Economy of the Organisation of Islamic Cooperation
The economy of the Organisation of Islamic Cooperation (OIC) combines the economies of 57 member states. 53 are predominantly Muslim states. Those 57 OIC countries have a combined GDP (at Purchasing power parity; PPP) of US$27,949 billion. The richest country on the basis of GDP per capita at PPP is United Arab Emirates. On basis of per capita GDP, Qatar is richest country with incomes exceeding US$133,357 per capita. According to a report by Salam Standard, the GDP impact of the world’s Muslim tourism sector exceeded $138 billion in 2015, generating 4.3 million jobs and contributing more than $18 billion in tax revenue.[1]
Statistics
| GDP (nominal) | GDP (PPP) | GDP / capita | GDP / capita (PPP) | Exports | Imports | HDI | |
|---|---|---|---|---|---|---|---|
 Indonesia |
1,152,889,600,000 | 3,764,176,000,000 | 4,290 | 14,009 | 168,800,000,000 | 185,900,000,000 | 0.74 |
 Turkey |
961,655,000,000 | 2,465,090,000,000 | 11,602 | 29,741 | 157,300,000,000 | 242,900,000,000 | 0.806 |
 Saudi Arabia |
759,219,500,000 | 1,921,484,000,000 | 22,538 | 57,041 | 231,300,000,000 | 136,800,000,000 | 0.857 |
 Iran |
413,114,300,000 | 1,858,584,000,000 | 4,961 | 22,320 | 91,990,000,000 | 59,000,000,000 | 0.797 |
 Egypt |
263,868,117,949 | 1,393,484,100,000 | 2,501 (2017 est) | 14,045 | 23,530,000,000 | 59,220,000,000 | 0.700 |
 Bangladesh |
347,991,000,000 | 917,805,200,000 | 2,067 | 5,453 | 40,530,000,000 | 40,690,000,000 | 0.614 |
 Nigeria |
475,566,900,000 | 1,216,671,600,000 | 2,387 | 6,107 | 40,810,000,000 | 40,260,000,000 | 0.534 |
 Pakistan |
107,306,731,108,890 | 1,220,761,000,000 | 1,641 (2018 est) | 5,958 | 21,940,000,000 | 40,580,000,000 | 0.560 |
 Malaysia |
402,605,500,000 | 1,074,677,400,000 | 12,240 | 32,673 | 188,200,000,000 | 192,900,000,000 | 0.804 |
 United Arab Emirates |
427,830,200,000 | 753,966,900,000 | 39,802 | 70,143 | 314,700,000,000 | 273,500,000,000 | 0.866 |
 Algeria |
208,773,400,000 | 700,012,100,000 | 4,845 | 16,246 | 33,150,000,000 | 22,530,000,000 | 0.759 |
 Iraq |
233,402,400,000 | 744,723,400,000 | 5,709 | 18,216 | 56,740,000,000 | 56,890,000,000 | 0.689 |
 Kazakhstan |
190,469,800,000 | 529,405,700,000 | 10,165 | 28,254 | 49,290,000,000 | 42,820,000,000 | 0.817 |
 Kuwait |
140,146,300,000 | 320,338,000,000 | 30,109 | 68,822 | 54,090,000,000 | 36,540,000,000 | 0.808 |
 Qatar |
193,906,000,000 | 374,891,000,000 | 68,977 | 133,357 | 56,260,000,000 | 6,706,000,000 | 0.848 |
 Morocco |
129,033,000,000 | 334,532,700,000 | 3,625 | 9,400 | 24,570,000,000 | 45,830,000,000 | 0.676 |
 Oman |
85,636,500,000 | 207,342,000,000 | 19,487 | 47,183 | 31,900,000,000 | 8,709,000,000 | 0.834 |
 Libya |
46,923,000,000 | 79,417,000,000 | 7,133 | 12,073 | 19,720,000,000 | 10,820,000,000 | 0.708 |
 Uzbekistan |
47,892,000,000 | 256,390,000,000 | 1,455 | 7,791 | 11,380,000,000 | 3,800,000,000 | 0.710 |
