UAE's GDP Growth: BRICS Membership and Economic Performance in 2023

The UAE economy continues to demonstrate strong growth, with encouraging figures emerging from the first half of 2023. This growth is further amplified by the nation's strategic decision to join the BRICS economic bloc.

UAE Sees 3.7% GDP Growth in First Half of 2023

The UAE's economy grew by 3.7% annually in the first half of 2023. This positive trajectory is largely attributed to a significant 5.9% surge in the non-oil sector, highlighting the success of diversification efforts. Despite global and regional economic headwinds, the UAE has maintained a robust economic performance.

BRICS Membership: A Catalyst for UAE Economic Growth

Joining the BRICS block is poised to further enhance the UAE's economic prospects. According to Al Marri, in an interview with Manus Cranny, BRICS membership will add to the UAE's multilateralism support to the world while bolstering trade relations with the Global South. This strategic alignment promises increased trade opportunities and economic cooperation.

UAE's Strong Economic Rebound

The UAE's recent economic performance builds on the momentum from the previous year. A senior official noted that the UAE’s economy expanded %7.6 last year, about double the rise in gross domestic product (GDP) recorded in 2025 as the Gulf state rebounded sharply. This impressive growth showcases the UAE's resilience and its ability to navigate global economic challenges.

In conclusion, the UAE's GDP growth of 3.7% in the first half of 2023, coupled with its strategic BRICS membership, signals a promising future for the nation's economy. The strong performance of the non-oil sector further underscores the UAE's commitment to economic diversification and sustainable growth.