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Economy

Bahrain

GDP: $34.73 bil (2020)

GDP per capita: $20,410.0 (2020)

GDP annual growth rate: -5.1% (2020)

Public debt (% GDP): 93.4% (2019)

Inflation (CPI): -2.3% (2020)

Unemployment: 4.1% (2020)

Imports: $20,597,535,923 (2018)
5 largest import partners (% total imports - 2018): Saudi Arabia 33.1%, China 9.1%, UAE 6.4%, USA 5.9%, Australia 4.6%,

Exports: $14,347,737,494 (2018)
5 largest export partners (% total exports - 2018): Saudi Arabia 13.3%, UAE 6.1%, USA 4.8%, Oman 4.6%, Egypt 3.6%

Global Competitiveness Report (World Economic Forum)
65.4/100 (2019 – position 45/141)

Index of Economic Freedom (Heritage Foundation)
69.9/100 (2021 – position 40/180)

Income Inequality Index (Gini – World Bank)
-

Prosperity Index (Legatum Institute)
66.46/100 (2021 – position 56/167)

Cyprus

GDP: $24.61 bil (2020)

GDP per capita: $26,623.8 (2020)

GDP annual growth rate: -5.2% (2020)

Public debt (% GDP): 119.1% (2020)

Inflation (CPI): -0.6% (2020)

Unemployment: 7.2% (2020)

Imports: $9.2 bil (2019)
5 largest import partners (% total imports - 2019): Greece 20.22%, Italy 10.18%, United Kingdom 7.04%, Israel 6.02%, Germany 5.98%

Exports: $3.5 bil (2019)
5 largest export partners (% total exports - 2019): Netherlands 12.93%, Bunkers 10.65%, Libya 10.03%, Greece 7.3%, United Kingdom 5.96%

Global Competitiveness Report (World Economic Forum)
66.4/100 (2019 – position 44/141)

Index of Economic Freedom (Heritage Foundation)
71.4/100 (2021 – position 33/180)

Income Inequality Index (Gini – World Bank)
31.2% (2019)

Prosperity Index (Legatum Institute)
70.8/100 (2021 – position 34/167)

Egypt

GDP: $365.25 bil (2020)

GDP per capita: $3,569.2 (2020)

GDP annual growth rate: 3.6% (2020)

Public debt (% GDP): 89.87% (2019)

Inflation (CPI): 5.0% (2020)

Unemployment: 10.4% (2020)

Imports: $78,7 bil (2019)

5 largest import partners (% total imports - 2019): China 15.31%, United States 6.63%, Saudi Arabia 6.63%, Germany 5.52%, Turkey 4.67%

Exports: $30,6 bil (2019)

5 largest export partners (% total exports - 2019): United States 7.24%, United Arab Emirates 6.76%, Turkey 5.69%, Saudi Arabia 5.56%, Italy 5.53%

Global Competitiveness Report (World Economic Forum)

54.5/100 (2019 – position 93/141)

Index of Economic Freedom (Heritage Foundation)

55.7/100 (2021 – position 130/180)

Income Inequality Index (Gini – World Bank)

31.5% (2017)

Prosperity Index (Legatum Institute)

46.56/100 (2021 – position 121/167)

Greece

GDP: $188,83 bil (2020)

GDP per capita: $17,622.5 (2020)

GDP annual growth rate: -9.0% (2020)

Public debt (% GDP): 179.6% (2019)

Inflation (CPI): -1.25% (2020)

Unemployment: 16.9% (2020)

Imports: $62.2 bil (2019)
5 largest import partners (% total imports - 2019): 5 largest import partners (% total imports - 2019): Germany 10.6%, Iraq 8.19%, Italy 7.86%, Russian Federation 7.35%, China 7.31%

Exports: $39.9 bil (2019)
5 largest export partners (% total exports - 2019): Italy 10.79%, Germany 6.65%, Turkey 5.83%, Cyprus 5.61%, Bulgaria 4.61%

