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Macro - Country Economic Forecasts - United Arab Emirates

Publisher Oxford Economics
Published Jan 30, 2026
Length 9 Pages
SKU # OFE20872807

Description

Our 2026 GDP growth outlook for the UAE stands at 4.8%, with risks skewed to the upside. We expect weaker oil prices and production freezes will weigh on the UAE's oil GDP in H1, which we expect to grow by 3.6%. Additionally, input price pressures are being reported across the non-oil private sector along with a more cautious business stance, which in tandem with other factors limits our non-oil outlook to 5.2% this year.

Table of Contents

9 Pages
United Arab Emirates : Cautious optimism prevails, with upside risks
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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