 Azerbaijan |
47,926,500,000 | 190,237,000,000 | 4,764 | 18,911 | 15,690,000,000 | 10,060,000,000 | 0.754 |
 Tunisia |
41,956,700,000 | 149,094,000,000 | 3,568 | 12,682 | 14,220,000,000 | 12,860,000,000 | 0.739 |
 Yemen |
17,452,500,000 | 47,304,000,000 | 551 | 1,494 | 501,200,000 | 4,190,000,000 | 0.463 |
 Sudan |
43,160,800,000 | 209,751,000,000 | 992 | 4,724 | 3,808,000,000 | 6,823,000,000 | 0.507 |
 Lebanon |
56,379,400,000 | 94,661,000,000 | 11,775 | 19,987 | 4,051,000,000 | 8,855,000,000 | 0.730 |
 Jordan |
44,794,500,000 | 98,001,000,000 | 6,011 | 13,151 | 7,734,000,000 | 8,681,000,000 | 0.723 |
 Syria |
77,460,000,000 (2015 est) | 121,600,000,000 (2009 est) | 1,364 (2015 est) | 2,900 (2009 est) | 1,786,000,000 | 5,973,000,000 | 0.549 |
 Turkmenistan |
46,401,900,000 | 121,303,000,000 | 7,963 | 20,817 | 7,394,000,000 | 4,175,000,000 | 0.710 |
 Afghanistan |
22,925,700,000 | 76,714,000,000 | 627 | 2,101 | 784,000,000 | 3,870,000,000 | 0.496 |
 Cameroon |
41,748,000,000 | 100,920,000,000 | 1,636 | 3,956 | 5,158,000,000 | 2,514,000,000 | 0.553 |
 Ivory Coast |
52,979,300,000 | 116,397,000,000 | 2,016 | 4,430 | 11,080,000,000 | 4,759,000,000 | 0.516 |
 Uganda |
29,690,000,000 | 103,138,000,000 | 742 | 2,578 | 2,902,000,000 | 1,608,000,000 | 0.528 |
 Bahrain |
39,703,100,000 | 77,590,000,000 | 26,277 | 51,354 | 14,330,000,000 | 7,830,000,000 | 0.838 |
 Senegal |
21,722,700,000 | 51,758,000,000 | 1,293 | 3,082 | 2,546,000,000 | 2,405,000,000 | 0.514 |
 Albania |
16,146,900,000 | 40,451,000,000 | 5,626 | 14,095 | 960,900,000 | 2,473,000,000 | 0.791 |
 Gabon |
18,096,500,000 | 40,871,000,000 | 9,233 | 20,854 | 5,078,000,000 | 1,533,000,000 | 0.702 |
 Mozambique |
15,017,000,000 | 40,506,000,000 | 481 | 1,300 | 4,773,000,000 | 2,041,000,000 | 0.446 |
 Brunei |
14,791,100,000 | 38,216,000,000 | 33,623 | 86,873 | 5,776,000,000 | 1,641,000,000 | 0.845 |
 Burkina Faso |
15,867,600,000 | 42,026,000,000 | 793 | 2,101 | 2,797,000,000 | 992,000,000 | 0.423 |
 Chad |
12,240,900,000 | 31,759,000,000 | 956 | 2,480 | 2,438,000,000 | 749,100,000 | 0.401 |
 Mali |
19,247,700,000 | 47,097,000,000 | 954 | 2,336 | 3,036,000,000 | 1,858,000,000 | 0.427 |
 Tajikistan |
8,176,100,000 | 32,077,000,000 | 887 | 3,482 | 794,700,000 | 1,250,000,000 | 0.656 |
 Benin |
12,200,000,000 | 29,845,000,000 | 1,040 | 2,546 | 1,760,000,000 | 1,043,000,000 | 0.520 |
 Kyrgyzstan |
8,029,300,000 | 26,030,000,000 | 1,231 | 3,994 | 1,768,000,000 | 937,400,000 | 0.674 |
 Niger |
10,717,700,000 | 25,274,000,000 | 537 | 1,267 | 1,177,000,000 | 588,000,000 | 0.377 |
 Guinea |
11,698,800,000 | 30,980,000,000 | 858 | 2,273 | 2,115,000,000 | 680,000,000 | 0.466 |
 Mauritania |
5,540,500,000 | 19,342,000,000 | 1,365 | 4,765 | 1,606,000,000 | 1,124,000,000 | 0.527 |
 Sierra Leone |
3,976,200,000 | 13,134,000,000 | 513 | 1,697 | 836,800,000 | 531,000,000 | 0.438 |
