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Iraq is the fourth Arab country in terms of industrial output
[*]Time: 06/28/2023 09:40:19
[*]Read: 1,560 times
[*][*]Time: 06/28/2023 09:40:19
[*]Read: 1,560 times
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{Economic: Al Furat News} Iraq ranked fourth among Arab countries in terms of industrial output.
According to the latest World Bank data, Iraq came fourth in industrial output, after Egypt, which ranked third in the Arab world and 30th in the world, with a value of $124.4 billion.
Iraq was followed by Qatar and Algeria, according to the 2021 statistics.
As for the industrial output in the Arab countries in 2021; Saudi Arabia topped the list of Arab countries, and 13th in the world in terms of industrial production, with a value of $379.4 billion, followed by the UAE, second in the Arab world and 17th in the world, with an industrial production value of $197.1 billion.
According to World Bank data, the global industrial output increased by about 19.3% in 2021, to reach about $26.6 trillion, which represents about 28% of the global GDP, compared to global industrial output levels of about $22.3 trillion recorded in 2020, in which levels decreased. Industrial output as a result of the repercussions resulting from the “Corona” pandemic, and with the contribution of high-income countries to industrial output estimated at 51.5% in 2021, equivalent to about $13.7 trillion.
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{Economic: Al Furat News} Iraq ranked fourth among Arab countries in terms of industrial output.
According to the latest World Bank data, Iraq came fourth in industrial output, after Egypt, which ranked third in the Arab world and 30th in the world, with a value of $124.4 billion.
Iraq was followed by Qatar and Algeria, according to the 2021 statistics.
As for the industrial output in the Arab countries in 2021; Saudi Arabia topped the list of Arab countries, and 13th in the world in terms of industrial production, with a value of $379.4 billion, followed by the UAE, second in the Arab world and 17th in the world, with an industrial production value of $197.1 billion.
According to World Bank data, the global industrial output increased by about 19.3% in 2021, to reach about $26.6 trillion, which represents about 28% of the global GDP, compared to global industrial output levels of about $22.3 trillion recorded in 2020, in which levels decreased. Industrial output as a result of the repercussions resulting from the “Corona” pandemic, and with the contribution of high-income countries to industrial output estimated at 51.5% in 2021, equivalent to about $13.7 trillion.
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