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Learn about the percentage of Arab countries' contributions to the global total output by 2017

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Learn about the percentage of Arab countries' contributions to the global total output by 2017

Post  RamblerNash on Sat Oct 20, 2018 10:10 am

Learn about the percentage of Arab countries' contributions to the global total output by 2017

Statistics released by the World Economic Forum

Economy News Baghdad

According to a recent report by the World Economic Forum (WEF), Arab countries' share of the world's gross domestic product (GDP) in 2017 is the most significant change in the world's largest economies.

According to the World Economic Forum's World Economic Outlook issued on October 15, according to World Bank estimates, global gross domestic product (GDP) is about $ 80 trillion by 2017.

Saudi Arabia enters the list of major changes

The report pointed out that Saudi Arabia was one of the most prominent changes in terms of participation in GDP during the year before last.

The World Economic Forum said that Saudi Arabia jumped to the top of Switzerland, ranking 19th among the world's largest economies.

Saudi Arabia's participation in world gross domestic product (GDP) in 2017 was about $ 0.68 trillion, equivalent to 0.86% of world GDP, the report said.

The report added that Turkey surpassed the Netherlands to become the 17th largest economy in the world. Brazil, despite its recent economic predicament, surpassed Italy and occupied eighth place, also one of the most important changes in the world economy in 2017.

Arabic Posts

According to the report, the United Arab Emirates contributed about $ 0.38 trillion to the world GDP, representing 0.48% of the global economy.

Egypt also participated in the global economy during the previous year with a value of $ 0.24 trillion, equivalent to 0.3% of the world GDP.

At the global level

Globally, the list of the world's top 10 economies, with US $ 19.39 trillion, is equivalent to 24.4% of world GDP.


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