Chapters
Macro-economics
Oil data: upstream
Oil data: downstream
Oil trade
Oil transportation
Oil prices
Taxes on oil
Natural gas data
Maps
Information
Abbreviations
Conversion factors
Country groupings
Definitions
Major Sources
Selected oil companies
About ASB
Key messages
Disclaimer
Contributors
Archive
2023
2022
2021
2020
Account
Login
Register
Annual Statistical Bulletin 2024
Annual Statistical Bulletin 2024

Macro-economics

GDP

OPEC Members' nominal GDP (at current market prices)

(m $)
  2019 2020 2021 2022 2023 Change 23/22 % Change 23/22 Avg. Gr. (%) Mean SD Min Max CV Share in 2023 (%)
Algeria 171750 145684 163421 225547 246800 21253 9.42 9.42 190640 43276 145684 246800 0.23 7.43
Congo 13977 11485 13387 13961 14423 462 3.31 3.31 13447 1157 11485 14423 0.09 0.43
Equatorial Guinea 11364 9894 12269 11767 10284 -1483 -12.60 -12.60 11116 1000 9894 12269 0.09 0.31
Gabon 16824 15337 20229 21076 20524 -552 -2.62 -2.62 18798 2554 15337 21076 0.14 0.62
IR Iran 241658 195528 289294 347446 403526 56080 16.14 16.14 295490 82613 195528 403526 0.28 12.14
Iraq 233636 182455 209692 286640 253882 -32759 -11.43 -11.43 233261 40036 182455 286640 0.17 7.64
Kuwait 136189 107505 141779 182809 159337 -23472 -12.84 -12.84 145524 27962 107505 182809 0.19 4.80
Libya 69280 46921 35224 43289 45011 1722 3.98 3.98 47945 12731 35224 69280 0.27 1.35
Nigeria 406176 430197 436450 470332 500149 29817 6.34 6.34 448661 36796 406176 500149 0.08 15.05
Saudi Arabia 838565 734271 874156 1108572 1067583 -40989 -3.70 -3.70 924629 158478 734271 1108572 0.17 32.13
United Arab Emirates 417990 349473 415179 507064 504173 -2891 -0.57 -0.57 438776 66903 349473 507064 0.15 15.17
Venezuela 73003 43788 57666 92104 97116 5012 5.44 5.44 72735 22554 43788 97116 0.31 2.92
Total OPEC 2630412 2272539 2668746 3310607 3322808 12201 0.37 0.37 2841022 460933 2272539 3322808 0.16 100.00