The economy of Muslim countries has been growing rapidly in recent years, with many nations seeing significant development and progress. Here is a list of the top Muslim countries ranked by GDP (Gross Domestic Product) as of 2021:
Saudi Arabia – $1.89 trillion
Turkey – $795.4 billion
Indonesia – $1.11 trillion
Iran – $607.1 billion
United Arab Emirates – $421.1 billion
Egypt – $313.2 billion
Bangladesh – $322.4 billion
Nigeria – $448.1 billion
Malaysia – $364.7 billion
Pakistan – $278.2 billion
Qatar – $166.6 billion
Kazakhstan – $180.2 billion
Algeria – $169.9 billion
Iraq – $182.5 billion
Morocco – $124.1 billion
It is worth noting that some of the wealthiest Muslim countries in terms of GDP are not included on this list, as they do not have a majority Muslim population. Additionally, the GDP of some Muslim countries has been negatively impacted by political instability, civil unrest, and conflict in recent years. Nonetheless, these figures provide a snapshot of the economic status of Muslim countries in 2021.
Saudi Arabia is the wealthiest Muslim country by GDP, owing largely to its massive oil reserves and its position as the world’s largest oil exporter. Turkey, Indonesia, and Iran follow closely behind, each with a significant and diverse economy. The United Arab Emirates has seen significant economic growth in recent years due to its focus on technology and innovation, while Bangladesh and Nigeria have growing economies driven by manufacturing, agriculture, and services. Overall, the economies of Muslim countries are diverse and dynamic, offering a range of opportunities for investment and growth.
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