In numbers… Iraq is among the top 5 Arab economies in 2026
In numbers… Iraq is among the top 5 Arab economies in 2026
2026-04-05 03:15
Shafaq News – Baghdad
Iraq ranked highly in the list of the largest Arab economies for 2026, according to the purchasing power parity criterion, based on the latest data from the International Monetary Fund (IMF).
Iraq came in fifth place in the Arab world, recording about $739.1 billion, reflecting a remarkable growth in its economic capabilities and its position among the countries of the region.
Saudi Arabia topped the list with an economy of $2.84 trillion, followed by Egypt with $2.53 trillion, then the UAE with about $1 trillion, and Algeria with $915.8 billion.
Following Iraq were Morocco with an economy of $457.5 billion, Qatar with $410.6 billion, Kuwait with $285.9 billion, Oman with $245.9 billion, and Tunisia with $193.6 billion.
Jordan recorded $138 billion, Sudan $135.9 billion, Libya $132.8 billion, Bahrain $118.1 billion, and Yemen came in last with $71.2 billion.
It is worth noting that the purchasing power parity index is a strategic measure that reflects the actual ability of the economy to purchase goods and services locally, away from the fluctuations of global exchange rates.
shafaq.com
