Arabic, English and French widely understood by educated classes
Economic Overview
Key economic indicators for Egypt
GDP:
$1.912 trillion
GDP per Capita:
$16,700
GDP Growth:
3.76%
Inflation:
33.88%
Unemployment:
7.31%
Public Debt:
103% of GDP
Credit Rating:
B (2018)
Political System
Governance structure of Egypt
Government Type:
presidential republic
Head of State:
President Abdel Fattah EL-SISI (since 8 June 2014)
Head of Government:
Prime Minister Mostafa MADBOULY (since 7 June 2018)
Judiciary:
Supreme Constitutional Court (SCC) (consists of the court president and 10 justices); the SCC serves as the final court of arbitration on the constitutionality of laws and conflicts between lower courts regarding jurisdiction and rulings; Court of Cassation (CC) (consists of the court president and 550 judges organized in circuits with cases heard by panels of 5 judges); the CC is the highest appeals body for civil and criminal cases, also known as "ordinary justices"; Supreme Administrative Court (SAC) (consists of the court president and NA judges and organized in circuits with cases heard by panels of 5 judges); the SAC is the highest court of the State Council
Administrative Divisions:
27 governorates (muhafazat, singular - muhafazat); Ad Daqahliyah, Al Bahr al Ahmar (Red Sea), Al Buhayrah, Al Fayyum, Al Gharbiyah, Al Iskandariyah (Alexandria), Al Isma'iliyah (Ismailia), Al Jizah (Giza), Al Minufiyah, Al Minya, Al Qahirah (Cairo), Al Qalyubiyah, Al Uqsur (Luxor), Al Wadi al Jadid (New Valley), As Suways (Suez), Ash Sharqiyah, Aswan, Asyut, Bani Suwayf, Bur Sa'id (Port Said), Dumyat (Damietta), Janub Sina' (South Sinai), Kafr ash Shaykh, Matruh, Qina, Shamal Sina' (North Sinai), Suhaj
Major Political Parties
Not specified
International Relations
Global position and alliances
UN Member:
Yes
EU Member:
Yes
Diplomatic Presence:
3521 International Court NW, Washington, DC 20008
Major Alliances and Organizations
AUBRICS
Economic Sectors & Trade
Detailed economic breakdown
Major Economic Sectors
Agriculture
11.6% (2023 est.)
Industry
32.1% (2023 est.)
Services
51.3% (2023 est.)note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data
Trade Volume
Exports:
$68.218 billion
Imports:
$82.265 billion
Major Trading Partners
Saudi Arabia 10
Turkey 9
Italy 6
USA 5
UAE 5
Economic Outlook
Egypt has a 3.76% GDP growth rate with 33.88% inflation. The economy is characterized by a strong agriculture sector.