Macro - Country Economic Forecasts - United Arab Emirates
Growth in the non-oil oil economy eased at the beginning of the year, with non-oil GDP expanding by 4% in Q1. Although data for Abu Dhabi suggests growth picked up slightly in Q2, the PMI for the non-oil sector fell to near three-year lows in September, suggesting a continuing slower growth rate. We expect non-oil growth of 4.5% this year with overall GDP rising to 3.7%.
- United Arab Emirates : Non-oil growth to remain robust despite some easing
- 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
- Background
- Economic development
- Policy and politics
- Structure of the economy
- Structure of trade
Research Assistance
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