‎UAE GDP growth forecast to grow 9.5% in 2027: WB

‎<p ><span ><span class="ckeCaption" ><img src="https://argaamplus.s3.amazonaws.com/5ba95590-091c-41cc-ac67-c8a86a9da5c4.png" >Abu Dhabi</span></span></p> <hr> <p dir="ltr" ><span ><span ><span >The UAE's GDP to grow by 9.5% in 2027, an increase of about 5.4 percentage points compared to its forecast in April 2026, according to the t</span></span></span><span >he World Bank </span><span >MENA Economic Update report.</span></p> <p dir="ltr" ></p> <p dir="ltr" ><span >The UAE economy is forecast to contract by 1.6% in 2026, down around 4 percentage points from its estimate in April 2026.</span></p> <p dir="ltr" ></p> <table align="center" border="1" cellpadding="0" cellspacing="0" dir="ltr" width="100%"> <tbody> <tr > <td colspan="4" > <p dir="ltr" ><span ><span ><strong>World Bank projections for UAE gross domestic product (GDP) growth</strong></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span >Period</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><strong><span >Bank forecast </span></strong></span></span><strong >in</strong></p> <p align="center" dir="ltr" ><strong >April </strong><strong >2026</strong></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><strong><span >Bank forecast </span></strong></span></span><strong >in</strong></p> <p align="center" dir="ltr" ><strong >October </strong><strong >2026</strong></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><strong><span >Change</span></strong></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span dir="LTR">2026</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span dir="LTR"><span >2.4</span></span> <span >%</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >( 1.6 </span><span dir="LTR"><span >%</span></span><span >)</span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span dir="LTR"><span >(4.0%)</span></span></span></span></p> </td> </tr> <tr > <td > <p dir="ltr" ><span ><span ><strong><span dir="LTR">2027</span></strong></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span dir="LTR"><span >4.1</span></span> <span dir="LTR"><span >%</span></span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span dir="LTR"><span >9.5</span></span> <span dir="LTR"><span >%</span></span></span></span></p> </td> <td > <p align="center" dir="ltr" ><span ><span ><span >+5.4 </span><span dir="LTR"><span >%</span></span></span></span></p> </td> </tr> </tbody> </table> <div ><br> <span >The bank indicated that the UAE’s use of infrastructure outside the Strait of Hormuz for exports via Fujairah Port, along with the flexibility in available production after the UAE’s withdrawal from OPEC+ production arrangements this year, has helped maintain oil output at levels just below its previously estimated sustainable production capacity.</span><br> <br> <span >It noted that the economic consequences of the conflict have been concentrated in the GCC economies, although the intensity of the shock has varied widely among these countries. Differences in the extent of disruption to shipping lines, damage to energy infrastructure, and abilities to redirect exports have become key factors influencing economic activity.</span></div> <p dir="ltr" ><br> <span >As a result, GCC gross domestic product (GDP) is expected to contract by 4.3% in 2026. This contraction reflects steep declines in hydrocarbon production and exports following the closure of the Strait of Hormuz, in addition to negative spillovers to the tourism, logistics, and aviation sectors.</span></p>

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Argaam - UAE News · Trade Publication

Published

7th October 2026

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argaam.com

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