The average per person income in Egypt (in current US dollars) is $5,680 per year (about $16 per day), but in China it is $6,890.
What is the average income for people in Egypt?
What is the average salary in Egypt? The average salary in Egypt is $8,318.73 (133,890 EGP) yearly, $693.48 (11,158 EGP) monthly or $3.97 (64 EGP) hourly. In terms of Egyptian cities, workers in Cairo earn $8,839.74 annually while those in Alexandria earn $8,033.65 yearly.
How much money do you need to live comfortably in Egypt?
Unlike many countries where you spend almost one quarter of your monthly income on bills, Egypt is far affordable. If you want to live in a well furnished studio of about 480 ft2, one would only need to spend about EGP 3,867 ($217) in an expensive area on average and EGP 1,651 ($92) in a regular area.
What is the average annual income in Egypt in US dollars?
As of 2017, the per capita disposable national income in Egypt was about 2,600 U.S. dollars, a decrease compared to the previous year.
What is high income Egypt?
An individual belonging to the high income segment spends, on average, LE23,000 annually, LE1,924 per month, according to the results of the income and expenses study published by the Central Agency for Public Mobilisation and Statistics (CAPMAS) on Tuesday.
What is considered a good salary in Egypt?
A person working in Egypt typically earns around 9,200 EGP per month. Salaries range from 2,330 EGP (lowest average) to 41,100 EGP (highest average, actual maximum salary is higher). This is the average monthly salary including housing, transport, and other benefits.
What is the highest paying job in Egypt?
Top 10 Best Paying Careers in Egypt
- Surgeons / Doctors. Salary Range: from 18,500 EGP to 51,700 EGP. …
- Judges. Salary Range: from 15,500 EGP to 43,400 EG. …
- Lawyers. …
- Bank Managers. …
- Chief Executive Officers. …
- Chief Financial Officers. …
- Orthodontists. …
- University Lecturers.
What 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.
How much is rent in Egypt?
1. Housing: According to Expatistan, a website that compiles information provided by expatriates, rent for a furnished 900 square-foot apartment in Cairo costs E£ 5,700 ($319) in what is categorized as an expensive area. The same accommodations in a normal area go for about E£ 3,005 ($165) a month.
How much do you tip in Egypt?
Generally, in Egypt, you should tip between 10 and 15%. If you are pleased with your time at the spa, tip closer to 15%. If you are not pleased tip closer to 10% or even a bit less.
Does Egypt have a good economy?
Egypt’s economic freedom score is 55.7, making its economy the 130th freest in the 2021 Index. Its overall score has increased by 1.7 points, with improvements in 9 of the 12 categories of economic freedom.
What is the most famous food in Egypt?
Some consider kushari, a mixture of rice, lentils, and macaroni, to be the national dish. Ful medames is also one of the most popular dishes. Fava bean is also used in making falafel (most commonly referred to as ta’ameya in Egypt, and served with fresh tomatoes, tahina sauce and arugula).
Is Egypt considered poor?
Over the past decade, the poverty rate in Egypt has steadily increased. As of mid-2016, the poverty rate in Egypt was 27.8 percent, an increase of 2.6 percent from 2010. This high poverty rate in Egypt has affected children, many of whom are malnourished.
What is considered low income in Egypt?
According to CAPMAS’s latest survey on income, expenditure and consumption for 2017/2018, Egypt announced that he who earns less than LE 8,282 (US$ 501.03) annually and $1.3 daily, lives under poverty line.
What percentage of Egypt lives in poverty?
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.