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The comparison between 1970 and 2016 shows that global growth has almost doubled, with average world GDP, per capita, growing from around $5,000 to over $10,000. 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. Online tool for visualization and analysis. Dollars) GDP returns to growth in Q1 of FY 2021. Egypt GDP Value was 303 USD Billion in 2021. Forecast is based on an assessment of the economic climate in individual countries and the world economy, using a combination of model-based analyses and expert judgement. This is an alphabetical list of countries by past and projected gross domestic product per capita, based on official exchange rates, not on the purchasing power parity (PPP) methodology. And the UK is doing far better than India with a GDP at PPP per capita … 2005 prices) 2014: 2.2 : GDP growth rate (annual %, const. Productivity by industry (ISIC Rev.3) Quarterly benchmarked Unit Labour Cost indicators – By economic activity. 1) UNITED STATES OF AMERICA - No huge surprise that the United States takes the number one slot with a projected GDP of $23,857 (£16,380bn) billion in 2030. CSV XML EXCEL. GDP per capita (constant 2010 US$) - Egypt, Arab Rep. from The World Bank: Data Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). $100,000 in 2021. Annual GDP per Capita (GDPC) data (constant 2010 dollars) of Egypt from 1960 to 2018 and Saudi Arabia from 1968 to 2018 (due to unavailability of data) is used (Note 1), with 59 observations for Egypt and 51 observation for Egypt is forecasted to be 5-6% GDP growth through 2023. The indicator is measured in USD at 2010 Purchasing Power Parities. GDP per capita is often considered an indicator of a country's standard of living; however, this is problematic because GDP per capita is not a measure of personal income. ; GDP per Capita in Egypt (with a population of 96,442,591 people) was $2,817 in … If one measures GDP at PPP per person a very different picture emerges, with China on $18,000 and the US on $63,000. This is an alphabetical list of countries by past and projected Gross Domestic Product per capita, based on the Purchasing Power Parity (PPP) methodology, not on official exchange rates.Values are given in USDs.These figures have been taken from the International Monetary Fund's World Economic Outlook (WEO) Database, April 2021 edition. By 2030, 5.4 billion people will be middle-class, up from 3 billion in 2015, with Asia’s share of that group widening from 46 percent to 65 percent, according to Standard Chartered and the Brookings Institution. Food and raw agricultural products represent around 19 percent of exports in 2014 (WB, 2015). GDP growth (annual %) - Egypt, Arab Rep. from The World Bank: Data. Trend gross domestic product (GDP), including long-term baseline projections (up to 2060), in real terms. GDP/capita in USD Low-pop 2250 5233 14962 high-pop 2250 3554 6630 Table 2. For example, reaching a per capita income of USD 10,000 for 120 million persons requires that the GDP reaches USD 1.2 trillion in 2030, which is USD 870 billion more Successful achievement of Italy has the eighth-highest nominal gross domestic product (GDP) in the world at $1.16 trillion; the country's per capita GDP stands at $35,896. WDI Tables. Structure of Egypt GDP: from agriculture, manufacturing, mining and … The map shows the forecast of relative GDP growth per inhabitant of that region (GDP per capita) between 2008 and 2030 in relation to the average growth of EU27 for the same period. Singapore's will again cross Int. Egypt’s economic freedom score is 55.7, making its economy the 130th freest in the 2021 Index. Find Out This is a 2.3% increase from its 2016 value of $17,149 (£11,775bn) billion. In ppp data, Luxembourg and Singapore would have gdp per capita of above 100k International dollar. Multi-factor Productivity. While Egypt is projected to meet a number of its goals by 2030, achieving others will require a more transformative effort even beyond that of the Integrated Push. World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2020, building on the lifetimes work of Angus Maddison. Values are given in USDs and have not been adjusted for inflation. AP Photo/Thomas Hartwell Labour productivity levels in the total economy. Zimbabwe (-17), Bhutan (-7), Turkey (-7), Palau (-6), and Egypt (-6) would lose most in the ranking. There will be a new Jan 21, 