All Categories
Featured
Sub-Saharan African countries represent around one-third of the total, followed by Latin America and the Middle East (the latter 2 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 24; both Saudi Arabia and Oman rose 17 ranks throughout the duration. The trapped or worse off nations are some parts of Latin America and Sub-Saharan Africa where structural change has actually stalled.
Chasing Growth: The Top Five Emerging Sectors for 2026shows a considerable increase in average EDI scores 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 outperforming in the trade sub-index (supported by recent bilateral trade contracts & non-oil exports push). vs its pre-pandemic reading (partially provided the surge in medium & modern production information).
Its diversity metrics have actually stagnated, revealing the least improvement between the initial (2000-04) and final (2020-24) reference periods., regardless of the headwinds of OPEC+ production cuts. A robust non-hydrocarbon growth was supported by the GCC's robust domestic need (supported by a strong job pipeline and implementation) and strong services sector efficiency.
How Stability in the Gulf Is Underpinned by Massive ReservesKuwait and Saudi Arabia clocked in a boost in non-hydrocarbon income, "mostly reflecting non-hydrocarbon tax base growths and earnings collection performance improvements", according to the IMF. In the current geopolitical environment defined by magnifying, it is in the very best interests of commodity reliant nations to diversify its export base, exports and trade partners.
Latest Posts
Roadmap to Gulf Financial Market Trends in 2026
The Role of Capital on GCC Economic Development
Top Foreign Investment Prospects for the GCC Market

