Arab Bank Digital Transformation and Growth Strategy
9.0
00
6.0
00
3.0
0.0
-3.0
In MENA oil-exporting countries, growth in non-oil activities is strong over the medium-term, supported by
spending and transformational programs, while the oil-importing countries are expected to have slower growth
Global Economy - Growth Rate (%)
■ World
-6.0
2019
2020
2021
2022
2023
2024
البنك العربي
ARAB BANK
GDP growth by country (%)
2019
2020 2021 2022
2023 2024
Oil importing countries
China
Jordan
1.8
(1.1) 3.7
2.4
2.6
2.6
Palestine
1.4 (11.3)
7.0
3.9
(3.7) (6.8)
EMs
Egypt (FY)
5.5
3.6
3.3
6.6
4.2
3.6
GCC
Tunisia
1.6
(8.6) 4.6
2.6
0.9
1.9
MENA
US
Euro Area
Oil exporting countries
Algeria
1.0
(5.1) 3.4
3.2
3.8
3.1
باله اكبر
Iraq
5.4 (12.1)
1.6
7.0
(2.7)
2.9
KSA
0.8 (4.3)
4.3
8.7
0.8
4.0
UAE
1.1 (5.0)
4.4
7.9
3.5
4.0
Oman
(1.1) (3.4)
3.1
4.3
1.3
2.7
Bahrain
2.2 (4.6)
2.6
4.9
2.7
3.6
Qatar
0.7 (3.6)
1.5
4.9
2.4
2.2
Source: IMF, World Economic Outlook, World Bank, National statistical offices of countries, and ABER
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