Middle east economies
Transcript of 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.
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.
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.
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.
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
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
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
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
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
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
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