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GCC
Total GDP at Constant Prices Exceeds $456 Billion
Muscat,
3 Aug (ONA) —- The gross domestic product (GDP) at constant prices for the Gulf
Cooperation Council (GCC) countries rose by 3.3% by the end of the fourth
quarter of 2024, reaching $456.3 billion, compared to $442.3 billion during the
same period in 2023.
The
latest statistics released by the GCC Statistical Centre showed that non-oil
activities contributed 70.6% to the GCC’s GDP at constant prices by the end of
the fourth quarter of 2024, while oil activities accounted for 29.4%.
The
GCC GDP at constant prices recorded a 1% growth in the fourth quarter of 2024,
having registered $452.2 billion in the third quarter.
—
Ends/AH
