The Gulf Cooperation Council economy recorded steady growth in the third quarter of 2025, driven by rising non-oil activity alongside a stable energy sector, according to new data from Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf.
Nominal GDP across GCC countries reached approximately $595 billion in Q3 2025, marking a 2.2 percent increase compared to the same period in 2024. Real GDP growth was stronger, rising 5.2 percent year on year to $474 billion, indicating a genuine expansion in economic activity beyond price effects.
All GCC member states posted positive real GDP growth during the quarter, reinforcing a broader trend of economic stability across the region.
Oil and gas extraction remained the largest contributor to nominal GDP at 22 percent. However, non-oil sectors continued to gain ground. Manufacturing accounted for 12.4 percent, followed by wholesale and retail trade at 9.7 percent and construction at 8.4 percent. Public administration and defence contributed 7.5 percent, while financial and insurance activities made up 7.0 percent and real estate 5.8 percent. Other sectors collectively represented 27.3 percent.
The data highlights a steady shift in the GCC economic structure, with diversification efforts increasingly reflected in actual output. While hydrocarbons remain central, expanding contributions from industry, trade, and services point to a broader and more resilient growth base.
Overall, the figures signal a balanced economic trajectory, with the GCC maintaining growth momentum while gradually strengthening its non-oil sectors.
News Source: Emirates News Agency
