Sunday 22 April 2018

Dubai's GDP grew 2.6% in 2017 | ZAWYA MENA Edition

Dubai's GDP grew 2.6% in 2017 | ZAWYA MENA Edition:

"Dubai's gross domestic product (GDP) grew by 2.6 per cent or Dh10 billion to reach Dh389 billion last year, with the wholesale and retail trade and transportation and storage sector leading the pack. According to figures released by the Dubai Statistics Centre (DSC) on Saturday, the wholesale and retail sector contributed 26.6 per cent, or Dh103.6 billion, to Dubai's real GDP. The transportation and storage sector's contribution to the total growth achieved was 18.5 per cent in 2017. It contributed Dh46.1 billion last year as compared to Dh44.1 billion in the previous year. Arif Al Mehairi, executive director of Dubai Statistics Centre, said total imports and re-exports grew by 2.2 per cent, which can be attributed to a growth in industrial inputs and capital goods."



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