Role of FDI on Regional Industrial Development

Sub-Saharan African countries represent around one-third of the total, 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 24; both Saudi Arabia and Oman increased 17 ranks during the period. The caught or worse off countries are some parts of Latin America and Sub-Saharan Africa where structural change has stalled.

reveals a substantial increase in average EDI ratings 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 contracts & non-oil exports push). vs its pre-pandemic reading (partially offered the rise in medium & high-tech manufacturing information).

ANSR July GCC PRs 50DR+

Its diversity metrics have stagnated, revealing the least improvement between the initial (2000-04) and final (2020-24) recommendation periods., despite the headwinds of OPEC+ production cuts. A robust non-hydrocarbon expansion was supported by the GCC's robust domestic demand (supported by a strong project pipeline and application) and strong services sector efficiency.

How Economic Diversification Drives GCC Growth in 2026

Kuwait and Saudi Arabia clocked in a boost in non-hydrocarbon revenue, "mostly reflecting non-hydrocarbon tax base growths and earnings collection effectiveness enhancements", according to the IMF. In the present geopolitical environment identified by heightening, it is in the very best interests of commodity reliant nations to diversify its export base, exports and trade partners.