UAE GDP Growth Forecast Upgraded to 10.4% for 2027

The Central Bank of the UAE has upgraded its forecast for GDP growth in 2027 to 10.4%, up from an earlier projection of 9.8%.

This revised outlook is based on expected increases in oil production and resilient non-oil activity, with hydrocarbon-sector activity projected to expand by 2.4% in 2026 and a staggering 26.8% in 2027.

The UAE's economy is expected to maintain positive growth momentum over the medium term, supported by continued expansion in both oil and non-oil sectors, according to the Central Bank's latest Quarterly Economic Review.