emirates7 - The Gulf Cooperation Council (GCC) countries saw a 3.3% rise in their Gross Domestic Product (GDP) at constant prices by the end of the fourth quarter of 2024, reaching USD 456.3 billion—up from USD 442.3 billion during the same period in 2023.
According to the latest figures from the Statistical Centre for the Cooperation Council for the Arab States of the Gulf (GCC STAT), non-oil sectors contributed 70.6% to the region’s real GDP in Q4 2024, while oil-related activities made up the remaining 29.4%.
On a quarterly basis, the GCC's real GDP grew by 1% in Q4 2024, rising from USD 452.2 billion in the third quarter.
According to the latest figures from the Statistical Centre for the Cooperation Council for the Arab States of the Gulf (GCC STAT), non-oil sectors contributed 70.6% to the region’s real GDP in Q4 2024, while oil-related activities made up the remaining 29.4%.
On a quarterly basis, the GCC's real GDP grew by 1% in Q4 2024, rising from USD 452.2 billion in the third quarter.