Annual Economic Report on the OIC Countries 2008
Date: 10 November 2008

The Annual Economic Report on the OIC Countries 2008 analyses the trends in the major economic indicators of the OIC countries in the light of the robust rate of growth in the world economy, which started in the early 2000s and continued in 2007, taking into consideration the recent estimates which show that this trend in global expansion is about to be broken in 2008 as a result of an expected slowdown in world economic activity, led mainly by a sharp downturn in the economy of the United States due to the recent turbulence in the housing and financial markets.

The Report also highlights the issue of the recent increases in world food and oil prices and their implications for the OIC member countries and includes special windows which shed light on various issues of concern to the developing countries, including the OIC members. The themes of these windows are: Bio-Fuels and Food Price Inflation, Current Fuel Price Hike and Impacts on oil exporting OIC member countries and Transition to Knowledge Economy. As has been the case in the last year’s issue, the Report includes “Country Profile” pages, which comprises data and graphical analysis on the major economic indicators of each country, and, thus, it presents the overall economic performance at the individual country level.

Online Electronic Version

Annual Economic Report on the OIC Countries 2008 (English) (Arabic) (French)