In its recently issued report, the bank confirmed the economic developments in the Middle East and North Africa region: “It is expected that the country’s real GDP per capita will grow.” The UAE By 2.5 percent in 2024, with this growth rising to 3.4 percent next year, 2025.”
The report expected that the current account balance would increase The UAE To 7.5 percent in 2024, and 7.4 percent in 2025, and that the UAE will achieve a public finance surplus of 4.9 percent in 2024, and 4.7 percent in 2025.
On the other hand, the World Bank report estimated the growth of the GCC economies at 1.9 percent in 2024, rising to 4.2 percent next year.
He pointed out that the economy of the Kingdom of Saudi Arabia Saudi Arabia It will grow by 1.6 percent in 2024 and 4.9 percent in 2025, while Kuwait’s economy will grow by 2.5 percent next year.
According to the report, it is expected to grow Qatari economy by 2 percent in 2024, and by 2.7 percent in 2025, while the economy will grow Sultanate of Oman by about 0.7 percent in 2024, rising to 2.7 percent in 2025, while growth is expected Economy of Bahrain By 3.5 percent in 2024, rising to 3.3 percent in 2024.
Estimated report World Bank The economies of oil-importing countries will grow by 2.1 percent in 2024 and 3.5 percent in 2025, as the economy is expected to grow Egypt by 2.5 percent by the end of this year, And Tunisia By 1.2 percent, Jordan 2.4 percent, and Morocco 2.9 percent.
