| Part of a series on the |
| Arab world |
|---|
| |
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.
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.
>$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]
[2] .::.
| Country/Territory | GDP (nominal, Billions) | GDP (PPP, Billions) | GDP per capita (nominal) | GDP per capita (PPP) | Year |
|---|---|---|---|---|---|
| 113,795.678 | 206,878.221 | 14,217 | 25,591 | 2025 | |
| 1,083.750 | 2,229.611 | 30,099 | 61,923 | 2025 | |
| 548.598 | 905.227 | 49,498 | 81,676 | 2025 | |
| 347.342 | 2,371.530 | 3,174 | 21,668 | 2025 | |
| 268.885 | 875.334 | 5,690 | 18,525 | 2025 | |
| 258.020 | 690.902 | 5,668 | 15,178 | 2025 | |
| 222.776 | 378.083 | 71,653 | 121,605 | 2025 | |
| 165.835 | 424.871 | 4,397 | 11,266 | 2025 | |
| 153.101 | 260.503 | 29,951 | 50,961 | 2025 | |
| 104.351 | 231.160 | 18,966 | 42,015 | 2025 | |
| 60.043 | 136.379 | 2,807 | 6,375 | 2010 | |
| 56.291 | 183.725 | 4,528 | 14,779 | 2025 | |
| 56.102 | 131.677 | 4,903 | 11,508 | 2025 | |
| 47.829 | 112.366 | 28,857 | 67,795 | 2025 | |
| 47.484 | 123.987 | 6,801 | 17,758 | 2025 | |
| 31.506 | 117.773 | 625 | 2,336 | 2025 | |
| 28.280 | 63.168 | 5,282 | 11,798 | 2024 | |
| 17.848 | 30.737 | 3,259 | 5,612 | 2023 | |
| 17.401 | 69.960 | 417 | 1,675 | 2025 | |
| 2.585 | 9.945 | 4,343 | 9,415 | 2025 | |
| 3,546.040 [n 1] | 9,423.146 [n 2] | 7,369 | 19,581 | 2025 |