Openness

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Openness in Arab countries

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Openness

  1. 1. OPENNESS IN ARAB REGION By Adnan Ahmed Qatinah
  2. 2. • The Openness Index is an economic metric calculated as the ratio of countrys total trade, the sum of exports plus imports, to the countrys gross domestic product (GDP)http://www-
  3. 3. Source: Hassan Hakimian, 2000.
  4. 4. % GDP - MENA Latin America and Caribbean South Asia Sub-Saharan Africa East Asia and Pacific European Union Source: World Bank database, http://databank.worldbank.org
  5. 5. Algeria Linear (AlgeriaSource: World Bank database,http://databank.worldbank.org
  6. 6. Egypt Linear (EgyptSource: World Bank database,http://databank.worldbank.org
  7. 7. Lebanon Linear (LebanonSource: World Bank database,http://databank.worldbank.org
  8. 8. Syria Linear (SyriaSource: World Bank database,http://databank.worldbank.org
  9. 9. Yemen Linear (YemenSource: World Bank database,http://databank.worldbank.org
  10. 10. Algeria Egypt Lebanon Syria YemenSource: World Bank database,http://databank.worldbank.org
  11. 11. Openness degree of the GCCBahrain Kuwait Oman Qatar Saudi Arabia UAE
  12. 12. Small open economies GDP Trade Openness Intra-GCC Country Bn USD Bn USD % of GDP % of tradeBahrain 15 21 133% 16.3%Kuwait 94 74 78% 4.8%Oman 35 32 91% 17.2%Qatar 52 44 85% 7.4%Saudi Arabia 346 250 72% 4.3%UAE 158 247 157% 5.1%GCC 701 668 95% 6.1%World 48,121 24,365 51%Source: Global Insight, IMF DOTS, Ecowin,

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