United Arab Emirates Forecast: Real GDP Growth

1980 - 2028 | Yearly | % | International Monetary Fund

Key information about United Arab Emirates Forecast: Real GDP Growth

  • United Arab Emirates Real GDP Growth is forecasted to be 3.519 % in Dec 2023 as reported by International Monetary Fund.
  • It records an increase from the last reported number of 7.411 % in Dec 2022.
  • Looking ahead, United Arab Emirates Real GDP Growth is projected to stand at 4.344 % in Dec 2028.
  • The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Gross Domestic Product: Constant Prices: YoY.

View United Arab Emirates's Forecast: Real GDP Growth from 1980 to 2028 in the chart:

United Arab Emirates Forecast: Real GDP Growth

What is United Arab Emirates's Forecast: Real GDP Growth in 2028?

United Arab Emirates Real GDP Growth is forecasted to be 3.519 % in Dec 2023 as reported by International Monetary Fund. See the table below for more data.

Last Previous Min Max Unit Frequency Range
4.344 2028 4.269 2027 -19.269 1986 23.562 1990 % yearly 1980 - 2028

Forecast: Real GDP Growth by Country Comparison

country/region Last Frequency Range
Afghanistan (%) 2.711 2023 yearly 2003 - 2023
Albania (%) 3.400 2028 yearly 1980 - 2028
Algeria (%) 1.782 2028 yearly 1980 - 2028
Andorra (%) 1.500 2028 yearly 2001 - 2028
Angola (%) 4.230 2028 yearly 1980 - 2028
Antigua and Barbuda (%) 2.685 2027 yearly 1980 - 2027
Argentina (%) 2.000 2027 yearly 1980 - 2027
Armenia (%) 4.500 2028 yearly 1993 - 2028
Aruba (%) 1.100 2028 yearly 1987 - 2028
Australia (%) 2.279 2027 yearly 1980 - 2027
Austria (%) 1.527 2028 yearly 1980 - 2028
Azerbaijan (%) 2.572 2028 yearly 1993 - 2028
Bahamas (%) 1.496 2027 yearly 1980 - 2027
Bahrain (%) 2.733 2028 yearly 1980 - 2028
Bangladesh (%) 9.531 2021 yearly 1980 - 2021
Barbados (%) 1.840 2027 yearly 1980 - 2027
Belarus (%) 0.741 2028 yearly 1993 - 2028
Belgium (%) 1.289 2028 yearly 1980 - 2028
Belize (%) 2.012 2027 yearly 1980 - 2027
Benin (%) 5.934 2028 yearly 1980 - 2028
Bhutan (%) 5.114 2029 yearly 1980 - 2029
Bolivia (%) 3.400 2027 yearly 1980 - 2027
Bosnia and Herzegovina (%) 3.000 2028 yearly 1997 - 2028
Botswana (%) 3.957 2028 yearly 1980 - 2028
Brazil (%) 2.015 2028 yearly 1980 - 2028
Brunei (%) 2.112 2027 yearly 1986 - 2027
Bulgaria (%) 2.840 2028 yearly 1980 - 2028
Burkina Faso (%) 5.258 2027 yearly 1980 - 2027
Burundi (%) 4.565 2027 yearly 1980 - 2027
Cambodia (%) 6.500 2027 yearly 1988 - 2027
Cameroon (%) 4.898 2027 yearly 1980 - 2027
Canada (%) 1.643 2029 yearly 1980 - 2029
Cape Verde (%) 4.498 2027 yearly 1980 - 2027
Central African Republic (%) 3.347 2028 yearly 1980 - 2028
Chad (%) 3.508 2027 yearly 1980 - 2027
Chile (%) 2.459 2027 yearly 1980 - 2027
