Latest news with #StatisticalCentrefortheCooperationCouncilfortheArabCountriesoftheGulf
Hi Dubai
03-03-2025
- Business
- Hi Dubai
GCC Labour Force Reaches 31.8 Million, Female Workforce Sees Significant Growth
The total labour force across GCC countries has reached 31.8 million, representing 54.2% of the total population, according to recent data from the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat). Key Workforce Statistics Male workforce: 78.7% of total workers of total workers Female workforce: 17.6% , marking steady growth in gender inclusion , marking steady growth in gender inclusion Working GCC citizens: 5.6 million , or 23.4% of the total labour force Male citizens: 60% Female citizens: 40% (600,000 increase since 2011) , or of the total labour force Employment Distribution Government Sector: 83.5% of GCC nationals employed in public administration of GCC nationals employed in public administration Private Sector: 14.2% of Gulf citizens, with localisation initiatives promoting national workforce participation Policies Driving Workforce Development GCC countries are implementing strategic initiatives to address population imbalances, economic diversification, and youth employment, including: GCC Common Market & Comprehensive Development Strategy – aimed at boosting industrial sector participation and enhancing women's economic roles – aimed at boosting industrial sector participation and enhancing women's economic roles Green jobs & sustainable employment programs to align with future economic demands As the GCC economy evolves, the region's labour market is set to become more inclusive, balanced, and adaptable, fostering greater female participation, youth employment, and sustainable job opportunities. News Source: Emirates News Agency
Observer
02-03-2025
- Business
- Observer
GCC workforce reaches 31.8 million
MUSCAT: The total labour force in Gulf Cooperation Council (GCC) countries has reached 31.8 million workers, accounting for 54.2% of the region's total population, according to data from the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat). Men dominate the workforce, making up 78.7%, while women account for 17.6%. The number of employed GCC nationals stands at 5.6 million, representing 23.4% of the total workforce, with men comprising 60% and women 40%. Since 2011, the number of working women in the GCC has increased by 600,000. The public sector remains the largest employer of GCC nationals, with 83.5% of them working in government jobs, compared to just 14.2% in the private sector. Most citizens are employed in the services sector, particularly in public administration. To address workforce imbalances, GCC nations have introduced policies such as the GCC Common Market and the Comprehensive Development Strategy, aiming to increase the participation of national workers in industry and other key sectors. The region's population strategy also focuses on enhancing women's role in development and boosting youth employment. Additionally, economic diversification efforts are driving the creation of green and sustainable jobs to align with global labour market trends.
Trade Arabia
26-01-2025
- Business
- Trade Arabia
GCC ranks 6th globally in goods trade volume, says report
The GCC ranked sixth globally in the volume of trade in goods index, accounting for 3.4% of the total global trade in goods. The region's trade volume reached $1.5 trillion in 2023, reflecting a 4% decrease compared to 2022, according to a report by Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat). The Gulf Cooperation Council (GCC) Foreign Trade Report for 2023, issued by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat), highlighted the region's significant position in global trade. The GCC also ranked third globally in the merchandise trade balance index in 2023, with a value of $163.7 billion, compared to $381.3 billion recorded in 2022, down 57.1%, stated GCC-Stat in its Gulf Cooperation Council (GCC) Foreign Trade Report for 2023. In commodity exports, the GCC ranked fifth worldwide, contributing 3.1% of the global total with exports valued at $0.8 trillion in 2023, down 14.5% from 2022. Conversely, the region ranked ninth in total merchandise imports, accounting for 2.7% of global imports at a value of $0.7 trillion in 2023, reflecting a 13.4% increase from the previous year. The report further detailed that GCC trade in goods (excluding intra-trade) decreased by 4.0%, amounting to $1,482.4 billion in 2023, compared to $1,482.4 billion in 2023. Commodity exports fell from $962.6 billion in 2022 to $823.1 billion in 2023—a decline of $139.5 billion or 14.5%. However, commodity imports rose to $659.3 billion in 2023, up from $581.3 billion in 2022, an increase of $78.0 billion or 13.4%. Oil exports of the GCC countries decreased by 20.5% in 2023 to reach $525.5 billion, compared to $661.1 billion in 2022. As for the main trading partners, the GCC-Stat explained that China ranked first on the list of main trading partners in the commodity trade volume index in 2023. The value of the commodity trade volume amounted to $297.9 billion, surpassing its closest competitor, India, which ranked second with a value of $150.4 billion, with a difference of $147.6 billion. China is also the GCC Countries' most important trading partner. It ranked first in terms of the commodity exports index by importing 19.2% of the total Gulf commodity exports to global markets in 2023, at a value of $158.3 billion compared to $190.4 billion in 2022, with a decrease of 16.8%, stated the report. China also ranked first among the GCC countries' main trading partners in the 2023 Total Merchandise Imports Index. It exported 21.2% of the GCC's total merchandise imports in 2023, with a value of $139.6 billion compared to $126.0 billion in 2022, recording an increase of 10.8% over the previous year, it added.
