Economy of the Organisation of Islamic Cooperation

The economy of the Organisation of Islamic Cooperation (OIC) combines the economies of 57 member states. 49 are predominantly Muslim states. As of 2013, the combined GDP (nominal) of 51 Muslim majority countries was US$12.97  trillion.[1] As of 2016, they contributed 8% of the world's total.[2] Those 57 OIC countries in 2024 have a combined GDP (at Purchasing power parity; PPP) of US$ 24.183 trillion or US$ 29.983 trillion with observer countries. The largest economic country based on total PPP and Nominal GDP is Turkey The richest country on the basis of GDP per capita at PPP is Qatar, with incomes exceeding $133,357 per capita. On the basis of per capita GDP, Qatar is also the richest country, with incomes exceeding US$68,977 per capita. According to a report by Salam Standard, the GDP impact of the world's Muslim tourism sector exceeded $138 billion in 2015, generating 4.3 million jobs and contributing more than $18 billion in tax revenue.[3]

GDP (nominal)[4]GDP (PPP)[4] GDP / capita[4]GDP / capita (PPP)[4]ExportsImportsHDI[5]HDI CategoryLife Expectancy [6]
Indonesia1,540,000,000,0005,550,000,000,000 5,32619,611298,000,000,000263,000,000,000Increase0.728High71.29
 Saudi Arabia1,389,000,000,0002,895,000,000,000 33,29165,880370,900,000,000291,000,000,000Increase0.900Very High78.98
 Turkey1,650,000,000,0003,614,000,000,000 16,70941,913262,000,000,000344,000,000,000Increase0.853Very High77.42
 Iran500,000,000,0001,782,000,000,000 5,30020,369107,000,000,00054,000,000,000Increase0.799High77.85
 Bangladesh 510,000,000,0001,801,000,000,000 2,77310,37060,500,000,00070,100,000,000Increase0.685Medium74.93
 Egypt429,870,000,0002,570,000,000,000 3,161 (2017 est)21,61051,000,000,00088,000,000,000Increase0.754High71.81
 Pakistan500,500,000,0002,110,000,000,000 1,7106,95041,940,000,00040,580,000,000Increase0.555High88.80
Malaysia516,700,000,0001,600,000,000,000 14,42343,095340,200,000,000300,900,000,000Increase0.819Very High76.82
 United Arab Emirates621,000,000,0001,000,000,000,000 51,29082,000306,700,000,000229,000,000,000Increase0.940Very High83.07
 Algeria317,270,000,0001,000,720,000,000 5,59018,34060,000,000,00029,000,000,000Increase0.763High76.47
 Iraq270,870,000,0001,000,000,000,000 5,92315,260127,079,000,00069,162,000,000Increase0.695Medium72.42
 Kazakhstan360,000,000,0001,000,000,000,000 14,78841,36678,700,000,00061,200,000,000Increase0.837Very High74.53
 Kuwait160,100,000,000260,403,000,000 32,28951,20095,476,000,00063,430,000,000Increase0.852Very High84.58
 Qatar240,217,000,000369,240,000,000 72,760118,76086,510,000,00026,690,000,000Increase0.886Very High82.52
 Morocco200,600,000,000500,450,000,000 4,67011,10045,690,000,00076,410,000,000Increase0.710High75.49
 Oman188,000,000,000222,060,000,000 20,63141,65269,701,000,00046,326,000,000Increase0.858Very High80.25
 Libya46,923,000,000168,371,000,000 7,13312,07319,720,000,00010,820,000,000Decrease0.721High71.12
 Uzbekistan181,892,000,000371,346,000,000 1,4557,79111,380,000,0003,800,000,000Increase0.740High72.53
 Azerbaijan80,926,500,000190,237,000,000 4,76418,91115,690,000,00010,060,000,000Increase0.789High74.58
 Tunisia60,956,700,000149,094,000,000 3,56812,68214,220,000,00012,860,000,000Increase0.746High76.71
 Yemen17,452,500,00047,304,000,000 5511,494501,200,0004,190,000,000Increase0.470Low69.44
 Sudan43,160,800,000209,751,000,000 9924,7243,808,000,0006,823,000,000Increase0.511Low66.52
 Lebanon56,379,400,00094,661,000,000 11,77519,9874,051,000,0008,855,000,000Decrease0.752High77.94
 Jordan65,794,500,00098,001,000,000 6,01113,1517,734,000,0008,681,000,000Increase0.754High77.98
 Syria77,460,000,000 (2015 est)121,600,000,000 (2009 est) 1,364 (2015 est)2,900 (2009 est)1,786,000,0005,973,000,000Decrease0.564Medium72.56
 Turkmenistan80,401,900,000121,303,000,000 7,96320,8177,394,000,0004,175,000,000Increase0.764High70.20
Afghanistan22,925,700,00076,714,000,000 6272,101784,000,0003,870,000,000Decrease0.496Low66.29
