Data from the Gulf Statistical Center for the Cooperation Council indicates that the region's economies experienced significant growth during the third quarter of 2025. The GDP at current prices reached approximately 595.8 billion dollars, compared to 583 billion dollars during the same period last year, reflecting an annual growth of 2.2%.
The real GDP at constant prices also increased to 474.4 billion dollars, achieving a real growth rate of 5.2%. This strong performance highlights the ongoing shift towards non-oil sectors, as the Gulf economy recorded a quarterly growth of 1.6% compared to the second quarter of the same year.
Event Details
The data shows that the contribution of the non-oil sector to nominal GDP was 78%, while the oil sector accounted for only 22%. In terms of real output, the non-oil sector contributed 70.7%, indicating significant progress in reducing dependence on oil as a primary source of revenue.
The manufacturing industries led economic activities with a contribution of 12.4%, followed by wholesale and retail trade at 9.7%, the construction sector at 8.4%, public administration and defense at 7.5%, the financial and insurance sector at 7%, and real estate activities at 5.8%.
Background & Context
The Gulf Cooperation Council countries are among the most prominent economic regions in the world, endowed with rich natural resources, particularly oil and gas. However, the shift towards economic diversification has become an urgent necessity to address global challenges such as oil price volatility and climate change.
In recent years, Gulf countries have implemented strategies aimed at enhancing non-oil sectors, such as tourism, technology, and financial services, contributing to this remarkable growth. The current economic performance reflects the success of these policies in achieving economic sustainability.
Impact & Consequences
The growth in non-oil sectors is a positive indicator of the Gulf countries' ability to adapt to global economic changes. This diversification in the economy enhances regional stability and reduces risks associated with oil dependency.
Economic reports anticipate that this trend will continue in the future, contributing to attracting foreign investments and fostering innovation across various fields. Additionally, growth in real estate and services reflects increased domestic demand and enhances job opportunities in the region.
Regional Significance
The economic growth in the Gulf Cooperation Council countries serves as a model for other Arab nations, where other countries can benefit from successful experiences in economic diversification. Strengthening economic cooperation among Arab countries can contribute to achieving sustainable development and enhancing regional stability.
In conclusion, the economic performance of Gulf countries in the third quarter of 2025 reflects the success of the economic policies in place and underscores the importance of diversification in achieving growth and sustainability.