The UAE’s real GDP is forecasted to sustain a growth rate of 4% in 2024, with an increase to 5.1% in 2025, according to the latest World Economic Outlook (WEO) from the International Monetary Fund (IMF).
Released during the 2024 IMF/World Bank Group Annual Meetings, the report also projects regional growth for the Middle East and Central Asia at 2.4% in 2024 and 3.9% in 2025.
Globally, growth is expected to remain stable at 3.2% for both years, while global inflation is forecasted to ease from 6.7% in 2023 to 5.8% in 2024 and 4.3% in 2025.
