A London Based Digital Publication Covering Diplomatic & Business Activities Globally

Saturday, September 30, 2023

Abu Dhabi’s GDP up 5.6%

Abu Dhabi's GDP up 5.6%
Abu Dhabi’s GDP up 5.6%

(Abu Dhabi) – Abu Dhabi’s real GDP grew by around 5.6 per cent in 2012 due to strong performance of the non-hydrocarbon sector, but it was below the 9.3 per cent growth achieved in 2011, official data showed. The emirate’s GDP, which accounts for more than two thirds of the UAE economy, also swelled by 7.7 per cent in current prices in 2012, less than a fourth of the growth rate recorded in 2011 when it stood at 32 per cent, showed the figures by the Abu Dhabi Department of Economic Development.
In its annual report for 2012, the Department attributed the slower growth in 2012 to the slight rise in the oil sector in both production and prices compared with 2011.
It showed Abu Dhabi’s real GDP stood at Dh678 billion in 2012 and said that despite the slackening growth in 2012, Abu Dhabi’s economy maintained its recovered and returned to its healthy pace, taking advantage of the robust diversification strategy adopted by the emirate’s government in recent years.

Latest Posts

Latest Posts

Stay in touch

To be updated with all the latest news, offers and special announcements.


The Deputy King of Bahrain accepts credentials from five newly appointed ambassadors to the Kingdom.

In Manama on September 24th, His Royal Highness Prince...

Mariam Almheiri calls for action on climate at COP28 during her UNGA 2023 meetings.

In New York on September 24th, 2023, Mariam bint...

UAE and Indonesia are currently assessing ways to enhance their economic collaboration.

In Jakarta on September 23rd, 2023, Suhail bin Mohammed...

UAE leaders congratulate the Custodian of the Two Holy Mosques on the Kingdom’s 93rd National Day

On September 23rd, 2023, President His Highness Sheikh Mohamed...

Hamdan bin Mohammed launches program to cultivate national talent for leadership in Dubai’s crucial sectors.

On September 24th, 2023, H.H. Sheikh Hamdan bin Mohammed...


  In New York on September 21, 2023, H.H. Sheikh...

Sultan Al Neyadi’s Earth Return from Historic Space Mission

UAE astronaut Sultan Al Neyadi has successfully completed a...

Record-Breaking UAE Non-Oil Foreign Trade Reaches AED 1.239 Trillion in H1 2023

In H1 2023, the UAE achieved a historic milestone...

Hamdan bin Mohammed Reviews RTA’s Infrastructure and Smart Traffic Projects

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum,...