OPENNESS IN ARAB REGION

          By
  Adnan Ahmed Qatinah
• The Openness Index is an economic metric calculated as
  the ratio of country's total trade, the sum of exports plus
  imports, to the country's gross domestic product (GDP)




http://www-
Source: Hassan Hakimian, 2000.
% 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
Algeria   Linear (Algeria

Source: World Bank database,
http://databank.worldbank.org
Egypt   Linear (Egypt

Source: World Bank database,
http://databank.worldbank.org
Lebanon   Linear (Lebanon


Source: World Bank database,
http://databank.worldbank.org
Syria   Linear (Syria


Source: World Bank database,
http://databank.worldbank.org
Yemen   Linear (Yemen


Source: World Bank database,
http://databank.worldbank.org
Algeria   Egypt   Lebanon   Syria   Yemen


Source: World Bank database,
http://databank.worldbank.org
Openness degree of the GCC




Bahrain   Kuwait     Oman      Qatar       Saudi Arabia   UAE
Small open economies

                     GDP        Trade        Openness     Intra-GCC
         Country
                    Bn USD      Bn USD       % of GDP     % of trade
Bahrain               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,
Openness

Openness

  • 1.
    OPENNESS IN ARABREGION By Adnan Ahmed Qatinah
  • 2.
    • The OpennessIndex is an economic metric calculated as the ratio of country's total trade, the sum of exports plus imports, to the country's gross domestic product (GDP) http://www-
  • 3.
  • 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.
    Algeria Linear (Algeria Source: World Bank database, http://databank.worldbank.org
  • 6.
    Egypt Linear (Egypt Source: World Bank database, http://databank.worldbank.org
  • 7.
    Lebanon Linear (Lebanon Source: World Bank database, http://databank.worldbank.org
  • 8.
    Syria Linear (Syria Source: World Bank database, http://databank.worldbank.org
  • 9.
    Yemen Linear (Yemen Source: World Bank database, http://databank.worldbank.org
  • 10.
    Algeria Egypt Lebanon Syria Yemen Source: World Bank database, http://databank.worldbank.org
  • 11.
    Openness degree ofthe GCC Bahrain Kuwait Oman Qatar Saudi Arabia UAE
  • 12.
    Small open economies GDP Trade Openness Intra-GCC Country Bn USD Bn USD % of GDP % of trade Bahrain 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,