economy Iraq breaking gross domestic product
Shafaq News / Iraq ranked 113th in the world and seventh in the Arab world, with the highest share of GDP out of 190 countries listed in the table.
According to the CEOWORLD report, which is specialized in statistics, seen by Shafaq News Agency,
"Rich countries consistently rank first in terms of per capita GDP, which reflects their strong economies and high income levels." She noted,
"It is important to understand that GDP per capita is not the only measure of a country's economic and societal well-being.
Factors such as income inequality, wealth distribution, and quality of public services also play an important role in determining the general economic conditions and living standards of a nation."
According to the magazine, "
Iraq ranked 113th in the world out of 190 countries listed in the table, and the
seventh in the Arab world,
with per capita GDP of $4,775."
In the Arab world, Qatar came first at $66,838, followed by the
United Arab Emirates at $44,315, then
Bahrain came third at $26,562, then
Saudi Arabia came fourth at $23,185, then
Oman came fifth at $19,509, and then
Libya came sixth at $6,357. Then
Iraq came seventh,
Lebanon eighth at 4.136 dollars,
Jordan ninth at 4.103 dollars, and
Tunisia tenth at 3.807 dollars.
Globally, "Monaco had the highest per capita GDP at $234,316, followed by
Luxembourg second at $133,590 and
Bermuda, third at $114,090, then
Iceland came fourth at $100,172, and
Switzerland came fifth at $91,991."
On the other hand, "the countries with the lowest per capita GDP are
Burundi, which ranks at the bottom of the world at $221,
preceded by Afghanistan at $368, and
Somalia at $446."
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