CEO Perspectives: Anticipated GDP Changes in the Coming Year

According to a survey conducted by PwC, nearly three-quarters of chief executive officers (CEOs) across the Middle East anticipate an upturn in economic growth throughout 2024, as the global economy transitions away from a period marked by inflationary pressures and elevated interest rates.

Among Middle Eastern CEOs, 73% anticipate an improvement in regional growth. This contrasts with a more reserved outlook from their global counterparts, where only 44% share similar optimism for their respective territories.

Furthermore, a considerable majority (66%) of CEOs in the region express confidence in achieving revenue growth throughout 2024. This stands in contrast to the global average, where just 47% of CEOs anticipate growth within their organizations during the same period.