Abu Dhabi’s gross domestic product (GDP) at constant prices achieved a preliminary annual growth rate of 6.8 per cent last year, rising to Dh606.6 billion in 2011 while the emirate’s inflation stood at a low 1.9 per cent for the year, latest data from the Statistics Centre Abu Dhabi (SCAD) showed yesterday.
“Abu Dhabi GDP at constant prices grew from Dh567.8 billion in 2007 to Dh606.6 billion in 2011, achieving an annual growth rate of 6.8 per cent,” SCAD said in a statement.
Commenting on SCAD’s data, Mohammad Amerah, an Abu Dhabi-based economist told Gulf News the emirate’s GDP growth was “remarkable” and, more so because it managed to keep its inflation at exceptionally low levels.
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