Page 353 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 2)
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9/19/24, 11:59 AM  UAE announces 3.4% GDP growth in Q1 2024 - Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More
        UAE announces 3.4% GDP growth in Q1


        2024



        The country’s real GDP reached AED430 billion, marking a 3.4

        percent increase compared to the same period in 2023
















































        The UAE emerged at the forefront of the global tourism landscape, attracting a substantial number of
        tourists from around the world. Image: Shutterstock



        The UAE’s economy demonstrated robust growth in the first quarter of 2024, according to
        preliminary estimates released by the Federal Competitiveness and Statistics Centre (FCSC).




        The country’s real GDP reached AED430 billion, marking a 3.4 percent increase compared

        to the same period in 2023. Non-oil GDP grew by 4 percent year-on-year.

        UAE economy shows strong growth in Q1 2024







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