turkey is the country with the highest gdp (ppp) in the middle east.
turkey is the country with the highest gdp (ppp) in the middle east.
which is the country with the highest gdp (ppp) in the middle east?
turkey
according to the world bank's "world development indicators" database published on july 1, 2009, the three largest middle eastern economies in 2008 were turkey ($794,228), saudi arabia ($467,601) and iran ($385,143) in terms of nominal gdp. regarding nominal gdp per capita, the highest ranking countries are qatar ($93,204), the uae ($55,028), kuwait ($45,920) and cyprus ($32,745). turkey ($1,028,897), iran ($839,438) and saudi arabia ($589,531) had the largest economies in terms of gdp-ppp. when it comes to per capita (ppp)-based income, the highest-ranking countries are qatar ($86,008), kuwait ($39,915), the uae ($38,894), bahrain ($34,662) and cyprus ($29,853). the lowest-ranking country in the middle east, in terms of per capita income (ppp), is the autonomous palestinian authority of gaza and the west bank ($1,100).
middle east
based on latest figures and estimates, the arab league has a total gdp of approximately int$7.695 trillion (6.0% of the world) at purchasing power parity, or us$2.841 trillion (3.55% of the world) at nominal values. the member state with the highest total gdp is saudi arabia at int$1.921 trillion (ppp), or 759.219 billion in current us dollars (nominal). comoros has the lowest gdp at int$1.45 billion (ppp), or us$781 million at nominal. the country with the highest gdp per capita is qatar, at int$133,357 (ppp), or us$68,977 (nominal). yemen has the lowest, with a nominal gdp per capita of us$551 or $1,494 (ppp). therefore, qatar's nominal gdp per capita is around 125 times as high as that of yemen.
economy of the arab league