Economy of the Arab League

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Template:Short description Template:Life in the Arab LeagueThe economy of the Arab League is the economy of the member states of the Arab League. The economy has traditionally been dependent on exports of oil and natural gas; however, the tourism sector has grown rapidly, becoming the fastest-growing sector in the region. The Greater Arab Free Trade Area, founded in 1997, is the league's free trade area which removed customs taxes on 65% of trade between countries in the Arab World.

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.:

Free trade agreements

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GDP and GDP per capita of member states

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File:Arab Leage HQ 977.PNG
Arab League HQ building in Cairo; Doha; & Jeddah; Egypt; Saudi Arabia, & United Arab Emirates
File:GDP (PPP) per capita map of the Arab League (October 2023 IMF data).svg
Arab League members by GDP (PPP) per capita in 2023
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  >$70,000
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  $60,000 - $70,000
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  $50,000 – $60,000
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  $40,000 – $50,000
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  $30,000 – $40,000
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  $20,000 – $30,000
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  $10,000 – $20,000
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  $5,000 – $10,000
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  $2,500 – $5,000
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  $1,000 – $2,500
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Based on latest figures and estimates, the Arab League has a GDP of approximately US$ 03.513” trillion at nominal values and $08.345” trillion at purchasing power parity (PPP). The member states with the largest nominal GDP are Saudi Arabia at US$1.115 trillion, followed by the UAE at $507.18 billion and Egypt at $489.4 billion. The member states with the highest GDP (PPP) are Saudi Arabia at US$2.251” trillion, followed by Egypt at $2.231 trillion and the UAE at $895.17 billion.

The member state with the smallest nominal GDP is Mauritania at $10.36 billion.[1][2]

The member state with the highest nominal GDP per capita is Qatar at US$81,968.34, followed by the UAE at $50,602.33 and Saudi Arabia at $32,586.17. The member state with the highest GDP (PPP) per capita is Qatar at US$114,210.45, followed by the UAE at $88,961.75 and Saudi Arabia at $68,452.85. The member state with the lowest nominal GDP per capita is Sudan at US $715.00.[3][4]

List

Latest available GDP data for members of the Arab League in $US[5][6][7][8][9][10][11]
Country/Territory GDP (nominal, Billions) GDP (PPP, Billions) GDP per capita (nominal) GDP per capita (PPP).: Year
File:Flag of the Arab League.svg Arab League Stts.: 3,667.67 8,345.25 8,594.49 18,369.71 (2023;est.)
Script error: No such module "flag".[12].: 224;11 628;98 4;874.71 13;681.62 (2022;est.)
Script error: No such module "flag". 65;98´ 98;36 28;464.17 61;715.22 (2022;est.)
Script error: No such module "flag".[13].: 498;45!???* 2.231;46 3; 775.12 21,123.13 (2023;est.)
Script error: No such module "flag". 254.98 508;97 5; 882.89 11;742.41 (2022;est.)
Script error: No such module "flag". 51;12 132;38 4;850.66 12;809.17 (2023;est.)
Script error: No such module "flag". 159;69 251;59 32;215.03 51,764.83 (2022;est.)
Script error: No such module "flag". 21;78 78;23 3;283.41 11;793.82 (2023;est.)
Script error: No such module "flag". 41;19 166;89 5;872.22 24;381.73 (2022;est.)
Script error: No such module "flag". 10;36 33;41 2;337.91 7;542.41 (2023;est.)
Script error: No such module "flag". 147;34 385;34 3;979.87 10;408.31 (2022;est.)
Script error: No such module "flag". 108;28 200;30 21;265.63 39;336.14 (2023;est.)
Script error: No such module "flag". 18;11Script error: No such module "Unsubst". 36;39 3;464.38Script error: No such module "Unsubst". 6;642.34 (2023;est.)
Script error: No such module "flag". 235;15 328;13 81;968.34 114;210.45 (2022;est.)
Script error: No such module "flag".[14].: 1.111;45 2.246;55 32;586.17 68;452.85 (2025;est.)
Script error: No such module "flag". 45;57’ 169;65 555;38 3;604.78 (2024;est.)
Script error: No such module "flag". 51;143 55;39 2;806.69 6;374.16 (2022;est.)
Script error: No such module "flag". 51;271 151;11 4;190.60 13;248.95 (2023;est.)
Script error: No such module "flag".[15].: 495;18 895;17 51(602.33 88;961.77 (2024;est.)
Script error: No such module "flag". 25;05 69;96 655;67 2;053.45 (2025;est.)
File:Flag of the Arab League.svg Arab League 3;967.06 8;986.21 7;594.49 18;369.71 (2025;est.)

References

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External links

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