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Iraq boasts the fourth highest GDP among Arab nations


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Iraq boasts the fourth highest GDP among Arab nations

  • IraqiNews
  •  February 18, 2024
  •  1742
  •  2 min
Iraq boasts the fourth highest GDP among Arab nations

Baghdad (IraqiNews.com) – Iraq has the fourth highest GDP among Arab nations, with a GDP of over $255 billion, according to the Kuwait-based Inter-Arab Investment Guarantee Corporation (IAIGC), an affiliate of the Arab League located in Cairo. With oil accounting for at least 40% of its GDP, Iraq’s economy is still largely dependent on it.

With their economies still dominating the Arab world, Saudi Arabia and the United Arab Emirates will account for approximately 46% of the region’s GDP in 2023.

The greatest oil producer in the entire globe is Saudi Arabia, with a GDP last year of around $1.069 trillion in current dollars, or 31.3 percent of the GDP of all Arab countries.

The UAE’s GDP is projected by IAIGC to be $509.2 billion in 2023, or around 14.9% of the GDP of the Arab world.

Egypt’s economy ranked third among Arab nations, with a GDP of $398.4 billion in 2023.

 

https://www.iraqinews.com/iraq/iraq-boasts-the-fourth-highest-gdp-among-arab-nations/

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8 minutes ago, screwball said:

And a worthless currency something to be proud of Suppose! 

 

Hopefully that won’t be for long.  Their mindset and ideology is much different from the Western part of the world.  Regardless how much other nations helped them become free, they don’t like it when outsiders could potentially benefit from a higher currency exchange rate.  Too bad, too sad.   Get over it and RV/RI your money.  Thus, we wait……patiently.   

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“Iraq has the fourth highest GDP among Arab nations, with a GDP of over $255 billion, according to the Kuwait-based Inter-Arab Investment Guarantee Corporation (IAIGC), an affiliate of the Arab League located in Cairo”

 

Another good reason to add value to their currency.

 

Kuwait with the highest currency value in the world, is not even on the list.

 

Go Stronger Dinar

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7 hours ago, Laid Back said:

“Iraq has the fourth highest GDP among Arab nations, with a GDP of over $255 billion, according to the Kuwait-based Inter-Arab Investment Guarantee Corporation (IAIGC), an affiliate of the Arab League located in Cairo”

 

Another good reason to add value to their currency.

 

Kuwait with the highest currency value in the world, is not even on the list.

 

Go Stronger Dinar

Says it all

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7 hours ago, Laid Back said:

“Iraq has the fourth highest GDP among Arab nations, with a GDP of over $255 billion, according to the Kuwait-based Inter-Arab Investment Guarantee Corporation (IAIGC), an affiliate of the Arab League located in Cairo”

 

Another good reason to add value to their currency.

 

Kuwait with the highest currency value in the world, is not even on the list.

 

Go Stronger Dinar

Can we get 3$+ rate please thank you kindly

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