%, China 9.9%, Italy 7.3%, Germany 6.8%, Saudi Arabia 4.8% (2008)

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