 Cameroon60,748,000,000100,920,000,000 1,6363,9565,158,000,0002,514,000,000Increase0.588Medium63.97
 Ivory Coast95,979,300,000116,397,000,000 2,0164,43011,080,000,0004,759,000,000Increase0.582Medium62.11
 Uganda64,690,000,000103,138,000,000 7422,5782,902,000,0001,608,000,000Increase0.582Medium68.49
 Bahrain47,703,100,00077,590,000,000 26,27751,35414,330,000,0007,830,000,000Increase0.899Very High81.42
 Senegal34,722,700,00051,758,000,000 1,2933,0822,546,000,0002,405,000,000Increase0.530Low68.92
 Albania33,146,900,00040,451,000,000 5,62614,095960,900,0002,473,000,000Increase0.810Very High79.78
 Gabon20,096,500,00040,871,000,000 9,23320,8545,078,000,0001,533,000,000Increase0.733High68.51
 Mozambique15,017,000,00040,506,000,000 4811,3004,773,000,0002,041,000,000Increase0.493Low63.80
 Brunei16,791,100,00038,216,000,000 33,62386,8735,776,000,0001,641,000,000Decrease0.837Very High75.50
 Burkina Faso15,867,600,00042,026,000,000 7932,1012,797,000,000992,000,000Increase0.459Low61.29
 Chad12,240,900,00031,759,000,000 9562,4802,438,000,000749,100,000Increase0.416Low55.24
 Mali19,247,700,00047,097,000,000 9542,3363,036,000,0001,858,000,000Increase0.419Low60.67
 Tajikistan8,176,100,00032,077,000,000 8873,482794,700,0001,250,000,000Increase0.691Medium71.93
 Benin12,200,000,00029,845,000,000 1,0402,5461,760,000,0001,043,000,000Increase0.515Low60.96
 Kyrgyzstan8,029,300,00026,030,000,000 1,2313,9941,768,000,000937,400,000Increase0.720High72.40
 Niger10,717,700,00025,274,000,000 5371,2671,177,000,000588,000,000Increase0.419Low61.43
 Guinea11,698,800,00030,980,000,000 8582,2732,115,000,000680,000,000Increase0.500Low60.90
 Mauritania5,540,500,00019,342,000,000 1,3654,7651,606,000,0001,124,000,000Increase0.563Medium68.71
 Sierra Leone3,976,200,00013,134,000,000 5131,697836,800,000531,000,000Increase0.467Low61.96
 Togo6,078,600,00014,925,000,000 7401,8191,002,000,0001,047,000,000Increase0.571Medium62.94
 Suriname4,226,900,0009,197,200,000 7,07615,3981,976,000,000750,000,000Increase0.722High73.76
 Guyana3,911,700,0007,050,000,000 5,0469,0971,474,000,000681,600,000Increase0.776High70.32
 Somalia8,210,000,00020,560,000,000 7441,863819,000,000576,000,000Increase0.404Low58.97
 Maldives5,169,800,0007,935,500,000 13,90221,344256,200,000567,000,000Increase0.766High81.28
 Gambia1,159,290,0004,174,000,000 5171,865109,700,000197,000,000Increase0.524Low66.06
 Guinea-Bissau1,728,651,0003,648,200,000 9722,054281,200,000176,000,000Increase0.514Low64.25
 Djibouti2,380,300,0004,321,500,000 2,2074,006155,500,000987,000,000Increase0.513Low66.20
 Comoros781,300,9001,457,000,000 8941,66918,400,000115,000,000Increase0.603Medium67.02
 Palestine9,828,000,00021,220,000,000 3,5767,7221,955,000,0006,476,000,000Decrease0.674Medium69.21
OIC9,428,050,000,00030,250,400,000,000 4,187 13,3581,746,527,600,0001,620,011,100,000Increase0.702High
OIC (% of World) 9.49% 17.79% 34.00% 64.70% 8.74% 1.86%
OIC observer states2,771,226,000,0009,075,809,000,000 10,386 25,919892,203,000,000704,961,000,000
 Russia2,196,000,000,0007,130,000,000,000 15,07748,957465,430,000,000378,610,000,00Increase0.832Very High73.44
 Thailand545,340,000,0001,857,000,000,000 8,90026,416300,520,000,000306,800,000Increase0.798High76.56
 Bosnia and Herzegovina23,358,000,00049,802,000,000 6,14014,2214,803,000,0009,294,000,000Increase0.804Very High78.04
 Central African Republic2,334,200,0003,812,000,000 450735118,500,000237,300,000Increase0.414Low57.67
 Cyprus4,234,000,00035,195,000,000 30,52040,7512,905,000,0007,884,000,000Increase0.913Very High81.82
 Nigeria194,960,000,0001,560,000,000,000 8706,71042,000,000,00052,000,000,000Increase0.560Medium54.63
OIC (Including observer) 12,199,316,000,000 39,326,209,500,000 4,869 14,470 2,319,354,100,000 1,881,226,400,000
% of World12.40%22.06% 39.52% 70.89%11.61%10.05%
World79,865,481,000,000126,687,917,000,000 12,230 20,645 17,779,000,000,00017,779,000,000,000Increase0.756High73.48
[Note 1]

