How Industrial Expansion Boosts Middle East Stability in 2026

Sub-Saharan African countries represent around one-third of the overall, followed by Latin America and the Middle East (the latter two together representing over 40% of the overall). Including, there has actually been an (from 90.3 in 2000-04 to 92.6 and 92.3 in the 5 years pre- and post-pandemic ).

ANSR July GCC PRs 50DR+

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

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

ANSR July GCC PRs 50DR+

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

Can GCC Non-Oil Growth Exceed Western Benchmarks?

Kuwait and Saudi Arabia clocked in an increase in non-hydrocarbon income, "primarily showing non-hydrocarbon tax base expansions and income collection effectiveness improvements", according to the IMF. In the current geopolitical environment characterized by intensifying, it remains in the best interests of commodity dependent countries to diversify its export base, exports and trade partners.