2019 IMF Economic Outlook. In 2014, Egypt’s gross domestic product (GDP) was estimated at US$ 287 000 million of which the agricultural sector accounted for 14.5 percent. Oil rents amounted up to 15 percent of GDP in the 1990s but are down to 7 percent in 2013. population of Egypt is growing at a rate oscillating around 2 percent per year, and is expected to exceed 120 million people by 2030, these goals will seem unrealistic. Comparisons of national income are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries. The statistic shows gross domestic product (GDP) per capita in Egypt from 1986 to 2026. GDP is the total value of all goods and services produced in a country in a year. Egypt's sweeping reform program aimed at addressing the budget deficit will be part of the reason the country's GDP grows to $471.5 billion by 2030, experts say. Capital Services. The relative change in GDP is based on a baseline scenario based on … Breakdown of Gross Domestic Product per capita in its components. Real GDP per capita (LCU) of Egypt increased from 9,324 LCU in 1970 to 38,426 LCU in 2019 growing at an average annual rate of 2.96%. DataBank. Nominal (current) Gross Domestic Product (GDP) of Egypt is $235,369,129,338 (USD) as of 2017.; Real GDP (constant, inflation adjusted) of Egypt reached $271,709,667,876 in 2017.; GDP Growth Rate in 2017 was 4.18%, representing a change of 10,904,826,784 US$ over 2016, when Real GDP was $260,804,841,092. GDP: Gross domestic product (million current US$) 2010: 214630 : GDP: Gross domestic product (million current US$) 2005: 94456 : GDP growth rate (annual %, const. ... GDP, PPP (constant 2017 international $) GDP (current LCU) GDP, PPP (current international $) GDP per capita growth (annual %) Download. Egypt GDP (Gross Domestic Product) was INT$1,223.40billion for 2020 in PPP terms. - … This video shows the Top 20 countries with highest GDP PPP from 1000 to 2030. In 2019, real GDP per capita (LCU) for Egypt was 38,426 LCU. The projected growth for 2030 sees world per capita GDP growing to around $14,000. GDP per capita is gross domestic product divided by midyear population. It gives a brief history of the world since the 1800s. Twenty-four economies would have per capita gdp above $50,000. In 2020, GDP per capita based on PPP for Egypt was 12,719 international dollars. Egypt - GDP per capita (U.S. GDP per capita based on PPP of Egypt increased from 6,742 international dollars in 2001 to 12,719 international dollars in 2020 growing at an average annual rate of 3.46%. 2005 prices) 2010: 5.1 : GDP growth rate (annual %, const. Labour Productivity Growth. The economy expanded 0.7% year-on-year in the first quarter of FY 2021 (July–September 2020), according to estimates released by the Ministry of Planning and Economic Development. In 2019, Egypt's gross domestic product amounted to around 302.34 billion U.S. dollars. Egypt gdp for was $0.00B, a NAN% decline from . EGP: Egyptian pounds; USD: United States dollars Population scenarios Second National Communication, UN Socioeconomic scenarios These will be the 21 most powerful economies in 2030 Bouncer Tarannum (L) a shares a moment with her friend during Eid al-Fitr celebrations at her house in … The latest comprehensive information for - Egypt GDP per capita PPP - including latest news, historical data table, charts and more. For instance, even this combined scenario only achieves a GDP growth rate of 8.6 percent in 2030, well below the 12 percent targeted in Vision 2030. UNTIL 2030 S.N Indicator Current value 2020 target 2030 target Strategic results 1 Real GDP growth rate (%) 4.2 10 12 2 GDP per capita (USD) 3436.3 4000 10000 3 Share of real GDP in real world GDP (%) 0.21 0.4 1 4 Poverty headcount ratio at national poverty lines (%) 26.3 23 15 5 Percentage of population below the extreme poverty line (%) 4.4 2.5 0 The US could be down to third place in the global GDP rankings while the EU27’s share of world GDP could fall below 10% by 2050 UK could be down to 10th place by 2050, France out of the top 10 and Italy out of the top 20 as they are overtaken by faster growing emerging economies like Mexico, Turkey and Vietnam respectively Projections of gross domestic product (GDP) and GDP per capita. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. Statistics and historical data on GDP growth rate, per capita PPP, constant prices. 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