Egypt in the Lead
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💱 Low Price Level Ratio of PPP to Market Exchange Rate
In 2023, Egypt's price level ratio of PPP conversion factor to market exchange rate was 0.186, indicating a favorable cost of living compared to other nations.
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🎓 100% Female Persistence to Primary Education
In 2020, Egypt achieved a 100% persistence rate for females reaching the last grade of primary education, showcasing a strong commitment to female education.
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🔒 Minimal Losses from Theft and Vandalism
In 2020, only 0.2% of firms in Egypt reported losses due to theft and vandalism, suggesting a relatively secure business environment.
Egypt Following Behind
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💸 Negative Net Aid from Germany and Denmark
In 2022, Egypt experienced a net negative aid flow of approximately $120 million from Germany and $2.85 million from Denmark, highlighting a decrease in bilateral support.
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💧 Highest Water Withdrawal Rate
In 2021, Egypt's annual freshwater withdrawals accounted for 7750% of its internal resources, indicating a significant strain on its water reserves.
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☀️ Lowest Average Precipitation Depth
In 2021, Egypt recorded an average precipitation depth of just 18.1 mm per year, one of the lowest globally, highlighting its arid climate.
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🔬 Low R&D Investment by Firms
In 2020, only 2% of firms in Egypt invested in research and development, indicating a low prioritization of innovation.
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📈 Highest Tariff Rates on Primary Products
In 2019, Egypt imposed a simple mean tariff rate of 99.4% on primary products, the highest globally, with a most favored nation rate of 40.34%.