Why the GCC Becoming Primary Industrial Hub?

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 overall). Consisting of, 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 up 24; both Saudi Arabia and Oman rose 17 ranks throughout the duration. The caught or even worse off nations are some parts of Latin America and Sub-Saharan Africa where structural improvement has 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 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 & modern production data).

ANSR July GCC PRs 50DR+

Its diversity metrics have actually stagnated, revealing the least enhancement between the initial (2000-04) and last (2020-24) referral periods., despite 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 implementation) and strong services sector efficiency.

Upcoming GCC Market Trends for 2026 World Markets

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