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Macro - Country Economic Forecasts - United Arab Emirates

Publisher Oxford Economics
Published Dec 22, 2025
Length 9 Pages
SKU # OFE20686072

Description

Official data for UAE GDP growth in Q2 came in weaker than expected, especially for oil GDP. Moreover, our review of the outlook for the global oil market has led to revisions to oil production forecasts for the UAE. As a result, we have cut our estimate for GDP growth in 2025 to 4.5% from 5.3% previously, and nudged down our forecast for 2026 to 4.5% from 5.2%.

Table of Contents

9 Pages
United Arab Emirates : Strong momentum into 2026 despite weaker oil outlook
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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