Dubai, UAE – The International Monetary Fund has charted promising positive prospects for the UAE economy during 2027. Expecting a strong acceleration in GDP growth. To reach 5.3%, according to forecasts from the World Economic Outlook report.
The Fund expected the UAE to achieve a current account surplus during the current and next two years equivalent to 11.4% of the gross domestic product. The inflation rate is likely to reach about 2.6% this year and decline to 2.0% next year.
The International Monetary Fund lowered its GDP growth forecast for the Middle East and North Africa region to 1.1%. It is expected to rise to 4.8% in 2027. Assuming that energy production and transportation will return to normal within the next few months.
Globally, the Fund lowered its global growth forecast for 2026 to 3.1%, compared to last January’s forecast of 3.3% growth.