 Togo |
6,078,600,000 | 14,925,000,000 | 740 | 1,819 | 1,002,000,000 | 1,047,000,000 | 0.513 |
 Suriname |
4,226,900,000 | 9,197,200,000 | 7,076 | 15,398 | 1,976,000,000 | 750,000,000 | 0.724 |
 Guyana |
3,911,700,000 | 7,050,000,000 | 5,046 | 9,097 | 1,474,000,000 | 681,600,000 | 0.670 |
 Somalia |
8,210,000,000 | 20,560,000,000 | 744 | 1,863 | 819,000,000 | 576,000,000 | 0.351 |
 Maldives |
5,169,800,000 | 7,935,500,000 | 13,902 | 21,344 | 256,200,000 | 567,000,000 | 0.719 |
 Gambia |
1,159,290,000 | 4,174,000,000 | 517 | 1,865 | 109,700,000 | 197,000,000 | 0.466 |
 Guinea-Bissau |
1,728,651,000 | 3,648,200,000 | 972 | 2,054 | 281,200,000 | 176,000,000 | 0.461 |
 Djibouti |
2,380,300,000 | 4,321,500,000 | 2,207 | 4,006 | 155,500,000 | 987,000,000 | 0.495 |
 Comoros |
781,300,900 | 1,457,000,000 | 894 | 1,669 | 18,400,000 | 115,000,000 | 0.538 |
 Palestine |
9,828,000,000 | 21,220,000,000 | 3,576 | 7,722 | 1,955,000,000 | 6,476,000,000 | 0.690 |
 OIC |
7,580,179,168,739 | 22,148,546,500,000 | 7,360 | 17,741 | 1,746,527,600,000 | 1,620,011,100,000 | 0.672 |
 Russia |
1,754,285,200,000 | 4,322,616,000,000 | 12,191 | 30,039 | 336,800,000,000 | 121,900,000,000 | 0.824 |
 Thailand |
520,074,200,000 | 1,389,606,000,000 | 7,510 | 20,066 | 228,200,000,000 | 121,900,000,000 | 0.765 |
 Bosnia and Herzegovina |
21,502,000,000 | 49,802,000,000 | 6,140 | 14,221 | 4,803,000,000 | 9,294,000,000 | 0.769 |
 Central African Republic |
2,334,200,000 | 3,812,000,000 | 450 | 735 | 118,500,000 | 237,300,000 | 0.381 |
 Northern Cyprus |
26,359,000,000 | 35,195,000,000 | 30,520 | 40,751 | 2,905,000,000 | 7,884,000,000 | 0.869 |
| OIC observer states | 2,324,554,600,000 | 5,801,031,000,000 | 11,362 | 21,162 | 572,826,500,000 | 261,215,300,000 | |
| OIC (Including observer)
|
9,904,733,768,739 | 27,949,577,500,000 | 9,361 | 19,451 | 2,319,354,100,000 | 1,881,226,400,000 | |
| % of World | 12.40% | 22.06% | 87.26% | 115.92% | 11.61% | 2.16% | |
 World |
79,865,481,000,000 | 126,687,917,000,000 | 10,728 | 16,779 | 17,779,000,000,000[ | 74,899,000,000,000 | 0.731 |
*Observer nations in italic
- Economic Growth for 5 years (GDP)
| Country | 2003 | 2004 | 2005 | 2006 | 2007 | 5 Yr Avg. |
|---|---|---|---|---|---|---|
| Azerbaijan |
10.4 | 10.2 | 24.3 | 25.6 | 26.4 | 19.4 |
| Afghanistan |
15.7 | 8.0 | 14.0 | 12.0 | 11.1 | 12.2 |
| Chad |
14.7 | 31.3 | 12.2 | 0.1 | 2.5 | 12.2 |
| Turkmenistan |
17.1 | 14.7 | 9.6 | 9.0 | 9.0 | 11.9 |
| United Arab Emirates |
11.9 | 9.7 | 8.5 | 11.5 | 5.8 | 9.5 |
| Kazakhstan |
9.3 | 9.6 | 9.4 | 8.3 | 7.7 | 8.9 |
| Tajikistan |
10.2 | 10.6 | 6.7 | 8.0 | 6.0 | 8.3 |
| Sudan |
4.9 | 5.2 | 7.9 | 12.1 | 11.3 | 8.3 |
| Mauritania |
5.6 | 5.2 | 5.4 | 14.1 | 10.6 | 8.2 |
| Kuwait |
13.4 | 6.2 | 8.5 | 6.2 | 4.7 | 7.8 |
| Mozambique |
7.9 | 7.5 | 7.7 | 7.9 | 7.0 | 7.6 |
| Sierra Leone |
9.3 | 7.4 | 7.2 | 7.4 | 6.5 | 7.6 |
