Standard Chartered Names Egypt among World’s Top 10 Economies by 2030

posted on: Feb 9, 2019

SOURCE: EGYPT TODAY

BY: MENA

CAIRO, Feb 9 (MENA) – Britain’s Standard Chartered Bank named Egypt among the world’s top 10 economies by 2030, the Cabinet information center announced on Saturday.

The bank forecast that Egypt will be ranked 7th among the world’s top 10 economies by 2030 with gross domestic product hitting about $8.2 trillion, compared with 2017, when the country was ranked the 11th with GDP of about $1.2 trillion, the center said on its Facebook page.

The figure was estimated using purchasing power parity exchange rates.