According to the annual report 2009, total GDP of member countries declined to 3.98 trillion dollars.
The Annual Economic Report on the OIC Countries 2009 was released during the 25th session of the COMCEC summit (Committee for Economic and Commercial Cooperation) in İstanbul.
According to the report, the total gross domestic product (GDP) of 57 OIC members is estimated to suffer roughly a 600 billion-dollar decrease compared to last year’s figure in the wake of the global crisis.
The report says that GDP of OIC members will decrease from 4.59 trillion dollars in 2008 to 3.98 trillion dollars in 2009. In line with the trend, the OIC share in world GDP is estimated to decline to 7.2% from the previous figure of 7.5%.
According to the 2008 data, Turkey attained the highest GDP among members.
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