Industrial Production in UAE
The UAE economy recorded an average growth rate of 2.5% in industrial production in the decade to 2022, above the 1.5% average for the Middle East & North Africa region. In 2022, industrial production growth was 8.5%. For more industry information, visit our dedicated page.
UAE Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for UAE from 2014 to 2023.
Source: Macrobond.
UAE Industry Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | 27.7 | -3.7 | 4.2 | 2.8 | 3.2 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Emirati industry projections for the next ten years from a panel of 1 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Emirati industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Emirati industry projections.
Want to get access to the full dataset of Emirati industry forecasts? Send an email to info@focus-economics.com.