The Gulf Cooperation Council (GCC) economies recorded solid growth in the first quarter of 2025, according to the latest data from the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat). The report highlights the region’s continued economic stability and progress toward sustainable development.
GCC-Stat reported that the combined nominal GDP of GCC countries reached about US$588.1 billion, marking a 5.7 percent increase compared to the first quarter of 2024. The real GDP stood at US$466.2 billion, showing an annual growth rate of 3.0 percent.
All GCC member states posted positive growth during the first quarter of 2025 compared with the same period last year. The oil sector remained the largest contributor to the economy, representing 22.9 percent of GDP. The manufacturing sector followed with 12.7 percent, while wholesale and retail trade accounted for 9.6 percent. Other sectors made up 26.7 percent of the total GDP.
The report underlined that this strong performance demonstrates ongoing economic diversification efforts across the GCC. The steady expansion of non-oil sectors continues to strengthen the foundations of sustainable growth and long-term stability in the Gulf region.
