Should we be concerned about credit growth in the Gulf?

Rapid credit growth in the Gulf has fuelled fears that the region is experiencing a credit binge similar to that which culminated in Dubai’s crisis in 2009. But, for now at least, we think that there are several reasons not to be overly concerned.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.