Egypt's Economy Ranked 3rd on Movers Fastest Growing Economies

Egypt's economy has come third on US News Movers subranking for the Fastest Growing Economies.

The subranking targeted introducing a model for the listed countries' economies in the near future and their resiliency and momentum.

Moreover, it is based on several indicators such as "per capita purchasing power" and the parity of the GDP.

The UAE came first on the list, followed by India, and Singapore and China came the fourth and fifth.

Regarding the other subrankings, Egypt has come eighth on the Heritage Subranking list, the 51st on Quality of Life subranking list, 54th on the Social Purpose subranking list, and 66th on Open for Business one.

However, it was listed 33th on the US News 78-Best Countries Overall Ranking instead of 36th in 2020, while Canada came first on the list, and Iraq is among the last countries.