*Observer nations in italic

Economic Growth for 5 years (GDP)
Country200320042005200620075 Yr Avg.
 Azerbaijan10.410.224.325.626.419.4
Afghanistan15.78.014.012.011.112.2
 Chad14.731.312.20.12.512.2
 Turkmenistan17.114.79.69.09.011.9
 United Arab Emirates11.99.78.511.55.89.5
 Kazakhstan9.39.69.48.37.78.9
 Tajikistan10.210.66.78.06.08.3
 Sudan4.95.27.912.111.38.3
 Mauritania5.65.25.414.110.68.2
 Kuwait13.46.28.56.24.77.8
 Mozambique7.97.57.77.97.07.6
 Sierra Leone9.37.47.27.46.57.6
 Nigeria10.76.06.95.26.47.0
 Qatar5.911.26.56.74.77.0
 Pakistan4.97.48.06.27.06.7
 Uzbekistan4.27.77.07.27.06.6
 Bahrain7.25.46.97.16.36.6
 Turkey5.88.97.45.05.06.4
 Saudi Arabia7.75.36.65.86.56.4
 Jordan4.28.47.26.05.06.2
 Bangladesh5.86.16.26.26.26.1
 Burkina Faso7.94.07.15.65.86.1
 Maldives8.59.5-5.513.04.05.9
 Malaysia5.57.25.25.55.85.8
 Albania5.75.95.55.06.05.6
 Iran6.75.65.45.44.95.6
 Tunisia5.66.04.25.86.05.5
 Uganda4.45.76.05.56.05.5
 Algeria6.95.25.34.95.05.5
 Oman2.05.66.77.15.75.4
 Senegal6.75.65.54.05.35.4
 Suriname5.37.85.14.54.45.4
 Libya9.14.63.55.04.65.4
 Indonesia4.85.15.65.26.05.3
 Gambia6.95.15.04.55.05.3
 Mali7.22.46.15.15.45.2
 Kyrgyzstan7.07.0-0.65.05.54.8
 Egypt3.14.14.95.65.64.7
 Morocco5.54.21.77.33.34.4
 Benin3.93.12.94.55.13.9
 Niger5.3-0.67.03.54.23.9
 Cameroon4.03.72.64.24.33.8
 Djibouti3.23.03.24.25.03.7
 Guinea1.22.73.35.05.43.5
 Yemen3.12.63.83.92.53.2
 Guinea-Bissau-0.62.23.24.65.22.9
 Togo1.93.00.84.24.52.9
 Syria1.03.12.93.23.72.8
 Lebanon5.06.01.0-3.25.02.8
 Gabon2.41.42.92.22.52.3
 Comoros2.5-0.24.21.23.02.1
 Brunei2.90.50.43.72.62.0
 Ivory Coast-1.51.81.91.93.01.4
 Guyana-0.71.6-3.03.54.11.1
 Iraq------
 Palestine------
 Somalia------
Average6.16.05.56.15.95.9

[Note 2]

See also

Notes

  1. ↑ CIA - The World Factbook.
  2. ↑ IMF - World Economic Outlook Database, September 2006, Data for Iraq, Somalia, & Palestine is not available on this site.

References

  1. ↑ "Economies of the ummah". Archived from the original on 16 December 2017. Retrieved 16 December 2017.
  2. ↑ "Muslim countries make thin contribution to global economy". 22 September 2016. Archived from the original on 13 August 2018. Retrieved 16 December 2017.
  3. ↑ "Muslim tourism sector said to be worth over $138bn, and growing". Arabian Business. Retrieved 2016-12-16.
  4. 1 2 3 4 "Data Explorer". data.imf.org. Retrieved 24 October 2025.
  5. ↑ Human Development Report 2025 - A matter of choice: People and possibilities in the age of AI. United Nations Development Programme. 6 May 2025. Archived from the original on 6 May 2025. Retrieved 6 May 2025.
  6. ↑ "Life expectancy at birth, total". The World Bank Group. 1 July 2026. Archived from the original on 3 June 2024. Retrieved 7 July 2026.