The economy of the
Organisation of Islamic Cooperation (OIC) combines the economies of 57 member states. 53 are predominantly Muslim states. , the combined
GDP (nominal) of 49 Muslim majority countries was US$5.7 trillion. , they contributed 8% of the world's total. Those 57 OIC countries have a combined
GDP (at
Purchasing power parity
Purchasing power parity (PPP) is the measurement of prices in different countries that uses the prices of specific goods to compare the absolute purchasing power of the countries' currency, currencies. PPP is effectively the ratio of the price of ...
; PPP) of US$22.149 trillion. The richest country on the basis of GDP per capita at
PPP is
United Arab Emirates. On basis of per capita GDP,
Qatar is richest country with incomes exceeding US$133,357 per capita. According to a report by Salam Standard, the GDP impact of the world’s
Muslim
Muslims ( ar, المسلمون, , ) are people who adhere to Islam, a monotheistic religion belonging to the Abrahamic tradition. They consider the Quran, the foundational religious text of Islam, to be the verbatim word of the God of Abrah ...
tourism sector exceeded $138 billion in 2015, generating 4.3 million jobs and contributing more than $18 billion in tax revenue.
Statistics
''*Observer nations in italic''
;Economic Growth for 5 years (GDP)
See also
*
*
List of Organisation of Islamic Cooperation member states by GDP (PPP)
*
List of Organisation of Islamic Cooperation member states by exports
*
*
Middle East economic integration
*
Economy of the Arab League
*
Economy of the European Union
Notes
References
External links
*
Statistical, Economic and Social Research and Training Centre for Islamic CountriesIslamic Development Bank
{{Organisation of Islamic Cooperation
Organisation of Islamic Cooperation
Islamic economics