{"id":596128,"date":"2019-08-19T04:00:33","date_gmt":"2019-08-19T04:00:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/19\/egypts-economy-expected-to-grow-6-8-annually-until-2027-says-harvard-center-for-international-development\/"},"modified":"2019-08-19T04:00:33","modified_gmt":"2019-08-19T04:00:33","slug":"egypts-economy-expected-to-grow-6-8-annually-until-2027-says-harvard-center-for-international-development","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/19\/egypts-economy-expected-to-grow-6-8-annually-until-2027-says-harvard-center-for-international-development\/","title":{"rendered":"Egypt\u2019s economy expected to grow 6.8% annually until 2027, says Harvard Center for International Development"},"content":{"rendered":"

<\/a> Egypt\u2019s economy is forecast to grow at a 6.8% clip per year over the next 10 years<\/b>, placing it among the top of the list of the fastest-growing economies until 2027, according to the Harvard Center for International Development\u2019s 2027 Growth Projections<\/a>. Also expected to hit annual growth rates of at least 6% are Myanmar, Uganda, China, and Vietnam. Harvard\u2019s projections are based on a measure of \u2018economic complexity,\u2019 which accounts for the diverse and sophisticated production involved in each country\u2019s exports.<\/p>\n

The only unifying factor in the fastest growers? Specialized knowhow:<\/b> \u201cWhat unites Uganda, Egypt, China, Vietnam, and Tanzania as the fastest-growing countries in the projection is not that they uniformly share the same education level, geographic region, religion, or any measure of institutional quality. Rather, each country has a more sophisticated range of specialized knowhow than expected or its income that will drive diversification and growth,\u201d researcher Timothy Cheston writes.<\/p>\n

Egypt <\/b>ranks 68th<\/b><\/a> on the Economic Complexity Index.<\/b> Egypt has moved up two places in the Economic Complexity Index due to export diversification increasing complexity of the country\u2019s economy. Harvard projects that Egypt will continue along the same trajectory in the years to come as it further diversifies production.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt\u2019s economy is forecast to grow at a 6.8% clip per year over the next 10 years, placing it among the top of the list of the fastest-growing economies until 2027, according to the Harvard Center for International Development\u2019s 2027 Growth Projections. Also expected to hit annual growth rates of at least 6% are Myanmar, […]<\/p>\n","protected":false},"author":1,"featured_media":596129,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[104,72,9366,9367,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-596128","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-economy","tag-enterpriseam","tag-harvard-center-for-international-development","tag-projections","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"9dbea2f2-9fec-4f54-9622-6c1f7257b5f8","is_powered_by":true,"section_story_id":"f687726e-f036-4541-8a60-af0e227c62dc","story_type":"1","photo_url":"https:\/\/ent.news\/2019\/8\/681.jpg","photo_position":"above","related_issue":[596122],"teaser":"","voice_url":""},"yoast_head":"\nEgypt\u2019s economy expected to grow 6.8% annually until 2027, says Harvard Center for International Development - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/08\/19\/egypts-economy-expected-to-grow-6-8-annually-until-2027-says-harvard-center-for-international-development\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s economy expected to grow 6.8% annually until 2027, says Harvard Center for International Development\" \/>\n<meta property=\"og:description\" content=\"Egypt\u2019s economy is forecast to grow at a 6.8% clip per year over the next 10 years, placing it among the top of the list of the fastest-growing economies until 2027, according to the Harvard Center for International Development\u2019s 2027 Growth Projections. 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The deficit stood\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/353.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570803,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/15\/the-coronavirus-will-trigger-the-worst-global-recession-since-the-great-depression-in-mena-only-egypts-economy-will-grow-this-year-imf\/","url_meta":{"origin":596128,"position":1},"title":"The coronavirus will trigger the worst global recession since the Great Depression; in MENA, only Egypt\u2019s economy will grow this year \u2013IMF","author":"enterpriseam admin","date":"15 April 2020","format":false,"excerpt":"The coronavirus will trigger the worst global recession since the Great Depression, the IMF predicts: The world is facing its greatest economic crisis since the Great Depression as output plummets at a record pace in response to the \u201cGreat Lockdown\u201d put in place to contain covid-19, the IMF warned yesterday.\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/4\/138.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":576060,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/09\/egyptian-economy-to-grow-4-on-average-each-year-until-2024-fitch\/","url_meta":{"origin":596128,"position":2},"title":"Egyptian economy to grow 4% on average each year until 2024 -Fitch","author":"enterpriseam admin","date":"9 November 2020","format":false,"excerpt":"Egypt is on track to grow at an average 4% clip over each of the coming four years, which would give it the MENA region\u2019s highest real GDP growth rate between 2020 and 2024, according to Fitch Solutions\u2019 monthly MENA outlook picked up by Ahram Online. The research firm echoed\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/11\/87.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592835,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/07\/ebrd-sees-strong-growth-for-egypt-despite-regional-headwinds\/","url_meta":{"origin":596128,"position":3},"title":"EBRD sees strong growth for Egypt despite regional headwinds","author":"enterpriseam admin","date":"7 November 2019","format":false,"excerpt":"EBRD sees strong growth for Egypt despite regional headwinds: The European Bank for Reconstruction and Development (EBRD) expects Egypt\u2019s economy to grow at a 5.9% clip in FY2019-2020, bucking a weak growth trend in the southern and eastern Mediterranean region. The bank says in its latest regional outlook growth will\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/11\/2312.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":572457,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/imf-forecasts-deeper-recession-slower-recovery-as-virus-fears-linger\/","url_meta":{"origin":596128,"position":4},"title":"IMF forecasts deeper recession, slower recovery as virus fears linger","author":"enterpriseam admin","date":"25 June 2020","format":false,"excerpt":"YOUR DAILY DOSE OF GLOOM- IMF forecasts deeper global recession, slower recovery as virus fears linger: The global economy will suffer a deeper recession than previously expected as the pandemic continues to intensify in some parts of the world, and businesses and consumers continue to reel from the effects of\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/6\/272.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570311,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/26\/covid-19-could-cause-egypts-gdp-to-shrink-1-3-this-year-capital-economics\/","url_meta":{"origin":596128,"position":5},"title":"Covid-19 could cause Egypt\u2019s GDP to shrink 1.3% this year -Capital Economics","author":"enterpriseam admin","date":"26 March 2020","format":false,"excerpt":"Covid-19 could cause Egypt\u2019s GDP to shrink 1.3% this year, before bouncing back in 2021, says Capital Economics: Egypt could see its economy contract 1.3% in 2020 on the back of the covid-19 outbreak, said Jason Tuvey, senior EM economist at Capital Economics. The London-based research consultancy firm initially expected\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/596128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=596128"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/596128\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/596122"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/596129"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=596128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=596128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=596128"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=596128"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=596128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}