Saudi Arabia ranks first among the strongest Arab economies

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Saudi Arabia ranked first among the strongest Arab economies for the year 2021, according to the classification of the American “Forbes” magazine. According to the report recently published by the magazine, Saudi Arabia took the lead, with its GDP at current prices expected to reach $804.9 billion by the end of 2021. While the UAE came in second place, with its gross domestic product recording in 2021 a level of $401.5 billion, followed by Egypt, With its GDP expected to reach $394.3 billion, according to Russia Today. The report indicated that the UAE advanced one place in 2021 from its classification last year, and the UAE surpassed Egypt in this year’s classification. Egypt has fallen one place to third in the Arab world this year, with its GDP expected to reach $394.3 billion, compared to $361.8 billion in 2020. Iraq ranked fourth for the year 2021, with its GDP expected to reach $190.7 billion, while Qatar came in Fifth place, with a GDP of $166 billion this year.





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