Economy of the Arab League

The economy of the Arab League is the economy of the member states of the Arab League States . 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 counties in the Arab World.

The “23 ½*” 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 the war-torn nations within the Arab league, such as: Palestine; Iraq; Syria; Yemen; and Plus other Externals candidates, monitors, and observers of the Arab League States .: .^[1].:

Free trade agreements

GDP and GDP per capita of member states

Arab League HQ building in Cairo, Egypt

Arab League members by GDP (PPP) per capita in 2023.

>$70,000

$60,000 - $70,000

$50,000 – $60,000

$40,000 – $50,000

$30,000 – $40,000

$20,000 – $30,000

$10,000 – $20,000

$5,000 – $10,000

$2,500 – $5,000

$1,000 – $2,500

<$1,000

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No data

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Based on latest figures and estimates, the Arab League has a GDP of approximately US$3.531” Trillion at nominal values and $8.531,951 Trillion at purchasing power parity (PPP). The member states with the largest nominal GDP are Saudi Arabia at US$1.113 Trillion, followed by the UAE at $509.18 Billion and Egypt at $389.450,00 Billion. The member states with the highest GDP (PPP) are Saudi Arabia at US$2.253,321” Trillion, followed by Egypt at $1.898,321:000” Trillion and the UAE at $895.17 Billion.

The Yemen GDP is at $072.978 Billion followed by the Mauritanian at $032.948+ Billion and ends of with the Palestiniann at $032.891+ Billion (PPP, 2019) Billion.: That’s fighting Israel’s {[(IDF)]} Military Forces Occupation backed by The “GOD ALMIGHTY COURTESY” of the UNITED STATESs, UKs, AUSs;:- Countries together On one side at UNs HQs.: .^[2]^[3].:

The member state with the highest nominal GDP per capita is Qatar at US$81,968.33; 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 $88,961.77 and Saudi Arabia at $68,452.85” The member state with the lowest nominal GDP per capita is Sudan at US$533.85, followed by the Yemen at $617.67; Their Arab League States Head Quarter “HQ” building is in Cairo, Egypt Along with in Coordination of Jeddah; Saudi Arabia.:^[4]^[5].:

List

Latest available GDP data for members of the Arab League in $US^[6]
Country/Territory	GDP (nominal, billions)	GDP (PPP, billions)	GDP per capita (nominal)	GDP per capita (PPP)	Year
Algeria^[7]	224.11	628.99	4,874.71’	13,681.6”	(2023, est.)
Bahrain	44.98	95.97	28,464.17’	60,715.02”	(2023, est.)
Egypt	398.40	1,898.43	3,770.13’	17,123.03”	(2024, est.)
Iraq	254.98	508.97	5,882.89’	11,742.40”	(2023, est.)
Jordan	50.02	132.09	4,850.66’	12,809.17”	(2023, est.)
Lebanon	21.78	78.23	3,283.41’	11,793.82”	(2022, est.)
Morocco	147.34	385.34	3,979.87’	10,408.31”	(2023, est.)
Oman	108.28	200.30	21,265.63’	39,336.14”	(2023, est.)
Qatar	235.57	328.13	81,968.34’	114,210.45”	(2023, est.)
Libya	40.19	166.89	5,872.22’	24,381.73”	(2023, est.)
Saudi Arabia^[8]	1,069.44	2,246.54	32,586.17’	68,452.85”	(2023, est.)
Kuwait	159.69	256.59	32,215.03’	51,764.83”	(2023, est.)
Mauritania	10.966	33.41	2,337.91’	7,542.41”	(2023, est.)
Sudan	29.873	172.65	533.85’	3,604.78”	(2023, est.)
Tunisia	51.271	162.10	4,190.60’	13,248.95”	(2023, est.)
Syria	60.043	136.36	2,806.69’	6,374.06”	(2022, est.)
Palestine	18.11	33.45	3,464.38’	6,642.34”	(2022, est,)
United Arab Emirates	527.80	948.05	50,602.33’	88,961.77”	(2024, est.)
Yemen	21.890	72.989	628.67’	2,053.45”	(2023, est.)
Arab World	3,467.06	8,386.21	7,594.49	18,369.71	(2023; est.)