Global Competitiveness Report (World Economic Forum)
62.6/100 (2019 – position 59/141)

Index of Economic Freedom (Heritage Foundation)
60.9/100 (2021 – position 96/180)

Income Inequality Index (Gini – World Bank)
33.1% (2019)

Prosperity Index (Legatum Institute)
67/100 (2021 – position 43/167)

Iran

GDP: $203.5 bil (2020)

GDP per capita: $2,422.5 (2020)

GDP annual growth rate: 3.4% (2020)

Public debt (% GDP): 30.67% (2019)

Inflation (CPI): 39.9% (2019)

Unemployment: 11.0% (2020)

Imports: $49,900,000,000 (2017)

5 largest import partners (% total imports - 2017): China 37%, South Korea 8.1%, Germany 6.5%, Turkey 6.3%, India 5.2%

Exports: $53,700,000,000 (2017)

5 largest export partners (% total exports - 2017): China 31%, India 19%, South Korea 13%, Italy 6.5%, Japan 6%

Global Competitiveness Report (World Economic Forum)

53.0/100 (2019 – position 90/141)

Index of Economic Freedom (Heritage Foundation)

47.2/100 ( 2021– position 168/180)

Income Inequality Index (Gini – World Bank)

42.0% (2018)

Prosperity Index (Legatum Institute)

48.31/100 (2021 – position 123/167)

Iraq

GDP: $166.86 bil (2020)

GDP per capita: $4,145.9 (2020)

GDP annual growth rate: -15.7% (2020)

Public debt (% GDP): 44.3% (2019)

Inflation (CPI): -0.6% (2020)

Unemployment: 13.7% (2020)

Imports: $43,100,000,000 (2018)
10 largest import partners (% total imports - 2018): UAE 26.2%, Turkey 19.3%, China 18.3%, South Korea 4.43%, India 4.3%, USA 2.23%, Germany 1.98%, Jordan 1.64%, Netherlands 1.54%, Saudi Arabia 1.51%

Exports: $87,400,000,000 (2018)
10 largest export partners (% total exports - 2018): India 23.9%, China 22.8%, USA 12.1%, South Korea 9.7%, Greece 5.63%, Italy 4.71%, Singapore 3.74%, Netherlands 2.75%, Spain 2.21%, Taiwan 1.79%

Global Competitiveness Report (World Economic Forum)
-

Index of Economic Freedom (Heritage Foundation)
-

Income Inequality Index (Gini – World Bank)
29.5% (2012)

Prosperity Index (Legatum Institute)
42.96/100 (2021 – position 141/167)

Israel

GDP: $407.10 bil (2020)

GDP per capita: $44,168.9 (2020)

GDP annual growth rate: -2.2% (2020)

Public debt (% GDP): 61.0% (2018)

Inflation (CPI): -0.6% (2020)

Unemployment: 4.6% (2020)

Imports:$76,6 bil (2019)

5 largest import partners (% total imports - 2019): United States 16.75%, China 13.37%, Bunkers 10.16%, Germany 6.31%, Turkey 5.22%

Exports: $58.5 bil (2019)

5 largest export partners (% total exports - 2019): United States 27.29%, United Kingdom 8.54%, China 7.56%, Bunkers 6.88%, Hong Kong, China 5.20%

Global Competitiveness Report (World Economic Forum)

76.7/100 (2019 – position 20/141)

Index of Economic Freedom (Heritage Foundation)

73.8/100 (2021 – position 26/180)

Income Inequality Index (Gini – World Bank)

38.9% (2016)

Prosperity Index (Legatum Institute)

78.98/100 (2021 – position 32/167)

Jordan

GDP: $43.70 bil (2020)

GDP per capita: $4,282.80 (2020)

GDP annual growth rate: -1.6% (2020)

Public debt (% GDP): 94.59% (2019)

Inflation (CPI): 0.3% (2020)

Unemployment: 18.5% (2020)

