Country

Economic growth

Export Diversification Index

Arithmetic mean

Standard deviation

Largest value

Lowest value

Arithmetic mean

Standard deviation

Largest value

Lowest value

U.A.E

4.603

3.814

10.853

−5.243

4.067

0.426

4.981

3.554

Bahrain

4.685

1.721

8.292

1.984

3.178

0.165

3.540

2.977

Saudi Arabia

3.449

3.982

11.242

−3.763

5.197

0.259

5.497

4.504

Kuwait

3.892

5.453

17.320

−7.076

5.320

0.333

5.814

4.731

Oman

3.561

3.135

9.332

−2.669

5.050

0.393

5.763

4.378

Qatar

10.992

7.510

26.170

3.551

4.765

0.138

5.043

4.494

GCC countries combined

4.945

4.985

26.170

−7.076

4.596

0.814

5.814

2.977

Variance Analysis Test

Fisher test

F-Test

6.589

16.169

Fisher Test Probability

p-value

0.000

0.000