Egypt [+]Compare [E]dit [H]istory

Aliases: Arab Republic of Egypt, Jumhuriyat Misr al-Arabiyah, Misr, United Arab Republic (with Syria)

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Object «Egypt» has attributes

Attribute Value
Geography
Area 1,001,450 km²
Continent Africa
Land area 995,450 km²
Water area 6,000 km²
Land boundaries 2,612 km
Border countries
  • Gaza Strip
  • Israel
  • Libya
  • Sudan
Coastline 2,450 km
Mean elevation 321 m
Lowest point -133 m
Highest point 2,629 m
People
Population 104,124,440
Official languages
  • Arabic
Religion Muslim
Government
Long country name Arab Republic of Egypt
Short country name Egypt
Long local name Jumhuriyat Misr al-Arabiyah
Short local name Misr
Former name
  • United Arab Republic (with Syria)
Government type Presidential republic
Capital Cairo
Economy
GDP (PPP) 1,204,000,000,000 USD
GDP (OER) 236,500,000,000 USD
GDP (real growth rate) 4.2 %
GDP - per capita (PPP) 12,700 USD
Gross national saving 9 % of GDP
Labor force 29,950,000
Unemployment rate 12.2 %
Population below poverty line 27.8 %
Budget revenues 42,320,000,000 USD
Budget expenditures 62,610,000,000 USD
Military expenditures Add
Taxes and other revenues 17.9 % of GDP
Budget surplus or deficit -8.6 % of GDP
Public debt 103 % of GDP
Inflation rate 23.5 %
Central bank discount rate 19.25 %
Commercial bank prime lending rate 18.18 %
Stock of narrow money 43,400,000,000 USD
Stock of broad money 43,400,000,000 USD
Stock of domestic credit 193,400,000,000 USD
Market value of publicly traded shares 27,350,000,000 USD
Current account balance -14,920,000,000 USD
Exports 23,300,000,000 USD
Imports 59,780,000,000 USD
Reserves of foreign exchange and gold 35,890,000,000 USD
External debt 77,470,000,000 USD
National currency Egyptian pounds
National currency (code) EGP
National currency (symbol) £
National currency rate to USD 18.05

The regularity and richness of the annual Nile River flood, coupled with semi-isolation provided by deserts to the east and west, allowed for the development of one of the world's great civilizations. A unified kingdom arose circa 3200 B.C., and a series of dynasties ruled in Egypt for the next three millennia. The last native dynasty fell to the Persians in 341 B.C., who in turn were replaced by the Greeks, Romans, and Byzantines. It was the Arabs who introduced Islam and the Arabic language in the 7th century and who ruled for the next six centuries. A local military caste, the Mamluks took control about 1250 and continued to govern after the conquest of Egypt by the Ottoman Turks in 1517. Completion of the Suez Canal in 1869 elevated Egypt as an important world transportation hub. Ostensibly to protect its investments, Britain seized control of Egypt's government in 1882, but nominal allegiance to the Ottoman Empire continued until 1914. Partially independent from the UK in 1922, Egypt acquired full sovereignty from Britain in 1952. The completion of the Aswan High Dam in 1971 and the resultant Lake Nasser have reaffirmed the time-honored place of the Nile River in the agriculture and ecology of Egypt. A rapidly growing population (the largest in the Arab world), limited arable land, and dependence on the Nile all continue to overtax resources and stress society. The government has struggled to meet the demands of Egypt's fast-growing population as it implements far-reaching economic reforms, including the reduction of select subsidies, large-scale infrastructure projects, energy cooperation, and foreign direct investment appeals. Inspired by the 2010 Tunisian revolution, Egyptian opposition groups led demonstrations and labor strikes countrywide, culminating in President Hosni MUBARAK's ouster in 2011. Egypt's military assumed national leadership until a new parliament was in place in early 2012; later that same year, Muhammad MURSI won the presidential election. Following protests throughout the spring of 2013 against MURSI's government and the Muslim Brotherhood, the Egyptian Armed Forces intervened and removed MURSI from power in July 2013 and replaced him with interim president Adly MANSOUR. Simultaneously, the government began enacting laws to limit freedoms of assembly and expression. In January 2014, voters approved a new constitution by referendum and in May 2014 elected former defense minister Abdelfattah ELSISI president. Egypt elected a new legislature in December 2015, its first parliament since 2012. ELSISI was reelected to a second four-year term in March 2018. In April 2019, Egypt approved via national referendum a set of constitutional amendments extending ELSISI’s term in office through 2024 and possibly through 2030 if re-elected for a third term. The amendments would also allow future presidents up to two consecutive six-year terms in office, re-establish the senate, allow for one or more vice presidents, establish a 25% quota for female parliamentarians, reaffirm the military’s role as guardian of Egypt, and expand presidential authority to appointment the heads of judicial councils.    

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There was one edit, no edits waiting approval. Last edited by mann.zelma(9435), Sep 16, 2019 (64 fields were changed)
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