How Have 1,096 Days Since October 7 Redrawn the Map of the Middle East Economy?

1,096 days have passed since October 7, 2023 — a period that has, according to an economic report, been sufficient to redraw the contours of the Middle East economy. The war that began in Gaza three years ago has not remained confined to the battlefield; its repercussions have extended, according to the report, to the tourism, trade, investment, energy, and transport sectors across the region.

The report notes that the economies of the region’s countries have paid varying prices as a result of the conflict, which has gradually widened to new arenas over the past three years.

Affected Sectors

Among the sectors affected, according to available reporting, is tourism — among the most sensitive sectors to security and political instability in the region — as well as trade and investment flows, which have likewise been disrupted by the prevailing uncertainty.

The energy and transport sectors have also been impacted, with economic burdens varying across the region’s countries depending on their proximity to the conflict zones and their dependence on the sectors most susceptible to these repercussions.

The precise scale of losses for each sector or each individual country has not been established from the available data, as the report addresses the overall picture of the war’s impact on the region’s economy over the period in question.