The latest data has been released by the Statistical Center for the cooperation council for the Arab countries of the Gulf (“GCC -Stat”) detected that the nominal GDP (GCC -Stat “) has discovered the nominal domestic product (GDP) by the Statistical Center for Muscat, (Urduupoint / Pakistan Point News / WAM – July 27, 2025). At the end of the fourth quarter of 2023, $ 579 billion reflects a growth rate of 1.5%.
Data indicated that the contribution of non-oil activities in GCC’s nominal GDP compared to oil activities reached 77.9% by the fourth quarter of 2024.
The manufacturing sector is 12.5% for GDP, an account of 9.9% in Whistle and Retail Trading. The contribution of the Constitution reached 8.3%, which public administration and defense logged 7.5%, finance and insurance 7%, and real estate activities 5.7%. Meanwhile, other non-oil activities contributed 27%.