The UAE economy grows 5.3% for non -oil activities in the first quarter
Abu Dhabi, September 7 / WAM / The real GDP of the UAE registered a growth of 3.9%, with a value of 455 billion dirhams during the first quarter of 2025, compared to the same period in 2024, while the non -oil gross domestic product achieved 5.3%, at a value of 352 billion dirhams, and oil activities contributed 22.7%during the first quarter of the year 2025.
His Excellency Abdullah bin Touq Al -Marri, Minister of Economy and Tourism, said that the preliminary estimates issued by the Federal Center for Competitiveness and Statistics for Economic Performance in the country during the first quarter of 2025, confirm the strength and flexibility of the national economy and its ability to continue the march of exceptional growth, and the success of the comprehensive development model adopted by the state, and reflects the confidence of investors and the international community in the Emirati business and investment environment, which has become a global model It is followed in adopting advanced economic policies and developing legislative infrastructure that stimulates growth.
He added that, thanks to the directives of the rational leadership, the contribution of non -oil economic activities in the real GDP has reached a new record, as it reached 77.3% for the first time in the history of the state, which reflects the momentum of the economic diversity enjoyed by the UAE, and confirms the effectiveness of national policies and strategies aimed at building an economic model based on knowledge and innovation, in line with the targets of vision (we 2031), Aiming to raise the state’s GDP to 3 trillion dirhams, by the next decade.
For its part, His Excellency Hanan Mansour Al -Ahly, Director of the Federal Center for Competitiveness and Statistics, stressed that the growth of the GDP of the UAE during the first quarter of this year confirms the efficiency of the UAE economic model, and translates the success of the UAE government in implementing the leadership’s directives to develop economic sectors on sustainable foundations, and intensify economic diversification efforts to ensure the development and continuity of the growth of the gross domestic product of the state.
She said that the growth of the non -oil gross domestic product by more than 5%, reflects the directions and visions of the UAE to establish an advanced and varied economic model, enabled technology and innovation, provides the motivating environment for the business sectors, minds and ideas to turn their visions into successful companies and projects that add to the advanced economic scene in the UAE.
The activities of manufacturing industries topped the rest of the economic activities in terms of the growth rate during the first quarter of this year compared to the same period last year, as it witnessed a growth of 7.7%, followed by the financial, insurance, construction and construction sectors that achieved 7.0%growth, while real estate activities grew by 6.6%, and trade activities by 3.0%.
In the field of economic activities most contributed to the non -oil GDP during the first quarter of 2025, the trade sector ranked first with a rate of 15.6%, and the financial and insurance sector came second with a contribution of 14.6%, followed by manufacturing industries by 13.4%, while the contribution of the construction and construction sector reached 12.0%, and real estate activities 7.4%.
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