14 Hrs
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وكالة الأنباء القطرية
GCC nations now shape global landscape
The Secretary-General of the Gulf Cooperation Council (GCC) affirmed that the GCC countries have surpassed their role as a primary energy supplier, becoming an active partner in shaping the global economic and political landscape. The member states produce approximately 16.6 million barrels of oil daily, representing about 22.2% of global production. They are also diversifying their economies to include the non-oil sector, which now accounts for over 78% of the GDP and achieved growth of 5.3% in 2025. Recent indicators highlight that GCC countries have transformed from mere energy providers into key players in the global economy, with a gross domestic product approaching $2.4 trillion and sovereign wealth fund assets amounting to around $5 trillion. This reflects the strength and influence of the Gulf states on the global stage.
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