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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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