Essential Global Investment Opportunities across the GCC Economy

Sub-Saharan African countries represent around one-third of the total, followed by Latin America and the Middle East (the latter two together accounting for over 40% of the total). Including, 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 locations in 2024 compared to 2000 while Qatar climbed up 24; both Saudi Arabia and Oman rose 17 ranks during the duration. The trapped or worse off nations are some parts of Latin America and Sub-Saharan Africa where structural change has actually 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 period versus 2020-24). with UAE surpassing in the trade sub-index (supported by current bilateral trade contracts & non-oil exports push). vs its pre-pandemic reading (partially offered the surge in medium & modern manufacturing information).

ANSR July GCC PRs 50DR+

Its diversification metrics have actually stagnated, revealing the least improvement in between the initial (2000-04) and last (2020-24) referral periods., regardless of 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.

Is GCC Emerging as Primary Industrial Hub?

Kuwait and Saudi Arabia clocked in a boost in non-hydrocarbon earnings, "mainly showing non-hydrocarbon tax base expansions and income collection performance enhancements", according to the IMF. In the current geopolitical environment defined by magnifying, it remains in the finest interests of product dependent countries to diversify its export base, exports and trade partners.