GDP ranking of OPEC countries in 2016

According to the latest statistics released by the World Bank in 2024, among the OPEC countries in 2016, Saudi Arabia ranked first in terms of gross domestic product(GDP), with a total economic volume of $644.94 billion; Iran ranked second in terms of GDP, with a total economic volume of $457.96 billion; Nigeria ranked third in terms of GDP, with a total economic volume of $404.65 billion; United Arab Emirates ranked fourth in terms of GDP, with a total economy of $357.05 billion; and Iraq, with a total economy of $166.6 billion, ranked fifth in GDP.

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Data from the World Bank and China Bureau of Statistics.

Rank Country GDP
1 Saudi Arabia $644.94 billion
2 Iran $457.96 billion
3 Nigeria $404.65 billion
4 United Arab Emirates $357.05 billion
5 Iraq $166.6 billion
6 Algeria $160.03 billion
7 Kuwait $109.42 billion
8 Libya $49.91 billion
9 Angola $49.84 billion
10 Gabon $14.02 billion
11 Equatorial Guinea $11.24 billion
12 Republic of Congo $10.22 billion

YEAR