Money and business

5.7% growth in the UAE’s non-oil GDP during the first half

Yesterday, the Federal Center for Competitiveness and Statistics announced that the real GDP of the UAE recorded a growth of 4.2%, with a value amounting to 929 billion dirhams, during the first half of 2025, compared to the same period in 2024, while the non-oil GDP achieved a growth of 5.7%, with a value amounting to 720 billion dirhams.

The center stated, in a statement, that the contribution of non-oil activities to the real gross domestic product reached 77.5%, while oil activities contributed 22.5% during the first half of 2025.

Financial and insurance activities topped the growth rate during the first half of this year, compared to the same period last year, as they witnessed a growth of 8.3%, followed by the construction sector, which achieved a growth of 7.9%, while manufacturing industries grew by 7%, and real estate activities by 6.5%.

In the field of economic activities that contribute most to the non-oil GDP during the first half of 2025, the trade sector ranked first with a contribution rate of 16.1%, and the finance and insurance sector came in second place with a contribution of 14.0%, followed by manufacturing industries with a contribution of 13.8%, while the contribution of the construction sector reached 11.8%, and real estate activities 7.8%.

The Minister of Economy and Tourism, Abdullah bin Touq Al Marri, confirmed that the UAE, thanks to the directives of its wise leadership, has adopted a proactive approach based on keeping pace with economic changes and trends locally, regionally and globally, which was manifested in developing competitive economic strategies and legislation, enhancing economic openness to the world, and creating a stimulating business environment for the private sector’s participation in the growth of non-oil sectors.

He said: “The positive results achieved for the national economy during the first half of 2025, most notably the growth of non-oil GDP by 5.7%, reflect the strength and competitiveness of the country’s economic performance and the efficiency of the economic policies followed by the UAE government. It also confirms the consistency of our steps towards reducing dependence on oil, strengthening national non-oil industries, and achieving the economic goals of the (We Are the Emirates 2031) vision.”

For her part, Director of the Federal Center for Competitiveness and Statistics, Hanan Mansour Ahli, confirmed that “the results of the strong performance of the gross domestic product during the first half of 2025, amounting to 929 billion dirhams, reflect the strength of the national economy of the UAE, and the continuity of the growth momentum led by non-oil activities, such as trade, manufacturing industries, and construction.”

She said, “The increase in the contribution of non-oil sectors to 77.5% confirms the success of the economic diversification policies pursued by the state, and its ability to create a flexible and sustainable production environment, based on knowledge and innovation, and keeping pace with the state’s trends towards building the economy of the future.”

. 929 billion dirhams, the country’s gross domestic product within 6 months, with a growth of 4.2%.

. The most growing financial, insurance, and construction sectors.

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