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6/17/25, 8:49 AM Transport and storage outperform, UAE non-oil GDP surges 5%
Transport and storage outperform as UAE non-oil GDP surges 5%

Non-oil activities now account for 75.5% of UAE GDP, with logistics, trade, and construction among the
fastest-growing sectors in 2024

by Ryan Harmon June 16, 2025 10:25 AM GST
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The UAE’s economy expanded by 4% in 2024, reaching AED1.78 trillion in real GDP, with non-oil sectors contributing a
record 75.5% of national output, according to figures released by the Federal Competitiveness and Statistics
Centre (FCSC).

The growth reflects the country’s accelerating shift toward a diversified and innovation-led economic model.

Transport and storage sector boom

The transport and storage sector led the non-oil expansion, which posted 9.6% year-on-year growth—making it the
fastest-growing contributor to GDP.

This surge was primarily driven by the UAE’s aviation sector, where airports handled 147.8 million passengers, up nearly
10% compared to 2023.

Trade, manufacturing, and construction also featured prominently in the UAE’s economic performance.
The trade sector accounted for 16.8% of non-oil GDP, while manufacturing and construction contributed 13.5% and
11.7%, respectively.

https://www.logisticsmiddleeast.com/transport/transport-and-storage-outperform-as-uae-non-oil-gdp-surges-5#:~:text=The UAE’s economy expanded … 1/2