Economy of Egypt

The economy of Egypt used to be a highly centralized economy focused on import substitution under president Gamal Abdel Nasser (1954–1970). During the rule of president Abdelfattah el-Sisi (2014–present), following Egypt's 2030 Vision, which is aimed at diversifying Egypt's economy, the country's economy became the second largest in Africa after Nigeria in terms of nominal GDP and 34th in worldwide ranking as of 2021.

Economy of Egypt

The economy of Egypt used to be a highly centralized economy focused on import substitution under president Gamal Abdel Nasser (1954–1970). During the rule of president Abdelfattah el-Sisi (2014–present), following Egypt's 2030 Vision, which is aimed at diversifying Egypt's economy, the country's economy became the second largest in Africa after Nigeria in terms of nominal GDP and 34th in worldwide ranking as of 2021.