Economy of the Organisation of Islamic Cooperation

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The economy of the Organisation of Islamic Cooperation (OIC) combines the economies of 57 member states. 49 are predominantly Muslim states. Those 57 OIC countries have a combined GDP (at Purchasing power parity; PPP) of USD 18,600 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$108,000 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[edit]

GDP (nominal) GDP (PPP) GDP / capita (PPP) Exports Imports HDI
 Indonesia 1,040,345,600,000 3,010,100,000,000 11,135 199,100,000,000 185,900,000,000 0.684
 Turkey 820,207,000,000 1,665,100,000,000 20,500 167,600,000,000 242,900,000,000 0.759
 Saudi Arabia 742,272,500,000 1,720,000,000,000 54,600 381,500,000,000 136,800,000,000 0.836
 Iran 502,729,300,000 1,439,300,000,000 17,100 84,310,000,000 59,000,000,000 0.749
 Egypt 346,267,800,000 1,093,886,100,000 11,194 24,810,000,000 59,220,000,000 0.682
 Nigeria 628,431,900,000 1,109,100,600,000 6,204 24,850,000,000 40,260,000,000 0.504
 Pakistan 283,017,900,000 1,060,000,000,000 5,500 28,460,000,000 40,580,000,000 0.550
 Malaysia 375,633,500,000 803,030,400,000 25,833 230,700,000,000 192,900,000,000 0.773
 United Arab Emirates 440,181,200,000 646,846,900,000 65,037 314,000,000,000 273,500,000,000 0.827
 Algeria 227,802,400,000 578,800,100,000 14,256 49,590,000,000 22,530,000,000 0.717
 Iraq 240,006,400,000 544,700,400,000 15,220 93,910,000,000 56,890,000,000 0.642
 Bangladesh 268,166,600,000 751,160,200,000 4,504 37,610,000,000 40,690,000,000 0.558
 Kazakhstan 225,619,800,000 429,629,700,000 24,143 86,930,000,000 42,820,000,000 0.757
 Kuwait 172,350,300,000 288,000,000,000 71,100 115,460,000,000 36,540,000,000 0.814
 Qatar 213,784,000,000 320,500,000,000 145,894 24,900,000,000 6,706,000,000 0.851
 Morocco 109,201,000,000 287,366,700,000 7,606 22,230,000,000 45,830,000,000 0.617
 Oman 80,539,500,000 171,627,000,000 44,062 19,010,000,000 8,709,000,000 0.783
 Libya 41,150,000,000 92,600,000,000 15,700 30,790,000,000 10,820,000,000 0.784
 Uzbekistan 62,619,000,000 187,669,000,000 5,609 5,000,000,000 3,800,000,000 0.661
 Azerbaijan 87,763,500,000 169,400,000,000 17,500 30,960,000,000 10,060,000,000 0.747
 Tunisia 48,550,700,000 127,000,000,000 11,300 10,300,000,000 12,860,000,000 0.721
 Yemen 43,230,500,000 75,600,000,000 3,820 6,387,000,000 4,190,000,000 0.500
 Sudan 73,820,800,000 166,100,000,000 4,521 8,464,000,000 6,823,000,000 0.473
 Lebanon 49,920,400,000 81,122,000,000 18,000 1,782,000,000 8,855,000,000 0.765
 Jordan 38,145,500,000 83,338,000,000 12,212 4,226,000,000 8,681,000,000 0.745
 Syria 64,700,000,000 121,600,000,000 5,100 6,344,000,000 5,973,000,000 0.658
 Turkmenistan 47,930,900,000 88,151,000,000 14,200 4,700,000,000 4,175,000,000 0.698
 Afghanistan 21,147,700,000 61,690,000,000 1,900 471,000,000 3,870,000,000 0.468
 Cameroon 32,163,000,000 67,225,000,000 3,000 3,236,000,000 2,514,000,000 0.504
 Ivory Coast 33,960,300,000 71,120,000,000 3,100 6,490,000,000 4,759,000,000 0.458
 Uganda 21,483,000,000 76,900,000,000 1,370 768,000,000 1,608,000,000 0.484
