In 2024, Kuwait had the highest health expenditure as a percent of their gross domestic product (GDP) among the Gulf Cooperation Council (GCC) countries at *** percent. In comparison, Qatar had a *** percent share of current health expenditure to GDP ratio.

The growth of the real gross domestic product (GDP) in the United Arab Emirates was estimated at about 3.76 percent in 2024. From 1980 to 2024, the growth rose by approximately 5.54 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the growth will rise by around 0.14 percentage points, showing an overall upward trend with periodic ups and downs.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.

Kuwait and Saudi Arabia were expected to have the highest GDP (Gross Domestic Product) growth in the Gulf Cooperation Council in 2022 at an *** and *** percent increase, respectively. Outside the GCC, Iraq and Israel were expected to see the biggest increase in GDP at *** and *** percent, respectively. Apart from Jordan and Yemen, all other countries in the Middle East region were forecast to see a significant drop in GDP growth in 2023 over 2022. GDP contributors Travel and tourism were a key contributor to GDP in the region and it was forecast to see a significant increase in the coming years. Additionally, in three of the six GCC countries, oil and gas production amounted to at least ** percent of GDP contribution. The United Arab Emirates ranked fourth worldwide with a ** percent contribution to GDP coming from oil and gas production. Despite this, the distribution of GDP contribution in the UAE comes from many different sectors and industries, leading to one of the more diversified economies in the region. Diversification and self-sufficiency Countries in the region have been striving for more economic diversity to help future-proof their economies. For example, in 2016 Saudi Arabia launched Vision 2030, a program to introduce new and varied revenue streams in the country, create jobs, and attract foreign investment. Furthermore, food self-sufficiency in the GCC has become a priority, with countries pushing to produce more of their food needs locally.

According to projections for 2025, the total export volume of oil from all Gulf Cooperation Council (GCC) countries was **** million barrels per day. The leading oil exporting country of the region was Saudi Arabia, with a projected volume of over *** million barrels per day for 2025. GCC and oil Oil plays a central role across the Middle East, contributing significantly to the GDPs of GCC countries. Around half of Saudi Arabia’s GDP in 2023 was attributed to oil and gas production. Additionally, the kingdom is also the largest crude oil exporter worldwide, accounting for more than ** percent of the global export value in 2023. However, the GCC countries have actively pursued economic diversification to reduce their reliance on fossil fuels. GCC plans to go green Countries in the region have set ambitious goals and devised plans for more resilient and sustainable economies. For instance, Saudi Arabia aims to reach a 50 percent non-oil gross domestic product (GDP) by 2030, a share that was around 16 percent in 2023. Similarly, the UAE and Oman have set a 30 percent target for their renewable energy share by 2030. While reaching these targets will be challenging due to their multifaceted nature, GCC countries have begun capitalizing on new diversification opportunities like digitization and AI. The potential annual economic impact of generative AI in GCC was estimated to be between 21 and 35 billion U.S. dollars.

GCC Small Home Appliances Market size was valued at USD 3 Bn in 2024 and is projected to reach USD 5.23 Bn by 2032, growing at a CAGR of 7.2% from 2025 to 2032.

Key Market Drivers

Growing Incomes for Disposables: One of the main factors propelling the market for small home appliances in the GCC is the rising level of disposable income. The UAE's GDP per capita in 2024 was approximately $43,000, according to the World Bank, indicating that consumers had more purchasing power. In order to enhance their quality of life, customers in the area are more inclined to spend money on high-end, high-quality, and technologically sophisticated small home appliances as income levels rise.

Innovations in Technology and Intelligent Appliances: The need for connected small home appliances is being driven by the GCC's growing trend toward smart home technology. The UAE has seen a 25% rise in the use of smart home appliances, such as connected kitchen gadgets and smart vacuums, thanks to the Smart Dubai program.

GCC Home Textiles Market size was valued at USD 4.04 Billion in 2024 and is projected to reach USD 6.53 Billion by 2032, growing at a CAGR of 6.2% from 2025 to 2032.

Key Market Drivers:

Growth in disposable income: Consumers' increasing disposable income is a primary driver of the GCC Home Textiles Market. According to the World Bank, Saudi Arabia's GDP per capita climbed by 4.7% in 2022, while the UAE's GDP per capita has been among the greatest in the world, exceeding $43,000 in 2023. With rising incomes, customers are more prepared to spend on premium and luxury home textile products, boosting demand for quality and creative items in the region.

