All Categories
Featured
Sub-Saharan African nations 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 5 years pre- and post-pandemic ).
and ranked higher than others; UAE is up more than 45 locations in 2024 compared to 2000 while Qatar climbed 24; both Saudi Arabia and Oman increased 17 ranks during the period. The caught or even worse off nations are some parts of Latin America and Sub-Saharan Africa where structural change has actually stalled.
Key Foreign Investment Avenues in the GCC Regionshows a significant 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 surpassing in the trade sub-index (supported by recent bilateral trade agreements & non-oil exports push). vs its pre-pandemic reading (partially given the rise in medium & state-of-the-art manufacturing information).
Its diversity metrics have actually stagnated, revealing the least improvement in between the preliminary (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 task pipeline and execution) and strong services sector efficiency.
Kuwait and Saudi Arabia clocked in a boost in non-hydrocarbon profits, "mainly showing non-hydrocarbon tax base expansions and earnings collection performance improvements", according to the IMF. In the present geopolitical environment characterized by intensifying, it is in the very best interests of commodity dependent nations to diversify its export base, exports and trade partners.
Latest Posts
Advantages of Scaling Manufacturing Projects in Middle East
How Industrial Diversification Will Shape GCC Markets
Why GCC Industrial Diversification Fuels 2026 Growth
