Monday, October 06, 2025

Business News

GCC GDP reaches USD 588.1 billion in Q1 2025

The gross domestic product (GDP) at current prices in the Gulf Cooperation Council (GCC) countries reached USD 588.1 billion by the end of the first quarter of 2025, up from USD 570.9 billion in the same period of 2024 - a growth rate of 3 percent.

Oman News Agency

info@thearabianstories.com

Monday, October 6, 2025

Muscat – Statistics issued by the Statistical Center for the Cooperation Council for the Arab States of the Gulf (GCC-Stat) indicate that the non-oil activities accounted for 73.2 percent of the Gulf’s GDP at current prices in Q1 2025, while oil activities contributed 26.8 percent.

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