In 2024, the expenditure on healthcare for all Gulf Cooperation Council (GCC) countries together was estimated at ***** billion U.S. dollars. This amount included public and private expenditures in the healthcare sector. The healthcare expenditure of that year was about **** percent of the gross domestic product (GDP) of the region.

GCC Home Textiles 시장 규모는 2024 년에 404 억 달러로 평가되었으며 2032 년까지 653 억 달러에 달할 것으로 예상되며 2025 년에서 2032 년 사이에 6.2% 증가했습니다.

주요 시장 드라이버 :

가처분 소득 증가 : 소비자의 가처분 소득 증가는 GCC Home Textiles 시장의 주요 동인입니다. 세계 은행에 따르면, 사우디 아라비아의 1 인당 GDP는 2022 년 4.7% 상승한 반면, UAE의 1 인당 GDP는 세계에서 가장 큰 중 하나였으며 2023 년에는 43,000 달러를 초과했습니다. 소득이 높아짐에 따라 고객은 프리미엄 및 고급 홈 섬유 제품에 더 많은 비용을 지불 하고이 지역의 품질 및 창의적인 품목에 대한 수요를 높이기 위해 더 많은 준비를하고 있습니다.

This statistic shows gross domestic product (GDP) of the Arab world in 2023. In 2023, GDP of Algeria amounted to approximately 247.79 billion U.S. dollars.

Countries in the Gulf Cooperation Council vary significantly in size, population, and available budget. In 2023, three of the six GCC countries budgeted more than ** percent of state expenditure on education. The remaining three budgeted between * and **** percent each. GCC investment in education Investment in education has become a key priority for GCC countries in recent years. Countries like Qatar and the United Arab Emirates even have campuses of American universities like Northwestern, NYU, and Michigan State. In 2021, all countries in the council saw an increase in the share of student enrollment, with Saudi Arabia and Kuwait recording only a marginal increase and the UAE topping the list with the biggest jump. Despite rising student enrollment, the average student-to-teacher ratio in the region remains low. Budget expenditure in the GCC Budget allocation for education comprised a significant share of the expenditure in most GCC countries. Saudi Arabia, which has the overwhelming share of schools in the GCC, dedicated the most significant portion of its budget to the education sector. Four out of the six countries spent a noticeably smaller portion of their expenditure on healthcare during the same period.

The real per capita consumer spending on alcohol and tobacco in the United Arab Emirates was forecast to continuously increase between 2024 and 2029 by in total 11.3 U.S. dollars (+4.27 percent). According to this forecast, in 2029, the real per capita consumer spending will have increased for the fourth consecutive year to 275.71 U.S. dollars. Consumer spending, in this case alcohol- and tobacco-related spending per capita, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). The shown data adheres broadly to group 02. As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data has been converted from local currencies to US$ using the average constant exchange rate of the base year 2017. The timelines therefore do not incorporate currency effects. The data is shown in real terms which means that monetary data is valued at constant prices of a given base year (in this case: 2017). To attain constant prices the nominal forecast has been deflated with the projected consumer price index for the respective category.Find more key insights for the real per capita consumer spending on alcohol and tobacco in countries like Iran and Jordan.

The real total consumer spending on food and non-alcoholic beverages in the United Arab Emirates was forecast to continuously decrease between 2024 and 2029 by in total 9.8 billion U.S. dollars (-17.28 percent). According to this forecast, in 2029, the real food-related spending will have decreased for the fifth consecutive year to 46.9 billion U.S. dollars. Consumer spending, in this case food-related spending, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). The shown data adheres broadly to group 01. As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data has been converted from local currencies to US$ using the average constant exchange rate of the base year 2017. The timelines therefore do not incorporate currency effects. The data is shown in real terms which means that monetary data is valued at constant prices of a given base year (in this case: 2017). To attain constant prices the nominal forecast has been deflated with the projected consumer price index for the respective category.Find more key insights for the real total consumer spending on food and non-alcoholic beverages in countries like Iran and Lebanon.

The real total consumer spending on clothing and footwear in the United Arab Emirates was forecast to continuously increase between 2024 and 2029 by in total 1.3 billion U.S. dollars (+12.49 percent). After the ninth consecutive increasing year, the real fashion-related spending is estimated to reach 11.5 billion U.S. dollars and therefore a new peak in 2029. Consumer spending, in this case footwear-related spending, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). The shown data adheres broadly to group 03. As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data has been converted from local currencies to US$ using the average constant exchange rate of the base year 2017. The timelines therefore do not incorporate currency effects. The data is shown in real terms which means that monetary data is valued at constant prices of a given base year (in this case: 2017). To attain constant prices the nominal forecast has been deflated with the projected consumer price index for the respective category.Find more key insights for the real total consumer spending on clothing and footwear in countries like Israel and Iran.

