Income Per Capita Egypt

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Income per capita egypt. Gdp per capita current us egypt arab rep. This data is based on self reported data that was gathered between 2006 and 2012. The economy contracted 1 7 year on year in the fourth quarter of fy 2020 april june 2020 according to estimates announced by the ministry of planning and economic development. This page provides the latest reported value for egypt gdp per.

Dollars gdp contracts for first time in nine years in q4 of fy 2020. It should be reflecting the average before tax income of a country s citizens. The gross domestic product per capita in egypt was last recorded at 11763 30 us dollars in 2019 when adjusted by purchasing power parity ppp. Egypt gdp per capita u s.

Gdp per capita in egypt averaged 1575 83 usd from 1960 until 2019 reaching an all time high of 3008 80 usd in 2019 and a record low of 578 30 usd in 1960. Download historical data save as image. Countries with the lowest median income include libera burundi mali benin togo sierra leone and madagascar. Egypt gni per capita for 2017 was 3 040 a 12 14 decline from 2016.

The gni per capita is the dollar value of a country s final income in a year divided by its population. Gni per capita constant lcu the value for gni per capita constant lcu in egypt was 36 194 as of 2018. The gdp per capita in egypt is equivalent to 24 percent of the world s average. Gdp per capita is often considered an indicator of a country s standard of living.

However this is problematic because gdp per capita is not a measure of personal income. In this article we ll explore the median income around the world. According to 2013 data from gallup the median household income worldwide is 9 733. Egypt gdp per capita for 2017 was 2 441 a 30 77 decline from 2016.

Comparisons of national income are also frequently made on the basis of purchasing power parity ppp to adjust for differences in the cost of living in different countries. Egypt gdp per capita for 2018 was 2 549 a 4 45 increase from 2017. Egypt gni per capita for 2019 was 2 690 a 3 93 decline from 2018. Knowing a country s gni per capita is a good first step toward understanding the country s economic strengths and needs as well as the general standard of living enjoyed by the average citizen.

Egypt gni per capita for 2018 was 2 800 a 7 89 decline from 2017. The gross domestic product per capita in egypt was last recorded at 3008 80 us dollars in 2019. From the world bank. Egypt gdp per capita for 2016 was 3 525 a 2 05 decline from 2015.

Gdp per capita ppp in egypt averaged 8616 05 usd from 1990 until 2019 reaching an all time high of 11763 30 usd in 2019 and a. The gdp per capita in egypt when adjusted by purchasing power parity is equivalent to 66 percent of the world s average.