FEAS Yearbook FEAS Yearbook 2006 | Page 73

FEDERATION OF EURO-ASIAN STOCK EXCHANGES SEMI ANNUAL REPORT OCTOBER 2006 CAIRO & ALEXANDRIA STOCK EXCHANGES EGYPT ECONOMIC CHARTS AND TABLES GDP at market prices (E£ billions) GDP (US$ billions) Real GDP growth (%) Consumer price inflation (av; %) Population (millions) Exports of goods FOB (US$ millions) Imports of goods FOB (US$ millions) Current account balance (US$ millions) Foreign exchange reserves excl gold (US$ millions) Total external debt (US$ billions) Debt-service ratio, paid (%) Exchange rate (av) E£:US$ 2001 (a) 2002 (a) 2003 (a) 2004 (a) 2005 (a) 358.7 90.4 3.5 (b) 2.3 68.6 7,249 -15,750 249 12,926 29.3 9.4 3.97 378.9 84.2 3.0 (b) 2.7 69.9 7,250 -14,709 849 13,242 30.0 10.3 4.50 417.5 71.5 3.1 4.5 71.3 8,987 -15,156 3,723 13,589 31.4 11.7 5.84 485.0 78.3 4.2 11.3 72.6 (b) 12,274 -21,586 3,237 14,273 34.2 (b) 6.4 (b) 6.20 536.4 92.8 4.9 4.9 74.0 (b) 16,073 -27,200 2,207 20,609 (b) 37.7 (b) 5.8 (b) 5.78 (a) Actual. (b) Economist Intelligence Unit estimates. ECONOMIC FORECAST SUMMARY Key indicators Real GDP growth (%) Consumer price inflation (av; %) Budget balance (% of GDP) Current account balance (% of GDP) Commercial banks' lending rate (av; %) Exchange rate E£:US$ (av) 2005 2006 2007 2008 2009 2010 4.9 4.9 -9.3 2.3 13.1 5.78 5.8 5.1 -10.1 2.4 12.1 5.75 6.0 4.3 -9.7 2.6 12.8 5.73 5.5 4.1 -8.2 3.0 13.0 5.78 5.3 3.9 -7.2 3.0 12.5 5.80 5.1 4.1 -7.0 2.9 11.5 5.80 2004/05-PRINCIPAL EXPORTS 2004/05-PRINCIPAL IMPORTS (CIF) (US$ millions) (US$ millions) Petroleum & products Aluminium, iron & steel Raw cotton, yarn, textiles & garments Pharmaceuticals Agricultural products 2004-MAIN DESTINATIONS OF EXPORTS (%) Italy France USA UK Other 5,276 915 858 215 209 Intermediate (semi-processed) goods Investment (capital) goods Petroleum & products Consumer goods Raw materials (excl petroleum) 2004-MAIN ORIGINS OF IMPORTS (%) USA Italy Germany France Other 12.5 12.8 63.4 6,803 4,895 3,975 3,202 2,688 11.6 68.1 6.8 6.8 7.3 5.8 4.9 Source: Economist Intelligence Unit ViewsWire PAGE 71