GCC GDP 2024: Real and nominal figures differ, but both show...

Dununu.com Dununu

Sponsor

GCC GDP 2024: Real and nominal figures differ, but both show non-oil sectors make up over 70%

RSS Feed International

Posted

57

In 2024, the GCC's economy grew steadily, with real GDP rising 3.3% in Q4 and 2.4% over the year, driven by non-oil sectors like manufacturing and trade. Nominal GDP rose 1.5%, reflecting lower oil prices. Non-oil activities now dominate both real and nominal GDP, signaling a clear shift away from oil dependence through structural reforms and investment.

Read Full Article

Vă rugăm să vă autentificați pentru a vă dori, partaja și comenta!

Uttarakhand cloudburst: Pant 'deeply saddened' as devastation hits Uttarkashi

Following cloudbursts and continuous rainfall in Uttarakhand, cricketer Rishabh Pant expressed...

By 0 11

IPL Rumours: Sanju Samson to stay! RR captain not going anywhere

Sanju Samson will remain with Rajasthan Royals. He will not be traded before the 2026 Indian...

By 0 11

NSDL IPO listing today: Company makes strong debut; shares list 15% higher than issue price of Rs 800

NSDL shares debuted strongly on Wednesday, listing at a 15% premium over the issue price of Rs...

By 0 12

'Don't burn him out': Ex-India pacer sounds alarm, says Siraj is in Bumrah's league

Following Mohammed Siraj's impressive performance in England, RP Singh cautioned against...

By 0 24

Mohali blast: 2 killed, three injured in explosion at oxygen cylinder plant; what we know

By 0 25