UAE’s GDP projected to surge to 4.1% in 2025: World Bank

The World Bank’s latest Global Economic Prospects report forecasts a steady rise in the UAE’s real GDP. In 2024, the GDP is expected to grow by 3.9%, with a further increase to 4.1% anticipated for 2025.

This projection reflects an upward revision from the World Bank’s previous forecast in January 2024, where they estimated a growth of 3.7% for the same year. The report also indicates a positive outlook for the wider Middle East and North Africa region, with growth predicted to reach 2.8% in 2024 and a higher 4.2% in 2025.

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Within the Gulf Cooperation Council (GCC) countries, economic growth is anticipated to strengthen, with a projected growth rate of 2.8% in 2024 and a notable increase to 4.7% in 2025.

For oil-exporting nations, the forecast suggests growth rates of 2.9% in 2024 and a further uptick to 4.2% in 2025. Similarly, oil-importing countries are expected to see growth rates of 2.9% in 2024, rising to 4% in 2025.

These projections of World Bank for UAE GDP underscore the resilience and potential of the UAE’s economy, as well as the broader economic landscape of the Middle East and North Africa region. The anticipated growth rates signify positive momentum and suggest favorable conditions for economic expansion and development in the coming years.