UAE GDP Growth to Reach 5% in 2025: Emirates NBD Report

UAE, 21 January, 2025 :  Emirates NBD Research has projected the UAE’s GDP growth to strengthen to 5% in 2025, driven by both oil and non-oil sector expansions.

Dubai’s GDP growth is expected to rise to 3.7% in 2025, up from 3.2% in 2024. The oil sector will benefit from easing production curbs, while non-oil activity will receive a boost from expansionary budgets, major projects, and lower interest rates.

The report also forecasts a slowdown in price growth to 2.8% YoY, with transport continuing to weigh on the headline inflation, while housing remains a key driver.