Does Egypt Have the Most Expensive Ikea in the World?

The Billy bookcase is one of Ikea’s most iconic items, a popular selection sold throughout the world, with 41 million sales since it was first introduced in the market in 1979.

A recent survey by Bloomberg compared the prices of the Billy bookcase in 48 countries and guess which one was the most expensive?

In Egypt, a white Billy bookcase costs $101.55, while in Slovakia — the cheapest country surveyed — it costs just $39.35. The average price for all 48 countries is $58.10.

Egypt is witnessing a rampant rise in prices, with urban inflation peaking at 13 percent this year. Meanwhile, prices are falling in European countries.

WE SAID THIS: Don’t miss What You Can Actually Get for the Price of a Car in Egypt.