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]

StatisticsEdit

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 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
[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 alsoEdit

NotesEdit

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

ReferencesEdit

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

External linksEdit