Economy of the Arab League
- 1 min read
- 4 chapters
Related on Lably
Through Iraq and Gross domestic product
Members of the Arab League are among the richest and poorest of the world, and there is a great disparity in the economic development of members of the league. There is a significant difference imbalance in wealth between the Gulf states, which include Qatar, the United Arab Emirates, Saudi Arabia and war-torn nations within the league, such as: Syria, Iraq and Yemen.
History
Sign in to keep reading
3 more chapters are free with a Lably account.
Free trade agreements
GDP and GDP per capita of member states
Based on latest figures and estimates, the Arab League has a GDP of approximately US$4.148 trillion at nominal values and Int$10.528 trillion at purchasing power parity (PPP). The member state with the largest nominal GDP is Saudi Arabia at US$1.389 trillion, followed by the UAE at US$622 billion and Egypt at US$430 billion. The member state with the highest GDP (PPP) is Saudi Arabia at Int$2.895 trillion, followed by Egypt at Int$2.567 trillion and the UAE at Int$1.006 trillion.
The member state with the smallest nominal GDP is Comoros at US$1.814 billion.
The member state with the highest nominal GDP per capita is Qatar at US$68,138, followed by the UAE at US$54,214 and Saudi Arabia at US$37,811. The member states with the highest GDP (PPP) per capita is Qatar at Int$112,312, followed by the UAE at Int$87,774 and Saudi Arabia at Int$78,815. The member state with the lowest nominal GDP per capita is Yemen at US$384.

