Latest news with #GCC-Stat
Gulf Today
20 hours ago
- Business
- Gulf Today
GCC visitors spending in 2034 expected to reach $223.7 billion: GCC-Stat
The latest data released by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat) revealed that the expected spending by visitors to GCC countries is projected to reach US$223.7 billion in 2034, while the expected contribution of incoming visitor spending to total exports will reach 13.4 per cent. The Centre also indicated that GCC countries are achieving steady progress in many tourism-related indicators. The data demonstrate that total international visitor spending in GCC countries amounted to US$135.5 billion in 2023, with a 28.9 percent increase compared to the figures recorded in 2019. The GCC countries ranked first in the Middle East and North Africa region's 2024 Safety and Security Index. All GCC countries scored above the regional average of 5.86 points, taking into consideration that the index ranges from 1 to 7 points. They also ranked among the top 6 countries in terms of passport power in the Arab region. WAM
Al Etihad
20-04-2025
- General
- Al Etihad
GCC Statistical Centre: 6.6% increase in wildlife reserves across GCC countries
20 Apr 2025 11:16 MUSCAT (WAM) The latest statistics issued by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat) indicate a 6.6% increase in the area of terrestrial reserves across GCC countries in 2023, reaching 390.5 thousand square kilometres, compared to 366.5 thousand square kilometres in the previous the area of mountain reserves established in the Sultanate of Oman, the United Arab Emirates, and the Kingdom of Saudi Arabia increased from 9.5 thousand square kilometres in 1996 to 14.7 thousand square kilometres in 2022 to the statistics published in the March 2025 bulletin, the cumulative area of nature reserves in the GCC recorded a notable leap in 2020, reaching 352.6 thousand square kilometres compared to 111.4 thousand square kilometres in countries have long prioritised wildlife conservation. In 1985, the GCC Environmental and Wildlife Award was introduced, followed by the launch of the Green Gulf Initiative for Environment and Sustainable Development in GCC states joined the Convention on Biological Diversity in 2010, and in 2012, they acceded to the CITES agreement, which entered into force. In 2016, the GCC Environmental Web Portal was launched to support biodiversity monitoring across the region.
Zawya
15-04-2025
- Business
- Zawya
Travel and tourism sector contributes 11.4% to GCC's GDP
Muscat: The latest data released by the GCC Statistical Centre (GCC-Stat) indicate that the travel and tourism sector's contribution to the GCC's gross domestic product (GDP) by the end of 2024 reached approximately 11.4%, with a value of OMR95 billion (USD 247.1 billion). The data also demonstrates that the growth rate of the sector's contribution to the GCC's GDP increased by approximately 31.9% compared to the figures recorded in 2019. The Centre revealed that the sector's contribution to the global GDP in 2024 amounted to 2.2%. It also pointed out that the sector's contribution to the GCC's GDP is expected to reach 13.3% in 2034 insomuch as RO 142.8 billion (USD 371.2 billion). The average annual growth rate of the sector's contribution during the period from 2024 to 2034 is expected to exceed 4.2%. On the other hand, statistics indicate that the average annual growth rate in the number of tourists traveling between GCC countries during the period from 2019 to 2023 reached 41.5%, which accounted for 26.5% of the total international tourists arriving in GCC countries in 2023. © Muscat Media Group Provided by SyndiGate Media Inc. (
Arabian Business
14-04-2025
- Business
- Arabian Business
GCC travel reaches 11.4% of GDP, growth surpasses pre-pandemic levels
The travel and tourism sector in Gulf Cooperation Council (GCC) countries has contributed 11.4 per cent to the region's GDP by the end of 2024, reaching $247.1 billion, according to the latest data from the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat). The figures represent a 31.9 per cent growth compared to 2019 levels, showcasing the sector's significant recovery and expansion following the global pandemic. The data indicates that the sector's contribution to global GDP in 2024 stood at 2.2 per cent, highlighting the Gulf's strong position in the international tourism market. Looking ahead, GCC-Stat projects the sector's contribution to reach 13.3 per cent of the Gulf's GDP by 2034, valued at $371.2 billion. The average annual growth rate during the 2024-2034 period is expected to exceed 4.2 per cent. Intra-GCC tourism has emerged as a key driver of this growth. Statistics show that the average annual growth rate in the number of tourists travelling between Gulf countries from 2019 to 2023 reached 41.5 per cent. These intra-regional visitors accounted for 26.5 per cent of all international tourists arriving in GCC countries in 2023.
Times of Oman
14-04-2025
- Business
- Times of Oman
Travel and tourism sector contributes 11.4% to GCC's GDP
Muscat: The latest data released by the GCC Statistical Centre (GCC-Stat) indicate that the travel and tourism sector's contribution to the GCC's gross domestic product (GDP) by the end of 2024 reached approximately 11.4%, with a value of OMR95 billion (USD 247.1 billion). The data also demonstrates that the growth rate of the sector's contribution to the GCC's GDP increased by approximately 31.9% compared to the figures recorded in 2019. The Centre revealed that the sector's contribution to the global GDP in 2024 amounted to 2.2%. It also pointed out that the sector's contribution to the GCC's GDP is expected to reach 13.3% in 2034 insomuch as RO 142.8 billion (USD 371.2 billion). The average annual growth rate of the sector's contribution during the period from 2024 to 2034 is expected to exceed 4.2%. On the other hand, statistics indicate that the average annual growth rate in the number of tourists traveling between GCC countries during the period from 2019 to 2023 reached 41.5%, which accounted for 26.5% of the total international tourists arriving in GCC countries in 2023.
