United Arab Emirates : Recent Economic Developments

Author/Editor:

International Monetary Fund

Publication Date:

January 7, 1999

Electronic Access:

Free Full text (PDF file size is 4416 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper reviews economic developments in the United Arab Emirates during 1995–98. Real GDP growth accelerated from about 5 percent in 1994 to 8.1 percent in 1995 and to 10.1 percent in 1996. However, 1997 saw a marked slowdown in real GDP growth, to an estimated 2.1 percent, reflecting mainly a decline in oil sector GDP. Over the period 1993–96, there was strong growth in non-oil GDP averaging 9½ percent per year, boosted by an exceptionally good performance in 1994 (12 percent).

Series:

Country Report No. 98/134

Subject:

English

Publication Date:

January 7, 1999

ISBN/ISSN:

9781451801071/1934-7685

Stock No:

1AREEA0011998

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

98

Please address any questions about this title to publications@imf.org