Comparing GCC Investment Climates vs Emerging Markets

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 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 up 24; both Saudi Arabia and Oman increased 17 ranks throughout the period. The caught or worse off nations are some parts of Latin America and Sub-Saharan Africa where structural improvement has stalled.

reveals a substantial 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 duration 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 offered the surge in medium & state-of-the-art production information).

ANSR July GCC PRs 50DR+

Its diversification metrics have actually stagnated, showing the least improvement between the initial (2000-04) and last (2020-24) reference 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 implementation) and strong services sector performance.

Can GCC Non-Oil Success Outpace Global Averages?

Kuwait and Saudi Arabia clocked in an increase in non-hydrocarbon income, "mainly reflecting non-hydrocarbon tax base growths 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 reliant countries to diversify its export base, exports and trade partners.