Google drives estimated LE 11.2B to Egyptian economy in 2021: report

CAIRO - 24 May 2022: Google directed an estimated LE 11.2 billion in economic activity in Egypt in 2021, according to the Google Impact Report.

 

The Google Impact Report, which Google announced its launch, is conducted by Public First research agency that looks at how Google products (Search, Play, Maps,YouTube and Google Ads) help people, local businesses, content creators and developers in Egypt, Saudi Arabia and the UAE. Around the world, Google releases Impact Reports which are based on public polling, economic modeling and third party data. 

 

The Google Impact Report in Egypt explores the impact of Google  products in 2021 across three areas: People, Businesses and Economy. 

 

According to the findings of the report, the Android developer ecosystem supports at least 85,000 jobs in Egypt every year.

 

It added that YouTube channels making 6 figures or more in revenue are up by 55 percent year over year [Google Internal Data - 2021] and that the total number of developers making $10,000 per month on Google Play grew by 22 percent [Google Internal Data - 2021].

 

 

The key findings revealed that 71 percent of people used Google Search to find the latest Covid-19 public health information, and 54 percent of parents (with children under the age of 12) used YouTube Kids to support their children's learning.

 

The findings also included that 77 percent and 58 percent of people used Google Search to learn a new skill and find a new job opportunity, respectively. ِEvery month, an average of 11 million women use Google Search to look for a new job.

 

 

As for businesses in Egypt, the results showed that 45 percent of people used Google Maps to find a local business, and that 49 percent of businesses reported an increase of customers coming from online search or search advertising in the last two years.

 

56 percent of online businesses said that Google Workspace was essential in enabling remote working. Google Workspace is a collection of cloud computing and collaboration tools like Google Drive, Gmail and Meet, according to the findings.

 

“In the last couple of years, Covid-19 has helped accelerate some pre-existing trends such as the rise of e-commerce, the shift towards remote working and the use of online tools to support lifelong learning. In our research, people and businesses across the Middle East told us how important Google’s tools and services had been in enabling them to adapt to these changes: helping small businesses start to sell online, supporting workers to collaborate better online and children to keep learning,” said Jonathan Dupont, Partner at Public First. 

 

Commenting on the report, Hisham ElNazer, Google’s Country Manager in Egypt, said: “We’re happy to see how people, businesses, content creators and developers in Egypt used our products like Search, YouTube, Maps and Android in their own way to grow and innovate in the face of adversity and change over the last few years. We’re deeply committed to investing and doing more in Egypt this year through programs and local partnerships, whether to help individuals gain necessary skills to grow, or support businesses with tools and mentorship to scale successfully online”. 

 

In October 2020, Google announced a $13 million fund to help one million people and businesses in the Middle East and North Africa learn digital skills and grow their businesses by the end of 2021. 

 

The program aims to accelerate the MENA region’s economic recovery through digital transformation, by offering digital tools, training and financial grants to support local businesses and job seekers.