The UAE nominal GDP is set to increase to USD 152.4 bn in 2006 compared with USD 133.8 bn last year, an IMF report said. However, the real GDP growth is likely to fall to 6.5% in 2006 from 8% in 2005, the IMF Regional Economic Outlook report said. UAE's real oil and non-oil GDP growth declined last year to 7.8% compared with 9.9% in 2004, but it's expected to rise again in 2006 to 8.1%, said the IMF report.
