How Industrial Diversification Drives Middle East Growth in 2026

Sub-Saharan African nations account for around one-third of the overall, followed by Latin America and the Middle East (the latter two together representing over 40% of the overall). 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 locations in 2024 compared to 2000 while Qatar climbed up 24; both Saudi Arabia and Oman rose 17 ranks throughout the period. The caught or worse off nations are some parts of Latin America and Sub-Saharan Africa where structural transformation has actually stalled.

reveals 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 outshining in the trade sub-index (supported by current bilateral trade contracts & non-oil exports push). vs its pre-pandemic reading (partly offered the surge in medium & high-tech production data).

ANSR July GCC PRs 50DR+

Its diversification metrics have stagnated, showing the least enhancement in between the initial (2000-04) and final (2020-24) referral periods., despite the headwinds of OPEC+ production cuts. A robust non-hydrocarbon expansion was supported by the GCC's robust domestic need (supported by a strong task pipeline and application) and strong services sector efficiency.

Will Gulf Industrial Success Outpace Western Benchmarks?

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