The Impact of FDI on GCC Economic Development

Sub-Saharan African nations account for around one-third of the overall, followed by Latin America and the Middle East (the latter 2 together representing over 40% of the overall). Consisting of, there has 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 up 24; both Saudi Arabia and Oman rose 17 ranks during the duration. The caught or even worse off countries are some parts of Latin America and Sub-Saharan Africa where structural change has stalled.

shows a substantial boost 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 surpassing in the trade sub-index (supported by recent bilateral trade arrangements & non-oil exports push). vs its pre-pandemic reading (partially provided the surge in medium & modern production data).

ANSR July GCC PRs 50DR+

Its diversification metrics have stagnated, revealing the least improvement in between the initial (2000-04) and last (2020-24) referral periods., despite the headwinds of OPEC+ production cuts. A robust non-hydrocarbon expansion was supported by the GCC's robust domestic demand (supported by a strong project pipeline and application) and strong services sector efficiency.

Building Sustainable Financial Portfolios with GCC Assets

Kuwait and Saudi Arabia clocked in an increase in non-hydrocarbon profits, "mostly reflecting non-hydrocarbon tax base expansions and income collection performance improvements", according to the IMF. In the existing geopolitical environment identified by magnifying, it is in the very best interests of commodity reliant nations to diversify its export base, exports and trade partners.