According to the World Bank’s Persian Gulf Countries Report – Fall 2025, the economies of the Gulf Cooperation Council (GCC) countries continued to grow in 2025, driven by structural reforms and the expanded adoption of digital technologies. 

The report forecasts varying growth rates across the Persian Gulf countries: growth in the UAE is expected to be around 4.8%, in Saudi Arabia 3.8%, in Bahrain 3.5%, in Oman 3.1%, and in Qatar 2.8%, while Kuwait is expected to see growth of 2.7%. At the same time, the report notes the upcoming expansion of gas production at Qatar’s North Field, from the current 77 million tons per year to 126 million tons in 2026, and then to 142 million tons per year by 2030, which will enable Qatar to compete with LNG suppliers from the United States and Australia.