The UAE's real GDP reached AED 1.77 trillion in 2024, achieving a strong growth of 4 percent compared to 2023.
This outstanding performance is primarily driven by the robust growth of non-oil sectors, which achieved a 5 percent growth, bringing their GDP to AED 1.34 trillion, raising their contribution to 75.5 percent of GDP. This reflects the continued success of economic diversification policies. Meanwhile, the value of oil sectors and activities reached AED 434 billion.
UAE Minister of Economy Abdullah bin Touq Al Marri stated that these positive results confirm that the UAE has made new strides in advancing competitiveness and economic diversification.
Source (Al Arabiya.net Website, Edited)
