emirates7 - In 2024, the overall composite index for financial markets across the Gulf Cooperation Council (GCC) countries posted a modest increase of 0.7%, indicating the collective performance of the region’s markets.
According to the latest data from the GCC Statistical Centre (GCC-Stat), the total market capitalisation of GCC financial markets reached around $4.2 trillion by the end of the year.
Despite this sizable value, it marked a 4.4% decrease compared to the end of 2023. Additionally, GCC markets represented approximately 3.5% of the total global market capitalisation in 2024.
According to the latest data from the GCC Statistical Centre (GCC-Stat), the total market capitalisation of GCC financial markets reached around $4.2 trillion by the end of the year.
Despite this sizable value, it marked a 4.4% decrease compared to the end of 2023. Additionally, GCC markets represented approximately 3.5% of the total global market capitalisation in 2024.