Top 10 Muslim Economies in 2022

Gross Domestic Product (GDP) is the monetary market value of all final goods and services made within a country during a specific period. It is often cited in newspapers, on television news, and in reports by governments, central banks, and the business community. It has become widely used as a reference point for the health of national and global economies. Measuring the monetary value of final goods and services—that is, those that are bought by the final user—produced in a country in a given period of time, GDP counts all the output generated within the borders of a country.

According to the latest estimates available, within the 193 world economies, the total world GDP is US $85.18 Trillion, while the total GDP of 57 members of the Organization of Islamic Countries (OIC) is US $22.149 trillion.

Unfortunately, no Muslim country is included in the top 10 global economies list

The statistics show that, the largest Muslim economy is Indonesia at US$1.152 Trillion. Iran, Turkey, Saudi Arabia, Nigeria, Egypt, United Arab Emirates, Malaysia, and Bangladesh follow next nine numbers in a consecutive order. And with US$299.30 Billion, Pakistan stands at the No. 10.

They show the emerging trends and where these Muslim countries stand in terms of the global rankings.