Page 233 - MOE ENGLISH PR REPORT - DECEMBER 2024

1/2/25, 5:46 PM UAE’s GDP grows by 3.6% in H1 2024 | Business | emirates7

UAE’s GDP grows by 3.6% in H1 2024

30-12-2024 03:59 PM

emirates7 -Abdulla bin Touq Al Marri, Minister of Economy, highlighted the UAE’s

robust economic growth during the first half of 2024, as reflected in preliminary GDP
estimates from the Federal Competitiveness and Statistics Centre. These results

underscore the nation's position as a global leader in business and investment.

The UAE's real GDP (at constant prices) reached AED879.6 billion in H1 2024, growing
by 3.6 percent compared to the same period last year. Non-oil GDP surged to

approximately AED660 billion, marking a 4.4 percent increase and accounting for 75
percent of the total GDP.

Nominal GDP (at current prices) climbed to AED981 billion, reflecting a 5.6 percent

growth. Non-oil GDP at current prices grew by 6.8 percent, reaching AED749 billion

https://en.emirates7.com/article/3780 1/2