Iraq ranked highly among the largest Arab economies in 2026, according to purchasing power parity (PPP) data from the International Monetary Fund (IMF).
Iraq came in fifth place among Arab countries, with a GDP of approximately $739.1 billion, reflecting significant growth in its economic capabilities and its standing among the countries of the region.
Saudi Arabia topped the list with an economy of $2.84 trillion, followed by Egypt at $2.53 trillion, then the UAE at approximately $1 trillion, and Algeria at $915.8 billion.
Following Iraq were Morocco with an economy of $457.5 billion, Qatar with $410.6 billion, Kuwait with $285.9 billion, Oman with $245.9 billion, and Tunisia with $193.6 billion.
Jordan recorded $138 billion, Sudan $135.9 billion, Libya $132.8 billion, Bahrain $118.1 billion, and Yemen came in last with $71.2 billion.
It is worth noting that the purchasing power parity (PPP) index is a strategic measure that reflects an economy's actual ability to purchase goods and services domestically, independent of global exchange rate fluctuations.
Iraq will be among the top 5 Arab economies in 2026.
