Egypt’s medium-term economic and social development plan (2025/2026–2028/2029), presented by Planning Minister Hania El-Moselhi and approved by both parliamentary chambers, reveals positive trends in per capita GDP, signaling sustained economic resilience and progress toward Egypt Vision 2030. n nPer capita GDP at constant prices reached approximately EGP 80.5 thousand in 2024/2025 and is projected to rise gradually to EGP 82.9 thousand in 2025/2026, continuing an upward trajectory through 2028/2029. This reflects real, inflation-adjusted economic expansion, indicating improved productivity and economic stability beyond price fluctuations. Higher figures at constant prices suggest genuine growth that enhances purchasing power and access to essential goods and services. n nIn current prices, per capita GDP stood at EGP 160.6 thousand in 2024/2025 and is expected to increase to EGP 186.8 thousand in 2025/2026, with steady growth projected over the plan’s duration. While influenced by inflation, these nominal increases also reflect broader economic expansion and rising nominal output, aligning with trends in emerging economies. n nThe improvement in per capita income has wide-ranging implications beyond macroeconomic metrics. It strengthens the government’s capacity to invest in education, healthcare, and infrastructure, while expanding social protection networks. This contributes to greater equity and reduced disparities among population groups. Additionally, rising per capita output makes Egypt more attractive to domestic and foreign investors by signaling a growing and resilient domestic market. n nThe plan underscores that these figures are not merely statistical but reflect the success of structural reforms and inclusive growth policies implemented over recent years. These efforts have focused not only on boosting GDP but also on deep sectoral reforms in production and services to ensure long-term sustainability and resilience against internal and external shocks. n nAligned with Egypt Vision 2030, the strategy emphasizes efficient public and private investment, increasing the contribution of key sectors like industry and agriculture, expanding smart and sustainable infrastructure, and advancing digital transformation and innovation as pillars of future competitiveness. n nHuman capital development remains a priority, with investments in education, health, and vocational training aimed at boosting productivity and ensuring lasting improvements in living standards. Simultaneously, social safety nets are being expanded to ensure marginalized groups benefit from economic gains, reducing inequality and promoting social justice. n nThe projected rise in real per capita GDP indicates Egypt’s ability to generate genuine value addition, reinforcing investor confidence and encouraging further capital inflows. The sustained upward trend through 2028/2029 reflects a coherent strategy capable of navigating regional and global economic challenges. Ultimately, the goal extends beyond aggregate output growth—to deliver tangible improvements in citizens’ lives and enhance Egypt’s regional and global competitiveness, marking a significant step toward building an inclusive, forward-looking economy. n— news from Youm7