| Nigeria |
10.7 | 6.0 | 6.9 | 5.2 | 6.4 | 7.0 |
| Qatar |
5.9 | 11.2 | 6.5 | 6.7 | 4.7 | 7.0 |
| Pakistan |
4.9 | 7.4 | 8.0 | 6.2 | 7.0 | 6.7 |
| Uzbekistan |
4.2 | 7.7 | 7.0 | 7.2 | 7.0 | 6.6 |
| Bahrain |
7.2 | 5.4 | 6.9 | 7.1 | 6.3 | 6.6 |
| Turkey |
5.8 | 8.9 | 7.4 | 5.0 | 5.0 | 6.4 |
| Saudi Arabia |
7.7 | 5.3 | 6.6 | 5.8 | 6.5 | 6.4 |
| Jordan |
4.2 | 8.4 | 7.2 | 6.0 | 5.0 | 6.2 |
| Bangladesh |
5.8 | 6.1 | 6.2 | 6.2 | 6.2 | 6.1 |
| Burkina Faso |
7.9 | 4.0 | 7.1 | 5.6 | 5.8 | 6.1 |
| Maldives |
8.5 | 9.5 | -5.5 | 13.0 | 4.0 | 5.9 |
 Malaysia |
5.5 | 7.2 | 5.2 | 5.5 | 5.8 | 5.8 |
| Albania |
5.7 | 5.9 | 5.5 | 5.0 | 6.0 | 5.6 |
| Iran |
6.7 | 5.6 | 5.4 | 5.4 | 4.9 | 5.6 |
| Tunisia |
5.6 | 6.0 | 4.2 | 5.8 | 6.0 | 5.5 |
| Uganda |
4.4 | 5.7 | 6.0 | 5.5 | 6.0 | 5.5 |
| Algeria |
6.9 | 5.2 | 5.3 | 4.9 | 5.0 | 5.5 |
| Oman |
2.0 | 5.6 | 6.7 | 7.1 | 5.7 | 5.4 |
| Senegal |
6.7 | 5.6 | 5.5 | 4.0 | 5.3 | 5.4 |
| Suriname |
5.3 | 7.8 | 5.1 | 4.5 | 4.4 | 5.4 |
| Libya |
9.1 | 4.6 | 3.5 | 5.0 | 4.6 | 5.4 |
| Indonesia |
4.8 | 5.1 | 5.6 | 5.2 | 6.0 | 5.3 |
| Gambia |
6.9 | 5.1 | 5.0 | 4.5 | 5.0 | 5.3 |
| Mali |
7.2 | 2.4 | 6.1 | 5.1 | 5.4 | 5.2 |
| Kyrgyzstan |
7.0 | 7.0 | -0.6 | 5.0 | 5.5 | 4.8 |
| Egypt |
3.1 | 4.1 | 4.9 | 5.6 | 5.6 | 4.7 |
| Morocco |
5.5 | 4.2 | 1.7 | 7.3 | 3.3 | 4.4 |
| Benin |
3.9 | 3.1 | 2.9 | 4.5 | 5.1 | 3.9 |
| Niger |
5.3 | -0.6 | 7.0 | 3.5 | 4.2 | 3.9 |
| Cameroon |
4.0 | 3.7 | 2.6 | 4.2 | 4.3 | 3.8 |
| Djibouti |
3.2 | 3.0 | 3.2 | 4.2 | 5.0 | 3.7 |
| Guinea |
1.2 | 2.7 | 3.3 | 5.0 | 5.4 | 3.5 |
| Yemen |
3.1 | 2.6 | 3.8 | 3.9 | 2.5 | 3.2 |
| Guinea-Bissau |
-0.6 | 2.2 | 3.2 | 4.6 | 5.2 | 2.9 |
| Togo |
1.9 | 3.0 | 0.8 | 4.2 | 4.5 | 2.9 |
| Syria |
1.0 | 3.1 | 2.9 | 3.2 | 3.7 | 2.8 |
| Lebanon |
5.0 | 6.0 | 1.0 | -3.2 | 5.0 | 2.8 |
| Gabon |
2.4 | 1.4 | 2.9 | 2.2 | 2.5 | 2.3 |
| Comoros |
2.5 | -0.2 | 4.2 | 1.2 | 3.0 | 2.1 |
| Brunei |
2.9 | 0.5 | 0.4 | 3.7 | 2.6 | 2.0 |
| Ivory Coast |
-1.5 | 1.8 | 1.9 | 1.9 | 3.0 | 1.4 |
| Guyana |
-0.7 | 1.6 | -3.0 | 3.5 | 4.1 | 1.1 |
| Iraq |
- | - | - | - | - | - |
| Palestine |
- | - | - | - | - | - |
| Somalia |
- | - | - | - | - | - |
| Average | 6.1 | 6.0 | 5.5 | 6.1 | 5.9 | 5.9 |
See also
- List of Organisation of Islamic Cooperation member states by population
- List of Organisation of Islamic Cooperation member states by GDP (PPP)
- List of Organisation of Islamic Cooperation member states by exports
- List of Organisation of Islamic Cooperation member states by imports
- Middle East economic integration
- Economy of the Arab League
- Economy of the European Union
Notes
- ^ CIA - The World Factbook.
- ^ IMF - World Economic Outlook Database, September 2006, Data for Iraq, Somalia, & Palestine is not available on this site.
References
- ^ "Muslim tourism sector said to be worth over $138bn, and growing". Arabian Business. Retrieved 2016-12-16.