Economy_of_the_OIC

Economy of the Organisation of Islamic Cooperation

Economy of the Organisation of Islamic Cooperation

Add article description


The economy of the Organisation of Islamic Cooperation (OIC) combines the economies of 56* member states. 49* are predominantly Muslim states. As of 2013, the combined GDP (nominal) of 48* Muslim majority countries was US$ 12.97  trillion.[1] As of 2016, they contributed 8% of the world's total.[2] Those 57* OIC countries have a combined GDP (at Purchasing power parity; PPP) of US$ 23.948 trillion. The largest economic country based on total PPP and Nominal GDP is Indonesia. The richest country on the basis of GDP per capita at PPP is Qatar, with incomes exceeding $133,357 per capita. On the basis of per capita GDP, Qatar is also the richest country, with incomes exceeding US$68,977 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.[3]

Statistics

More information GDP (nominal), GDP (PPP) ...

*Observer nations in italic

Economic Growth for 5 years (GDP)
More information Country, 5 Yr Avg. ...

[Note 2]

See also

Notes

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

References

  1. "Economies of the ummah". Archived from the original on 16 December 2017. Retrieved 16 December 2017.
  2. "Muslim countries make thin contribution to global economy". 22 September 2016. Archived from the original on 13 August 2018. Retrieved 16 December 2017.

Share this article:

This article uses material from the Wikipedia article Economy_of_the_OIC, and is written by contributors. Text is available under a CC BY-SA 4.0 International License; additional terms may apply. Images, videos and audio are available under their respective licenses.