Wealth In The Gulf Countries.. To $3.5 Trillion in 2027

  • GCC Countries
  • 14 September 2023

In a report titled "Global Wealth 2023: Resetting the Course," the Boston Consulting Group (BCG) predicted that the financial wealth of the Gulf Cooperation Council (GCC) countries will witness a steady compound annual growth rate of 4.7 percent in new wealth, rising from $ 2.8 trillion to $ 3.5 trillion from 2022 to 2027, published on its website.

The GCC, which accounts for 38 percent of the region's financial wealth in 2022, is demonstrating its resilience and vision for the future. With a growth rate of 4.8 percent annually from 2017 to $2.8 trillion in 2022, the GCC reflects its commitment to strengthening its global wealth position.

Source (Al-Araby Al-Jadeed Newspaper, Edited)

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