Money and business

Gulf Statistical Center: $466.2 billion Gulf gross product at constant prices at the end of the first quarter

Muscat, 1st November / WAM / The gross domestic product at constant prices of the Gulf Cooperation Council countries at the end of the first quarter of 2025 amounted to 466.2 billion US dollars, an increase from 451.9 billion US dollars at the end of the first quarter of 2023, with a growth rate of 3.1%, according to the latest statistics issued by the Statistical Center for the GCC States.
Statistics revealed that the percentage of contribution of non-oil activities to the Gulf GDP at constant prices by the end of the first quarter of 2025 amounted to 73.2%, compared to 26.8% for oil activities, indicating that compared to the fourth quarter of 2024, the GDP at constant prices of the GCC countries in the first quarter of 2025 recorded a growth of 0.1% after recording in the fourth quarter a value of 465.5 billion US dollars.

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