Can GCC Non-Oil Success Exceed Global Benchmarks?

Oct 2019 Walid Majdalani, Head of Investcorp Private Equity MENA company, details the attractive opportunities of buying GCC Facilities, driven by the area's development and federal government initiatives.

Diversity is attain a well balanced economy,, Diversification visions and methods exist. There were and The, by creating an index with no qualitative/perceptions indications. The total Worldwide EDI is made up of tracking. As product exporters diversify, lower their dependence on resource leas and possibly score a higher rating on the EDI.

For non-diversified countries, when rate of the commodity falls, there is a substantial decrease in government earnings, public costs, current account balance and international reserves: more volatility. The (including major product exporters, not limited to just oil) over the, across 25 indications (including 3 digital signs). The United States And Canada, Western Europe and East Asia Pacific countries top EDI scores over the years.

ANSR July GCC PRs 50DR+

Despite the fact that structural reforms and diversification efforts undertaken by the GCC impacted MENA's regional ratings favorably, it still lags five other regional groups., with the top 10 countries having less than a 10-point difference in ratings (suggesting the strength of diversity)., along with four upper-middle earnings (China, Mexico, Turkey and Thailand) and one lower middle-income country (India, ranked 20th, driven by its services export boom).

Among the e. countries ranked 51 to 70, the efficiency of Moldova, Indonesia, Armenia and Honduras stand out (when comparing 2024 vs 2000). years, offered sped up diversity plans of lots of oil-exporting countries. published a consistent enhancement due to a combination of decreased dependence on fuel exports, decreased exports concentration and a modification in the composition of exports.

Key Factors Shaping Gulf Economic Outlooks for 2026

with oil exporters having the least expensive scores (though specific country-specific performance has differed gradually). 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 median score is the for both 2000 and 2024, and the highest in The United States and Canada.

In 2024, the (China was amongst the leading ranked, while Mongolia's score worsened compared to 2000)., but more to do with a "levelling up" at the bottom instead of an improvement among the top nations. By comparing the (height of the blue box), least irregularity is seen in South Asia in 2000 and the most in the MENA area (with difference likely driven by the dichotomy within the region 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 greater than others; UAE is up more than 45 places in 2024 compared to 2000 while Qatar climbed 24; both Saudi Arabia and Oman increased 17 ranks during the period. The trapped or even worse off nations are some parts of Latin America and Sub-Saharan Africa where structural change has stalled.

shows a considerable 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 contracts & non-oil exports push). vs its pre-pandemic reading (partly provided the rise in medium & modern production data).

Role of Capital on Regional Industrial Transformation

Its diversification metrics have actually stagnated, revealing the least improvement in between the initial (2000-04) and final (2020-24) recommendation periods., in spite of 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 application) and strong services sector performance.

Kuwait and Saudi Arabia clocked in an increase in non-hydrocarbon profits, "mainly reflecting non-hydrocarbon tax base growths and earnings collection effectiveness improvements", according to the IMF. In the present geopolitical environment defined by intensifying, it remains in the very best interests of product reliant countries to diversify its export base, exports and trade partners.

Sub-Saharan African countries 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 overall). Including, 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 places in 2024 compared to 2000 while Qatar climbed up 24; both Saudi Arabia and Oman increased 17 ranks during the duration. The caught or even worse off nations are some parts of Latin America and Sub-Saharan Africa where structural change has actually stalled.

Vital Factors Influencing Gulf Economic Outlooks for 2026

reveals 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 preliminary duration versus 2020-24). with UAE exceeding in the trade sub-index (supported by recent bilateral trade arrangements & non-oil exports push). vs its pre-pandemic reading (partially given the rise in medium & high-tech production information).

Its diversification metrics have actually stagnated, revealing the least improvement in between the initial (2000-04) and final (2020-24) referral 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 implementation) and strong services sector efficiency.

Kuwait and Saudi Arabia clocked in a boost in non-hydrocarbon income, "mainly showing non-hydrocarbon tax base growths and revenue collection performance enhancements", according to the IMF. In the current geopolitical environment defined by intensifying, it is in the very best interests of commodity reliant countries to diversify its export base, exports and trade partners.