World Bank Forecasts 3.6% Growth in GCC in 2024

GCC Economic Update - Gulf Cooperation Council - World Bank

The Gulf Cooperation Council (GCC) region is estimated to grow by 1% in 2023 before picking up again to 3.6 and 3.7 % in 2024 and 2025, respectively, according ...

New GCC Economic Update Finds Improved Quality of Education is ...

Economic growth in the Gulf Cooperation Council (GCC) region is expected to rebound to 2.8% and 4.7% in 2024 and 2025, respectively, ...

World Bank Forecasts 3.6% Growth in GCC in 2024

The Gulf Cooperation Council (GCC) region is estimated to grow by 1% in 2023 before picking up again to 3.6 and 3.7 % in 2024 and 2025, ...

World Bank says GCC economic growth to rebound in 2024-2025

The World Bank has revised its economic outlook for the Gulf Cooperation Council (GCC) region, reflecting a brighter future but a slightly ...

World Bank projects GCC growth rate to score 3.6% in 2024 and 3.8 ...

In terms of overall GCC growth forecasts, the World Bank puts it at 3.6% in 2024, with projections to reach 3.8% in 2025. Strategic ...

World Bank Projects GCC Growth Rate To Score 3.6% In 2024 And

In terms of overall GCC growth forecasts, the World Bank puts it at 3.6% in 2024, with projections to reach 3.8% in 2025. Strategic ...

Global Economic Prospects -- January 2024

Growth in GCC countries is forecast to rise to 3.6 percent in 2024 and 3.8 percent in 2025. In Saudi. Arabia, growth is projected to rebound to ...

Publication: Gulf Economic Update, Fall 2023: Structural Reforms ...

Finally, GCC countries have also used their financial muscle to support economically weaker countries in the region. The stellar growth of 2022 ...

GCC economy set to grow 3.7% in 2025: World Bank - Arab News

RIYADH: The Gulf Cooperation Council economy is estimated to grow by 3.6 percent in 2024 and 3.7 percent in 2025, according to the World ...

GCC economic growth to rebound to 4.7% in 2025 – World Bank

The World Bank has revised the economic growth forecast for the Gulf Cooperation Council (GCC) region to 4.7% in 2025, up from the previous projection of 3.8% ...

GCC eyes economic upswing, business growth in 2024 - LinkedIn

What's in store for the region this year World Bank Forecasts: Predicts GCC growth rebound in 2024 with rates of 3.6% and 3.7% for 2024 and 2025 ...

Global Economic Prospects - June 2024

Source: World Bank. Note: e = estimate; f = forecast; GCC = Gulf Cooperation Council; MNA = Middle East and North. Africa.

GCC economy is projected to grow to 3.7% by 2025, says World Bank

The GCC is actively diversifying its economy from oil production, with the region's economy projected to grow by 3.6% in 2024 and 3.7% in 2025.

Global Economic Prospects Middle East and North Africa June 2024

In Saudi. Arabia, growth in 2024 is projected to be supported by non-oil ... World Bank forecasts are frequently updated based on new information and ...

UAE economy expected to grow by 3.8% in 2025: World Bank

The report also expected the growth rate in the MENA region to pick up to 3.5 percent in 2024 and 2025. Growth in oil importers also slowed ...

GCC countries projected to reach 3.6 percent and 3.8 percent

According to the paper, the World Bank has projected that the United Arab Emirates (UAE) will experience real GDP growth of 3.4 percent in 2023.

Modest Growth Forecast for Economies in the Middle East and North ...

The report forecasts the region's overall gross domestic product (GDP) growth to rise modestly to 2.2 percent in 2024 in real terms, up from 1.8 percent in ...

GCC Countries 2024 Economic Outlook and Growth Trends

UAE and Saudi Arabia lead regional growth. As per the World Bank's report, the GCC region is expected to experience overall growth of 3.6 ...

UAE economy projected to grow by 3.7% in 2024: World Bank

The report also forecasted the growth of Gulf Cooperation Council (GCC) countries.It stated that a rise to 3.6 per cent in 2024 and 3.8 per cent ...

World Bank cuts 2024 growth forecast for sub-Saharan Africa over ...

The report forecast next year's growth at 3.9%, above its previous prediction of 3.8%. Moderating inflation in many countries will allow ...