China (%) 3.437 2028 yearly 1980 - 2028
Colombia (%) 3.345 2028 yearly 1980 - 2028
Comoros (%) 4.342 2027 yearly 1980 - 2027
Congo (%) 3.980 2028 yearly 1980 - 2028
Costa Rica (%) 3.243 2027 yearly 1980 - 2027
Croatia (%) 2.800 2028 yearly 1993 - 2028
Cyprus (%) 2.983 2029 yearly 1980 - 2029
Czech Republic (%) 2.501 2027 yearly 1996 - 2027
Democratic Republic of Congo (%) 6.482 2028 yearly 1980 - 2028
Denmark (%) 1.800 2027 yearly 1980 - 2027
Djibouti (%) 5.000 2028 yearly 1992 - 2028
Dominica (%) 2.685 2028 yearly 1980 - 2028
Dominican Republic (%) 4.985 2028 yearly 1980 - 2028
Ecuador (%) 2.751 2028 yearly 1980 - 2028
Egypt (%) 5.984 2028 yearly 1980 - 2028
El Salvador (%) 1.965 2027 yearly 1980 - 2027
Equatorial Guinea (%) -0.981 2027 yearly 1980 - 2027
Eritrea (%) 2.925 2028 yearly 1993 - 2028
Estonia (%) 3.300 2027 yearly 1994 - 2027
Swaziland (%) 2.278 2027 yearly 1980 - 2027
Ethiopia (%) 6.953 2028 yearly 1980 - 2028
Fiji (%) 3.459 2028 yearly 1980 - 2028
Finland (%) 1.519 2029 yearly 1980 - 2029
France (%) 1.450 2028 yearly 1980 - 2028
Gabon (%) 3.809 2027 yearly 1981 - 2027
Gambia (%) 5.000 2027 yearly 1980 - 2027
Georgia (%) 5.198 2028 yearly 1995 - 2028
Germany (%) 1.134 2028 yearly 1980 - 2028
Ghana (%) 6.774 2027 yearly 1980 - 2027
Greece (%) 1.355 2027 yearly 1980 - 2027
Grenada (%) 2.849 2027 yearly 1980 - 2027
Guatemala (%) 3.900 2028 yearly 1980 - 2028
Guinea (%) 5.187 2027 yearly 1980 - 2027
Guinea-Bissau (%) 5.000 2027 yearly 1981 - 2027
Guyana (%) 3.320 2027 yearly 1980 - 2027
Haiti (%) 1.500 2027 yearly 1980 - 2027
Honduras (%) 3.940 2027 yearly 1980 - 2027
Hong Kong SAR, China (%) 2.849 2027 yearly 1980 - 2027
Hungary (%) 3.150 2027 yearly 1980 - 2027
Iceland (%) 2.432 2029 yearly 1980 - 2029
India (%) 6.042 2029 yearly 1981 - 2029
Indonesia (%) 5.117 2027 yearly 1980 - 2027
Iran (%) 2.047 2029 yearly 1981 - 2029
Iraq (%) 2.625 2027 yearly 1999 - 2027
Ireland (%) 3.010 2027 yearly 1980 - 2027
Israel (%) 3.499 2027 yearly 1980 - 2027
Italy (%) 0.882 2028 yearly 1980 - 2028
Ivory Coast (%) 6.000 2028 yearly 1980 - 2028
Jamaica (%) 1.600 2027 yearly 1980 - 2027
Japan (%) 0.409 2028 yearly 1980 - 2028
Jordan (%) 3.300 2027 yearly 1980 - 2027
Kazakhstan (%) 2.778 2028 yearly 1993 - 2028
Kenya (%) 5.516 2027 yearly 1980 - 2027
Kiribati (%) 1.971 2027 yearly 1980 - 2027
South Korea (%) 2.340 2027 yearly 1980 - 2027
Kosovo (%) 3.800 2029 yearly 2001 - 2029
Kuwait (%) 2.655 2027 yearly 1980 - 2027
Kyrgyzstan (%) 3.977 2028 yearly 1993 - 2028
Laos (%) 4.496 2028 yearly 1980 - 2028
Latvia (%) 3.377 2027 yearly 1993 - 2027
Lebanon (%) -22.000 2020 yearly 1980 - 2020
Lesotho (%) 2.084 2030 yearly 1981 - 2030
Liberia (%) 5.680 2027 yearly 2001 - 2027
Libya (%) 3.588 2027 yearly 1980 - 2027

