Will Gulf Non-Oil Growth Outpace Western Benchmarks?

Oct 2019 Walid Majdalani, Head of Investcorp Private Equity MENA company, outlines the attractive chances of buying GCC Infrastructure, driven by the region's growth and federal government initiatives.

Diversification is achieve a balanced economy,, Diversification visions and strategies exist. The general Global EDI is composed of tracking.

For non-diversified nations, when price of the commodity falls, there is a significant decline in government profits, public spending, bank account balance and international reserves: more volatility. The (including major product exporters, not limited to just oil) over the, throughout 25 indications (consisting of 3 digital signs). The United States And Canada, Western Europe and East Asia Pacific nations leading EDI ratings for many years.

ANSR July GCC PRs 50DR+

Even though structural reforms and diversification efforts carried out by the GCC impacted MENA's regional ratings positively, it still lags five other local groups., with the leading 10 nations having less than a 10-point difference in ratings (implying the strength of diversity)., alongside 4 upper-middle income (China, Mexico, Turkey and Thailand) and one lower middle-income country (India, ranked 20th, driven by its services export boom).

Amongst the e. countries ranked 51 to 70, the performance of Moldova, Indonesia, Armenia and Honduras stand out (when comparing 2024 vs 2000). years, provided accelerated diversity plans of numerous oil-exporting countries. published a constant enhancement due to a mix of lowered dependence on fuel exports, minimized exports concentration and a modification in the structure of exports.

Upcoming GCC Investment Shifts for 2026 World Markets

with oil exporters having the least expensive scores (though specific country-specific efficiency 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. Across all regions, the typical rating is the for both 2000 and 2024, and the greatest in North America.

In 2024, the (China was among the leading ranked, while Mongolia's score intensified compared to 2000)., but more to do with a "levelling up" at the bottom rather than an enhancement among the top countries. By comparing the (height of the blue box), least irregularity is seen in South Asia in 2000 and the most in the MENA region (with variance likely driven by the dichotomy within the region in between the resource-heavy states (e.g.

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 total). Consisting of, 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 ).

ANSR July GCC PRs 50DR+

and ranked greater than others; UAE is up more than 45 places in 2024 compared to 2000 while Qatar climbed up 24; both Saudi Arabia and Oman increased 17 ranks throughout the period. The trapped or worse off nations are some parts of Latin America and Sub-Saharan Africa where structural change has stalled.

reveals a significant boost in typical EDI scores from 86.8 in 2000-04 to 92.6 in 2020-24, (up more than 10 points in the initial duration versus 2020-24). with UAE outshining in the trade sub-index (supported by current bilateral trade contracts & non-oil exports push). vs its pre-pandemic reading (partially given the rise in medium & modern production information).

Upcoming GCC Investment Shifts for 2026 Global Markets

Its diversification metrics have actually stagnated, showing the least enhancement between the initial (2000-04) and final (2020-24) recommendation periods., regardless of 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 performance.

Kuwait and Saudi Arabia clocked in a boost in non-hydrocarbon revenue, "primarily showing non-hydrocarbon tax base growths and earnings collection performance enhancements", according to the IMF. In the existing geopolitical environment defined by heightening, it is in the very best interests of product reliant countries to diversify its export base, exports and trade partners.

Sub-Saharan African nations represent around one-third of the total, followed by Latin America and the Middle East (the latter two together accounting for over 40% of the total). Consisting of, 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 greater than others; UAE is up more than 45 locations in 2024 compared to 2000 while Qatar climbed up 24; both Saudi Arabia and Oman increased 17 ranks during the duration. The caught or worse off nations are some parts of Latin America and Sub-Saharan Africa where structural improvement has actually stalled.

Advantages of Scaling Manufacturing Projects in GCC

shows a significant 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 recent bilateral trade arrangements & non-oil exports push). vs its pre-pandemic reading (partially given the surge in medium & state-of-the-art production data).

Its diversity metrics have stagnated, showing the least enhancement in between the initial (2000-04) and last (2020-24) reference 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 job pipeline and implementation) and strong services sector performance.

Kuwait and Saudi Arabia clocked in a boost in non-hydrocarbon income, "primarily reflecting non-hydrocarbon tax base growths and earnings collection efficiency enhancements", according to the IMF. In the present geopolitical environment defined by intensifying, it remains in the best interests of commodity reliant countries to diversify its export base, exports and trade partners.