Why Economic Diversification Boosts Middle East Stability for 2026

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

shows a considerable increase in average 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 outperforming in the trade sub-index (supported by current bilateral trade agreements & non-oil exports push). vs its pre-pandemic reading (partly offered the surge in medium & high-tech production information).

ANSR July GCC PRs 50DR+

Its diversification metrics have stagnated, showing the least enhancement between the initial (2000-04) and final (2020-24) recommendation periods., in spite 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 implementation) and strong services sector performance.

Optimizing Capital Pipelines for Next-Gen Gulf Outlook

Kuwait and Saudi Arabia clocked in a boost in non-hydrocarbon income, "mainly reflecting non-hydrocarbon tax base expansions and profits collection efficiency enhancements", according to the IMF. In the existing geopolitical environment characterized by heightening, it remains in the very best interests of commodity dependent nations to diversify its export base, exports and trade partners.