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Iraq projected to rank 8th among Arab countries in GDP by 2026

Shafaqna English- Iraq is expected to rank eighth among Arab countries in GDP per capita by 2026, with a projected income per person of $5,873, according to the CEOWORLD magazine.

The report, based on International Monetary Fund (IMF) data, highlights that economic strength increasingly hinges on governance and institutional performance rather than population size or land area. GDP per capita remains a key indicator of income levels and economic productivity.

Qatar is expected to top the Arab region at $76,534, followed by the UAE ($53,842), Saudi Arabia ($35,839), Kuwait ($31,242), and Bahrain ($29,778). Libya is set to rank sixth ($6,972), ahead of Algeria ($5,956), Iraq, Lebanon ($5,285), and Morocco ($5,154).

Globally, Monaco is set to retain the highest per capita GDP at $256,667, followed by Liechtenstein ($201,162), Luxembourg ($154,115), Ireland ($135,247), and Switzerland ($118,173).

Sources: Shafaq News 

www.shafaqna.com

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