Egypt Country profile

Egypt_1600x420.jpg

March 2018

Egypt lags neighbouring Middle Eastern countries on measures of per capita income, creditworthiness and business climate. But growth and the economic outlook is on the mend as the government implements much needed economic reforms under the guidance of an IMF program. 

Figure
This chart is a cobweb diagram showing how a country measures up on four important dimensions of economic performance—per capita income, annual GDP growth, business climate and creditworthiness. Per capita income is in current US dollars for 2016 as provided by the IMF as there aren’t any IMF estimates beyond 2016. Annual GDP growth is for 2018. Business climate is measured by the World Bank’s Ease of Doing Business ranking of 190 countries. Creditworthiness attempts to measure a country's ability to honour its external debt obligations and is measured by its OECD country credit risk rating. The chart shows not only how a country performs on the four dimensions, but how it measures up against other comparable countries.