Egypt has found itself in the throes of poverty and social unrest for many years. With the economy, education, population and development showing uneven statistics throughout protests and social issues that the country has found itself in, the people of Cairo still have hope.
Is poverty a problem in Egypt?
According to the country’s official statistics agency’s report on December 3, Egypt’s poverty rate declined to 29.7 percent in the 2019-2020 fiscal year, down from 32.5 percent two years earlier. This is the first time Egypt has seen a decrease in its poverty rate since 1999.
Why is poverty a problem in Egypt?
The main causes of poverty in Egypt are widespread inequality caused by government corruption, a lack of employment opportunities, and an inadequate education system. Leading into the 2011 Egyptian revolution, widespread corruption was prevalent among the Egyptian government led by Hosni Mubarak.
What is Egypt poverty like?
A much higher share of the population lives on less than US$3.20 per day, a poverty line used by the World Bank as a benchmark for lower middle income countries. In 2017-18, the poverty rate at US$3.20 was estimated to be 26.1 percent, up from 16.1 percent in 2015.
Which is the poorest city in Egypt?
With a total of 289 slums in Cairo alone, the capital of Egypt has the highest poverty rate next to Alexandria and Port Said.
Why is Egypt so dangerous?
Why it’s so dangerous: This country topped the Trip by Skyscanner list of dangerous places, and the U.S. Department of State has issued a stern warning to travelers about going to Egypt: “A number of terrorist groups, including ISIS, have committed multiple deadly attacks in Egypt, targeting government officials and …
Why is Egypt so rich?
Agriculture created most of Ancient Egypt’s wealth. … Most Ancient Egyptians were on the poverty line while the priests and pharaoh were extremely wealthy. Two of every three people in a family had to work. Hunting was crucial to the poor to survive, but was a leisure activity for the rich.
Is Egypt richer than India?
Egypt has a GDP per capita of $12,700 as of 2017, while in India, the GDP per capita is $7,200 as of 2017.
Who is affected by poverty in Egypt?
Poverty in Egypt affects not only many children, but also populations living in rural areas. When compared to urban areas in Egypt, the poverty rate in rural areas was 37 percent higher as of July 2016.
Does Egypt have a good economy?
Egypt’s economic freedom score is 55.7, making its economy the 130th freest in the 2021 Index. Its overall score has increased by 1.7 points, with improvements in 9 of the 12 categories of economic freedom.
What is considered low income in Egypt?
According to CAPMAS’s latest survey on income, expenditure and consumption for 2017/2018, Egypt announced that he who earns less than LE 8,282 (US$ 501.03) annually and $1.3 daily, lives under poverty line.
Is Egypt a good country to live?
Egypt is the best place to live in theoretically because of the weather and the demographic diversity it has . Still Egypt is the biggest and strongest in Middle East despite all the problems they have, and far better than many other European countries if you have enough resources.
How safe is Egypt?
Egypt is nearly crime-free; as Lonely Planet notes, “The incidence of crime, violent or otherwise, in Egypt is negligible compared with many Western countries, and you’re generally safe walking around day or night.” Most crime is petty theft, with little violent crime.