In 2019, the estimated preliminary gross domestic product (GDP) of the emirate of Abu Dhabi was worth about 915 billion United Arab Emirates Dirhams. The largest contribution to the emirate's GDP was from the mining and quarrying industry.

United Arab Emirates Gross Domestic Product (GDP): Abu Dhabi data was reported at 832,470.000 AED mn in 2017. This records an increase from the previous number of 760,396.000 AED mn for 2016. United Arab Emirates Gross Domestic Product (GDP): Abu Dhabi data is updated yearly, averaging 871,095.672 AED mn from Dec 2012 (Median) to 2017, with 6 observations. The data reached an all-time high of 960,145.650 AED mn in 2014 and a record low of 760,396.000 AED mn in 2016. United Arab Emirates Gross Domestic Product (GDP): Abu Dhabi data remains active status in CEIC and is reported by Statistics Center - Abu Dhabi. The data is categorized under Global Database’s United Arab Emirates – Table AE.A005: SNA 2008: GDP: by Industry: Current Price: Abu Dhabi.

United Arab Emirates Gross Domestic Product (GDP): 2000p: Abu Dhabi data was reported at 297,927.000 AED mn in 2008. This records an increase from the previous number of 262,978.000 AED mn for 2007. United Arab Emirates Gross Domestic Product (GDP): 2000p: Abu Dhabi data is updated yearly, averaging 216,022.500 AED mn from Dec 2001 (Median) to 2008, with 8 observations. The data reached an all-time high of 297,927.000 AED mn in 2008 and a record low of 148,146.000 AED mn in 2002. United Arab Emirates Gross Domestic Product (GDP): 2000p: Abu Dhabi data remains active status in CEIC and is reported by Federal Competitiveness and Statistics Authority. The data is categorized under Global Database’s United Arab Emirates – Table AE.A032: SNA 1993: GDP: by Emirate: 2000 Price. Rebased from 2000p to 2007p Replacement series ID: 385469637

In 2019, information and communication contributed about 25 billion United Arab Emirates dirhams to the preliminary estimated value of the gross domestic product (GDP) of the emirate of Abu Dhabi. The total estimated GDP of the emirate for the year was about 915 billion dirhams.

United Arab Emirates GDP: 2007p: Abu Dhabi: Non Oil Sector data was reported at 103,627.593 AED mn in Jun 2018. This records an increase from the previous number of 102,177.172 AED mn for Mar 2018. United Arab Emirates GDP: 2007p: Abu Dhabi: Non Oil Sector data is updated quarterly, averaging 100,394.000 AED mn from Mar 2015 (Median) to Jun 2018, with 14 observations. The data reached an all-time high of 103,627.593 AED mn in Jun 2018 and a record low of 95,293.558 AED mn in Mar 2015. United Arab Emirates GDP: 2007p: Abu Dhabi: Non Oil Sector data remains active status in CEIC and is reported by Statistics Center - Abu Dhabi. The data is categorized under Global Database’s United Arab Emirates – Table AE.A010: SNA 2008: GDP: by Industry: 2007 Price: Abu Dhabi.

In 2019, the contribution of the real estate sector to the gross domestic product (GDP) of the emirate of Abu Dhabi reached around 38.4 billion United Arab Emirates dirhams (AED), down from around 47 billion AED in 2017. The total estimated GDP of the emirate for that year was about 915 billion dirhams.

 

 The economy of Abu Dhabi 

The UAE is a federation comprising of seven emirates, the largest of which is Abu Dhabi. It makes up around three-quarters of the country’s total land area and is the center of the oil industry. By 2030, the emirate of Abu Dhabi was forecasted to have a population size of around 1.6 million people. The country has been diversifying its economy to shift away from its reliance on the hydrocarbons sector. Following the same strategy, the Abu Dhabi government has adopted transformative steps to achieve a knowledge-based economy, making the emirate an attractive business environment. Moreover, Abu Dhabi’s strategic geographic location, highly developed infrastructure, in addition to access to energy sources have contributed to its integrated business environment. The market capitalization of the emirate in 2019 was almost double its value in 2010.

 The future of the real estate market  

 

The real estate sector has been one of the driving forces of the UAE’s economic growth over the past two decades. The total number of real estate enterprises in Abu Dhabi reached 880 in 2017. However, the market conditions have been slowing down recently, with COVID-19 adding further instability. The UAE and Abu Dhabi authorities have taken initiatives aiming to support the economic recovery of the emirate for 2021.

