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This is a list of Middle Eastern countries ranked by their Gross Domestic Product (GDP) for 2022, according to IMF. Country. GDP nominal. billions of USD. List of countries by GDP (per capita) Bahrain. 43.544. 28,692.
- Lebanon-2022 GDP Per Capita $6,168
- Turkey-2022 GDP Per Capita $12,600
- Oman-2022 GDP Per Capita $15,150
- Bahrain- 2022 GDP Per Capita $21,000
- Saudi Arabia-2022 GDP Per Capita $21,287
- Cyprus-2022 GDP Per Capita $32,200
- Kuwait-2022 GDP Per Capita $33,000
- Israel- 2022 GDP Per Capita $35,766
- United Arab Emirates-2022 GDP Per Capita $41,800
- Qatar-2022 GDP Per Capita $62,100
Lebanon is a country located between Syria and Israel. The economy of Lebanon can best be described as a liberal economy with perfect mobility of capital and labor. It is a typical open economy based on private ownership and competition. 70% of the economy's Gross Domestic Product is contributed by the services and banking industries. Industrializa...
Turkey, officially known as the Republic of Turkiye, lies on the Anatolian Peninsula. The International Monetary Fund describes the country's economy as an emerging market. Economists and political scientists consider Turkey to be a newly industrialized country. The World Bank classifies Turkey as an upper-middle-ranking company in terms of per cap...
When you think of Middle East countries, the first thing that comes to your mind is oil. You are right. Oil has made Oman one of the richest countries in the world. The country has the least oil reserves in the Arabian and Persian Gulf, meaning it has to exploit more oil. This factor has greatly contributed to the nation's wealth. Oil was first dis...
Bahrain is ranked the fifth richest country in the Middle East and 23rd globally. The country's economy has grown because of tourism, aluminum exports, oil reserves, and natural gas. In 2017 the GDP of Bahrain was considered to be higher than that of Japan and France. According to Book My Forex, the world data shows Bahraini Dinar is ranked as the ...
Number four on this list is Saudi Arabia. Being one of the richest Middle East countries, Saudi Arabia's economy is largely dependent on the production and exporting of petroleum. Saudi is the second largest OPEC member. OPEC is made up of nations that deal with producing and exporting crude oil. It is estimated that Saudi Arabia contributes 18% of...
Cyprus is an island country east of the Mediterranean Sea. The World Bank considers the country a high-income economy. In 2001, the International Monetary Fund listed Cyprus as one of the most advanced economies in the world. The country's economy has grown since it adopted the Euro as the official currency. It is ranked number 37 of the richest co...
Kuwait is one of the richest countries in the Middle East because of its abundant supply of crude oil. The country's oil reserves are strategically placed and have helped the nation to be ranked top among the world's wealthiest nations. The nation is geographically small and has an open economy with about 102 billion barrels of crude oil reserves. ...
Israel is a rich country in the Middle East because of its free market economy. The country's prosperous economy allows it to possess nuclear weapons, a powerful modern military, and sophisticated citizen welfare. Besides these, Israel has a modern infrastructure similar to that of many western countries. They also have a high technology sector. Ac...
The mention of the name the United Arabs Emirates rings a bell of elegance and luxury. The UAE is a country formed by a federation of seven emirates: Abu Dhabi, Ajman, Dubai, Sharjah, Fujairah, Umm Al Quwain, and Ras Al Khaimah. Before the 1950s Fishing, agriculture, and trading pearls were the major economic activities of this gulf nation. In the ...
Regarding GDP Per Capita, Qatar is the richest country in the Middle East. Qatar has maintained this position for several years. Qatar will appear among the top if you search the 'richest list' on any platform. Not only is Qatar the richest country in the Middle East, but it is also among the wealthiest in the world. The country has a population of...
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- Qatar – 2022 GDP per capita $88,046. When it comes to the wealthiest Arab countries, Qatar has been at the top of the list for several years. Of course, you can find this country on virtually any “richest” list you come across in the world.
- United Arab Emirates – 2022 GDP per capita $53,758. When you hear anything about the United Arab Emirates, chances are you immediately think of elegance and luxury.
- Kuwait – 2022 GDP per capita $43,233. Economic diversity in Kuwait is minimal because the economy primarily depends on crude oil. Some of the most powerful countries in the Arab region surround Kuwait, including Iran, Iraq, and Saudi Arabia.
- Saudi Arabia – 2022 GDP per capita $30,436. As you would expect, the economy of Saudi Arabia highly depends on the production and export of petroleum.
Dec 28, 2019 · Country Value Year; 1: Qatar: 50,124.39: 2020: 2: Israel: 44,177.57: 2020: 3: United Arab Emirates: 36,284.55: 2020: 4: Kuwait: 24,811.77: 2020: 5: Bahrain: 20,409.95: 2020: 6: Saudi Arabia: 20,110.32: 2020: 7: Oman: 14,485.39: 2020: 8: Turkey: 8,536.43: 2020: 9: Turkmenistan: 7,612.04: 2019: 10: Lebanon: 4,649.55: 2020: 11: Jordan: 4,282.77 ...
Country/Territory 2023 GDP (US$ billion) 2023 GDP per capita (US$) — World: 119,476,432 13,330 — Arab World: 3,467 (2013) 7,590 (2014) 01. Saudi Arabia: 1,069.44: 32,586 02. UAE: 509.179: 50,602 03. Egypt: 398.397: 3,770 04. Iraq: 254.993: 5,883 05. Qatar: 235.5: 81,968 06. Algeria: 224.107: 5,104 07. Kuwait: 159.687: 32,215 08. Morocco ...
RankCountry/territory2023 Gdp (us$ Billion) [1]2023 Gdp Per Capita (us$) [2]—119,476,43213,330—3,467 (2013) [1] [n 1]7,590 (2014) [3]01.1,069.4432,58602.509.17950,602Dec 28, 2019 · Country Value Year; 1: Turkey: 719,955,000,000.00: 2020: 2: Saudi Arabia: 700,118,000,000.00: 2020: 3: Israel: 407,101,000,000.00: 2020: 4: United Arab Emirates: 358,869,000,000.00: 2020: 5: Pakistan: 262,610,000,000.00: 2020: 6: Iran: 203,471,000,000.00: 2020: 7: Iraq: 166,757,000,000.00: 2020: 8: Qatar: 144,411,000,000.00: 2020: 9: Kuwait ...
May 24, 2024. This statistic shows gross domestic product (GDP) of the MENA countries in 2022. The MENA region in North Africa and the Middle East comprises the countries Algeria, Bahrain,...
