5 Most Powerful Countries in the Middle East Heading into 2024

2. Saudi Arabia

Economic Strength Rank: 1

Military Strength Rank: 3

Political Soft Power Rank: 2

Cultural Influence Rank: 5

Weighted Score: 2.45

Saudi Arabia is the largest producer of oil in the Middle East and has used its wealth from oil to finance its military ambitions as well. In 2022, the kingdom spent $75 billion in military expenditure, making it the fifth highest spender on defense. It has not shied away from flexing its muscle in the region either; its military operations in Yemen against the Houthis and diplomatic row with Qatar in 2017 are testament to that.

The country is also home to some of Islam’s holiest places and enjoys immense influence over much of the Muslim world.