This article lists the countries of the Arab League sorted by their gross domestic product (GDP) at nominal values. 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 23* Majority Countries and Half Country of “Arab League members”* and Seven* Observers” Only in 2023. The figures shown are estimates compiled by the International Monetary Fund's World Economic Outlook [1]
| Rank | Country/Territory | 2023 GDP (US$ billion) [1] | 2023 GDP per capita (US$) [2] |
|---|---|---|---|
| — |  World | 119,476,432 | 13,330 |
| — |  Arab World | 3,467 (2013) [1] [n 1] | 7,590 (2014) [3] |
| 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 | 147.343 | 3,979 |
| 09. |  Oman | 108.282 | 21,265 |
| 10. |  Syria | 60.043 (2013) [4] | 2,806 (2017) |
| 11. |  Tunisia | 51.271 | 4,190 |
| 12. |  Jordan | 50.022 | 4,850 |
| 13. |  Bahrain | 44.994 | 28,464 |
| 14. |  Libya | 40.194 | 5,872) |
| 15. |  Sudan | 25.569 | 533.845(“19) |
| 16. |  Lebanon | 21.78 (“21) [4] | 3,283 (2023) |
| 17. |  Yemen | 21.045 | 617 (“24”) |
| 18. |  Palestine | 18.109(2021’) [4] | 3,464 (2021) |
| 19. |  Mauritania | 10.357 | 2,337 (“24”) |
This page compares the sovereign states of Europe on economic, financial and social indicators.
The 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 counties in the Arab World.