Projected Gulf Population Hits 61.2 Million by 2024: Implications for Investment and Business Growth in the GCC
Muscat, July 12 – The total population of the Gulf Cooperation Council (GCC) countries is projected to reach 61.2 million by the end of 2024, reflecting a 36% increase—an addition of more than 2.1 million people compared to 2023, according to the latest statistics from the Gulf Statistical Center.
In conjunction with World Population Day celebrated on July 11 each year, the Center highlighted a rapid recovery in the populations of GCC countries from the impacts of the COVID-19 pandemic. Since 2021, the population has increased by approximately 7.6 million، أو 14.2%, demonstrating a swift resumption of growth after a slowdown experienced by some countries during the pandemic.
The total number of males in the GCC countries is around 38.5 million, constituting 62.8% of the total population, while the number of females stands at about 22.7 million، يمثل 37.2%.
Additionally, the data points out that the GCC population accounts for 0.7% of the world’s total population. The gender ratio in the GCC is 169 males for every 100 females في 2024, in contrast to a global ratio of 101 males for every 100 females in the same year.
تحليل خاص من عمانت | تصفح سوق عُمان
The projected 36% increase in the population of the Gulf Cooperation Council by the end of 2024 presents significant opportunities for businesses in Oman, particularly in sectors such as healthcare, education, and housing. However, the gender ratio imbalance، مع 169 males for every 100 females, may pose challenges in workforce demographics, necessitating a strategic focus on gender inclusivity to attract talent. Smart investors should consider capitalizing on the rapid demographic growth to innovate and invest in sustainable infrastructure to support this expanding population.
المصدر: أخبار عُمان
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