Egypt- Economic analysis

1.         Introduction Egypt is a rural area which has a strong essential prudence. It supported by agriculture, tourism and industry. There is a arouse increase of the GNP and the annual harvesting rate. The 2003 inclination states that the gross domestic harvesting of the twelvemonth 2003 is $295.2 billion with contri aloneions of 17% from agriculture and 32% from industry. The re master(prenominal) 51% was contributed from the service sector. The ground is enriches with abundant raw(a) resources which provides the country with a large income. Egypts natural resources include petroleum, natural gas, phosphates, and entreat ore and oil and gas accounted for rough 7% of gross domestic product of fiscal year 2000-01. The main outcomes of the country are machinery and equipment, foods, chemicals, wood products, fuels. Furthermore, their main exporting commodities are crude oil and petroleum products, cotton, textiles, metal products, chemicals. The wrap up provides information not only on the economy of Egypt but it further states about the population factors, distribution impart and to a fault about media. Moreover, the political risk assessment which includes the betrothal situations and import and export regulations. These information is important for an exporter when doing business with immaterial countries. 3.0          sparing Statistic and Activity 3.1         Gross National Product 3.1.1          measure         gross domestic product - Purchasing Power Parity - $316.3 billion (2004 est.) 3.1.2          estimate of increment         GDP- received growth rate 4.5% (2004 est.

) Year         1999         2000         2001         2002         2003         2004 GDP real growth rate (%)         6.1         5.4         3.5         3.2         3.1         4.5 (http://www.cia.gov/cia/publications/factbook/geos/eg.html) The GDP growth, which ranged between 4% and 6% during the 2nd half of the 1990s, declined steadily to 3.1% in 2003. Since indeed a recovery has interpreted place, driven mainly by growth rate of 4.5% in 2004. Due to the recovering that has taken a place, GRT tea exporters will be benefited exporting its product the Egypt market.                  3.2          individual(prenominal) Income per capita In 2004... If you want to get a in force(p) essay, lodge it on our website: BestEssayCheap.com

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