Non-Oil Sector Drives GCC Economic Growth in Q3 2025

GCC GDP Reaches USD 595.8 Billion in Third Quarter of 2025

Muscat:  Data issued by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat) showed that the economies of GCC member states achieved positive and balanced performance during the third quarter of 2025, supported by continued growth in the non-oil sector.

According to the data, the gross domestic product (GDP) of GCC countries at current prices reached approximately USD 595.8 billion during the third quarter of 2025, compared to USD 583 billion in the corresponding period of 2024, recording an annual growth rate of 2.2 percent.

GDP at constant prices stood at USD 474.4 billion, registering real growth of 5.2 percent, reflecting an increase in actual economic activity.

The Gulf economy also recorded quarterly growth of 1.6 percent at constant prices compared to the second quarter of 2025.

The data highlighted continued progress in economic diversification, with the non-oil sector contributing 78 percent of nominal GDP, compared to 22 percent for the oil sector.

In terms of real GDP, the non-oil sector accounted for 70.7 percent, while the oil sector contributed 29.3 percent.

The figures showed diversified contributions from economic sectors at current prices, including 12.4 percent from manufacturing industries, 9.7 percent from wholesale and retail trade, 8.4 percent from construction, 7.5 percent from public administration and defence, 7 percent from finance and insurance, and 5.8 percent from real estate activities, while oil and gas extraction contributed 22 percent.

Non-oil activities recorded notable growth rates, led by real estate activities at 10.2 percent, accommodation and food services at 8.2 percent, wholesale and retail trade at 8 percent, electricity, water and gas at 7.4 percent, and other services at 7.3 percent.

The data reflect the continued expansion of service and industrial sectors and the growing role of non-oil activities in supporting economic growth across GCC countries.