Optimizing Capital Pipelines for the Next-Gen Gulf Outlook

Sub-Saharan African nations represent 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 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 rose 17 ranks throughout the period. The caught or even worse off countries are some parts of Latin America and Sub-Saharan Africa where structural improvement has stalled.

reveals a significant increase in average EDI ratings from 86.8 in 2000-04 to 92.6 in 2020-24, (up more than 10 points in the preliminary duration versus 2020-24). with UAE exceeding in the trade sub-index (supported by recent bilateral trade contracts & non-oil exports push). vs its pre-pandemic reading (partially offered the surge in medium & modern production information).

ANSR July GCC PRs 50DR+

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

Can Gulf Industrial Growth Outpace Global Benchmarks?

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