Washington, DC – The World Bank expects the UAE economy to continue its positive trajectory. Growth is projected to reach 5% in 2026 and rise to 5.1% in 2027, according to the latest edition of its Global Economic Prospects report released today.
The report explained that the UAE’s growth prospects are part of a broader improvement in the economies of the Gulf Cooperation Council (GCC) countries. Growth in the GCC is expected to reach 4.4% in 2026 and 4.6% in 2027, driven by a balanced performance between the oil and non-oil sectors, continued economic reforms, and increased investment.
At the regional level, the World Bank indicated that growth in the Middle East, North Africa, Afghanistan, and Pakistan (MENA) region is projected to rise to 3.6% in 2026 and then to 3.9% in 2027. This comes amid improving economic conditions and a decline in some inflationary pressures.
Regarding the global economy, the report confirmed that it has demonstrated greater resilience than previously anticipated. This comes despite ongoing trade tensions and policy uncertainties. The report indicated that global growth will remain relatively stable, reaching 2.6% in 2026 before rising to 2.7% in 2027. This represents an upward revision compared to previous estimates.
The World Bank noted that this resilience reflects better-than-expected performance in several major economies, most notably the United States, which contributed the largest share to the upward revision of its forecast.
Conversely, the report warned that slower global growth could widen the gap in living standards between advanced and developing economies. It emphasized that achieving more inclusive growth requires boosting productivity, improving the business environment, and attracting more private investment. World Bank experts affirmed that continued economic reforms and investment in human and digital capital are essential for supporting sustainable growth in the UAE in the coming years.
