The Gulf Cooperation Council (GCC) region is set to experience a positive economic outlook in the coming years. With real GDP expected to increase to 3.2% in 2025 and further to 4.5% in 2026, driven by a combination of factors including the relaxation of OPEC+ supply cuts and the strong performance of non-oil sectors. Strategic fiscal spending and ongoing reforms play a crucial role in enhancing employment opportunities, ensuring sustainability, and fostering economic diversification. Despite these promising projections, challenges such as global trade conflicts and oil price volatility remain as critical concerns for the region’s economic stability. Governments are advised to strike the right balance between countercyclical investment measures and reform initiatives to optimize the outcomes on employment, sustainability, and diversification.
