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What is the GDP of Egypt in 2021?

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What is the GDP of Egypt 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?

Economy of India

Statistics
GDP $3.05 trillion (nominal; 2021 est.) $10.21 trillion (PPP; 2021 est.)
GDP rank 6th (nominal; 2021) 3rd (PPP; 2021)
GDP growth 20.1% (Q1 21/22e) (National Statistical Office) −7.3% (20/21e) 9.5% (21/22f) (WB)
GDP per capita $2,191 (nominal; 2021 est.) $7,333 (PPP; 2021 est.)

What is the average GDP in Egypt?

GDP per capita in Egypt is expected to reach 3050.00 USD by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Egypt GDP per capita is projected to trend around 3170.00 USD in 2022, according to our econometric models.

What is Egypts GDP growth rate?

Egypt gdp growth rate for 2020 was 3.57%, a 1.99% decline from 2019. Egypt gdp growth rate for 2019 was 5.56%, a 0.24% increase from 2018. Egypt gdp growth rate for 2018 was 5.31%, a 1.13% increase from 2017.

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)

How can GDP be calculated?

Accordingly, GDP is defined by the following formula: GDP = Consumption + Investment + Government Spending + Net Exports or more succinctly as GDP = C + I + G + NX where consumption (C) represents private-consumption expenditures by households and nonprofit organizations, investment (I) refers to business expenditures …

What is a GDP growth?

Economic growth – sometimes simply “growth” – typically refers to GDP growth. A country’s gross domestic product or GDP is a measure of the size and health of its economy. An annual GDP growth rate of 3%, then, simply means that the economy has grown by 3% over the past year.

What is the GDP of Egypt in dollars?

Egypt GDP The Gross Domestic Product (GDP) in Egypt was worth 250.90 billion US dollars in 2018. The GDP value of Egypt represents 0.40 percent of the world economy. GDP in Egypt averaged 79.80 USD Billion from 1960 until 2018, reaching an all time high of 332.90 USD Billion in 2016 and a record low of 4 USD Billion in 1962.

When was the last GDP report for Egypt?

This page provides the latest reported value for – Egypt GDP – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Egypt GDP – values, historical data and charts – was last updated on July of 2021.

What was the GDP of Egypt in 2026?

At that time, the Egyptian economy was projected to increase growth to around 5.84 percent in 2026. What is GDP? Gross domestic product, or GDP, is the sum of all consumption, investment, and government spending in an economy, plus the net exports.

What was the GDP of Egypt in 1965?

Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Egypt gdp for was $0.00B, a NAN% decline from .