Our Middle East & North Africa Chart Pack has been updated with our latest forecasts and calls to reflect key developments across the region.
We expect the Middle East and North Africa to record very fast GDP growth rates in 2026-27 compared to the standards of the past few decades. The Gulf states will be bolstered by rising oil output, although low oil prices mean that fiscal policy will become less supportive for non-oil sectors. Egypt and Morocco are likely to be bright spots in the rest of the region as improved competitiveness boosts export demand. The ceasefire between Israel and Hamas, so long as it holds, should also ease the negative spillovers on many neighbouring countries.
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