This website uses cookies to ensure you have the best experience. Learn more

Egypt Economic Analysis

9754 words - 39 pages

1. Introduction Egypt is a country which has a well developed economy. It supported by agriculture, tourism and industry. There is a steady increase of the GNP and the annual growth rate. The 2003 estimation states that the GDP of the year 2003 is $295.2 billion with contributions of 17% from agriculture and 32% from industry. The remaining 51% was contributed from the service sector. The country is enriches with abundant natural resources which provides the country with a large income. Egypt's natural resources include petroleum, natural gas, phosphates, and iron ore and oil and gas accounted for approximately 7% of GDP of fiscal year 2000-01. The main imports of the country are machinery and equipment, foods, chemicals, wood products, fuels. Furthermore, their main export commodities are crude oil and petroleum products, cotton, textiles, metal products, chemicals.The report provides information not only on the economy of Egypt but it further states about the population factors, distribution channels and also about media. Moreover, the political risk assessment which includes the conflict situations and import and export regulations. These information is important for an exporter when doing business with foreign countries.3.0 Economic Statistic and Activity 3.1 Gross National Product 3.1.1 Total GDP - Purchasing Power Parity - $316.3 billion (2004 est.) 3.1.2 Rate of growth GDP- real growth rate ? 4.5% (2004 est.) Year 1999 2000 2001 2002 2003 2004 GDP real growth rate (%) 6.1 5.4 3.5 3.2 3.1 4.5 ( The GDP growth, which ranged between 4% and 6% during the 2nd half of the 1990s, declined steadily to 3.1% in 2003. Since then a recovery has taken place, driven mainly by growth rate of 4.5% in 2004. Due to the recovering that has taken a place, GRT tea exporters will be benefited exporting its product the Egypt market.3.2 Personal Income per capita In 2004 Per capita income was ? purchasing power parity $ 4,200.The people?s income in the country is very important for any company to lounge its product. In this situation GRT company need to keep a closer look at the personal income of the citizen in Egypt.( 3.3 Average Family Income Household income by percentage share: Lowest 10% - 4.4% Highest 10% - 25% (1995) The average family income is also a very important factor that should be given consideration. Though the personal income can be high, but if the family is a big family and only one person is earning money then the average will become very low. According to the data it shows the family income of the lowest 10% is only 4.4% which is very low, comparing to the highest family income average which is 25%. This clearly shows that there is a variation in the average family income in Egypt. Hence the GTR Company needs to be aware of the markets that they are going to cater it?s...

Find Another Essay On Egypt- Economic analysis

Economic Research about Ministry of Communication and information technology In Egypt

2084 words - 8 pages often the case with modernization of industry, with downsizing and streamlining of companies. Expansion of the workforce, in the process of reaching the world stage, is being achieved through the creation of new and larger markets and capacity building.The government admitted that an open, market oriented, and stable economic environment is a necessary, but not sufficient condition to building a knowledge based society in Egypt. What was needed in

Power shift in Water Governance of Transboundary River Basins

3307 words - 13 pages Agreement (CFA) without the consent of Egypt and unilateral development projects as a counter hegemony like Grand Ethiopian Renaissance Dam (GERD). • The political regime change in Egypt which has diverted the government attention from 'water security'. • The increasing water demand across the basin following the increase in population and economic advancement. From the above analysis we can conclude that the dominance of Egypt over the governance of

Sayyid Qtub

1474 words - 6 pages country • In the chaotic aftermath, Albanian Muhammad Ali became the Ottoman governor of Egypt Significant Person - Sayyid Qutb • Muhammad Ali, tried to modernise Egypt. • Seen as the father of modern Egypt • He built a new army, new factories with machinery. • He devised a new tax system. • The whole Egyptian society was altered. Egypt in 19th Century Significant Person - Sayyid Qutb • The new economic system

What were the impact of President Nasser’s social policies in Egypt between 1953 and 1967?

2434 words - 10 pages , leading to a period of profound economic and political change, not only in Egypt, but throughout the Arab world. During his time, Nasser revolutionized the economy and education, as well as improving the lives of the general public, particularly women. Through the close analysis of primary sources, and further research into historians’ work the influence of Nasser’s policies on the people will be evaluated. Before 1953, Egypt’s economy was in disarray

The Misconceptions of Hope in Economics and Finance: A Hidden Message of Hope for the Little Fish of a Brighter Economic Future

1949 words - 8 pages in office, World Economic growth went from 5.6% +/- to -.75% +/- "GDP - Real Growth Rate - Historical Data Graphs per Year." Index Mundi - Country Facts. Web. 22 Sept. 2011. . Former Vice President Dick Cheney is a prime example of a modern day “Big Fish” looking to eat up “Little fish” that I will show has a historical correlation to that of a Pharaoh, historical Kings of Egypt. The “Little Fish


