The World Bank projected that UAE’s real GDP will grow by 2.8% in 2023 because the non-oil sector is likely to grow by 4.8% as a result of strong domestic demand in real estate, tourism, transportation, manufacturing, and construction.
In 2023, the economies of the Gulf Cooperation Council (GCC) are likely to grow by 2.5% and 3.2% in 2024 as 2022 saw a remarkable GDP growth of 7.3%, due to strong oil production.
Gain unparalleled insights with 300+ market indicators:
Stay informed with real-time global data:
Access in-depth insights and the latest updates:
Enhance your knowledge with globally trusted data:
Access premium export tools by activating this affordable add-on—no changes to your main subscription required.
Access verified selling prices from import hubs like Egypt, China, and India.
See what local distributors charge once timber lands, giving sawmills clear insight into real end-market values.
Access the new Customs Data Dashboard with full shipment-level visibility.
Discover top importers and exporters, track market share shifts, and compare pricing by origin, specie, or HS code.
