Refining Capital Strategies for the 2026 Gulf Economy

Sub-Saharan African countries represent around one-third of the overall, followed by Latin America and the Middle East (the latter 2 together representing over 40% of the overall). Consisting of, there has actually 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 greater than others; UAE is up more than 45 places in 2024 compared to 2000 while Qatar climbed 24; both Saudi Arabia and Oman increased 17 ranks during the duration. The trapped or worse off nations are some parts of Latin America and Sub-Saharan Africa where structural transformation has actually stalled.

reveals a substantial boost in average 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 given the surge in medium & high-tech manufacturing information).

ANSR July GCC PRs 50DR+

Its diversity metrics have stagnated, revealing the least enhancement in between the preliminary (2000-04) and final (2020-24) recommendation periods., regardless of the headwinds of OPEC+ production cuts. A robust non-hydrocarbon expansion was supported by the GCC's robust domestic need (supported by a strong job pipeline and application) and strong services sector performance.

Vital Drivers Shaping GCC Economic Outlooks by 2026

Kuwait and Saudi Arabia clocked in a boost in non-hydrocarbon revenue, "mostly showing non-hydrocarbon tax base growths and profits collection efficiency enhancements", according to the IMF. In the present geopolitical environment identified by heightening, it remains in the very best interests of commodity reliant countries to diversify its export base, exports and trade partners.