Egypt Economy - 1986

GEOGRAPHICAL NAMES 

GNP: $39.7 billion (1984. based on flexible bank exchange rate of 1.23 Egyptian pounds=US$D, $466 per capita; 5% real growth (1984)

Natural resources: petroleum, natural gas, iron ore, phosphates, manganese, limestone, gypsum, talc, asbestos, lead, zinc

Agriculture: main cash crop—cotton; other crops- -rice, onions, beans, citrus fruit, wheat, corn, barley; not self-sufficient in food

Major industries: textdes, food processing, chemicals, petroleum, construction, cement

Electric power: 6,836,000 kW capacity (1984}; 35.931 billion kWh produced (1984), 730 kWh per capita

Exports $3 7 billion (f.o.b., 1985 eat.); crude petroleum, raw cotton, cotton yarn and fabric

Imports: $10.1 billion (c.i.f., 1985 est); food stuffs, machinery and equipment, fertilizers, woods

Major trade partners. US, EC countries

Monetary conversion rate: official rate 0.70 Egyptian pound=US$l; flexible "bank ’ rate 2.35 Egyptian rounds=US$l; parallel or “own” exchange market rate 1.80 Egy ptian pounds=US$l (December 1985)

Fiscal year: July through June

NOTE: The information regarding Egypt on this page is re-published from the 1986 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Egypt 1986 information contained here. All suggestions for corrections of any errors about Egypt 1986 should be addressed to the CIA or the source cited on each page.