Egypt ranked 120 out of 190 economies according to the World Bank’s Doing Business Index 2019. Egypt came on the World Bank’s list of top performing economies in 2017-18 in response to all economic reforms that took place to facilitate doing business. The improvement was mainly in the five important pillars related to the investment environment, namely starting a business, getting credit, protecting minority investors, paying taxes and resolving insolvency.


According to World Economic Forum’s Global Competitiveness Index, Egypt ranked 94th out of 140 countries, mainly improving in innovation capability, ICT adoption, as well as legal framework efficiency. In addition, Egypt has a significantly larger market size than the regional average.

Egypt scored worst in terms of macroeconomic stability and labour market. Macroeconomic stability dropped due to inflation, while the labour market’s main drop came from the skill level of labour, and female participation in the workforce.

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