Mark Yannone - Arizona, District 3, 2004 Congressional Candidate, independent - click to return to home page

Issues - Foreign Aid - Foreign Aid Budget - Egypt's Current Economic Condition
Egypt - map of historic areas


"If the United Nations once admits that international disputes can be settled by using force, then we will have destroyed the foundation of the organization and our best hope of establishing a world order."

Dwight D Eisenhower, 34th US President
On Israel's invasion of Egypt, address to the nation 20 Feb 57


Egypt is probably the world's oldest civilization having emerged from the Nile Valley around 3,100 years ago, historically.

Egypt is probably one of the oldest vacation spots. Early Greeks, Romans and others went there just for fun, and to see the wonders of some of mankind's earliest triumphs.

Language -- Arabic (official), English and French widely understood by educated classes

Major Religions -- Muslim (mostly Sunni) 94% (official estimate), Coptic Christian and other 6% (official estimate)

Ethnic groups -- Eastern Hamitic stock (Egyptians, Bedouins, and Berbers) 99%, Greek, Nubian, Armenian, other European 1%

Growth rate 1.86%

Birth rate 27.31 births/1,000

Death rate 8.41 deaths/1,000

Fertility rate 3.41 children/woman

Male life expectancy 60

Female life expectancy 64

Infant mortality rate 69.23 deaths/1,000 live births

Labor force 17.4 million (1996)

Unemployment rate 9.4% (1997)

Inflation Rate 4.9% (1997)

Gross domestic product (total value of goods and services produced annually) $267.1 billion (1997 est.)

Budget $19.8 billion

Debt $30.5 billion (1996)

Exports $5.1 billion, primarily crude oil and petroleum products, cotton yarn, raw cotton, textiles, metal products, chemicals

Imports $15.5 billion, primarily machinery and equipment, foods, fertilizers, wood products, durable consumer goods, capital goods

Defense spending 8.2% of GDP (1997 est.)

Highways 64,000 km (1996)

Find out more about Egypt's growing economy by clicking HERE

Find out more about modern Egypt by clicking HERE

Return to the Foreign Aid/Affairs/Defense budget by clicking HERE



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