Economic and socioeconomic factors in Egypt

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Presentation transcript:

Economic and socioeconomic factors in Egypt By: Student

Level of Economic Development Economic Transformation Program GDP Growth to 4.3 (2016), at 2% an year Conditions Improving Conditions Good for investment

Income Distribution & Private Consumption Top 10% earners (30-35 %) lower than developed world (36%) Our target is middle and upper middle class and foreign visitors Private consumption in 2016: 278,357.94 million Steady increase in private consumption

Unit Labor Cost Minimum wage averages at 1200 Egyptian Pound About 68 USD for low skilled labor Around 3500 Egyptian Pounds for high skill labor Favors our project

Social Factors Total Population 95.69 million as of 2016 Population growth rate decreasing slightly At 14th number in the world Population Density 98 people per km 2 Urban population is 38.1%