Vital Drivers Shaping GCC Market Outlooks by 2026

Sub-Saharan African countries represent around one-third of the overall, followed by Latin America and the Middle East (the latter two together representing over 40% of the total). Including, 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 24; both Saudi Arabia and Oman increased 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 actually 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 initial duration versus 2020-24). with UAE outshining in the trade sub-index (supported by current bilateral trade arrangements & non-oil exports push). vs its pre-pandemic reading (partially given the surge in medium & state-of-the-art manufacturing data).

ANSR July GCC PRs 50DR+

Its diversity metrics have stagnated, revealing the least improvement between the initial (2000-04) and final (2020-24) reference 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 execution) and strong services sector efficiency.

Navigating Middle East Equity Market Shifts through 2026

Kuwait and Saudi Arabia clocked in an increase in non-hydrocarbon profits, "mostly reflecting non-hydrocarbon tax base expansions and income collection performance improvements", according to the IMF. In the present geopolitical environment identified by intensifying, it is in the very best interests of commodity reliant countries to diversify its export base, exports and trade partners.