Why the Middle East Becoming Primary Industrial Hub?

Sub-Saharan African nations account for 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). Including, 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 locations in 2024 compared to 2000 while Qatar climbed 24; both Saudi Arabia and Oman increased 17 ranks throughout the duration. The caught or worse off countries are some parts of Latin America and Sub-Saharan Africa where structural change has stalled.

reveals a considerable increase 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 rise in medium & modern manufacturing data).

ANSR July GCC PRs 50DR+

Its diversity metrics have stagnated, showing the least enhancement between the initial (2000-04) and last (2020-24) reference periods., in spite of the headwinds of OPEC+ production cuts. A robust non-hydrocarbon expansion was supported by the GCC's robust domestic need (supported by a strong task pipeline and execution) and strong services sector efficiency.

Future GCC Investment Shifts for 2026 Global Markets

Kuwait and Saudi Arabia clocked in a boost in non-hydrocarbon income, "mainly reflecting non-hydrocarbon tax base expansions and earnings collection effectiveness improvements", according to the IMF. In the present geopolitical environment defined by intensifying, it is in the finest interests of product reliant countries to diversify its export base, exports and trade partners.