World, Regional, & National Economic Outlook
Middle East & Central Asia (MECA) From 2024-2029
Explore dynamic heatmaps showcasing economic outlook
Overview:
This factsheet, based on IMF data, showcases Middle East & Central Asia projections spanning from 2024 to 2029.
MECA -2025, The Economic Rebound
- In 2025, MECA is projected to showcase:
- Significant acceleration to 3.944%
- Represents a 1.5 percentage point increase from 2024
-
Indicates strong economic rebound
MECA -2025
No Data Found
MECA 2026-2029 Trajectory:
- Highlights of the 2026-2029 Strategic Trajectory:
- 2026 growth peaked at 4.161%, marking the highest point in the forecast period.
- In 2027, the growth rate moderates to 3.918%.
- By 2028, the rate is projected to moderate further to 3.761%.
- By 2029, it stabilizes at 3.754%.
MECA 2026-2029
No Data Found
Comparison with other Emerging Regions:
- Compared to other emerging regions, the MECA growth rate for the 2024-2029 period highlights:
- Grows faster than Latin America's 2.6%–2.8% rates.
- Slower compared to Emerging Asia's 4.5% to 5.3% rates.
- Slower compared to Sub-Saharan Africa's 4.2% and 4.4% rates.
- Above Emerging Europe 2.4-2.5% rats.Above Emerging Europe 2.4-2.5% rates.
Emerging Regions
No Data Found
Comparison with Global Growth :
- Compared to the Global Average Growth Rate, the MECA growth rate for the 2024-2029 period highlights:
- Consistently outperforms the world average 3.1-3.3% rates.
- Maintains higher growth than advanced economies by 2 percentage points.
- Contributes positively to global growth momentum.
Global Growth
No Data Found
Growth Stability:
- MECA growth rate shows a stable growth pattern:
- Steady improvement from 3.57% in 2024 to 4.36% in 2029.
- Gradual moderation suggests a sustainable growth path.
- Less volatile than historical patterns.
Growth Stability
No Data Found
In Summary
The economic outlook for the Middle East and Central Asia from 2025 to 2029 indicates a promising trajectory, with growth rates projected to peak at 4.161% in 2026, before stabilizing around 3.75%. This performance surpasses the global average and outshines several emerging regions, highlighting the region’s resilience and ongoing economic diversification. The gradual moderation in growth rates suggests a sustainable path forward, positioning MECA as a significant contributor to global economic momentum. Overall, the region is poised for sustained development, reflecting structural changes and stability in its economic landscape.
FAQ
The World, Regional, and National Economic Outlook Visual Insights series simplifies economic forecasts for 2024-2029 with easy-to-understand infographics. Covering Global Economic Projections, EMDE regions, and MECA regions—including the Arabian Gulf, Levant, North Africa, and Central Asia—it presents key trends through visually engaging charts, making complex data accessible at a glance
All insights and projections are derived from reliable, up-to-date data from the International Monetary Fund (IMF). The IMF is a trusted global organization known for its comprehensive and accurate economic analysis, ensuring the World, Regional, and National Economic Outlook Visual Insights series offers credible and authoritative information.
World, Regional, and National Economic Outlook Visual Insights series focuses on global economic growth trajectories, providing a concise and visually appealing representation of key global economy trends. It covers projections for GDP growth rates, regional economic shifts, and emerging market trends, offering valuable insights into the economic landscape over the next several years.
Researchers, policymakers, economists, business leaders, educators, students, and anyone curious about global economic trends can benefit from Visual Insight. Whether you’re conducting in-depth research, making informed policy decisions, or simply staying updated, this tool provides the insights needed to understand the economic future and make well-informed choices.
World, Regional, and National Economic Outlook Visual Insights series is available online and can be accessed at https://csgef.org/visual-insights/. The platform is designed for ease of use, allowing users to quickly explore and analyze economic projections with just a few clicks.
Contact Us
Visual insights for the latest visualizations, reports, and tools to empower decision-making through cutting-edge research.