1245 words - 5 pages Introduction: Is the treatment of Palestinian Refugees in Egypt ethical? My proposed answer, that the treatment of Palestinian refugees in Egypt is not ethical, may come as no shock to some. While to others, it may seem that my conclusion is extremely peculiar, since I am saying that the “Arabs” in the Arab-Israeli conflict aren’t properly supporting their own. The whole picture however, does not simply put blame on Egypt. We see the

18th dynasty of king tut

4659 words - 19 pages Ancient Egypt, civilization that thrived along the Nile River in northeastern Africa for more than 3,000 years, from about 3300 bc to 30 bc. It was the longest-lived civilization of the ancient world. Geographically, the term ancient Egypt indicates the territory where the ancient Egyptians lived in the valley and delta of the Nile. Culturally, it refers to the ways ancient Egyptians spoke, worshiped, understood the nature of the physical world

The Problems of Establishing a Standardised Methodology

1772 words - 7 pages whatever tools are needed to solve the problems they face”, and they have certainly made an admirable effort. In his Framing the Early Middle Ages, Wickham examines the economic development of the fragments of the Roman Empire, paying particular attention to the ruler maximisation of available resources. He treats Egypt like a control sample for a Braudel-esque geographical survey of the countries to be compared. Although his treatment of Egypt as

The Role of Political Islam in Egypt’s Domestic

1000 words - 4 pages - economic sphere. Thus, the key question on the impact of policies of Islamic fundamentalists in Egypt is not that they are set against the democratization of the political system, and thus is not in theory but in practice. Events in Egypt have shown that even the most radical groups are ready to legalize their status and take an active part in the political process. The real problem isopacity that they are still unable to make their own transformation, which could contribute to the output state of the socio- economic crisis. And this is probably the only difference between "Muslim Brotherhood" of Islamist political forces of Iran and Turkey.

Early marriage

2451 words - 10 pages Early marriage is dynamically more perceived as a discriminating issue, it is considered as a negation to the young girls' rights. This paper investigates the matter of early marriage in Egypt. It highlights particularly the cause behind its persistence, its negative effects, explains to what extent it represents an obstacle to the girls' education and how it deprives girls from the right of making choices in life. From a wide-ranging analysis

The Syrian Uprising: Ash-shab yurid isqat an-nizam

997 words - 4 pages , it seems thus critical to ask two questions. First, what were the underlying factors that initially demanded an uprising in Syria? Second, what factors explain why the Syrian Uprising has not yet been successful? This paper will argue that hold that Syria had many of the socio-economic and political problems that were also found in Tunisia and Egypt, but that these factors cannot explain all. Thus, a crucial part of this analysis will look at

Similar Essays

Liberalization Of Trade And Economic Integration (Example On 4 Ld Cs: Syria, Tunis, Ethiopia, Egypt)

5970 words - 24 pages eliminate all remaining non-tariff barriers."Egypt Fights Trade Restrictions"Egypt is trying to drop its trade restrictions and subsidies, allowing developing countries to find a fairer, more receptive international market.U.S. exports face specific import barriers, such as high tariffs and quality control requirements that discriminate against imports. Under an economic reform program developed in conjunction with the World Bank and IMF, the Egyptian

Deep Economic Crisis In Egypt Essay

672 words - 3 pages Egypt, though known around the world for its historical legacies and for its pyramids, is experiencing a deep economic crisis. The country's foreign currency reserves are less than half of what they were before the 2011 uprising that threatened Egypt's ability to pay for its own food and fuel. We see this economic crisis in Egypt's budget deficit; 14 percent of its gross domestic product (GDP) and we see it in its overall debt. Many attribute

Economic And Political Issues In Egypt

1055 words - 5 pages What was once a great and powerful empire has started to become a civil war zone. They created the Pyramids and one of the first recorded libraries. While Egypt has had hard times in the past, they recovered from them, the civil war that they are in right now will be harder to recover from once it’s over. With war and economic problems causing people to die frequently due to either starvation or gunfire, Egypt struggles to survive and bounce

Social And Economic Issues In Egypt

1037 words - 5 pages What was once a great and powerful empire has started to become a civil war zone. They created the Pyramids and one of the first recorded libraries. While Egypt has had hard times in the past, they recovered from them, the civil war that they are in now will be harder to recover from once it’s over. With war and economic problems causing people to die frequently due to either starvation or gunfire, Egypt struggles to survive and bounce back from