Dubai's economy continues to grow with a total output of $ 105.8 billion

Written by Super User Published: Friday, 12 October 2018

The emirate's economy continued to grow during 2017 compared with 2016, with real GDP at constant prices reaching AED 389 billion ($ 105.8 billion) compared to 379 billion dirhams ($ 103.1 billion) In 2016. Growth was driven by the performance of the strategic sectors, which contributed 72.2% of the total economic growth achieved in 2017.
 

 

The Dubai Statistics Center said that the most important sectors in terms of contribution to the growth of transport and storage activity, which contributed 18.5% of the total economic growth achieved to outperform its contribution to the largest activity in the economy of the emirate, wholesale and retail, which contributed to economic growth by 8.3% The real GDP (at constant prices) of the Emirate is defined as the sum of the added value achieved for all economic activities within the Emirate of Dubai after removing the effect of price inflation.

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