Macro - Country Economic Forecasts - United Arab Emirates
Description
We've kept our UAE GDP growth forecast at 4.9% for 2025, roughly in line with the IMF's revised expectation of 4.8%. We see the economy being driven by strong non-oil growth in key areas such as tourism, trade, and financial services, alongside a rebound in oil output as OPEC+ quotas ease further.
Table of Contents
9 Pages
- United Arab Emirates : Non-oil growth regains momentum
- Forecast overview
- Recent developments
- Short-term outlook
- Key drivers of our short-term forecast
- Economic risk
- Economic risk evaluation
- Risk warnings
- What to watch out for
- Exposure to key global risks
- Long-term prospects
- Alternative long-run scenarios
- Background
- Economic development
- Policy and politics
- Structure of the economy
- Structure of trade
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