GCC Financial Markets’ Total Value Falls 4.4% in 2024 to $4.2 Trillion
The total value of financial markets in the GCC dropped by 4.4% compared to the previous year, reaching \$4.2 trillion by the end of 2024, according to the GCC Statistical Centre.
GCC Financial Markets
By the end of 2024, the financial markets in the GCC made up about 3.5% of the total value of markets around the world. The overall index that shows how GCC financial markets are doing grew a little, by 0.7%, in 2024.
In May, PwC Middle East said that the GCC saw a big increase in money raised from new stock sales (IPOs) in the first three months of 2025. These stock sales raised $1.6 billion, which is 33% more than last year. Most of this money (69%) came from Saudi Arabia.
Financial Risks
In December, GCC-Stat said that financial risks in GCC countries are expected to be low for now. This is because interest rates are expected to stay the same or go down both locally and worldwide.
They also said that the public debt of GCC countries should stay steady at about 28% of their total economy (GDP) between 2024 and 2025.
The agency added that plans to change financial budgets will help balance keeping the economy growing and controlling government spending. These plans focus on using money more efficiently and encouraging growth in industries outside of oil.
Economic Growth
In December, the center said that the GCC’s economy will grow steadily in 2024, with the GDP expected to increase by 3.7%. This growth is helped by more oil production and better performance in non-oil sectors.
The economy is expected to grow faster in 2025, at 4.5%, then slow a bit to 3.5% in 2026. The recovery is supported by strong work in transport, tourism, and building projects, helped by government spending in Gulf countries.
The center also said inflation in the GCC will stay stable, at 2.4% in 2024, 2.6% in 2025, and 2.1% in 2026. This is helped by global money policies and less pressure on prices.
Published: 4th June 2025
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