Egypt PESTLE Insights - A Macroeconomic Outlook Report

Egypt PESTLE Insights - A Macroeconomic Outlook Report

Summary

Mining, manufacturing and utilities activities contributed 26.8% to the gross value added (GVA) in 2022, followed by wholesale, retail and hotels (16.8%), agriculture (12.0%). In nominal terms, the three sectors are expected to grow by 17.2%, 17.0% and 18.2%, respectively, in 2023.

Cairo and Alexandria are the best performing metropolitan areas in the country. They together accounted for 26.4% of the total GDP of the country and 15.6% of the total population in 2022, according to GlobalData’s cities database.

The HERMES index exhibited an upward trend during last year. As of April 17, 2023, the index stood at 1,871.3, compared to 1,129.6 on April 17, 2022.

Scope

• According to the World Bank, Logistics Performance Index (2023), Egypt ranked 57th out of 139 nations in the parameter of logistics performance in 2023.

Reasons to Buy

• Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
• PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
• Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
• This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.