All Categories
Featured
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 actually been an (from 90.3 in 2000-04 to 92.6 and 92.3 in the five 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 rose 17 ranks during the period. The trapped or worse off nations are some parts of Latin America and Sub-Saharan Africa where structural transformation has stalled.
Comparing Market Growth Potentials in GCC Nationsshows 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 preliminary period 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 offered the rise in medium & modern manufacturing data).
Its diversification metrics have stagnated, revealing the least enhancement between the preliminary (2000-04) and final (2020-24) reference 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 task pipeline and implementation) and strong services sector efficiency.
Kuwait and Saudi Arabia clocked in a boost in non-hydrocarbon earnings, "mostly reflecting non-hydrocarbon tax base expansions and income collection performance improvements", according to the IMF. In the present geopolitical environment identified by magnifying, it is in the very best interests of commodity dependent nations to diversify its export base, exports and trade partners.
Latest Posts
Analyzing Regional Market Potential in 2026
Essential Financial Trends Across the GCC
Assessing GCC Investment Resilience for 2026