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Track Dubai economic performance and GDP expansion trends
Track Dubai economic performance and GDP expansion. With consistent year-over-year growth averaging 4.5%, Dubai has demonstrated strong economic resilience and diversification. Understanding GDP trends helps investors identify stable market conditions and growth opportunities across sectors.
Current GDP
AED 513B
2024 Estimate
Annual Growth
7.5%
2024 Growth Rate
5-Year CAGR
4.5%
Compound Annual
Per Capita
AED 139K
Income Per Resident
2020
GDP: AED 383B
-2.1%
Growth Rate
Sector Contributions:
2021
GDP: AED 401B
+4.7%
Growth Rate
Sector Contributions:
2022
GDP: AED 446B
+11.2%
Growth Rate
Sector Contributions:
2023
GDP: AED 477B
+6.9%
Growth Rate
Sector Contributions:
2024
GDP: AED 513B
+7.5%
Growth Rate
Sector Contributions:
Sector contribution to GDP
24%
AED 123B
Sector contribution to GDP
25%
AED 128B
Sector contribution to GDP
20%
AED 103B
Sector contribution to GDP
12%
AED 62B
Sector contribution to GDP
10%
AED 51B
Sector contribution to GDP
9%
AED 46B
Strong international visitor growth driving hospitality sector expansion
Robust property sales and construction activity fueling economic growth
Continued business registration and entrepreneurship expanding tax base
With strong GDP growth and economic diversification, Dubai offers stable investment opportunities across multiple sectors.