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Monday 26 July 2021 13:34
Baghdad / NINA / - The American magazine "Forbes" published a classification of the most powerful Arab economies for the year 2021, where Saudi Arabia ranked first in the classification.
According to the report recently published by the magazine, Saudi Arabia took the lead, amid expectations that its gross domestic product at current prices would reach $804.9 billion by the end of 2021.
The UAE came in second place, with its gross domestic product recording in 2021 a level of $401.5 billion, followed by Egypt, With its GDP expected to reach $394.3 billion.
It is noteworthy in the report that the UAE advanced one place in 2021 from its classification last year, and the UAE has advanced over Egypt in this year’s classification.
Egypt has fallen one place to third in the Arab world this year, with its GDP expected to reach $394.3 billion, compared to $361.8 billion in 2020.
And in the fourth place for the year 2021, Iraq ranked, with expectations of its gross domestic product reaching 190.7 billion dollars, while Qatar came in fifth place, with its gross domestic product reaching 166 billion dollars this year./End of 9
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