Imports: $19.3 bil (2019)
5 largest import partners (% total imports -2019): Saudi Arabia 16.07%, China 15.96%, United States 8.27%, Turkey 4.56%, India 4.46%

Exports: $8.3 bil(2019)
5 largest export partners (% total exports- 2019): United States 23.66%, Free Zones 11.98%, Saudi Arabia 10.15%, India 8.44%, Iraq 7.64%

Global Competitiveness Report (World Economic Forum)
60.9/100 (2019 – position 70/141)

Index of Economic Freedom (Heritage Foundation)
64.6/100 (2021 – position 69/180)

Income Inequality Index (Gini – World Bank)
35.4% (2013)

Prosperity Index (Legatum Institute)
56.41/100 (2021 – position 81/167)

Kuwait

GDP: $105.96 bil (2020)

GDP per capita: $24,811.8 (2020)

GDP annual growth rate: -8.7% (2020)

Public debt (% GDP): 15.24% (2019)

Inflation (CPI): 2.1% (2020)

Unemployment: 6.8% (2020)

Imports: $33.5 bil (2019)

5 largest import partners (% total imports - 2019): China 17.86%, United States 9.10%, Arab United Emirates 8.41%, Japan 6.30%, Saudi Arabia 6.19%

Exports: $64.5 bil (2019)

5 largest export partners (% total exports - 2019):Unspecified 90.99%, Iraq 1.49%, China 1.41%, India 1.25%, Saudi Arabia 1.02%

Global Competitiveness Report (World Economic Forum)

65.1/100 (2019 – position 46/141)

Index of Economic Freedom (Heritage Foundation)

64.1/100 (2021 – position 74/180)

Income Inequality Index (Gini – World Bank)

-

Prosperity Index (Legatum Institute)

60.08/100 (2021 – position 58/167)

Lebanon

GDP: $31.74 bil (2020)

GDP per capita: $4,649.5 (2020)

GDP annual growth rate: -21.5% (2020)

Public debt (% GDP): 155.1% (2019)

Inflation (CPI): 84.9% (2020)

Unemployment: 6.6% (2020)

Imports: $19,982,944,051 (2018)
5 largest import partners (% total imports - 2018): China 10.3%, Greece 8.6%, Italy 8.0%, USA 7.2%, Germany 5.9%

Exports: $2,952,759,932 (2018)
5 largest export partners (% total exports - 2018): UAE 15.5%, Saudi Arabia 7.2%, Syria 7.0%, South Africa 5.9%, Iraq 5.0%

Global Competitiveness Report (World Economic Forum)
56.3/100 (2019 – position 88/141)

Index of Economic Freedom (Heritage Foundation)
51.4/100 (2021– position 154/180)

Income Inequality Index (Gini – World Bank)
31.8% (2011)

Prosperity Index (Legatum Institute)
52.86/100 (2021 – position 109/167)

Libya

GDP: $25.42 bill (2020)

GDP per capita: $3,699.3 (2020)

GDP annual growth rate: -31.3% (2020)

Public debt (% GDP): 104.8% (2019)

Inflation (CPI): 4.2% (2019)

Unemployment: 19.4% (2020)

Imports: $8,070,000,000 (2017)
5 largest import partners (% total exports - 2017):Italy 15.0%, China 13.0%, Turkey 11.0%, Spain 7.6%, Tunisia 4.8%

Exports: $16,100,000,000 (2017)
5 largest export partners (% total exports - 2017):Italy 18.0%, Germany 16.0%, Spain 14.0%, France 8.9%, USA 8.1%

Global Competitiveness Report (World Economic Forum)
-

Index of Economic Freedom (Heritage Foundation)
-

Income Inequality Index (Gini – World Bank)
-

Prosperity Index (Legatum Institute)
42.08/100 (2021 – position 154/167)

Oman

GDP: $64.65 bil (2020)

GDP per capita: GDP per capita: $12,659.7 (2020)

GDP annual growth rate: -0.8% (2019)

Public debt (% GDP): 59.9% (2019)

