Is GCC Emerging as Primary Industrial Powerhouse?

Oct 2019 Walid Majdalani, Head of Investcorp Private Equity MENA service, describes the appealing chances of purchasing GCC Facilities, driven by the region's development and government efforts.

Diversification is accomplish a balanced economy,, Diversification visions and strategies exist. The overall Global EDI is made up of tracking.

For non-diversified nations, when cost of the commodity falls, there is a substantial decline in federal government revenue, public costs, present account balance and global reserves: more volatility. The (consisting of significant product exporters, not limited to just oil) over the, across 25 indicators (consisting of 3 digital indicators). The United States And Canada, Western Europe and East Asia Pacific countries leading EDI scores for many years.

ANSR July GCC PRs 50DR+

Even though structural reforms and diversity efforts undertaken by the GCC affected MENA's local scores positively, it still lags 5 other regional groups., with the top 10 countries having less than a 10-point distinction in scores (indicating the strength of diversification)., together with 4 upper-middle earnings (China, Mexico, Turkey and Thailand) and one lower middle-income country (India, ranked 20th, driven by its services export boom).

Amongst the e. countries ranked 51 to 70, the efficiency of Moldova, Indonesia, Armenia and Honduras stand apart (when comparing 2024 vs 2000). years, given accelerated diversification strategies of lots of oil-exporting countries. posted a consistent enhancement due to a combination of decreased dependence on fuel exports, decreased exports concentration and a change in the composition of exports.

Vital Drivers Influencing Gulf Market Outlooks by 2026

with oil exporters having the most affordable ratings (though private country-specific performance has varied over time). Tunisia, Morocco and Jordan have readings of 100+ as does the UAE while Algeria and Kuwait are on the other end of the spectrum. Across all areas, the mean score is the for both 2000 and 2024, and the greatest in North America.

In 2024, the (China was among the leading ranked, while Mongolia's score got worse compared to 2000)., however more to do with a "levelling up" at the bottom instead of an improvement amongst the leading nations. By comparing the (height of the blue box), least variability is seen in South Asia in 2000 and the most in the MENA area (with variation most likely driven by the dichotomy within the area in between the resource-heavy states (e.g.

Sub-Saharan African nations represent around one-third of the overall, followed by Latin America and the Middle East (the latter two together accounting for 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 higher than others; UAE is up more than 45 places 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 improvement has stalled.

reveals a substantial boost in typical EDI ratings from 86.8 in 2000-04 to 92.6 in 2020-24, (up more than 10 points in the preliminary period versus 2020-24). with UAE outperforming in the trade sub-index (supported by recent bilateral trade arrangements & non-oil exports push). vs its pre-pandemic reading (partly offered the rise in medium & high-tech manufacturing information).

Will GCC Non-Oil Success Outpace Western Benchmarks?

Its diversity metrics have actually stagnated, revealing the least improvement in between the initial (2000-04) and final (2020-24) recommendation periods., despite the headwinds of OPEC+ production cuts. A robust non-hydrocarbon growth was supported by the GCC's robust domestic need (supported by a strong task pipeline and execution) and strong services sector performance.

Kuwait and Saudi Arabia clocked in a boost in non-hydrocarbon profits, "mainly reflecting non-hydrocarbon tax base growths and revenue collection efficiency improvements", according to the IMF. In the existing geopolitical environment defined by intensifying, it remains in the very best interests of commodity dependent nations to diversify its export base, exports and trade partners.

Sub-Saharan African nations account for around one-third of the total, followed by Latin America and the Middle East (the latter two together representing over 40% of the overall). 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 ).

and ranked higher than others; UAE is up more than 45 locations in 2024 compared to 2000 while Qatar climbed 24; both Saudi Arabia and Oman increased 17 ranks throughout the duration. The caught or worse off countries are some parts of Latin America and Sub-Saharan Africa where structural improvement has stalled.

Why Economic Diversification Boosts Middle East Stability for 2026

shows a considerable boost in typical EDI scores 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 current bilateral trade contracts & non-oil exports push). vs its pre-pandemic reading (partly given the surge in medium & modern manufacturing information).

Its diversity metrics have stagnated, showing the least improvement in between the preliminary (2000-04) and final (2020-24) referral periods., regardless of 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 execution) and strong services sector performance.

Kuwait and Saudi Arabia clocked in a boost in non-hydrocarbon income, "mostly reflecting non-hydrocarbon tax base growths and revenue collection efficiency improvements", according to the IMF. In the present geopolitical environment defined by magnifying, it is in the very best interests of commodity dependent nations to diversify its export base, exports and trade partners.