Middle East and North Africa economy graph showing purchasing power parity (PPP) growth from 1990 to today. Purchasing power parity adjusts the size of the economy to relevant price levels, i.e. measuring the price of specific goods in different countries and adjusting GDP accordingly.
The overall regional GDP per capita (PPP) in 2023 was approximately $14,000. Oil and gas, agriculture, and an expanding services sector form the economic backbone.