UAE Economy Set for Strong Growth, IMF Forecast Shows

2026-03-12

The UAE economy is expected to continue expanding faster than many global economies, according to the latest projections from the International Monetary Fund (IMF).

In its most recent outlook, the IMF forecasts UAE economic growth of around 4.8% in 2025 and about 5% in 2026. This pace is well above the expected global growth rate of roughly 3%, highlighting the country’s resilience and diversification.

For residents, businesses, and investors, these projections confirm that the UAE economy remains one of the fastest-growing in the region.

The IMF attributes strong UAE economic growth to a combination of economic diversification, investment inflows, and expanding non-oil sectors.

Over the past decade, the UAE economy has reduced its dependence on oil, with non-oil industries now accounting for roughly 80% of GDP.

Source: Dubai chronicle

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