Indicators
ECONOMY
|
00/01 |
01/02 |
02/03 |
03/04 |
04/05 |
05/06 |
06/07 |
07/08f |
Nominal GDP at Market Prices ($bn)* |
93.1 |
84.0 |
69.3 |
78 |
93 |
108.4 |
128.1 |
149.7* |
Real GDP Growth (%) |
3.4 |
3.2 |
3.2 |
4.1 |
4.5 |
6.8 |
7.1 |
7.3* |
Population (mn)*** |
64.7 |
66 |
67.3 |
68.6 |
70 |
71.3 |
72.7 |
78.3** |
Real GDP Per Capita ($) |
1,285 |
1,273 |
963 |
1,036 |
1,323 |
1,520 |
1,762 |
1,806** |
Share of Private Sector in GDP |
70.7 |
65.4 |
64.9 |
62.2 |
62.3 |
62.9 |
62.3 |
- |
Unemployment (%) |
9.2 |
9 |
10.5 |
11.1 |
10.5 |
10.9 |
9.1 |
- |
*Forecasts based on IMF, Country Report, December 2007.
**Forecasts based on Moody’s International Sovereign, December 2007.
Sources: Ministry of Finance, Financial Monthly, December 2007 & Central Bank of Egypt, Monthly Statistical Bulletin, January 2008.
FISCAL & MONETARY AGGREGATES
|
00/01 |
01/02 |
02/03 |
03/04 |
04/05 |
05/06 |
06/07 |
Nominal Interest Rate* |
9.08 |
7.79 |
8.31 |
8.41 |
10.25 |
8.8 |
8.7 |
Total Liquidity (M2) (Annual% Change) |
11.6 |
15.4 |
16.9 |
13.2 |
13.6 |
13.5 |
12.5 |
Dollarization
(% of M2) |
21.3 |
23.2 |
27.3 |
28.4 |
24.5 |
24.5 |
23.2 |
Exchange Rate
(End of Period)
(LE/$) |
3.858 |
4.51 |
6.032 |
6.22 |
5.79 |
5.746 |
5.71 |
Budget Deficit
(% of GDP) |
5.6 |
10.2 |
10.5 |
6.5 |
9.6 |
8.2 |
7.5 |
Period Average Inflation (%) |
2.4 |
2.4 |
7.1 |
9.5 |
11.7 |
4.18 |
10.9 |
Sources: Ministry of Finance, Financial Monthly, December 2007.
COUNTRY RISK INDICATORS
|
00/01 |
01/02 |
02/03 |
03/04 |
04/05 |
05/06 |
06/07 |
07/08 |
Net International Reserves ($bn) |
14.2 |
14.1 |
14.8 |
14.8 |
19.2 |
22.9 |
28.6 |
34.7* |
Import Coverage (months) |
10.4 |
11.6 |
12 |
9.7 |
9.6 |
9 |
9.1 |
6.1* |
External Debt ($ bn) |
26.6 |
28.7 |
29.4 |
29.9 |
28.9 |
28.9 |
29.5 |
30.4** |
External Debt (% of GDP) |
28.5 |
34 |
42.5 |
38.1 |
31.3 |
27.6 |
23.4 |
20.2* |
Debt Service Ratio |
7.3 |
9.7 |
10.1 |
9.2 |
7.9 |
7.3 |
4.7 |
5.1** |
Sources: Ministry of Finance, Financial Monthly, December 2007 & Central Bank of Egypt, Monthly Statistical Bulletin, January 2008.
*Forecasts based on IMF, Country Report, December 2007.
