Gulf industrial investment hits $426 billion across 22,000 factories

Key Points

1. GCC industrial investment reached about $426 billion across roughly 22,000 factories employing more than 1.7 million workers.
2. Manufacturing contributed around 13% of total GCC gross domestic product during 2025, according to official statistics.
3. The figures track how far Gulf states have moved toward non-oil activity and export diversification.

The latest:

Industrial investment across the six Gulf Cooperation Council states stands at roughly $426 billion, spread over some 22,000 factories with a workforce above 1.7 million, according to the GCC Statistical Centre’s latest available data through July 2026. The same data put manufacturing’s share of the bloc’s combined output at about 13% for 2025.

Details:

• The headline figure: The GCC Statistical Centre put total industrial investment in the bloc at approximately $426 billion, distributed across close to 22,000 operating factories. More than 1.7 million workers are employed in those facilities. The centre dated the numbers to the most recent statistics available as of July 2026.
• Share of output: Manufacturing industries accounted for roughly 13% of the GCC’s total gross domestic product during 2025. The centre framed that share as evidence of the sector’s role in supporting Gulf economies and in raising the weight of non-oil activity within them.
• Where the money sits: About 40% of Gulf industrial investment is concentrated in a cluster of basic industries that feed downstream and intermediate manufacturing. Plastics lead the group, followed by refined petroleum products, aluminium, gaseous fuels, and iron and steel.
• Export mix: Industrial products made up around 69% of total GCC exports. The leading categories were petroleum gases and hydrocarbons, petroleum oils, cars, organic compounds, aluminium, ships and boats, and electrical machinery and equipment.
• Top import partner: China ranked first among trading partners as the largest source of Gulf imports, with a 20% share. Imported goods were concentrated in equipment and machinery, cars, pharmaceutical products, iron and steel, and plastics, within what the centre described as a notably diverse supplier base.
• Uneven distribution: The centre said activity varies between member states in both investment volume and factory numbers, pointing to an industrial base that is widening rather than evenly spread. It did not publish a country-by-country breakdown of the investment or factory totals.
• Stated direction: The centre linked the indicators to efforts to expand productive capacity, develop value chains, deepen Gulf industrial integration, localise industries, and lift the competitiveness of Gulf products in global markets.
• Dating the data: All figures were presented as the most recent statistics available up to July 2026, with the GDP contribution measured over the 2025 calendar year. No timetable was given for the next statistical release.

Background:

The GCC Statistical Centre is the bloc’s joint statistics body, compiling comparable economic data across its member states. Its industrial series is used as a reference point for tracking diversification away from oil revenue.

Between the lines:

Two of the figures sit in tension. Industrial products account for 69% of exports, yet manufacturing contributes only about 13% of GDP — a gap explained by the investment concentration the centre itself reports, with 40% of spending in refined petroleum, gaseous fuels, aluminium and steel. Much of what is counted as industrial export remains hydrocarbon-derived, which narrows how far the data alone can demonstrate diversification.

What’s next

The next GCC Statistical Centre release would update the investment and factory totals, and show whether manufacturing’s 13% share of GDP moves in either direction. Country-level breakdowns, if published, would reveal how unevenly the investment is distributed.