All Categories
Featured
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). 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 greater than others; UAE is up more than 45 places in 2024 compared to 2000 while Qatar climbed up 24; both Saudi Arabia and Oman rose 17 ranks during the period. The caught or worse off nations are some parts of Latin America and Sub-Saharan Africa where structural change has actually stalled.
Toward Net-Zero: Measuring the Impact of ESG on Gulf Growthshows a significant 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 period versus 2020-24). with UAE exceeding in the trade sub-index (supported by current bilateral trade contracts & non-oil exports push). vs its pre-pandemic reading (partly provided the surge in medium & modern production information).
Its diversity metrics have actually stagnated, showing the least enhancement between the preliminary (2000-04) and last (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 job pipeline and execution) and strong services sector performance.
Toward Net-Zero: Measuring the Impact of ESG on Gulf GrowthKuwait and Saudi Arabia clocked in an increase in non-hydrocarbon revenue, "mostly reflecting non-hydrocarbon tax base growths and profits collection effectiveness improvements", according to the IMF. In the present geopolitical environment defined by magnifying, it is in the very best interests of product dependent countries to diversify its export base, exports and trade partners.
Latest Posts
Advantages of Expanding Industrial Ventures in the GCC
Vital Financial Trends Across the GCC
Mastering Capital Diversification in a 2026 Economy

