The value of loans in the United Arab Emirates increased 4.10 percent in November of 2019 over the same month in the previous year. Loan Growth in the United Arab Emirates averaged 5.23 percent from 2009 until 2019, reaching an all time high of 10.20 percent in November of 2014 and a record low of 1.70 percent in December of 2017.
Loan Growth in the United Arab Emirates is expected to be 3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Loan Growth in the United Arab Emirates to stand at 2.90 in 12 months time. In the long-term, the United Arab Emirates Loan Growth is projected to trend around 4.10 percent in 2020, according to our econometric models.