In figures: How Russia-Ukraine crisis affected Egypt’s economic growth



Thu, 09 Jun 2022 - 11:21 GMT


Thu, 09 Jun 2022 - 11:21 GMT

Inflation - CC

Inflation - CC

CAIRO – 10 June 2022: Egypt’s targeted economic growth rates declined, in addition to high rates of inflation and unemployment, and low investment rates in domestic product, as a result of the Russian war on Ukraine, according to a review by the Ministry of Planning and Economic Development.


The review sought to analyze the indicators of the Egyptian economy in light of the successive global crises for the fiscal year 2022/2023.


In the below lines, et displays figures revealing the rates before and after the Russian-Ukrainian crisis, according to the data of the Ministry of Planning:



Economic growth rate


Before the crisis: 6.4%


After the crisis: 5.5%





Before the crisis: 7-7.5%


After the crisis: 10%




Before the crisis: less than 7%


After the crisis: 7.5% - 8%



Investment rate in GDP


Before the crisis: 18%


After the crisis: 15.2%



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