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yes but U.A.E is the wealthier nation  :lol:  :lol:

Really? I think not lol

U.A.E

GDP (purchasing power parity):

$63.67 billion (2004 est.)

Saudi Arabia

GDP (purchasing power parity):

$310.2 billion (2004 est.)

If you ask which is richer, Saudi Arabia or Bahrain, many will quickly respond that the Saudis are far wealthier and are the richest in the Arab world. The answer is wrong.

Qatar is the wealthiest nation in the region, the UAE is the second richest and Mauritania is the poorest. Saudi Arabia is in fifth place.

Arab League figures showed the per capita income in Qatar stood at $29,948 in 2002, one of the highest levels in the world.

In the UAE, it stood at $20,509, while it was estimated at $14,597 in Kuwait, $11,374 in Bahrain and $8,053 in Saudi Arabia.

The Cairo-based League gave no figures for last year but economists believe Qatar remained the richest as its per capita income was even higher because of a surge in oil prices, its growing exports of liquefied natural gas and relatively low population.

Since the per capita income is calculated by dividing the gross domestic product by the population, the UAE's per capita was also expected to remain high last year as its population was projected to grow by five per cent while the GDP soared by 4.5 per cent.

Although it controls more than a quarter of the world's proven oil wealth, Saudi Arabia has been among the least lucky Arab nations in terms of living standards.

At the height of the oil boom in 1981, the Kingdom's per capita income peaked at around $16,400, the highest in the Arab world. But the income has sharply eroded over the past years because of a rapid growth in its population and lower oil prices and output.

Experts see no major improvement in the near future as the Kingdom has no curbs on births and its economy is not growing as fast as it hopes.

Another unlucky Arab oil producer is Libya, whose per capita income plummeted to only $3,292 in 2002 from $6,340 in 1995 because of a sharp decline in its oil production.

Mauritania emerged as the poorest Arab nation, with a per capita income of only $334 in 2002, a daily average of less than one dollar. The second poorest is Sudan with an income of around $443, followed by Yemen with around $508.

The figures showed a sharp increase in the per capita income in some member states during 1995-2002 while it recorded only slight improvements in other members and retreated in some countries. The last category includes Mauritania, Djibouti, Morocco and Libya. The report did not cover war-battered Iraq and Somalia.

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Anyway, enough with all the boring figures :geek:

thats one hell of a run what you brung day.....errr evening, think a Carrera GT vs and Enzo kinda out does our Saxo vs Nova :hehe:

and did anyone scroll down to the boobies :D ........Aido

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