Egypt agricultural machinery market GDP per Capita and Population Demographics
Posted on 20 March 2017 by KenResearch Agriculture and Animal Care,
The Gross Domestic Product of Egypt has inclined from USD ~ billion during 2011 to USD ~ billion during 2016, achieving a CAGR of ~% during the period 2011-2016.
The services sector contributed ~% to overall GDP during 2016 from ~% during 2011. The country’s service sector has readily benefited from Banking and Financial Institutions coupled with globalization.
The industrial sector generated revenues amounting to USD ~ billion during 2016 from USD ~ billion during 2011. Since the 2011 revolution, the industrial sector has been put at the forefront of government plans for economic growth.
The total revenue generated by the agriculture sector in Egypt is projected to incline from USD ~ billion during 2017 to USD ~ billion during 2021. Contribution by this sector to overall GDP is expected to remain relatively stable in the future
The total urban population in the country stood at ~ million during 2016, inclining from ~ million during 2011. The total rural population in the country increased from ~ million during 2011 to ~ million during 2016 while the contribution by this segment decreased to ~% during 2016 from ~% during 2011.
The total population engaged in agriculture in Egypt was evaluated at ~ million individuals during 2016, inclining from ~ million individuals during 2011. This segment’s contribution to total labor force in the country inclined to ~% during 2016 from ~% during 2011.
The GDP Per Capita of the country inclined from USD ~ during 2011 to USD ~ during 2016. Political instability, corruption and terrorism have inhibited higher growth of per capita income in the country. GDP Per Capita (PPP) inclined to USD ~ during 2016 from USD ~ during 2011.
The GDP Per Capita of the country is projected to incline to USD ~ by 2021 from USD ~ during 2017.
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