Economy of the Arab League

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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 countries in the Arab World.

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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

GDP and GDP per capita of member states

Arab League HQ building in Cairo; Doha; & Jeddah; Egypt; Saudi Arabia, & United Arab Emirates Arab Leage HQ 977.PNG
Arab League HQ building in Cairo; Doha; & Jeddah; Egypt; Saudi Arabia, & United Arab Emirates
Arab League members by GDP (PPP) per capita in 2023
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>$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
No data GDP (PPP) per capita map of the Arab League (October 2023 IMF data).svg
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
  No data

Based on latest figures and estimates, the Arab League has a GDP of approximately US$3.546 trillion at nominal values and US$9.423 trillion at purchasing power parity (PPP). [1] The member states with the largest nominal GDP are Saudi Arabia at US$1.084 trillion, followed by the UAE at US$549 billion and Egypt at US$347 billion. [1] The member states with the highest GDP (PPP) are Egypt at US$2.372 trillion, followed by Saudi Arabia at US$2.230 trillion and the UAE at US$905 billion. [1]

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

The member states with the highest nominal GDP per capita are Qatar at US$71,653, followed by the UAE at US$49,498 and Saudi Arabia at US$30,099. [1] The member state with the highest GDP (PPP) per capita is Qatar at US$121,605, followed by the UAE at US$81,676 and Bahrain at US$67,795. [1] The member state with the lowest nominal GDP per capita is Yemen at US$417. [1]

List

Latest available GDP data for members of the Arab League in $US [1]
Country/TerritoryGDP (nominal, Billions)GDP (PPP, Billions)GDP per capita (nominal)GDP per capita (PPP)Year
Flag of the United Nations.svg World113,795.678206,878.22114,21725,5912025
Flag of the Arab League.svg Arab League 3,546.040 [n 1] 9,423.146 [n 2] 7,36919,5812025
Flag of Saudi Arabia.svg  Saudi Arabia 1,083.7502,229.61130,09961,9232025
Flag of the United Arab Emirates.svg  United Arab Emirates 548.598905.22749,49881,6762025
Flag of Egypt.svg  Egypt 347.3422,371.5303,17421,6682025
Flag of Algeria.svg  Algeria 268.885875.3345,69018,5252025
Flag of Iraq.svg  Iraq 258.020690.9025,66815,1782025
Flag of Qatar.svg  Qatar 222.776378.08371,653121,6052025
Flag of Morocco.svg  Morocco 165.835424.8714,39711,2662025
Flag of Kuwait.svg  Kuwait 153.101260.50329,95150,9612025
Flag of Oman.svg  Oman 104.351231.16018,96642,0152025
Flag of Syria (2025-).svg  Syria 60.043136.3792,8076,3752010
Flag of Tunisia.svg  Tunisia 56.291183.7254,52814,7792025
Flag of Jordan.svg  Jordan 56.102131.6774,90311,5082025
Flag of Bahrain.svg  Bahrain 47.829112.36628,85767,7952025
Flag of Libya.svg  Libya 47.484123.9876,80117,7582025
Flag of Sudan.svg  Sudan 31.506117.7736252,3362025
Flag of Lebanon.svg  Lebanon 28.28063.1685,28211,7982024
Flag of Palestine.svg  Palestine 17.84830.7373,2595,6122023
Flag of Yemen.svg  Yemen 17.40169.9604171,6752025
Flag of Somalia.svg  Somalia 12.99432.4967661,9162025
Flag of Mauritania.svg  Mauritania 11.47040.0602,4788,6542025
Flag of Djibouti.svg  Djibouti 4.5879.9424,3439,4152025
Flag of the Comoros.svg  Comoros 1.5483.6551,7024,0182025

Notes

  1. The sum of all GDP figures below.
  2. The sum of all GDP figures below.

References

  1. 1 2 3 4 5 6 7 8 "Report for Selected Countries and Subjects". IMF. Retrieved 2 July 2025.