Vital Factors Influencing Gulf Market Forecasts by 2026

Sub-Saharan African nations account for around one-third of the overall, followed by Latin America and the Middle East (the latter 2 together representing over 40% of the total). 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 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 duration. The trapped or even worse off nations are some parts of Latin America and Sub-Saharan Africa where structural change has stalled.

reveals 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 duration versus 2020-24). with UAE outperforming in the trade sub-index (supported by recent bilateral trade contracts & non-oil exports push). vs its pre-pandemic reading (partially provided the rise in medium & modern manufacturing data).

ANSR July GCC PRs 50DR+

Its diversity metrics have stagnated, revealing the least improvement between the preliminary (2000-04) and last (2020-24) reference periods., in spite 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 project pipeline and execution) and strong services sector efficiency.

Navigating GCC Equity Exchange Shifts through 2026

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