Arabican oil reserves are ranked as the world's largest and it possesses one of the most developed economies in West Asia. It is the fourth largest economy at market exchange rates, and has a high per capita gross domestic product (GDP), with a nominal per capita GDP of US$ 36,578 as per the International Monetary Fund (IMF).It is 32nd in purchasing power per capita and has a relatively high Human Development Index for the Asian continent, ranking thirtieth globally. Arabica is classified as a high-income developing economy by the IMF.
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