The Gross Domestic Product (GDP) in the United Arab Emirates was worth 537.08 billion US dollars in 2024, according to official data from the World Bank. The GDP value of the United Arab Emirates represents 0.51 percent of the world economy. This dataset provides - United Arab Emirates GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

United Arab Emirates Gross Domestic Product (GDP): GFCF: Abu Dhabi data was reported at 182,341.000 AED mn in 2017. This records a decrease from the previous number of 186,922.000 AED mn for 2016. United Arab Emirates Gross Domestic Product (GDP): GFCF: Abu Dhabi data is updated yearly, averaging 38,416.500 AED mn from Dec 1970 (Median) to 2017, with 30 observations. The data reached an all-time high of 186,922.000 AED mn in 2016 and a record low of 565.000 AED mn in 1970. United Arab Emirates Gross Domestic Product (GDP): GFCF: Abu Dhabi data remains active status in CEIC and is reported by Statistics Center - Abu Dhabi. The data is categorized under Global Database’s United Arab Emirates – Table AE.A037: SNA 1993: GDP: Gross Fixed Capital Formation: Current Price: by Emirate.

United Arab Emirates Gross Domestic Product (GDP): 2007p: Abu Dhabi data was reported at 199,172.922 AED mn in Jun 2018. This records an increase from the previous number of 196,832.450 AED mn for Mar 2018. United Arab Emirates Gross Domestic Product (GDP): 2007p: Abu Dhabi data is updated quarterly, averaging 196,624.074 AED mn from Mar 2015 (Median) to Jun 2018, with 14 observations. The data reached an all-time high of 199,207.410 AED mn in Dec 2016 and a record low of 187,234.067 AED mn in Mar 2015. United Arab Emirates Gross Domestic Product (GDP): 2007p: Abu Dhabi data remains active status in CEIC and is reported by Statistics Center - Abu Dhabi. The data is categorized under Global Database’s United Arab Emirates – Table AE.A010: SNA 2008: GDP: by Industry: 2007 Price: Abu Dhabi.

In 2019, finance and insurance sector contributed about 70.5 billion United Arab Emirates dirhams to the preliminary estimated value of the gross domestic product (GDP) of the emirate of Abu Dhabi. The total estimated GDP of the emirate for that year was about 915 billion dirhams.

In 2019, construction contributed about 86 billion United Arab Emirates dirhams to the preliminary estimated value of the gross domestic product (GDP) of the emirate of Abu Dhabi. The total estimated GDP of the emirate for that year was about 915 billion dirhams.

Key information about United Arab Emirates Market Capitalization: % of GDP

• United Arab Emirates Market Capitalization accounted for 190.5 % of its Nominal GDP in Dec 2023, compared with a percentage of 171.2 % in the previous year
• United Arab Emirates Market Capitalization: % Nominal GDP is updated yearly, available from Dec 2002 to Dec 2023
• The data reached an all-time high of 190.5 % in Dec 2023 and a record low of 27.2 % in Dec 2002

CEIC calculates Market Capitalization as % of Nominal GDP from annual Market Capitalization and annual Nominal GDP. Abu Dhabi Securities Exchange and Dubai Financial Market provide Market Capitalization in local currency. Federal Competitiveness and Statistics Centre provides Nominal GDP in local currency based on SNA 2008. Nominal GDP prior to 2010 is based on SNA 1993

In 2019, manufacturing contributed 58 billion United Arab Emirates dirhams to the preliminary estimated value of the gross domestic product (GDP) of the emirate of Abu Dhabi. The total estimated GDP of the emirate for that year was about 915 billion dirhams.

United Arab Emirates GDP: 2007p: Abu Dhabi: Non Financial Corporations data was reported at 173,615.332 AED mn in Jun 2018. This records an increase from the previous number of 172,537.691 AED mn for Mar 2018. United Arab Emirates GDP: 2007p: Abu Dhabi: Non Financial Corporations data is updated quarterly, averaging 172,650.228 AED mn from Mar 2015 (Median) to Jun 2018, with 14 observations. The data reached an all-time high of 175,982.415 AED mn in Dec 2016 and a record low of 165,752.461 AED mn in Mar 2015. United Arab Emirates GDP: 2007p: Abu Dhabi: Non Financial Corporations data remains active status in CEIC and is reported by Statistics Center - Abu Dhabi. The data is categorized under Global Database’s United Arab Emirates – Table AE.A010: SNA 2008: GDP: by Industry: 2007 Price: Abu Dhabi.

