Our Middle East & North Africa Economics Chart Pack has been updated with the latest data and our analysis of recent developments.
The Middle East and North Africa is set to record its fastest GDP growth – outside of the post-pandemic recovery – in well over a decade over the course of 2026-27. Egypt and Morocco are emerging as two bright spots in North Africa as improved competitiveness boosts export demand. The Gulf states will be bolstered by rising oil output as OPEC+ pushes ahead with recapturing market share. The UAE, Qatar, and Kuwait have the strongest balance sheets and can afford to maintain a supportive fiscal stance even as oil prices fall back. But Saudi Arabia’s turn to fiscal consolidation will result in much slower non-oil growth.
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