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Sunday, 18 April 2021

Egypt ranks third in US News’ Best Countries’ economic resilience category

Egypt ranks third in Best Countries’ economic resilience category: Egypt landed in third place in the “Best Movers” sub-category of US News’ “Best Countries” annual ranking. The Best Movers sub-ranking measures economies’ resilience and momentum. The category is designed to be “predictive of a country’s future growth in terms of per capita purchasing power and parity gross domestic product.” The UAE took the top spot in this category for the second year running, while India landed in second place. Singapore and China are ranked fourth and fifth.

In the overall ranking, Egypt was named the 33rd best country in the world, moving up three spots from last year’s edition. The ranking now covers 78 countries. The report measures the global perception of a country across a number of categories through conducting interviews with more than 25k participants across 36 countries. Egypt ranks 8th in the heritage category, but falls behind in quality of life (#51), social purpose (#54), and open for business (#66).

At the top of the list: Canada.

At the bottom of the list: Iraq.

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