Page 549 - MOET ENGLISH PR REPORT - JUNE 2025
P. 549
6/16/25, 9:30 AM UAE posts 4% GDP growth in 2024 as economic diversification accelerates
UAE posts 4% GDP growth in 2024
as economic diversification
accelerates
Non-oil DP rew y 5 %, otaling 1 ,342 illion irhams
Central ank orecasts 4 .5% rowth n 2 025 nd 5 .5% n 2 026
JEDDAH: The UAE’s gross domestic product reached 1.77 billion dirhams ($481.4
billion) in 2024, recording 4 percent growth, with non-oil sectors contributing
75.5 percent of the total, hi ghl ight ing diversification progress.
The Central Bank of the UAE ha s maintained its real GDP growth forecast at 4
percent for 2024, with an expected acceleration to 4.5 percent in 2025 and 5.5
percent in 2026.
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