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Learn about Iraq's ranking globally and in the Arab world among the largest countries by GDP
Shafaq News/ Iraq ranked 52nd globally and fourth in the Arab world among the largest countries in GDP for the year 2022, according to the American "CEOWORLD" magazine for statistics.
The magazine said in a report seen by Shafak News Agency that "the five largest economies in the world according to the nominal GDP measure are the United States, China, Japan, Germany and the United Kingdom, and that these top five countries constitute more than half of the world's economic output by GDP in value Nominal," noting that "the global gross domestic product is $95 trillion as of 2022."
And she added, "The nominal gross domestic product of the United States, which came first in the world, amounts to 24.79 trillion dollars in 2022, and China is the second largest economy in terms of nominal GDP, reaching 18.46 trillion dollars, while Japan has the third largest economy in the world with a total GDP. It amounts to $5.38 trillion, the German economy is the fourth largest in the world with a GDP of $4.5 trillion, and the UK economy is the fifth largest in the world with a GDP of $3.44 trillion.
And she indicated that "Iraq ranked 52 globally and fourth in the Arab world, as the nominal gross domestic product of Iraq during the year 2022 is about 226 billion, and 620 million dollars," and it is expected that "this output will rise during the year 2023 to 239 billion, 993 million dollars, and to 251 One billion and 504 million dollars in 2024, and it will reach 277 billion and 850 million dollars in 2026.
According to the report, "Arably", Saudi Arabia came first and ranked 19th globally with the largest GDP, as it will reach in 2022 about 876 billion and 148 million dollars, followed by Egypt second and 33rd globally with 438 billion and 348 million dollars, followed by the United Arab Emirates third and 35th globally with a 427 billion and 930 million dollars, and then Qatar comes fifth and 57th globally, at 180 billion and 883 million dollars.
Gross Domestic Product is the monetary market value of all final goods and services manufactured within a country during a specified period.
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The magazine said in a report seen by Shafak News Agency that "the five largest economies in the world according to the nominal GDP measure are the United States, China, Japan, Germany and the United Kingdom, and that these top five countries constitute more than half of the world's economic output by GDP in value Nominal," noting that "the global gross domestic product is $95 trillion as of 2022."
And she added, "The nominal gross domestic product of the United States, which came first in the world, amounts to 24.79 trillion dollars in 2022, and China is the second largest economy in terms of nominal GDP, reaching 18.46 trillion dollars, while Japan has the third largest economy in the world with a total GDP. It amounts to $5.38 trillion, the German economy is the fourth largest in the world with a GDP of $4.5 trillion, and the UK economy is the fifth largest in the world with a GDP of $3.44 trillion.
And she indicated that "Iraq ranked 52 globally and fourth in the Arab world, as the nominal gross domestic product of Iraq during the year 2022 is about 226 billion, and 620 million dollars," and it is expected that "this output will rise during the year 2023 to 239 billion, 993 million dollars, and to 251 One billion and 504 million dollars in 2024, and it will reach 277 billion and 850 million dollars in 2026.
According to the report, "Arably", Saudi Arabia came first and ranked 19th globally with the largest GDP, as it will reach in 2022 about 876 billion and 148 million dollars, followed by Egypt second and 33rd globally with 438 billion and 348 million dollars, followed by the United Arab Emirates third and 35th globally with a 427 billion and 930 million dollars, and then Qatar comes fifth and 57th globally, at 180 billion and 883 million dollars.
Gross Domestic Product is the monetary market value of all final goods and services manufactured within a country during a specified period.
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