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United Arab Emirates Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -0.2 2020 yearly 1991 - 2020
Consolidated Fiscal Balance (USD mn) -827.229 2020 yearly 1991 - 2020
Tax Revenue (USD mn) 3,271.801 2020 yearly 1992 - 2020
Tax Revenue: % of GDP (%) 17.7 Mar 2024 quarterly Mar 2012 - Mar 2024
Forecast: Government Expenditure (AED bn) 612.294 2029 yearly 1991 - 2029
Forecast: Government Net Debt (AED bn) 770.595 2029 yearly 1999 - 2029
Forecast: Government Revenue (AED bn) 718.730 2029 yearly 1990 - 2029
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.695 2028 yearly 1980 - 2028
Trade Balance (USD mn) -23,791.1 Dec 2023 monthly Jan 2009 - Dec 2023
Total Exports (USD mn) 31,877.4 Jul 2024 monthly Jan 1981 - Jun 2024
Total Exports Growth (%) 26.2 Jul 2024 monthly Jan 1982 - Jun 2024
Aluminum: Exports (USD th) 12,724,616.644 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 1,305,611.213 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 387,263.571 2023 yearly 1995 - 2023
Total Imports (USD mn) 35,752.6 Dec 2023 monthly Jan 2009 - Dec 2023
Total Imports Growth (%) 17.9 Dec 2023 monthly Jan 2010 - Dec 2023
Imports: Medicament (USD th) 4,603,410.546 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 1,612,769.142 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 589.240 Jul 2024 monthly Jan 1981 - Jun 2024
Total Imports from USA (USD mn) 2,460.360 Jul 2024 monthly Jan 1981 - Jun 2024
Total Exports to China (USD mn) 9,294.128 2023 yearly 2000 - 2023
Total Imports from China (USD mn) 77,419.160 2023 yearly 1970 - 2023
Exports: Non Oil: Volume (kg mn) 7,779.36 Dec 2017 monthly Jan 2009 - Dec 2017
Re-Exports: General System: Value (AED mn) 51,251.141 Dec 2023 monthly Jan 2017 - Dec 2023
Re-Exports: General System: Volume (Ton) 1,953,671.028 Dec 2023 monthly Jan 2017 - Dec 2023
Exports: Non Oil: General System: Value (AED mn) 43,928.637 Dec 2023 monthly Jan 2017 - Dec 2023
Exports: Non Oil: General System: Volume (Ton) 9,744,350.286 Dec 2023 monthly Jan 2017 - Dec 2023
Imports: General System: Value (AED mn) 131,301.270 Dec 2023 monthly Jan 2017 - Dec 2023
Imports: General System: Volume (Ton) 10,463,066.231 Dec 2023 monthly Jan 2017 - Dec 2023
Exports: ytd: HS: Non-Oil: GS: Value: Foodstuff, Beverages, Spirits and Tobacco (AED mn) 32,146.274 Dec 2023 quarterly Mar 2017 - Dec 2023
Exports: ytd: HS: Non-Oil: GS: Value: Plastic, Rubber and Articles (AED mn) 20,435.452 Dec 2023 quarterly Mar 2017 - Dec 2023
Exports: ytd: HS: Non-Oil: GS: Value: Mineral Products (AED mn) 29,475.233 Dec 2023 quarterly Mar 2017 - Dec 2023
Exports: ytd: HS: Non-Oil: GS: Value: Base Metals and Articles of Base Metal (AED mn) 68,474.088 Dec 2023 quarterly Mar 2017 - Dec 2023
Exports: ytd: HS: Non-Oil: GS: Value: Pearls, Stones, Precious Metals and its Ar... (AED mn) 201,077.718 Dec 2023 quarterly Mar 2017 - Dec 2023
