10 Richest Muslim Countries in the World

Oman:

Oman is the fifth richest Muslim country in the world. It has a GDP (PPP) per capita of 28,880 dollars for 2011. Oman’s proved reserves of petroleum totals to about 5.5 billion barrels. In 2010, production was estimated at 816,000 barrels per day. Natural gas has increased greatly due to the development of gas fields. Oman’s natural gas reserves are estimated at 849.5 billion cubic meters ranking 28^th in the world. Oman’s mineral resources include copper, gold, zinc, and iron. Several industries have grown up around them as part of the national development process, which have provided jobs for many Omanis and has contributed to the nation’s GDP as well. The citizens of the country enjoy good living standards.

Saudi Arabia:

The country takes the 6^th position in the list. It has a GDP (PPP) per capita of 24,434 dollars for 2011. Saudi Arabia has the world’s second largest oil reserves and oil accounts for more than 95 percent of exports and 70 percent of government revenues. It also has the world’s sixth largest natural gas reserves. The country is planning to launch six “economic cities” which are planned to be completed by 2020. The six new industrialized cities are intended to diversify the economy of Saudi Arabia.