User:Acg22d/Suez Canal

Suez Canal Economic Impact on Egypt.
The Suez Canal plays a major role in global trade, which Egypt profits from. The Egyptian government collects revenue from the canal through tolls and transit fees.

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As of January 2023, the monthly revenue made by the Egyptian government through the Suez Canal reached around 23 billion Egyptian Pounds (743 million USD). Roughly 12% of global trade passes through the Suez Canal, with 18,800 ships passing through the canal in 2019. The Suez Canal Authority, a state owned group that controls and operates the Suez Canal, also offers employment to about 14,000 employees.