For 2023, the region’s GDP growth will cool, but is still expected to outperform most of the world
GCC Countries are Not Created Equal: Disproportions in GDP Weights, Economic Growth and InflationShawkat Hammoudeh
FINAL CONSUMPTION EXPENDITURE, ANNUAL GROWTH (%), GCC, 2017 - 2022 Figure 6: POPULATION DISTRIBUTION BY MAJOR CITY, COUNT, GCC, 2023 Figure 7: DISTRIBUTION OF GROSS DOMESTIC PRODUCT (GDP) BY ECONOMIC ACTIVITY, SHARE %, GCC, 2023 Figure 8: WHOLESALE PRICE INFLATION RATE, %, GCC, 2017 ...
When you look at 2023, what do you think will drive GDP? Hayden Briscoe: Exports have long been the key growth area for China but have slowed on weakened demand from Europe and the US. In mid-December, the government talked about boosting domestic demand, and focusing on the private ...
9.1 Macroeconomic Indicators (GDP Breakdown by Sector, Contribution of Construction to Economy, etc.) 9.2 Key Production, Consumption, Exports, and Import Statistics of Construction Materials You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections Get Price Break-up Now GCC...
we use data from international organizations and industry associations. Next we use relevant key market indicators and data from country-specific associations such as GDP, price level index, household wealth, household size, number of renter and owner households, housing consumer spending per capita. ...
with a population of 32.2 million, and the largest economy in the Arab World with a GDP of $1.1 trillion. According to the International Monetary Fund (IMF), Saudi Arabia was the fastest growing G20 economy in 2022 with overall growth of 8.7 per cent, driven by strong oil sector ...
According to a study by the World Governments Summit in partnership with Strategy & Middle East released in February, GCC countries could accelerate the region's economic growth by adding more than $2.5 trillion to GDP over the next decade through productivity performance enhancement. Moreover, GCC...
Qatar's economy will grow 4 percent in 2023. The country boasts the lowest unemployment rate and GDP per capita income, resulting in increased disposable income and higher spending on major smart home appliances. Changing consumer buying patterns, including a preference for online channels, and pres...
With a GDP surpassing USD2 trillion in 2023 and continued growth driven by rising employment, particularly among women, the region is set to see increased consumer spending and a booming retail sector, especially in e-commerce. Read More Economies United Arab Emirates Load More Our award-...