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Sub-Saharan African countries account for around one-third of the total, followed by Latin America and the Middle East (the latter two together representing over 40% of the overall). Including, there has been an (from 90.3 in 2000-04 to 92.6 and 92.3 in the 5 years pre- and post-pandemic ).
and ranked greater than others; UAE is up more than 45 locations 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 countries are some parts of Latin America and Sub-Saharan Africa where structural transformation has actually stalled.
shows a substantial increase in average 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 current bilateral trade contracts & non-oil exports push). vs its pre-pandemic reading (partially provided the surge in medium & high-tech production information).
Its diversity metrics have stagnated, showing the least improvement in between the preliminary (2000-04) and last (2020-24) recommendation 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 task pipeline and application) and strong services sector efficiency.
2026 Business Climate of the GCCKuwait and Saudi Arabia clocked in a boost in non-hydrocarbon revenue, "mainly reflecting non-hydrocarbon tax base growths and income collection efficiency improvements", according to the IMF. In the current geopolitical environment characterized by intensifying, it remains in the best interests of product reliant countries to diversify its export base, exports and trade partners.
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