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‘Statista’ expects continuous growth rates of Egypt’s economy until 2022

Thursday 22/February/2018 - 02:35 PM
Sada El Balad
Hassanein Tayea
Dr. Ashraf Mansour، prime founder and head of board of trustees of the German University in Cairo (GUC)، said that it is expected that Egypt's GDP will grow by 4.46% by the end of this year.
By 2022، it is also expected to rise 5.98 thanks to the investment measures taken by the Egyptian government during the last period.
During his participation in Dulenberg conference، which includes about 100 representatives of medium and large companies، as well as representatives of German banks and financial institutions، Mansour reviewed a report issued by Statista، which considered one of the leading statistics companies on the internet. With a team of over 450 statisticians، database experts، analysts، and editors، Statista provides users with an innovative and intuitive tool for researching quantitative data، statistics and related information.

Mansour added that، according to Statista، the Egyptian GDP rose by 2.23% in 2012 and increased by 3.3 % in 2013.
It also increased in 2014 by 2.92%. The GDP leveled up by 4.37% in 2015; It also rose by 4.3% in 2016 and rose by 4.1% in 2017.

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