According to projects for 2020, the mining and quarrying sector including crude oil and gas contributed about 227.14 billion United Arab Emirates Dirham to the gross domestic product (GDP) of the United Arab Emirates. This was the leading economic sector of the UAE closely followed by wholesale and retail with 178.7 billion United Arab Emirates dirham in that year.

UAE oil industry  

As of 2019, the United Arab Emirates was one of the top ten crude oil producers worldwide. The volume of crude oil production in that year exceeded one billion barrels. The country was also a member of the Organization of Petroleum Exporting Countries (OPEC) and the Gas Exporting Countries Forum (GECF). It was a major oil producer and exporter and held about 98 billion barrels of crude oil reserves . Each emirate has control over heir oil and gas production processes. The emirate of Abu Dhabi controlled over 90 percent of the country’s reserves. It was handled by Abu Dhabi National Oil Company (ADNOC). Abu Dhabi’s exports exceeded 800 million barrels in 2019. The largest gas project in the country in 2020 was ADNOC - Hail and Ghasha Sour Gas Development: Package 4.

UAE economy

The UAE’s economy witnessed a sharp decrease in its real GDP growth in 2020 post the COVID-19 pandemic, however, it was expected to recover gradually over the next couple of years. The coronavirus crisis has dealt a heavy blow to the country. This is not only due to the impact of low oil prices, but also a huge loss to important non-oil economic sectors such as tourism. .The largest contributor to Dubai’s GDP in 2021 was the wholesale and retail industry The central bank expected a full economic recovery in 2022. The largest share of announced foreign direct investment (FDI) projects in 2020 in the emirate of Dubai were greenfield projects.

The growth of the real gross domestic product (GDP) in the United Arab Emirates was estimated at about 3.76 percent in 2024. From 1980 to 2024, the growth rose by approximately 5.54 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the growth will rise by around 0.14 percentage points, showing an overall upward trend with periodic ups and downs.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.

This statistic described the direct tourism contribution of Abu Dhabi to the gross domestic product of the United Arab Emirates from 2006 to 2016 and a forecast for 2026. The forecast of the direct tourism contribution of Abu Dhabi to the GDP of the United Arab Emirates for 2026 was approximately 6.4 billion U.S. dollars.

United Arab Emirates GDP: ISIC 4: Abu Dhabi: Manufacturing Industries data was reported at 54,021.000 AED mn in 2017. This records an increase from the previous number of 49,842.000 AED mn for 2016. United Arab Emirates GDP: ISIC 4: Abu Dhabi: Manufacturing Industries data is updated yearly, averaging 50,083.000 AED mn from Dec 2012 (Median) to 2017, with 6 observations. The data reached an all-time high of 54,021.000 AED mn in 2017 and a record low of 46,174.000 AED mn in 2013. United Arab Emirates GDP: ISIC 4: Abu Dhabi: Manufacturing Industries data remains active status in CEIC and is reported by Statistics Center - Abu Dhabi. The data is categorized under Global Database’s United Arab Emirates – Table AE.A005: SNA 2008: GDP: by Industry: Current Price: Abu Dhabi.

In 2019, professional, scientific and technical services contributed about 20.8 billion United Arab Emirates dirhams to the preliminary estimated value of the gross domestic product (GDP) of the emirate of Abu Dhabi. The total estimated GDP of the emirate for that year was about 915 billion dirhams.

United Arab Emirates GDP: ISIC 4: Abu Dhabi: Professional, Scientific and Technical data was reported at 20,006.000 AED mn in 2017. This records an increase from the previous number of 19,467.000 AED mn for 2016. United Arab Emirates GDP: ISIC 4: Abu Dhabi: Professional, Scientific and Technical data is updated yearly, averaging 18,780.500 AED mn from Dec 2012 (Median) to 2017, with 6 observations. The data reached an all-time high of 20,006.000 AED mn in 2017 and a record low of 17,426.000 AED mn in 2012. United Arab Emirates GDP: ISIC 4: Abu Dhabi: Professional, Scientific and Technical data remains active status in CEIC and is reported by Statistics Center - Abu Dhabi. The data is categorized under Global Database’s United Arab Emirates – Table AE.A005: SNA 2008: GDP: by Industry: Current Price: Abu Dhabi.