The UAE's GDP is projected to surpass 5% growth by 2025 according to Michael Bolliger, Chief Investment Officer for Emerging Markets at UBS. This optimistic forecast aligns with the IMF’s estimates which predict a stable 4% growth in 2024 and an increase to 5.1% in 2025.

Various global factors particularly oil production and OPEC's decisions significantly influence the growth of Gulf Cooperation Council (GCC) economies. It is noted that the impact of stimulus measures from China and U.S. Federal Reserve monetary policy on market recovery.

In its recent World Economic Outlook, the IMF indicated that global growth would remain subdued at 3.2% for both 2024 and 2025. The World Bank projected the UAE's GDP to rise by 3.3% in 2024, driven largely by a rebound in the non-oil sector and increase to 4.1% in subsequent years.

Overall, both the Central Bank of the UAE and the World Bank anticipate robust growth in non-hydrocarbon sectors further solidifying the UAE's economic stability.