Why Economic Expansion Boosts GCC Growth for 2026

Sub-Saharan African nations 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). Consisting of, there has 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 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 increased 17 ranks during the duration. The caught or even worse off countries are some parts of Latin America and Sub-Saharan Africa where structural improvement has actually stalled.

shows a significant increase in average EDI scores from 86.8 in 2000-04 to 92.6 in 2020-24, (up more than 10 points in the preliminary period versus 2020-24). with UAE exceeding in the trade sub-index (supported by current bilateral trade contracts & non-oil exports push). vs its pre-pandemic reading (partly provided the surge in medium & modern manufacturing information).

ANSR July GCC PRs 50DR+

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

Building Sustainable Financial Structures with Arabian Assets

Kuwait and Saudi Arabia clocked in an increase in non-hydrocarbon revenue, "primarily showing non-hydrocarbon tax base expansions and profits collection effectiveness improvements", according to the IMF. In the current geopolitical environment defined by magnifying, it is in the finest interests of product reliant nations to diversify its export base, exports and trade partners.