5 Richest Arab Countries in 2023

2. United Arab Emirates 

Total GDP of the country (2023): $498.98 Billion

The United Arab Emirates is one of the most established economies among the Arab countries. UAE has become an epicenter for tourists and the corporate world. Reuters reported that as per the United Nations trade body, UAE’s foreign direct investment soared 10% year over year to a record $23 billion in 2022. UAE has a GDP per capita of $49,450 and is ranked second on our list of the richest Arab countries in 2023.