Growth rate of countries that are in the take-off stage :
1:_ALGERIA= 4.5 %..
2:_Philipenes = 7.3 %
3:_Peru = 9 %
4:_Chile = 5.1 %
5:_ Bulgaria = 6.2 %
6:_Tunisia = 6.3%
7:_India = 9 %
8:_Brazil = 5.4 %
9:_Uruguay = 7.4 %
10:_Morocco =2.2 %
All of these countries’ economies are passing through a stage of transition through some economic reforms to attract more investment and trying to increase foreign and domestic investment in more than one sector (satisfying the conditions of the take-off stage).
Therefore average GDP growth rate for countries in the take-off stage = 6.24 %
We should find the Egyptian GDP growth rate BUT after removing the effect or increase of Suez canal ,and the petroleum sector ,where both of them don’t reflect increase in production .
Tags: Report
