Dating in arab countries
Countries like Syria torn by war actually experience contraction in their economy instead of growth and negative GDP as value flows out of the country.
It’s important to note that even in these markets there are still some industries and products that do well and experience growth.
The study of economics tells us that inferior goods are products that increase in demand as incomes decrease.
Bus travel is an example of an inferior good that people turn as their incomes decrease.
This region stretches from Morocco in Northern Africa to Dubai in the Persian Gulf.
In Qatar, the Arab country with the largest GDP growth (5.6%), petroleum accounts for more than 70% of total government revenue, more than 60% of gross domestic product, and roughly 85% of export earnings.This is approximately 4% of Gross World Product (GWP).Many countries in the Arab world are considered emerging markets.It has been preserved since the 7 century CE through the Prophet Muhammad’s revelations recorded in the Qur’an.
By the 8th Century CE, Arabic began spreading throughout the Middle East and North Africa as many people converted to Islam. Today, the Arab world is as region composed of countries in the Middle East and North Africa where Arabic is an official language.
Below is a list of 4 Arab countries that fall into this category.