 Bahrain 32,788,100,000 61,900,000,000 36,140 11,170,000,000 7,830,000,000 0.815
 Senegal 15,149,700,000 33,600,000,000 2,240 1,526,000,000 2,405,000,000 0.485
 Albania 12,903,900,000 31,600,000,000 10,520 650,100,000 2,473,000,000 0.716
 Gabon 19,343,500,000 36,300,000,000 17,220 5,813,000,000 1,533,000,000 0.674
 Mozambique 15,319,000,000 31,100,000,000 1,040 1,690,000,000 2,041,000,000 0.393
 Brunei 16,111,100,000 30,200,000,000 68,090 4,514,000,000 1,641,000,000 0.852
 Burkina Faso 11,582,600,000 29,300,000,000 1,560 395,000,000 992,000,000 0.388
 Chad 13,418,900,000 29,500,000,000 2,000 3,016,000,000 749,100,000 0.372
 Mali 10,942,700,000 27,300,000,000 1,540 323,000,000 1,858,000,000 0.407
 Tajikistan 8,508,100,000 22,300,000,000 2,500 950,000,000 1,250,000,000 0.586
 Benin 8,307,000,000 19,800,000,000 1,780 826,900,000 1,043,000,000 0.476
 Kyrgyzstan 7,226,300,000 19,200,000,000 3,070 759,000,000 937,400,000 0.628
 Niger 7,355,700,000 17,900,000,000 910 222,000,000 588,000,000 0.337
 Guinea 6,192,800,000 15,670,000,000 1,060 612,100,000 680,000,000 0.392
 Mauritania 4,162,500,000 15,071,000,000 2,850 784,000,000 1,124,000,000 0.487
 Sierra Leone 4,929,200,000 12,679,000,000 2,240 185,000,000 531,000,000 0.374
 Togo 4,338,600,000 10,102,000,000 1,180 768,000,000 1,047,000,000 0.473
 Suriname 5,230,900,000 9,190,200,000 15,860 881,000,000 750,000,000 0.705
 Guyana 3,075,700,000 5,510,000,000 6,550 587,200,000 681,600,000 0.638
 Somalia 1,000,000,000 4,809,000,000 600 241,000,000 576,000,000 0.364
 Maldives 2,299,800,000 4,913,500,000 9,890 123,000,000 567,000,000 0.698
 Gambia 914,290,000 3,080,000,000 1,620 140,300,000 197,000,000 0.441
 Guinea-Bissau 828,651,000 2,505,200,000 1,240 116,000,000 176,000,000 0.396
 Djibouti 1,456,300,000 2,870,500,000 2,190 250,000,000 987,000,000 0.467
 Comoros 657,300,900 1,445,000,000 1,560 34,000,000 115,000,000 0.488
 Thailand 387,252,200,000 905,249,000,000 13,510 143,100,000,000 121,900,000,000 0.722
 Bosnia and Herzegovina 17,827,000,000 37,609,000,000 9,820 3,923,000,000 9,294,000,000 0.731
 Central African Republic 1,538,200,000 2,784,000,000 700 146,700,000 237,300,000 0.341
 Northern Cyprus - - - - -
 Palestine - - - - -
 OIC 6,870,763,141,000 18,600,000,000,000 10,825 2,129,124,300,000 1,645,646,100,000
% of World 9.17% 15.67% - 11.98% 9.14%
Flag of the United Nations.svg World 18,000,000,000,000 101,249,700,000,000 - 17,779,000,000,000[ 74,899,000,000,000
 Arab League 2,732,916,345,200 5,706,051,700,000 14,241 - - -
 People's Republic of China 9,240,300,000,000 20,853,000,000,000 11,850 2,210,000,000,000 1,950,000,000,000 0.719
 European Union 18,510,000,000,000 19,205,000,000,000 33,080 2,173,000,000,000 2,312,000,000,000 0.876
[Note 1]

*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

[Note 2]

See also[edit]

Notes[edit]

  1. ^ CIA - The World Factbook.
  2. ^ IMF - World Economic Outlook Database, September 2006, Data for Iraq, Somalia, & Palestine is not available on this site.

References[edit]

  1. ^ "Muslim tourism sector said to be worth over $138bn, and growing". Arabian Business. Retrieved 2016-12-16. 

External links[edit]