The Global Islamic Economy

1
The Global Islamic Economy

• A rough estimate of the position of Islamic
  peoples in the global economy
• Tim Beal

2
Overview

• Handout in folder
• Two tables and methodological note
• Explain and give highlights

3
Source and method

• Source CIA World Factbook
• Estimates for Gross Domestic Product (GDP)
• 2005 estimates
• Purchasing Power Parity
• For world and individual countries
• of population who are Muslim
• Not given in some cases (Malaysia)
• Sometimes range, so average

4
Calculation

• GDP x Muslim proportion Islamic economy
• Overstates Islamic economy in Europe
• Malaysia, India?

5
Tables

• Table 1
• Rank by GDP
• (3 is EU)
• Country GDP
• B, of world, cumulative
• These countries account for 95 of world GDP
• Muslim
• of population
• Islamic GDP

6
Table 2

• Ranked in order of Islamic economy
• Also gives share of GDP
• World
• Islamic world

7
Highlights

• World GDP is 60,000 billion
• Muslims 20 of world population
• Islamic GDP should be 12,000 b
• By country it is 5,467 b
• I.e. Muslims are at 45 of world average

8
Table 1 Muslim share of population and GDP in
major economies
9
Table 2 The top Islamic economies