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Economic and socioeconomic factors in Egypt
By: Student
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Level of Economic Development
Economic Transformation Program GDP Growth to 4.3 (2016), at 2% an year Conditions Improving Conditions Good for investment
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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, million Steady increase in private consumption
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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
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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%
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