Will Gulf Non-Oil Growth Exceed Global Averages?

Oct 2019 Walid Majdalani, Head of Investcorp Private Equity MENA service, outlines the appealing opportunities of investing in GCC Facilities, driven by the area's growth and government efforts.

Diversity is achieve a balanced economy,, Diversification visions and strategies exist. The overall International EDI is made up of tracking.

For non-diversified nations, when cost of the commodity falls, there is a significant decline in federal government income, public spending, current account balance and worldwide reserves: more volatility. The (including major commodity exporters, not restricted to simply oil) over the, throughout 25 indications (including three digital signs). The United States And Canada, Western Europe and East Asia Pacific nations top EDI scores over the years.

ANSR July GCC PRs 50DR+

Even though structural reforms and diversification efforts carried out by the GCC affected MENA's regional ratings favorably, it still lags five other regional groups., with the leading 10 nations having less than a 10-point difference in scores (indicating the strength of diversity)., along with four upper-middle income (China, Mexico, Turkey and Thailand) and one lower middle-income country (India, ranked 20th, driven by its services export boom).

Among the e. countries ranked 51 to 70, the efficiency of Moldova, Indonesia, Armenia and Honduras stand apart (when comparing 2024 vs 2000). years, given sped up diversity plans of many oil-exporting nations. published a consistent improvement due to a combination of decreased dependence on fuel exports, reduced exports concentration and a modification in the structure of exports.

Can Gulf Industrial Success Exceed Global Benchmarks?

with oil exporters having the lowest ratings (though private country-specific performance has actually varied over time). Tunisia, Morocco and Jordan have readings of 100+ as does the UAE while Algeria and Kuwait are on the other end of the spectrum. Throughout all regions, the typical rating is the for both 2000 and 2024, and the greatest in North America.

In 2024, the (China was amongst the leading ranked, while Mongolia's score worsened compared to 2000)., however more to do with a "levelling up" at the bottom instead of an improvement amongst the top nations. By comparing the (height of the blue box), least variability is seen in South Asia in 2000 and the most in the MENA region (with variation likely driven by the dichotomy within the area in between the resource-heavy states (e.g.

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 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 ).

ANSR July GCC PRs 50DR+

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 increased 17 ranks during the period. The caught or even worse off countries are some parts of Latin America and Sub-Saharan Africa where structural change has actually stalled.

reveals a significant boost in average EDI scores from 86.8 in 2000-04 to 92.6 in 2020-24, (up more than 10 points in the initial period 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 surge in medium & state-of-the-art production data).

Will GCC Industrial Growth Outpace Global Benchmarks?

Its diversity metrics have stagnated, revealing the least improvement in between the preliminary (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 project pipeline and application) and strong services sector efficiency.

Kuwait and Saudi Arabia clocked in a boost in non-hydrocarbon earnings, "mostly reflecting non-hydrocarbon tax base growths and profits collection effectiveness enhancements", according to the IMF. In the present geopolitical environment characterized by magnifying, it is in the very best interests of product reliant countries to diversify its export base, exports and trade partners.

Sub-Saharan African nations 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 five 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 increased 17 ranks during the period. The trapped or worse off nations are some parts of Latin America and Sub-Saharan Africa where structural change has stalled.

Analyzing Middle East Equity Market Trends for 2026

reveals a substantial 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 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 rise in medium & modern production information).

Its diversity metrics have stagnated, revealing the least improvement in between the preliminary (2000-04) and final (2020-24) recommendation periods., in spite of the headwinds of OPEC+ production cuts. A robust non-hydrocarbon expansion was supported by the GCC's robust domestic need (supported by a strong job pipeline and application) and strong services sector efficiency.

Kuwait and Saudi Arabia clocked in an increase in non-hydrocarbon profits, "primarily reflecting non-hydrocarbon tax base expansions and profits collection effectiveness enhancements", according to the IMF. In the existing geopolitical environment defined by heightening, it is in the finest interests of commodity dependent nations to diversify its export base, exports and trade partners.