The gross domestic product at current prices of Arab countries increased by 22% last year to reach about $ 3.52 trillion (representing 3.51% of the global economy), versus 89. $2 trillion in 2021 (constituting 3% of the global economy), supported by the boom in Gulf economies as oil prices rise.
In 2022, the Arab economy advanced three places to become the fifth largest economy in the world (it was eighth in 2021), surpassing the Indian economy with a GDP of 39. $3 trillion, less than the German economy (the fourth largest in the world) with an output of 08. $4 trillion.
Source (Al-Raya Qatari Newspaper, Edited)