Middle east economies

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ditrc.com Middle East Economies

Transcript of Middle east economies

Page 1: Middle east economies

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Middle East Economies

Page 2: Middle east economies

There are sixteen countries in Middle East. And those are Bahrain, Kuwait, Lebanon, Egypt, Oman, Qatar Saudi Arabia, Turkey, United Arab Emirates, Iran, Jordan, Iraq, Yemen, Israel, Syria, Palestine.

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Here we will discuss GDP’s of those Middle East countries and their standings in world ranking with these GDP’s which have suitable work environment for foreigners.

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What is GDP?GDP is gross domestic product, the total

economic output of a country. GDP per capita is the total output divided by

the number of people in the population, i.e., the average amount of money each person makes.

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There are two ways to measure GDPPurchasing power Parity (PPP)In common words PPP is how much of a local

goods a person can buy in his country.NominalNominal is how much of internationally traded

goods a person can buy in his country.

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GDP of Bahrain isGDP (PPP) Rank• Total $34.908 billion 96th • Per Capita $29,146 12th

GDP (nominal)• Total $29.028 billion 96th • Per Capita $24,281 12th

Bahrain

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GDP (PPP) Rank• Total $283.976 billion 52nd • Per Capita $71,020 5th

GDP (nominal)• Total $172.350 billion 55th • Per Capita $43,103

23rd

Kuwait

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GDP (PPP) Rank• Total $428.4 billion 49th • Per Capita $145,894 1st

GDP (nominal)• Total $421.98 billion 50th • Per Capita $102,785 2nd

Qatar

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GDP (PPP) Rank• Total $1.668 trillion 14th • Per Capita $53,149

12th

GDP (nominal)• Total $648.971 billion 20th • Per Capita $20,677 38th

Saudi Arabia

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GDP (PPP) Rank• Total $1.665 Trillion 17th • Per Capita $21,198

63rd

GDP (nominal)• Total $751 Billion 18th • Per Capita $9,562 

67th

Turkey

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GDP (PPP) Rank• Total $172.329 billion 65th • Per Capita $44,903 22nd

GDP (nominal)• Total $81.637 billion 64th • Per Capita $21,687 45th

Oman

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GDP (PPP) Rank• Total $641.880 billion 32nd • Per Capita $66,996 7th

GDP (nominal)• Total $339.085 billion 28th • Per Capita $35,392 19th

UAE

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