The Arab League

The Arab League (Arabic: الجامعة العربية‎ is a regional organization of Arab states in and around North Africa, the Horn of Africa and Arabia. It was formed in Cairo on 22 March 1945 with six members: Egypt, Iraq, Jordan, Lebanon, Saudi Arabia, and Syria. The League’s primary goal is to “draw closer the relations between member States and coordinate collaboration between them, to safeguard their independence and sovereignty, and to consider in a general way the affairs and interests of the Arab countries.” As of 2016, there are 22 member states:

Algeria  Mauritania  United Arab Emirates
 Bahrain  Morocco  Yemen
 Comoros  Oman and 5 observer states:
 Djibouti  Palestine  Brazil
 Egypt  Qatar  Eritrea
 Iraq  Saudi Arabia  India
 Jordan  Somalia  Venezuela[15]
 Kuwait  Sudan  Armenia
 Lebanon  Syria
 Libya  Tunisia
Population (2015 estimate) 423,000,000
*GDP (norminal) 2011 estimate) $3.526 trillion
Per capita $4,239
GDP (**PPP) 2016 estimate $6.484 trillion
Per Capita $9,347
(DZB) Algerian dinar (BHD) Bahraini dinar
(KMF) Comorian franc (DJF) Djiboutian franc
(EGP) Egyptian pound (IQD) Iraqi dinar
(JOD) Jordanian dinar (KWD) Kuwaiti dinar
(LBP) Lebanese pound (LYD) Libyan dinar
(MRO) Mauritanian ouguiya (MAD) Moroccan dirham
(OMR) Omani rial (QAR) Qatari riyal
(SAR) Saudi riyal (SOS) Somali shilling
(SDD) Sudanese pound (SYP) Syrian pound
(AED) UAE dirham (YER) Yemeni rial
(TND) Tunisian dinar

*Gross domestic products (GDP) is a monetary measure of the market value of all the final goods and services produced in a specific time period, often annually. GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries; therefore using a basis of GDP per capita at purchasing power parity (PPP) is arguably more useful when comparing differences in living standards between nations.

** While PPP  most common usage is between two locations that use different currencies. In that case, PPP produces an exchange rate that equals the ratio of the price of the basket of goods at one location over the price of the basket of goods at a different location. The PPP exchange rate may be different than the market exchange rate because of transportation costs, tariffs, and other frictions. PPP exchange rates are widely used when comparing GDP from different countries.

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