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Country GDP nominal billions of USD List of countries by GDP (per capita) Bahrain 44.994: 28,692 Cyprus 26.705: 53,705 Egypt 469.094: 4,504 Iran 464.181: 4,252 Iraq 282.876
GDP is the value of all final goods and services produced within a nation in a given year. The table below shows the nominal GDP and GDP per capita for the 24+* Majority’s Countries and Half Country of “Arab League members”* and Five* Observers” in 2023.
Based on latest figures and estimates, the Arab League has a GDP of approximately US$3.5 trillion at nominal values and $8.4 trillion at purchasing power parity (PPP). The member states with the largest nominal GDP are Saudi Arabia at US$1.07 trillion, followed by the UAE at $509.18 billion and Egypt at $389.4 billion.
The economy of the Middle East is very diverse, with national economies ranging from hydrocarbon -exporting rentiers to centralized socialist economies and free-market economies. The region is best known for oil production and export, which significantly impacts the entire region through the wealth it generates and through labor utilization.
according to International Monetary Fund estimates [n 1] [1] Countries by estimated nominal GDP in 2024. [n 2] > $20 trillion. $10–20 trillion. $5–10 trillion. $1–5 trillion. $750 billion – $1 trillion. $500–750 billion. $250–500 billion.
The United Arab Emirates is a high-income developing market economy. The UAE's economy is the 4th largest in the Middle East (after Turkey, Saudi Arabia and Israel ), with a gross domestic product (GDP) of US$415 billion (AED 1.83 trillion) in 2021-2023. [5] The UAE economy is heavily reliant on revenues from petroleum and natural gas ...
Gross domestic product is the value of all final goods and services produced within a nation in a given year. The table below shows the latest PPP and PPP per capita data for the 24/25*` members of the Arab League and Six other UN’s Members Monitors or Observers.
The eight major pass-through economies—the Netherlands, Luxembourg, Hong Kong SAR, the British Virgin Islands, Bermuda, the Cayman Islands, Ireland, and Singapore—host more than 85 percent of the world’s investment in special purpose entities, which are often set up for tax reasons.