Exports: Non Oil: GS: ytd: Gulf Cooperation Council Countries: ow Saudi Arabia (AED mn) 39,417.347 Dec 2023 quarterly Mar 2017 - Dec 2023
Exports: Non Oil: GS: ytd: Non-Arab Asian Countries: ow Iran (Islamic Republic O... (AED mn) 1,878.339 Dec 2023 quarterly Mar 2017 - Dec 2023
Exports: Non Oil: GS: ytd: Non-Arab Asian Countries: ow India (AED mn) 43,299.339 Dec 2023 quarterly Mar 2017 - Dec 2023
Exports: Non Oil: GS: ytd: Non-Arab Asian Countries: ow Singapore (AED mn) 6,952.494 Dec 2023 quarterly Mar 2017 - Dec 2023
Exports: Non Oil: GS: ytd: European Countries: ow Switzerland (AED mn) 35,304.040 Dec 2023 quarterly Mar 2017 - Dec 2023
Imports: ytd: HS: GS: Value: Pearls, Stones, Precious Metals and its Articles (AED mn) 421,900.235 Dec 2023 quarterly Mar 2017 - Dec 2023
Imports: ytd: HS: GS: Value: Base Metals and Articles of Base Metal (AED mn) 73,315.382 Dec 2023 quarterly Mar 2017 - Dec 2023
Imports: ytd: HS: GS: Value: Vegetable Products (AED mn) 30,364.924 Dec 2023 quarterly Mar 2017 - Dec 2023
Imports: ytd: HS: GS: Value: Mineral Products (AED mn) 86,312.196 Dec 2023 quarterly Mar 2017 - Dec 2023
Imports: ytd: HS: GS: Value: Chemical Products or Allied Industries (AED mn) 78,834.472 Dec 2023 quarterly Mar 2017 - Dec 2023
Imports: GS: ytd: Non-Arab Asian Countries: ow China (AED mn) 284,321.867 Dec 2023 quarterly Mar 2017 - Dec 2023
Imports: GS: ytd: Non-Arab Asian Countries: ow India (AED mn) 111,824.702 Dec 2023 quarterly Mar 2017 - Dec 2023
Imports: GS: ytd: Non-Arab Asian Countries: ow Japan (AED mn) 55,719.161 Dec 2023 quarterly Mar 2017 - Dec 2023
Imports: GS: ytd: European Countries: ow Germany (AED mn) 41,494.356 Dec 2023 quarterly Mar 2017 - Dec 2023
Imports: GS: ytd: American Countries: ow United States Of America (AED mn) 98,517.043 Dec 2023 quarterly Mar 2017 - Dec 2023
Import Value Index (2015=100) 131.931 2021 yearly 1980 - 2021
Export Volume Index (2015=100) 101.834 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 111.444 2021 yearly 2000 - 2021
Export Value Index (2015=100) 141.495 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 22,545.9 2021 yearly 1980 - 2021
Current Account Balance (USD mn) 47,978.2 2021 yearly 1996 - 2021
Current Account Balance: % of GDP (%) 11.6 2021 yearly 1996 - 2021
Foreign Direct Investment (USD mn) 20,667.1 2021 yearly 1970 - 2021
Foreign Direct Investment: % of GDP (%) 5.0 2021 yearly 1972 - 2021
Foreign Portfolio Investment (USD mn) 1,225.323 2021 yearly 2002 - 2021
Forecast: Current Account Balance (USD bn) 45.467 2029 yearly 1980 - 2029
BoP: Current Account: Investment Income: Net (AED bn) -2.700 2021 yearly 2001 - 2021
BoP: Current Account: Transfers: Net (AED bn) -205.800 2021 yearly 1996 - 2021
BoP: Current Account: Imports: CIF (AED bn) -996.800 2021 yearly 1996 - 2021
BoP: CF: Financial Account (AED bn) -96.800 2021 yearly 2002 - 2021
BoP: Current Account: Trade Balance: FOB (AED bn) 290.300 2021 yearly 1996 - 2021
