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3/18/25, 9:12 AM UAE’s real GDP posted significant growth of 3.8% during first nine months of 2024

Aerial view of Dubai Marina in the evening. Image used for illustrative purpose. Getty Images
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ECONOMY
UAE’s real GDP posted significant growth of 3.8%

during first nine months of 2024

This growth was driven by a strong expansion in non-oil sectors, which grew by 4.5%

Staff Writer, WAM (Emirates News Agency)

March 6, 2025

DUBAI - The UAE’s real GDP posted a significant growth of 3.8% during the first nine months of 2024
compared to the same period in 2023, reaching AED1.322 trillion.

This growth was driven by a strong expansion in non-oil sectors, which grew by 4.5% to AED987 billion,

reflecting the success of the country's economic diversification strategy.

The contribution of non-oil activities to real GDP reached 74.6%, highlighting the increasing role of these
sectors in supporting economic growth, while oil-related activities contributed 25.4%.

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