IMF: The UAE is among the 30 largest economies in the world

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IMF: The UAE is among the 30 largest economies in the world

Future forecasts extending until 2031 indicate continued economic momentum and upward growth in the UAE. It is expected that the domestic product will rise in 2027 to $648.67 billion, with a growth of 5.3 percent, and the per capita will reach $56,179. In 2028, the economy is expected to expand to reach $686.35 billion, with a growth of 4.6 percent, and the per capita will reach $59,035, to continue its rise in 2029 to $727.72 billion, with a growth of 4.4 percent. The per capita is $62,179, and by 2030 estimates indicate that the gross domestic product will reach $770.22 billion, with a growth of 4.0 percent, and the per capita will reach $65,387, reaching $815.05 billion in 2031, with a growth rate of 4.0 percent, and the per capita will exceed $69,187.

Gargash: A success story that combines vision, commitment and performance
Commenting on these indicators, Dr. said: Anwar Gargash, diplomatic advisor to the President of the UAE, on his official page on the X website (formerly Twitter): “The economic performance of the UAE is an inspiring success story that combines vision, commitment and performance, and we are heading towards many years of growth, success and leadership.”