Monday 17 March 2014

Abu Dhabi GDP for 2013 estimated at Dh953.2b | GulfNews.com

Abu Dhabi GDP for 2013 estimated at Dh953.2b | GulfNews.com:



"

Preliminary estimates for 2013 show that Abu Dhabi’s Gross Domestic Product (GDP) is expected to reach Dh953.2 billion, with a growth rate of 4.8 per cent, according to data released on Monday by the Statistics Centre Abu Dhabi (SCAD).



SCAD’s data showed that GDP at current prices amounted to Dh909 billion in 2012 compared to Dh846.7 billion in 2011.



Abu Dhabi’s GDP would hence register a five-fold increase since the beginning of last decade, as it would have moved up from Dh185.7 billion in 2001 to an estimated Dh953.2 billion in 2013.



In a press conference held by SCAD, Director of Economic Statistics Department, Nasser Dayan, said that all economic activities and sector experienced growth during 2012.



Statistical surveys showed that non-oil GDP in 2013 at current prices is estimated to reach Dh429.3 billion with a 10 per cent growth rate. In 2012, non-oil GDP amounted to Dh390.9 billion — an increase from the 2011 figure of Dh361.9 billion"



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