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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.
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.
GDP and GDP per capita of member states
[edit]|
>$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$4.148 trillion at nominal values and Int$10.528 trillion at purchasing power parity (PPP).[1] The member state with the largest nominal GDP is Saudi Arabia at US$1.389 trillion, followed by the UAE at US$622 billion and Egypt at US$430 billion.[1] The member state with the highest GDP (PPP) is Saudi Arabia at Int$2.895 trillion, followed by Egypt at Int$2.567 trillion and the UAE at Int$1.006 trillion.[1]
The member state with the smallest nominal GDP is Comoros at US$1.814 billion.[1]
The member state with the highest nominal GDP per capita is Qatar at US$68,138, followed by the UAE at US$54,214 and Saudi Arabia at US$37,811.[1] The member states with the highest GDP (PPP) per capita is Qatar at Int$112,312, followed by the UAE at Int$87,774 and Saudi Arabia at Int$78,815.[1] The member state with the lowest nominal GDP per capita is Yemen at US$384.[1]
List
[edit]| Country/Territory | GDP (nominal, Billions) | GDP (PPP, Billions) | GDP per capita (nominal) | GDP per capita (PPP) | Year |
|---|---|---|---|---|---|
| 126,295.331 | 222,759.639 | 14,217 | 25,591 | 2026 | |
| 4,148.370[n 1] | 10,527.618[n 2] | 8,911 | 22,613 | 2026 | |
| 1,388.676 | 2,894.592 | 37,811 | 78,815 | 2026 | |
| 621.546 | 1,006.293 | 54,214 | 87,774 | 2026 | |
| 429.645 | 2,566.688 | 3,904 | 23,321 | 2026 | |
| 317.173 | 941.544 | 6,628 | 19,677 | 2026 | |
| 264.784 | 670.507 | 5,677 | 14,376 | 2026 | |
| 217.416 | 358.364 | 68,138 | 112,312 | 2026 | |
| 194.333 | 469.394 | 5,107 | 12,336 | 2026 | |
| 172.920 | 283.133 | 33,164 | 54,303 | 2026 | |
| 117.176 | 247.390 | 21,645 | 45,698 | 2026 | |
| 64.909 | 153.646 | 5,601 | 13,257 | 2026 | |
| 60.745 | 196.564 | 4,893 | 15,833 | 2026 | |
| 60.043 | 136.379 | 2,807 | 6,375 | 2010 | |
| 52.453 | 141.260 | 6,962 | 18,749 | 2026 | |
| 48.849 | 115.915 | 29,569 | 70,165 | 2026 | |
| 44.688 | 126.791 | 864 | 1,956 | 2026 | |
| 34.497 | 70.189 | 6,443 | 13,110 | 2025 | |
| 16.017 | 25.233 | 2,853 | 4,495 | 2024 | |
| 14.352 | 43.912 | 3,033 | 9,280 | 2026 | |
| 14.174 | 34.108 | 813 | 1,956 | 2026 | |
| 7.435 | 30.926 | 384 | 1,596 | 2026 | |
| 4.725 | 10.865 | 4,421 | 10,166 | 2026 | |
| 1.814 | 3.925 | 1,951 | 4,223 | 2026 |