BoP: CF: Financial Account: Enterprises: Private Sector: Portfolio Investment (AED bn) 4.500 2021 yearly 2002 - 2021
BoP: Net Errors and Omissions (AED bn) 5.300 2021 yearly 1996 - 2021
BoP: CF: Financial Account: Enterprises: Private Sector: Direct Investment (AED bn) -6.900 2021 yearly 2002 - 2021
BoP: CF: Financial Account: Enterprises: Private Sector: Direct Investment: Outw... (AED bn) -82.800 2021 yearly 2002 - 2021
BoP: Current Account: Imports: FOB (AED bn) -897.100 2021 yearly 2001 - 2021
BoP: Change in Reserves (AED bn) -85.000 2021 yearly 1996 - 2021
BoP: Current Account: Exports and Re-Exports (AED bn) 1,187.400 2021 yearly 1996 - 2021
BoP: CF: Financial Account: Enterprises: Private Sector: Direct Investment: Inwa... (AED bn) 75.900 2021 yearly 2002 - 2021
BoP: Capital and Financial Account (CF) (AED bn) -96.800 2021 yearly 1996 - 2021
BoP: Current Account: Services: Net (AED bn) 94.500 2021 yearly 1996 - 2021
BoP: Current Account (AED bn) 176.200 2021 yearly 1996 - 2021
BoP: Current Account: Trade Balance: CIF (AED bn) 176.200 2019 yearly 2001 - 2019
BoP: Current Account: Services: Credit (AED bn) 263.800 2018 yearly 2001 - 2018
BoP: Current Account: Services: Debit (AED bn) -265.500 2018 yearly 2001 - 2018
Foreign Direct Investment: Mining and Quarrying (AED mn) 38,519.597 2016 yearly 2005 - 2016
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 5.0 Mar 2024 quarterly Mar 2009 - Mar 2024
Household Debt: % of GDP (%) 106.2 2021 yearly 2013 - 2021
Money Supply M1 (USD mn) 240,730.020 Jun 2024 monthly Jun 1991 - Jun 2024
Money Supply M2 (USD mn) 590,698.843 Jun 2024 monthly Jun 1991 - Jun 2024
M2 Growth (%) 16.9 Jun 2024 monthly Jun 1992 - Jun 2024
Reserve Requirement Ratio (%) 1.0 Oct 2024 monthly Jan 2000 - Oct 2024
Foreign Exchange Reserves (USD mn) 200,135.4 Jun 2024 monthly Jun 1973 - Jun 2024
Foreign Exchange Reserves: % of GDP (%) 37.335 Mar 2024 quarterly Dec 2012 - Mar 2024
Foreign Exchange Reserves: Months of Import (NA) 5.0 Dec 2023 monthly Jan 2009 - Dec 2023
Gold Reserves (USD mn) 5,794.418 Jul 2024 monthly Dec 1974 - Jul 2024
Total Deposits (USD mn) 744,981.348 Jul 2024 monthly Dec 2003 - Jul 2024
Total Deposits Growth (%) 14.3 Jul 2024 monthly Dec 2004 - Jul 2024
Domestic Credit (USD mn) 421,188.8 May 2024 monthly Jan 1975 - May 2024
Domestic Credit Growth (%) 4.0 May 2024 monthly Jan 1976 - May 2024
Household Debt (USD mn) 457,475.8 Apr 2023 monthly Dec 2013 - Apr 2023
Total Loans (USD mn) 496,041.661 Jul 2024 monthly Dec 2013 - Jul 2024
Total Loans Growth (%) 6.28 Jul 2024 monthly Dec 2014 - Jul 2024
Private Debt: % of Nominal GDP (%) 66.72 Mar 2024 quarterly Dec 2013 - Mar 2024
Reserve Requirement Ratio: Current, Savings and Call Deposits (%) 11.000 Oct 2024 monthly Jan 2000 - Oct 2024
Banks Deposits (AED mn) 2,735,944.000 Jul 2024 monthly Dec 2003 - Jul 2024
Banks Credit: Gross: Residents (AED mn) 1,486,531.000 Jun 2018 monthly Dec 2013 - Jun 2018

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