In 2025, the UAE’s economy is expected to grow by 4.6%, and in 2026 and 2027, it will stabilise at 4.9%, according to World Bank projections. According to the World Bank, the non-oil industries of the United Arab Emirates are still a major source of development, with a projected growth rate of 4.9 percent in 2025.
Based on data as of June 1st, the World Bank’s most recent edition of the Gulf Economic Update (GEU) projects that the Gulf Cooperation Council (GCC) nations would have medium-term economic growth of 3.2 percent in 2025 and 4.5 percent in 2026.
According to the World Bank, the growth attained by Gulf countries is mostly due to robust expansion in non-oil industries. The most recent GEU report states that the region’s economy grew significantly in 2024, rising 1.7% as opposed to 0.3% in 2023.
With a gain of 3.7 percent, the non-oil sector continues to show its resilience, according to the study. Private consumption, investment, and structural changes made in GCC nations were major contributors to this rise. Kuwait’s economic growth is anticipated to rebound considerably and reach 2.2 percent in 2025, while Bahrain’s growth is predicted to steady at 3.5 percent.
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