According to a survey conducted in Gulf Cooperation Council (GCC) countries in 2024, the potential annual economic value derived from generative AI in Saudi Arabia was estimated at **** billion U.S. dollars on its upper bound. On its highest potential, the total economic value generated from GenAI in all GCC nations was estimated at **** billion U.S. dollars.
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McKinsey & Company. (November 5, 2024). Potential annual economic impact of generative AI in Gulf Cooperation Council (GCC) in 2024, by country (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 07, 2026, from https://www.statista.com/statistics/1549627/gcc-economic-impact-of-genai-by-country/
McKinsey & Company. "Potential annual economic impact of generative AI in Gulf Cooperation Council (GCC) in 2024, by country (in billion U.S. dollars)." Chart. November 5, 2024. Statista. Accessed May 07, 2026. https://www.statista.com/statistics/1549627/gcc-economic-impact-of-genai-by-country/
McKinsey & Company. (2024). Potential annual economic impact of generative AI in Gulf Cooperation Council (GCC) in 2024, by country (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 07, 2026. https://www.statista.com/statistics/1549627/gcc-economic-impact-of-genai-by-country/
McKinsey & Company. "Potential Annual Economic Impact of Generative Ai in Gulf Cooperation Council (Gcc) in 2024, by Country (in Billion U.S. Dollars)." Statista, Statista Inc., 5 Nov 2024, https://www.statista.com/statistics/1549627/gcc-economic-impact-of-genai-by-country/
McKinsey & Company, Potential annual economic impact of generative AI in Gulf Cooperation Council (GCC) in 2024, by country (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1549627/gcc-economic-impact-of-genai-by-country/ (last visited May 07, 2026)
Potential annual economic impact of generative AI in Gulf Cooperation Council (GCC) in 2024, by country (in billion U.S. dollars) [Graph], McKinsey & Company, November 5, 2024. [Online]. Available: https://www.statista.com/statistics/1549627/gcc-economic-impact-of-genai-by-country/
