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Is Egypt considered rich or poor?

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Economy of EgyptCountry groupDeveloping/emerging Higher-middle income economyStatisticsPopulation107,785,000 (2024 est.)GDPUS$345 billion (nominal, 2024 est.) US$1.899 trillion (PPP, 2024 est.)GDP rank42nd (nominal; 2024) 18th (PPP; 2024)
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