How Industrial Diversification Drives GCC Growth for 2026

Sub-Saharan African countries account for around one-third of the overall, followed by Latin America and the Middle East (the latter 2 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 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 throughout the period. The caught or even worse off nations are some parts of Latin America and Sub-Saharan Africa where structural improvement has stalled.

shows a significant boost in typical EDI scores 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 current bilateral trade agreements & non-oil exports push). vs its pre-pandemic reading (partly offered the rise in medium & state-of-the-art production information).

ANSR July GCC PRs 50DR+

Its diversity metrics have actually stagnated, revealing the least improvement in between the preliminary (2000-04) and final (2020-24) recommendation 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 execution) and strong services sector performance.

Evaluating GCC Investment Climates vs Emerging Markets

Kuwait and Saudi Arabia clocked in an increase in non-hydrocarbon profits, "primarily showing non-hydrocarbon tax base growths and income collection efficiency enhancements", according to the IMF. In the present geopolitical environment defined by intensifying, it is in the very best interests of commodity reliant nations to diversify its export base, exports and trade partners.