Inflation (CPI): -0.9% (2020)

Unemployment: 5% (2020)

Imports: $ 29,800,000,000 (2017)
5 largest import partners (% total imports - 2017): UAE 34%, Japan 7.4%, UK 6.8%, China 6.3%, India 5.4%

Exports: $31,200,000,000 (2017)
5 largest export partners (% total exports - 2017): China 39%, India 9.2%, UAE 7.2%, South Korea 6.8%, Japan 5.5%

Global Competitiveness Report (World Economic Forum)
63.6/100 (2019 – position 53/141)

Index of Economic Freedom (Heritage Foundation)
64.6/100 (2021 – position 71/180)

Income Inequality Index (Gini – World Bank)
-

Prosperity Index (Legatum Institute)
60.30/100 (2021 – position 67/167)

Palestinian Authority

GDP: $15.56 bil(2020)

GDP per capita: $3,239.7 (2020)

GDP annual growth rate: -11.5% (2020)

Public debt (% GDP): 37.3% (2019)

Inflation (CPI): -0.7% (2020)

Unemployment: 27.4% (2020)

Imports$6.6 bil (2019)
5 largest import partners (% total imports - 2019): Israel 54.98%, Turkey 10.12%, China 6.76%, Jordan 4.48%, Germany 2.74%

Exports: $1.1 bil (2019)
5 largest export partners (% total exports - 2019):Israel 81.31%, Jordan 6.47%, United Arab Emirates 2.94%, United States 1.80%, Saudi Arabia 1.75%

Global Competitiveness Report (World Economic Forum)
-
Index of Economic Freedom (Heritage Foundation)
-

Income Inequality Index (Gini – World Bank)
33.7% (2016)

Prosperity Index (Legatum Institute)
-

Qatar

GDP: $144.4 bil (2020)

GDP per capita: $ 50,124.4 (2020)

GDP annual growth rate: -3.6% (2020)

Public debt (% GDP): 53.1% (2019)

Inflation (CPI): -2.5% (2020)

Unemployment: 3.5% (2020)

Imports: $29.2 bil (2019)

5 largest import partners (% total imports - 2019): United States 18.65%, China 11.95%, Germany 7.14%, United Kingdom 6.63%, India 5.16%

Exports: $72.9 bil (2019)

5 largest export partners (% total exports - 2019): Japan 18.64, Korea Rep. 15.59%, China 12.37%, India 12.16%, Singapore 7.57%

Global Competitiveness Report (World Economic Forum)

72.9/100 (2019 – position 29/141)

Index of Economic Freedom (Heritage Foundation)

72.0/100 (2021 – position 31/180)

Income Inequality Index (Gini – World Bank)

-

Prosperity Index (Legatum Institute)

66.45/100 (2021 – position 46/167)

Saudi Arabia

GDP: $700.12 bil (2020)

GDP per capita: $20,110.3 (2020)

GDP annual growth rate: -5.6% (2020)

Public debt (% GDP): 23.2% (2019)

Inflation (CPI): 3.4% (2020)

Unemployment: 8.2% (2020)

Imports: $144.3 bil (2019)
5 largest import partners (% total imports - 2019): China 18.75%, United States 11.85%, United Arab Emirates 7.18%, Germany 4.85%, Japan 4.54%

Exports: $251.8 bil (2019)
5 largest export partners (% total exports - 2019): Unspecified 80.39%, China 3.71%, United Arab Emirates 1.74%, India 1.50%, Singapore 1.36%

Global Competitiveness Report (World Economic Forum)
70.0/100 (2019 – θέση 36/141)

Index of Economic Freedom (Heritage Foundation)
66.0/100 (2021 – position 63/180)

Income Inequality Index (Gini – World Bank)
-

Prosperity Index (Legatum Institute)
57.94/100 (2021 – position 75/167)

Syria

GDP: $22.78 bil (2019)

GDP per capita: $1,334.4 (2019)

GDP annual growth rate: 3.7% (2019)

