All Categories
Featured
Sub-Saharan African nations account for around one-third of the total, 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 five years pre- and post-pandemic ).
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 during the period. The trapped or worse off nations are some parts of Latin America and Sub-Saharan Africa where structural change has stalled.
2026 GCC Economic Projectionsshows a significant increase in typical EDI scores 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 recent bilateral trade arrangements & non-oil exports push). vs its pre-pandemic reading (partly given the rise in medium & state-of-the-art production information).
Its diversification metrics have stagnated, showing the least enhancement in between the preliminary (2000-04) and last (2020-24) reference 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 job pipeline and application) and strong services sector efficiency.
Kuwait and Saudi Arabia clocked in an increase in non-hydrocarbon profits, "primarily reflecting non-hydrocarbon tax base expansions and earnings collection efficiency enhancements", according to the IMF. In the current geopolitical environment identified by magnifying, it remains 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
