UAE's real GDP expected to surge to 4.1% by 2025- World Bank

Posted on June 17, 2024   |  

According to the World Bank, the UAE’s real GDP is projected to increase by 3.9% in 2024 and 4.1% in 2025.

The World Bank revised its April 2024 forecast for the UAE’s real GDP growth to 3.9%, up from the January prediction of 3.7%.

Economic growth in the Middle East and North Africa is anticipated to reach 2.8% in 2024 and 4.2% in 2025.

The Gulf Cooperation Council (GCC) countries are expected to see their economies grow by 2.8% in 2024 and 4.7% in 2025.

Oil-exporting nations are projected to grow by 2.9% in 2024 and 4.2% in 2025.

Oil-importing countries are forecasted to achieve growth rates of 2.9% in 2024 and 4% in 2025.