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3/17/25, 2:34 PM UAE’s real GDP posted growth of 3.8% in first nine months of 2024

UAE’s real GDP posted growth of

3.8% in first nine months of 2024

05 Mar 2025

The contribution of non-oil activities to real GDP reached 74.6%. File/WAM

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 Dhs1.322 trillion.

This growth was driven by a strong expansion in non-oil sectors, which grew by 4.5% to Dhs987
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%.

Abdullah Bin Touq Al Marri, Minister of Economy, emphasised that the continuous growth of the

national economy reaffirms the success of the UAE’s economic policies and strategies aimed at
enhancing economic diversification, facilitating business activities, and promoting the expansion of
new economy sectors as a key driver for sustainable economic and social development.

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