Between 2012 and 2024, the cumulative public and private sector expenditures on healthcare in the United Arab Emirates consistently increased each year, except for 2015 and 2016, when they briefly fell from previous years. 2024 recorded the biggest increase in healthcare expenditure during the period, jumping by around *** billion U.S. dollars. This steady growth in healthcare expenditure is expected to continue in the coming years. Healthcare workforce and medical tourism The UAE is making strides in strengthening its healthcare infrastructure. In 2022, Abu Dhabi led the nation with approximately *** health workers per 10,000 residents, showcasing the emirate's commitment to robust healthcare staffing. Countries in the Gulf Cooperation Council have invested heavily in the healthcare industry to provide higher-quality treatment to residents and to promote more self-sufficiency. In 2023, approximately ***** medical tourists from the UAE traveled to South Korea for advanced medical treatments. However, the UAE has worked hard to attract foreign health professionals and even established local branches of famous facilities such as Moorfields Eye Hospital in Dubai. Developments in UAE’s digital health The proliferation of smartphones, smartwatches, and strong high-speed internet access has facilitated interest in various digital health products in the UAE. Furthermore, the COVID-19 pandemic increased the need for digital health solutions, giving rise to new platforms for both consumers and healthcare institutions. The usage frequency of digital health products in the UAE differs across the range of services such as phone consultations, online pharmacies, fitness apps, mental well-being products, and other services. This digital shift aligns with the projected increase in average revenue per user in the UAE's digital health market, which is expected to grow by over **** percent between 2024 and 2029.

In 2023, the annual military spending in the Middle East and North Africa (MENA) region was the highest for Saudi Arabia at about 75.8 billion U.S. dollars. MENA military trends Saudi Arabia was ranked fifth among the top global military spenders in 2019. It is the largest military spender in the Middle East and North Africa (MENA) region. Saudi’s military spending reached its all-time high during 2015 when it was the third-largest military spender globally. Saudi Arabia was expected to increase its military spending following tension with Iran after an Iranian missile attacked Saudi’s oil industry in 2019, and with its military operations in Yemen. The MENA region had the highest average military spending as a share of gross domestic product (GDP) compared to other regions. Military spending as a share of GDP in Saudi Arabia in 2019 reached eight percent. The high military burden reflects instability and conflict in the region. MENA budget deficit The military expenditure of the MENA region on average is above their fiscal capabilities as the budgets allocated to operations leave less than the required amounts for the demands of the public. The average public debt as a share of GDP of the MENA region was about 40 percent in 2018. The governments of the region have been favoring using tactics such as having a strong army to delay the involvement of the democratic wave in the governing process, over the option of changing their social approach to accommodate the needs of the public. However, the majority of the public has high confidence in the military and government institutions in the region. The military forces of countries of the MENA region are known to have a strong involvement in the economic matters of the countries such as high levels of military spending post the Arab Spring to dampen any further social mobilization or uprisings. In 2020, Yemen had the highest risk of development deficit and deprivation among conflict countries in the region, followed by Syria.

As of 2021, the estimated production volume of cement in Saudi Arabia was 55 thousand metric tons. The production in Saudi Arabia peaked in 2016 at 62 thousand metric tons but has since then declined.

Global market overview

The total production volume of cement worldwide was at the time over four billion tons. According to projections for 2030, the global cement production will rise to over 4.8 billion metric tons. Saudi Arabia was, until recently, a leading global cement producer but has been overtaken by Turkey and Japan in this regard since 2019. China, however, was still the world’s leading cement producer with over 2.2 billion metric tons. India soared to second place with 320 million metric tons of produced cement.

Cement market in Saudi Arabia Within the Gulf Cooperation Council states, Saudi Arabia was still the leading cement producer. In terms of installed capacity, Saudi Arabia’s Southern Province, Saudi Cement, Najran cement, and Yanbu Cement were the leading cement companies in the GCC region along with Qatar National CC. The market size of the cement industry of Saudi Arabia was worth around 5.3 billion U.S. dollars. It is not only an important export commodity but also crucial for the domestic construction industry, which is an important GDP generator of the country.