by Max Barry

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Region: Commonwealth of Liberty

MECO | Economy

by Meco meco

Economy of the Middle East Cooperation Organisation


House of Equality


Currency
Persian Peki / Iraqi Dinar / Saudi Riyal / Sudanese Pound / Jordanian Pound

Fiscal year
2023

Statistics

Total Population
212 690 000 (2023 est.)

Total GDP
USD $ 5.98 Trillion (2023 est.)

GDP growth
5.6%

GDP per capita
USD $28,116 (2023 est.)

Overall Poverty Rate
14.9% (2023 est.)

Overall Unemployment
8.7% (2023 est.)

Exports Worth
USD $2.305 Trillion (2023 est.)

Imports Worth
USD $1.571 Trillion (2023 est.)

Total Trade Worth
USD $3.876 Trillion (2023 est.)


OVERVIEW — MECO

The Middle East Cooperation Organisation has been formed for now nine years and over that time the MECO economy has grown with extremely good rate. MECO is now of the few established strong economic trading blocs in the world besides EU and SRGI. The MECO economy is a mixture of services, industries and agricultural economies, with Iran, Iraq, Saudi Arabia, Jordan and Sudan as members. The Middle East Cooperation Organisation trades with all countries around the world, and it's free market and business ease is marking it as a quickly growing market.

| Trade Chart - 2023 |



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MECO IS THE FUTURE OF THE MIDDLE EAST

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