Gulf Economic Update, August 2021 : COVID-19 Pandemic and the Road to Diversification
The COVID-19 pandemic and the decline in global oil demand and prices dealt the GCC countries a health crisis and a commodity market shock. The GCC’s aggregate GDP contracted by 4.8 percent in 2020 from 2019, with the growth outturns ranging from -3.7 in Qatar to an estimated -6.3 percent in Oman. T...
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World Bank, Washington, DC
2021
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| Online Access: | http://hdl.handle.net/10986/36041 |