In 18 months of upheaval, all Egypt's economic indicators have headed south.
Growth is a projected 1.5% this fiscal year, far too feeble to provide a young and rapidly growing population with jobs (80% of Egypt's population is under age 30). Unemployment, one of the engines of the revolution, is estimated to be as high as 25% among the young. Tourism revenues have fallen sharply, and foreign reserves have dwindled to $15 billion. According to the United Nations, some 40% of Egyptians live below the poverty line; 14 million people subsist on less than $1 a day. Institutions are chronically weak and corruption is endemic.