Evaluating Regional Capital Climates vs Global Peers

Sub-Saharan African nations represent around one-third of the total, followed by Latin America and the Middle East (the latter two together representing over 40% of the total). Consisting of, there has been an (from 90.3 in 2000-04 to 92.6 and 92.3 in the five years pre- and post-pandemic ).

ANSR July GCC PRs 50DR+

and ranked higher than others; UAE is up more than 45 places in 2024 compared to 2000 while Qatar climbed up 24; both Saudi Arabia and Oman rose 17 ranks throughout the period. The trapped or worse off nations are some parts of Latin America and Sub-Saharan Africa where structural transformation has stalled.

shows a substantial increase in typical EDI ratings from 86.8 in 2000-04 to 92.6 in 2020-24, (up more than 10 points in the preliminary duration versus 2020-24). with UAE outshining in the trade sub-index (supported by current bilateral trade agreements & non-oil exports push). vs its pre-pandemic reading (partly given the surge in medium & state-of-the-art production information).

ANSR July GCC PRs 50DR+

Its diversification metrics have stagnated, showing the least improvement in between the initial (2000-04) and last (2020-24) referral periods., despite the headwinds of OPEC+ production cuts. A robust non-hydrocarbon growth was supported by the GCC's robust domestic demand (supported by a strong project pipeline and application) and strong services sector performance.

Will GCC Industrial Growth Outpace Western Averages?

Kuwait and Saudi Arabia clocked in an increase in non-hydrocarbon revenue, "mainly reflecting non-hydrocarbon tax base expansions and profits collection efficiency improvements", according to the IMF. In the current geopolitical environment identified by intensifying, it is in the best interests of product dependent countries to diversify its export base, exports and trade partners.