**Forecasts based on Moody’s International Sovereign, December 2007.
STOCK EXCHANGE INDICATORS
|
00 |
01 |
02 |
03 |
04 |
05 |
06 |
07 |
Market Capitalization
(LE billion) |
119.8 |
111.4 |
120.2 |
71.9 |
233.9 |
456.3 |
534 |
768 |
Market Capitalization
(% of GDP) |
35.6 |
30.2 |
31.1 |
42.4 |
52.6 |
86.7 |
80 |
105 |
Value of Trading
for Listed
Securities
(LE million) |
54,0 |
31,8 |
34,2 |
27,8 |
42,4 |
160,6 |
287 |
363 |
Volume of Trading for Listed
Securities (million) |
1,1 |
1,3 |
0.9 |
1,4 |
2,4 |
5.3 |
9.1 |
15.1 |
Number of Companies Listed |
1,076 |
1,110 |
1,151 |
978 |
795 |
744 |
595 |
435 |
Number of Companies Traded |
659 |
643 |
671 |
540 |
503 |
441 |
407 |
337 |
Foreign Participation
(% of total
trading volume) |
25 |
17 |
19 |
20 |
27 |
30 |
30 |
19.2 |
Turnover Ratio |
38.2 |
22.1 |
21.5 |
13.8 |
15.5 |
31.1 |
48.7 |
38.7 |
Source: Cairo and Alexandria Stock Exchanges, Annual Report, 2007.
EXTERNAL SECTOR
|
00/01 |
01/02 |
02/03 |
03/04 |
04/05 |
05/06 |
06/07 |
07/08f |
Exports ($bn) |
7.1 |
7.1 |
8.2 |
10.5 |
13.8 |
18.4 |
22 |
21.6* |
Imports ($bn) |
16.4 |
14.6 |
14.8 |
18.3 |
24.2 |
30.4 |
37.8 |
39.9* |
Trade balance ($bn) |
-9.4 |
-7.5 |
-6.6 |
-7.8 |
-10.4 |
-12 |
-15.8 |
-18.3* |
Current account/GDP (%) |
-0.04 |
0.7 |
2.4 |
4.4 |
3.3 |
1.6 |
2.1 |
1.4* |
Foreign Direct Investment ($ million) |
509 |
428 |
701 |
407 |
3,902 |
6,111 |
11,053 |
11,500* |
Sources: Ministry of Finance, Financial Monthly, December 2007 &Central Bank of Egypt, Monthly Statistical Bulletin, January 2008.
*Forecasts based on Ministry of Economic Development, Sixth Five-year Plan (2007-2012).
COMPOSITION OF TRADE (% of total)
Exports |
05/06 |
06/07 |
Imports |
05/06 |
06/07 |
Fuel |
56.5% |
46.6% |
Fuel |
8.5% |
7.3% |
Cotton |
0.8% |
0.5% |
Raw Materials |
17% |
14.9% |
Raw Materials |
2.8% |
2.8% |
Intermediate Goods |
27.7% |
27.8% |
Semi-manufactured Goods |
6.4% |
9.0% |
Investment Goods |
25.9% |
26.0% |
Finished Goods |
28% |
34.2% |
Consumption Goods |
11.6% |
14.0% |
Others |
5.4% |
6.9% |
Others |
9.3% |
9.9% |
Source: Central Bank of Egypt, Monthly Statistical Bulletin, January 2008.
GEOGRAPHIC DISTRIBUTION of TRADE (% of total)
Region |
Origin of Imports |
Destination of Exports |
05/06 |
06/07 |
05/06 |
06/07 |
EU |
37.1 |
34.4 |
37.7 |
33.8 |
Other European Countries |
7.7 |
8.5 |
5.2 |
4.8 |
Russian Federation and C.I.S |
2.4 |
1.8 |
0.4 |
0.7 |
USA |
18.8 |
21.8 |
30.6 |
31.1 |
Arab Countries |
9 |
8.6 |
11.5 |
12.4 |
Asian Countries (excluding Arab Countries) |
14.6 |
15.9 |
11.4 |
13.5 |
African Countries (excluding Arab Countries) |
0.6 |
0.7 |
1.4 |
1.5 |
Australia |
0.9 |
0.3 |
0.1 |
0.3 |
Other Countries and Regions |
8.9 |
8.0 |
1.9 |
2.0 |
Source: Central Bank of Egypt, Monthly Statistical Bulletin, January 2008.