Public debt (% GDP): 30.0% (2010)

Inflation (CPI): 36.7% (2012)

Unemployment: 9.0% (2020)

Imports: $4,400,000,000 (2017)

5 largest import partners (% total imports - 2017): Turkey 26%, China 25%, Lebanon 5.6%, Egypt 4.9%, South Korea 4.9%

Exports: $29,383,961,546 (2018)

5 largest export partners (% total exports - 2017): Lebanon 21.0%, Egypt 17.0%, Turkey 11.0%, Jordan 11.0%, Spain 8.6%

Global Competitiveness Report (World Economic Forum)
-

Index of Economic Freedom (Heritage Foundation)
-

Income Inequality Index (Gini – World Bank)
35.8% (2013)

Prosperity Index (Legatum Institute)
37.66/100 (2021 – position 158/167)

Turkey

GDP: $720.5 bil (2020)

GDP per capita: $8,536.4 (2020)

GDP annual growth rate: 1.8% (2020)

Public debt (% GDP): 30.4% (2018)

Inflation (CPI): 12.3% (2020)

Unemployment 13.9% (2020)

Imports:$210.3 bil (2019)

5 largest import partners (% total imports - 2019): Russian Federation 10.99%, Germany 9.17%, China 9.17%, Unspecified 7.20%, United States 5.63%

Exports$180.8 bil (2019)
5 largest export partners (% total exports - 2019): Germany 9.19%, United Kingdom 6.24%, Iraq 5.65%, Italy 5.39%, United States 4.96%

Global Competitiveness Report (World Economic Forum)
62.1/100 (2019 – position 61/141)

Index of Economic Freedom (Heritage Foundation)
64.0/100 (2021 – position 76/180)

Income Inequality Index (Gini – World Bank)
41.9% (2019)

Prosperity Index (Legatum Institute)
55.42/100 (2021 – position 93/167)

United Arab Emirates

GDP: $358.87 bil (2020)

GDP per capita: $36,284.6 (2020)

GDP annual growth rate: -6.1% (2020)

Public debt (% GDP): 20.1% (2019)

Inflation (CPI): -2.1% (2020)

Unemployment: 5.0% (2020)

Imports: $288.4 bil (2019)
5 largest import partners (% total imports - 2019)
China 14.14%, Unspecified 13.65%, India 9.27%, United States 6.94%, Japan 4.37%

Exports:$389.4 bil (2019))
5 largest export partners (% total exports - 2019)
Unspecified 51.85%, Saudi Arabia 6.16%, India 3.77%, Iraq 3.53%, Switzerland 3.51%

Global Competitiveness Report (World Economic Forum)
75.0/100 (2019 – position 25/141)

Index of Economic Freedom (Heritage Foundation)
76.9/100 (2021 – position 14/180)

Income Inequality Index (Gini – World Bank)
26.0%(2018)

Prosperity Index (Legatum)
67.41/100 (2021 – position 41/167)

Yemen

GDP:$21.61 bil (2018)

GDP per capita: $ 758.1 (2018)

GDP annual growth rate: 0.8% (2018)

Public debt (% GDP): 63.2% (2019)

Inflation (CPI): 8.1% (2018)

Unemployment: 13.4% (2020)

Imports: $4.7 bil (2019)

5 largest import partners (% total imports – 2019): United Arab Emirates 24.04%, China 10.38%, Saudi Arabia 6.46%, Unspecified 6.45%, Oman 5.47%
Exports: $0.24 bil (2019)

5 largest export partners (% total exports - 2019): Egypt 49.58%, Turkey 28.02%, Oman 10.53%, Sudan 9.34%,Eritrea 0.88%

Global Competitiveness Report (World Economic Forum)

35.5/100 (2019 – position 140/141)

Index of Economic Freedom (Heritage Foundation)

-

Income Inequality Index (Gini – World Bank)

36.7% (2014)

Prosperity Index (Legatum Institute)

31.14/100 (2021 – position 165/167)

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