Egyptian family's average annual income

[Winged Isis]

Egyptian family's average annual income is LE25,000, agency reports
MENA
Wed, 28/11/2012 - 20:03

The average annual Egyptian household income during 2010-2011 was LE25,353, according to the Central Agency for Public Mobilization and Statistics.

The agency said that the average household income in urban areas was about LE30,205, compared to LE21,370 for families living in the countryside.

In a study of the sources of the Egyptian family’s income based on data of income, expenditure and consumption in 2010-2011, the agency divided Egyptian society into six economic categories.

The lowest category includes households that earn less than LE10,000 a year, followed by families whose income is between LE10,000 to less than LE15,000, then families earning between LE15,000 and LE20,000.

The two upper categories consist of families whose income is between LE20,000-30,000 and LE30,000-50,000 a year. Families who earn more than LE50,000 a year are in the highest category.

According to the agency, 70.4 percent of family income comes from work, while 15.9 percent is from cash and commodity transfers, 10.6 percent is the estimated rental value of the home the family owns or occupies, and 3.1 percent is other property.

Edited translation from MENA

http://www.egyptindependent.com/news/eg ... cy-reports

[Horus]

Its no wonder that so many expats want to live there, it must be extremely cheap compared with their home countries, even a basic UK pensioner would have more disposable income than the average well off Egyptian family.

[LovelyLadyLux]

Given these stats it is no wonder those expats who were unable to make it in their own country flocked to Egypt. Can you imagine if these same expats had to return? They'd never make it.