Egypt Ranks 4th in The Economist’s ‘Normalcy Index,’ Showcasing Resilience Despite COVID-19 Pandemic

Egypt Ranks 4th in The Economist’s ‘Normalcy Index,’ Showcasing Resilience Despite COVID-19 Pandemic

CAIRO - 22 July 2021: Among the top 10 countries showing resilience, Egypt ranked 4th with an index of 88.7 in The Economist's "normalcy index" tracking behavioral change due to the COVID-19 pandemic that impacted world economies due to socioeconomic challenges over the past year. The Minister of International Cooperation H.E. Dr. Rania A. Al-Mashat explained that the index incorporates 50 of the world's largest economies that make up for 90% of the global GDP and 76% of the world's population. Egypt's rank as 4th, represents the country's agility and resilience in its ability to withstand the impact of the health crisis, all while maintaining commitment to its own 2030 national agenda and the United Nations Sustainable Development Goals (SDGs). Aiming to track lifestyle changes that occurred due to the health crisis, and monitoring what continues to change, The Economist's "normalcy index" consists of 8 indicators that are split into three domains. The first domain covers transportation and travel and encompasses public transportation, traffic congestion, and number of international and domestic flights; the second domain includes entertainment and addresses how much time is spent outside of the house, cinema box-office revenues, and attendance of professional sports events; and the third