This marks a rise from $451.9bn recorded in the identical interval of 2023, reflecting continued resilience and diversification throughout the area’s economies.
Non-oil sectors have been the first driver of progress, accounting for 73.2 per cent of the GCC’s actual GDP by the top of Q1 2025.
GCC GDP
Oil-related actions contributed 26.8 per cent, underscoring the bloc’s regular progress towards financial diversification targets set underneath nationwide and regional methods corresponding to Saudi Imaginative and prescient 2030 and UAE’s D33 Agenda.
On a quarterly foundation, the GCC’s actual GDP rose by 0.1 per cent in comparison with the fourth quarter of 2024, when output stood at $465.5bn.
The report from GCC-Stat highlights the area’s constant progress momentum amid fluctuating world vitality markets and a sustained push to strengthen non-oil industries together with manufacturing, logistics, monetary providers, and tourism.
