PwC Middle East forecasts GCC growth of 3.9% in 2025 and 4.4% in 2026, driven by non-oil sectors and expanding global trade, even as lower oil prices test fiscal resilience
GCC GDP
Latest in GCC GDP
gcc economy
GCC economy grows 3.1 per cent to $466bn in Q1 2025 as non-oil sectors surge
GCC real GDP rose 3.1 per cent to $466.2bn in Q1 2025, driven by strong non-oil growth, which accounted for 73.2 per cent of the total
gcc economy
GCC GDP hits $587.8bn in Q4 2024 with 1.5% growth rate
The data showed that non-oil activities contributed 77.9 per cent to the GCC’s nominal GDP by the end of the fourth quarter of 2024
GCC GDP
GCC travel reaches 11.4% of GDP, growth surpasses pre-pandemic levels
These intra-regional visitors accounted for 26.5 percent of all international tourists arriving in GCC countries in 2023