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Rather than marking a cyclical rebound, 2026 is significantly deemed a consolidation year, in which diversification-led growth becomes more deeply ingrained in the area's financial model, decreasing dependence on hydrocarbons and increasing durability to external shocks. Forecasts from significant organizations broadly converge on a stronger GCC development profile in 2026 than in 2025, supported by resistant domestic demand, continued non-oil growth, and (to varying degrees) a firmer hydrocarbon contribution.

ANSR July GCC PRs 50DR+

3.2 percent development in 2025, speeding up to 4.5 percent in 2026. Sees momentum improving, with GCC output development forecasted to increase from 1.7 percent in 2024 to 3.3 percent on average in 2025, reflecting a shift towards more favorable overall conditions.

The IMF's World Economic Outlook (October 2025) projects global development alleviating to 3.1 percent in 2026, with sophisticated economies around 1.5 percent and emerging market and establishing economies just above 4 percent. On that contrast, a 4.44.5 percent GCC expansion would position the region materially ahead of the world average and slightly above (or broadly in line with) the emerging-market aggregate, strengthening the GCC's status as a reasonably high-growth pocketprovided that local risk conditions remain contained and reform momentum holds.

Data from the GCC Statistical Center reveal that non-oil sectors already account for more than 73 percent of overall GDP, a share that has continued to rise as governments expand financial investment in services, facilities, and innovation. According to Oxford Economics, non-energy activity throughout the GCC is predicted to grow by around 4.1 percent in 2026, supported by strong labor markets, improving credit conditions, and rising investment in innovation and AI-related facilities.

ANSR July GCC PRs 50DR+

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Public-sector financial investment and reform remain main to sustaining this trend. Policy steps intended at drawing in foreign direct financial investment, relieving foreign ownership rules, broadening capital markets, and supporting private-sector involvement continue to underpin non-oil growth and decrease the region's exposure to oil price volatility. While hydrocarbons no longer dominate the growth outlook, oil incomes are anticipated to play a supportive function in 2026.

Oxford Economics anticipates Brent crude prices to fall below USD 60 per barrel in early 2026, restricting the near-term contribution of oil extraction to GDP. Nevertheless, oil supply is anticipated to increase again in the 2nd half of the year, with a full relaxing of staying production caps likely by mid-2027.

ANSR July GCC PRs 50DR+

Macroeconomic conditions across the GCC remain broadly helpful of growth. Inflation is anticipated to stay low, with the IMF forecasting average inflation of 2 percent throughout the area in 2026. Steady prices are assisting preserve genuine home incomes and underpin consumer spending, which Oxford Economics anticipates to grow by approximately 3.5 percent over 20262027.