Page 13 - EGYPT - En Vol.4 HD

E gypt
Snapshot of E gypt 11
Egypt's GDP has grown from EGP 3.4 trillion in FY2016/17, to reach about
EGP 7.84 trillion during FY2021/22. Furthermore, by the implementation of
the second pillar of National Sructural Reform Program.
It is expected that GDP will rise significantly in the coming years to reach
about EGP 9.8 trillion in FY2022/23.

$ EGP EGP EGP
3.4 7.84 9.8 Egypt's
FY FY FY GDP
2016/17 Trillion 2021/22 Trillion 2022/23 Trillion
(Provisional)
Source: Ministry of Planning

The second pillar of the program aims to increase the share of contribution of
specific sectors in GDP over the period (FY2019/20 - FY2023/24), as follows:
VIP Desk in ISC at GAFI

Industrial Sector: from 11.7% in FY2019/20 The second phase of the Economic Reform Program
to 15% in FY2023/24.
"Raise Egypt’s "Increase the "Raise Egypt’s
value added of the
th
ranking in the manufactured products ranking from 55
ICT Sector: from 2.8% in FY2019/20 to 5% in Global Food Security in such a way that in 2020 to 45 in
th
FY2023/24, maintaining high growth rates Index (GFSI) from increase integration into 2024 according to
for the sector of approximately 16%. the international and the Technological
th
th
60 in 2020 to 50 regional value chains Complexity Index
by 2024" and would enable such (TCI) issued by
products to compet in
Agricultural Sector: from 11.3% in international markets" “Oxford Insights” "
FY2019/20 to 12% in FY2023/24