The Gulf Cooperation Council (GCC) economy expanded by 3.1 per cent in the first quarter of 2025, reaching a real Gross Domestic Product (GDP) of $466.2bn, according to new data released by the Statistical Centre of the Cooperation Council for the Arab States of the Gulf (GCC-Stat).
This marks an increase from $451.9bn recorded in the same period of 2023, reflecting continued resilience and diversification across the region’s economies.
Non-oil sectors were the primary driver of growth, accounting for 73.2 per cent of the GCC’s real GDP by the end of Q1 2025.
GCC GDP
Oil-related activities contributed 26.8 per cent, underscoring the bloc’s steady progress toward economic diversification goals set under national and regional strategies such as Saudi Vision 2030 and UAE’s D33 Agenda.
On a quarterly basis, the GCC’s real GDP rose by 0.1 per cent compared to the fourth quarter of 2024, when output stood at $465.5bn.
The report from GCC-Stat highlights the region’s consistent growth momentum amid fluctuating global energy markets and a sustained push to strengthen non-oil industries including manufacturing, logistics, financial services, and tourism.
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