All countries in the Middle East account for 4% of the global economy

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Countries in the Middle East and North Africa (MENA) ranked second in terms of their share of global gross domestic product (GDP) in 2017, with the United States moving away from nearest competitor. World Bank data showed that the total market value of goods and services in the MENA region last year was $ 3.26 trillion, or about 3.9% of world GDP.

World GDP in 2017 was about $ 80.68 trillion.

The region of Central Asia and the Pacific dominated the world with $ 23.9 trillion, followed by Europe and Central Asia with a total domestic product of 21, $ 4 trillion.

North America ranks third with a GDP of $ 21.04 trillion and Latin America and the Caribbean at $ 5.9 trillion.

South Asia ranks fifth with domestic production of $ 3.29 trillion, before the Middle East and North Africa rank second, followed by sub-Saharan Africa with $ 1.6 trillion.

Country .. India is approaching

At the state level, the United States has continued to sing alone at the forefront of the world economy with a total domestic production of $ 19.3 trillion last year.

China comes in second place with $ 12.2 trillion, followed by Japan with $ 4.8 trillion, Germany with a GDP of $ 3.6 trillion and the United Kingdom with $ 2.6 trillion. India ranks sixth among the world's largest economies with a gross domestic product of $ 2.59 trillion, after France, which fell to seventh place with $ 2.58 billion.

Brazil ranks eighth with $ 2.05 trillion, followed by Italy with total GDP of $ 1.9 trillion and Canada with $ 1.6 trillion.

Saudi Arabia was the largest Arab economy, 19th in the world with gross domestic product of $ 683 billion, followed by the United Arab Emirates with 29th place with $ 382.5 billion, the largest in the world. 39, Egypt with $ 235.3 billion $ 44 in the world.

The size of the US economy represents more than six times the value of the economies of the Middle East and North Africa combined.

The first three African economies are respectively Nigeria with 757.7 billion dollars, South Africa with 349.4 billion dollars, followed by Egypt.

The countries experiencing serious economic problems are currently relatively advanced in the list that stopped in 2017. Argentina ranks 21st in the world with $ 637.5 billion and l & # 39; Iran in 26th place with 439.5 billion dollars.

The lowest country in terms of GDP was the island of Tuvalu, which is located in the South Pacific with only 40 million dollars. Last year, 17 countries did not report GDP, including Syria, North Korea, Venezuela, the Principality of Monaco, Eritrea and the Cayman Islands.