Real GDP up 5.2% as GCC shifts toward broader, service-led economic base Last updated: May 10, 2026 | 10:41 MUSCAT: Data issued by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf indicate that the GCC economies recorded positive and balanced performance during the third quarter of 2025, with the non-oil sector leading balanced growth alongside the continued structural shift toward diversifying sources of income. The data indicate that the nominal GDP of the GCC reached approximately $595.8 billion, compared to $583.0 billion in the corresponding quarter of 2024, achieving an annual growth rate of 2.2%. As for real GDP, it reached US$474.4 billion, recording real growth of 5.2%, a clear indication that economic growth was not driven solely by price increases, but by an actual expansion in economic activity. The GCC economy also recorded quarterly growth (compared to the second quarter of 2025) of 1.6 % in real terms, reflecting continued economic momentum.…