Egypt is the second largest economy in the Arab region in 2020 with a total amount of $361.8 billion, following Saudi Arabia according to the International Monetary Fund (IMF).<\/p>\n
In a report, the IMF said that the Egyptian economy has outperformed several economies in the Arab region despite the severe impacts of the COVID-19 pandemic.<\/p>\n
It added that Egypt\u2019s economy has surpassed oil economies in the region, including the UAE, Iraq, and Qatar.<\/p>\n
The report added that the total size of economies monitored by the IMF in 19 countries registered $2.4 trillion, topped by the Saudi economy with the size of its economy totaling $701.5 billion.<\/p>\n
The UAE\u2019s economy came third, with its economy valued at $354.3 billion, followed by the Iraqi, Qatari, and Algerian economies, with the size of their economies recording $172.1 billion, $146.1 billion, and $144.3 billion respectively.<\/p>\n","protected":false},"excerpt":{"rendered":"
Egypt is the second largest economy in the Arab region in 2020 with a total amount of $361.8 billion, following Saudi Arabia according to the International Monetary Fund (IMF).<\/p>\n","protected":false},"author":4,"featured_media":319992,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22,33],"tags":[333,221],"class_list":["post-321951","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","category-main","tag-i","tag-international-monetary-fund-imf"],"yoast_head":"\n