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.