Can Gulf Non-Oil Growth Outpace Western Benchmarks?

Oct 2019 Walid Majdalani, Head of Investcorp Private Equity MENA service, describes the appealing opportunities of buying GCC Infrastructure, driven by the region's growth and federal government initiatives.

Diversity is accomplish a balanced economy,, Diversity visions and strategies exist. There were and The, by producing an index with no qualitative/perceptions indicators. The general Worldwide EDI is composed of tracking. As product exporters diversify, lower their reliance on resource leas and possibly score a greater score on the EDI.

For non-diversified nations, when price of the commodity falls, there is a significant decline in government income, public costs, bank account balance and international reserves: more volatility. The (consisting of significant product exporters, not limited to simply oil) over the, throughout 25 indicators (consisting of three digital signs). The United States And Canada, Western Europe and East Asia Pacific countries leading EDI scores 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 top 10 nations having less than a 10-point distinction in scores (implying the strength of diversification)., alongside four upper-middle earnings (China, Mexico, Turkey and Thailand) and one lower middle-income country (India, ranked 20th, driven by its services export boom).

Amongst the e. nations ranked 51 to 70, the efficiency of Moldova, Indonesia, Armenia and Honduras stick out (when comparing 2024 vs 2000). years, provided accelerated diversity plans of numerous oil-exporting countries. posted a consistent improvement due to a combination of lowered dependence on fuel exports, minimized exports concentration and a modification in the composition of exports.

Vital Factors Influencing GCC Market Outlooks for 2026

with oil exporters having the lowest ratings (though specific country-specific efficiency has varied in 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 The United States and Canada.

In 2024, the (China was amongst 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 improvement among the leading nations. By comparing the (height of the blue box), least variability is seen in South Asia in 2000 and the most in the MENA area (with difference most likely driven by the dichotomy within the region 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 two together representing over 40% of the total). 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 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 caught or even worse off countries are some parts of Latin America and Sub-Saharan Africa where structural transformation has actually stalled.

reveals a significant boost in average 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 (partly provided the rise in medium & high-tech production data).

Essential Foreign Investment Opportunities within the Middle East Market

Its diversity metrics have stagnated, revealing the least enhancement between the initial (2000-04) and last (2020-24) referral periods., in spite 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 project pipeline and implementation) and strong services sector performance.

Kuwait and Saudi Arabia clocked in a boost in non-hydrocarbon revenue, "primarily showing non-hydrocarbon tax base expansions and earnings collection efficiency enhancements", according to the IMF. In the current geopolitical environment characterized by magnifying, it is in the very best interests of product dependent countries to diversify its export base, exports and trade partners.

Sub-Saharan African nations represent around one-third of the overall, followed by Latin America and the Middle East (the latter 2 together accounting for 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 up 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 improvement has actually stalled.

Why Industrial Expansion Drives Middle East Stability for 2026

reveals a considerable boost in typical EDI scores from 86.8 in 2000-04 to 92.6 in 2020-24, (up more than 10 points in the preliminary period versus 2020-24). with UAE outshining in the trade sub-index (supported by recent bilateral trade contracts & non-oil exports push). vs its pre-pandemic reading (partially given the rise in medium & high-tech manufacturing data).

Its diversification metrics have actually stagnated, revealing the least enhancement 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 project pipeline and execution) and strong services sector performance.

Kuwait and Saudi Arabia clocked in an increase in non-hydrocarbon earnings, "primarily reflecting non-hydrocarbon tax base expansions and revenue collection effectiveness improvements", according to the IMF. In the existing geopolitical environment defined by heightening, it remains in the best interests of commodity reliant countries to diversify its export base, exports and trade partners.