UAE: Non-Oil Sector’s Contribution to GDP Tops 72% in 2021
UAE: Non-Oil Sector’s Contribution to GDP Tops 72% in 2021
The contribution of the United Arab Emirates’ non-oil sector to the country's gross domestic product (GDP) increased to 72.3% in 2021 compared to 71.3% a year earlier, Emirates News Agency (WAM) reported.
The UAE's GDP grew 3.8% last year, exceeding the World Bank's forecast of 2.1%, Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, said earlier this month.
"At current prices, the output was Dh1.49 trillion ($405.71 billion),” Sheikh Mohammed said.
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