UAE’s GDP is forecasted to grow 4.4% in 2025 and 5.4% in 2026, mainly driven by non-oil sectors. Non-oil trade hit AED 2.8T in 2024, boosted by tourism, logistics, digital economy, and CEPA deals. Despite global risks, structural reforms and AI adoption may further accelerate growth.
The UAE’s real GDP is projected to grow by 4.4% in 2025 and accelerate to 5.4% in 2026, according to the Central Bank’s latest report. This momentum is driven primarily by the non-oil sector, expected to expand by 4.5% over the next two years, while the hydrocarbon sector will also see strong gains.
The country’s economic diversification is paying off, with non-oil trade reaching AED 2.8T in 2024—equivalent to 139% of GDP—up 13.6% from the previous year. Robust growth in tourism, logistics, and the digital economy, alongside Comprehensive Economic Partnership Agreements (CEPAs), is reinforcing the medium-term outlook.
Despite global uncertainties such as trade policy shifts and volatile oil prices, the report highlights that continued structural reforms and deeper AI integration could further accelerate economic performance in the coming years.