Page 560 - MOET ENGLISH PR REPORT - JUNE 2025
P. 560

6/16/25, 9:34 AM                      UAE’s GDP Reached AED1,776 Billion In 2024 With 4% Growth - UrduPoint

        UAE’s GDP Reached AED1,776 Billion


        In 2024 With 4% Growth




         Umer Jamshaid   Published June 15, 2025 | 02:00 PM







































          ABU DHABI, (UrduPoint / Pakistan Point News / WAM - 15th Jun, 2025)

        The UAE’s real gross domestic product (GDP) reached AED1,776 billion in 2024,

        marking a 4 percent increase compared to that of 2023.


        Non-oil GDP grew by 5 percent, totalling AED1,342 billion, while oil-related

        activities contributed AED434 billion to the overall economy.



        Abdulla bin Touq Al Marri, Minister of Economy, emphasised that the latest GDP

        figures released by the Federal Competitiveness and Statistics Centre (FCSC)

        reflect a renewed and positive momentum in the national economy. They further
        underscore the new milestones achieved by the UAE in economic diversification

        and competitiveness, guided by the vision and directives of its wise leadership.



        With non-oil sectors accounting for 75.5 percent of the UAE’s GDP by the end of

        last year, Al Marri emphasised that these indicators reflect the sustained success

      https://www.urdupoint.com/en/middle-east/uaes-gdp-reached-aed1776-billion-in-2024-1997180.html                1/3
   555   556   557   558   559   560   561   562   563   564   565