Graph and download economic data for Non-Oil Real GDP Growth in Constant Prices for United Arab Emirates (ARENGDPXORPCHPT) from 2000 to 2025 about non-oil, United Arab Emirates, REO, real, GDP, and rate.

GDP Growth Non Oil Sector in the United Arab Emirates increased to 4.50 percent in the third quarter of 2024 from 4.40 percent in the second quarter of 2024. This dataset includes a chart with historical data for the United Arab Emirates GDP Growth Non Oil Sector.

As of the first quarter of 2024, the real year-on-year non-oil gross domestic product (GDP) growth in the United Arab Emirates was four percent. Comparatively, real non-oil economy in the country saw a *** percent growth in the previous year.

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 2020, the extractive industries, including oil and natural gas, accounted for the largest share of real gross domestic product (GDP) in the United Arab Emirates (UAE), representing just over ** percent. The wholesale and retail trade industries followed closely at approximately **** percent. Conventional versus renewable energy In the United Arab Emirates, extractive industries have long been the backbone of the domestic economy, contributing over *** billion UAE Dirham to the country’s GDP in 2020. The UAE has also been ranked among the global leaders in crude oil production. However, the country is diverging from such conventional energy sources for the sake of a more environmentally sustainable economy. The UAE is working towards ** percent of renewable energy by 2030, while the UAE Strategy 2050 further targets a contribution of ** percent of clean energy to the energy mix. Non-oil economic sectors on the rise Despite the availability of vast deposits of fossil fuels and the country’s historical dependency on these natural resources, the UAE has also been striving towards a more diversified economy. Among the country’s non-oil industries, tourism and hospitality have contributed significantly to domestic economic growth. The pandemic-delayed Dubai Expo 2020 has cushioned the initial shock of COVID-19, offering a worthwhile opportunity for recovery and growth for the UAE tourism-related industries.

Non-Oil Real GDP Growth in Constant Prices for United Arab Emirates was 4.50000 % Chg. in January of 2025, according to the United States Federal Reserve. Historically, Non-Oil Real GDP Growth in Constant Prices for United Arab Emirates reached a record high of 6.16207 in January of 2023 and a record low of 4.50000 in January of 2025. Trading Economics provides the current actual value, an historical data chart and related indicators for Non-Oil Real GDP Growth in Constant Prices for United Arab Emirates - last updated from the United States Federal Reserve on June of 2025.

United Arab Emirates GDP: Non-Oil data was reported at 275,217.552 AED mn in Dec 2018. This records a decrease from the previous number of 279,900.323 AED mn for Sep 2018. United Arab Emirates GDP: Non-Oil data is updated quarterly, averaging 256,727.240 AED mn from Mar 2012 (Median) to Dec 2018, with 28 observations. The data reached an all-time high of 290,159.756 AED mn in Jun 2018 and a record low of 202,204.578 AED mn in Dec 2012. United Arab Emirates GDP: Non-Oil 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.A003: SNA 2008: GDP: by Industry: Current Price.

According to projects for 2020, the mining and quarrying sector including crude oil and gas contributed about ****** 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 ***** 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 ** billion barrels of crude oil reserves . Each emirate has control over heir oil and gas production processes. The emirate of Abu Dhabi controlled over ** percent of the country’s reserves. It was handled by Abu Dhabi National Oil Company (ADNOC). Abu Dhabi’s exports exceeded *** million barrels in 2019. The largest gas project in the country in 2020 was ADNOC - Hail and Ghasha Sour Gas Development: Package *. 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.

Non-oil Revenue for General Government for United Arab Emirates was 18.93095 % of Non-oil GDP in January of 2025, according to the United States Federal Reserve. Historically, Non-oil Revenue for General Government for United Arab Emirates reached a record high of 19.05423 in January of 2023 and a record low of 18.87942 in January of 2024. Trading Economics provides the current actual value, an historical data chart and related indicators for Non-oil Revenue for General Government for United Arab Emirates - last updated from the United States Federal Reserve on July of 2025.

The average share of GDP generated from oil rents in the United Arab Emirates increased by 5.2 percentage points (+49.57 percent) in 2021. In total, the average share amounted to 15.67 percent in 2021. This increase was preceded by a declining average share.Oil rents are estimated from the difference between the value of crude oil production at regional prices and the total costs of production. Values are expressed as a share of gross domestic product.Find more key insights for the average share of GDP generated from oil rents in countries like Bahrain and Saudi Arabia.

Overall Non-Oil Fiscal Balance for General Government for United Arab Emirates was -23.50654 % of Non-oil GDP in January of 2023, according to the United States Federal Reserve. Historically, Overall Non-Oil Fiscal Balance for General Government for United Arab Emirates reached a record high of -23.50654 in January of 2023 and a record low of -23.50654 in January of 2023. Trading Economics provides the current actual value, an historical data chart and related indicators for Overall Non-Oil Fiscal Balance for General Government for United Arab Emirates - last updated from the United States Federal Reserve on June of 2025.

United Arab Emirates GDP: Abu Dhabi: 2014p: sa: Non-Oil data was reported at 164,176.027 AED mn in Jun 2024. This records an increase from the previous number of 154,657.683 AED mn for Mar 2024. United Arab Emirates GDP: Abu Dhabi: 2014p: sa: Non-Oil data is updated quarterly, averaging 135,041.309 AED mn from Mar 2014 (Median) to Jun 2024, with 42 observations. The data reached an all-time high of 164,176.027 AED mn in Jun 2024 and a record low of 113,190.905 AED mn in Mar 2014. United Arab Emirates GDP: Abu Dhabi: 2014p: sa: Non-Oil 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.A014: SNA 2008: GDP: by Industry: 2014 Price: Abu Dhabi: Seasonally Adjusted.

United Arab Emirates GDP: 2010p: Non-Oil data was reported at 243,612.977 AED mn in Dec 2018. This records a decrease from the previous number of 252,994.228 AED mn for Sep 2018. United Arab Emirates GDP: 2010p: Non-Oil data is updated quarterly, averaging 237,154.673 AED mn from Mar 2012 (Median) to Dec 2018, with 28 observations. The data reached an all-time high of 260,432.661 AED mn in Jun 2018 and a record low of 196,742.701 AED mn in Mar 2012. United Arab Emirates GDP: 2010p: Non-Oil 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.A007: SNA 2008: GDP: by Industry: 2010 Price.

United Arab Emirates GDP: Non-Financial Corporations excl Oil data was reported at 213,190.664 AED mn in Dec 2018. This records a decrease from the previous number of 221,922.270 AED mn for Sep 2018. United Arab Emirates GDP: Non-Financial Corporations excl Oil data is updated quarterly, averaging 203,008.270 AED mn from Mar 2012 (Median) to Dec 2018, with 28 observations. The data reached an all-time high of 226,390.793 AED mn in Jun 2018 and a record low of 163,986.778 AED mn in Dec 2012. United Arab Emirates GDP: Non-Financial Corporations excl Oil 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.A003: SNA 2008: GDP: by Industry: Current Price.

This statistic describes the total economic contribution of tourism and travel to the United Arab Emirates from 2012 to 2017, with an estimate for 2018 and a forecast for 2028. According to forecasts, the total economic contribution of tourism and travel to the GDP of the UAE in 2028 will be 280.6 billion United Arab Emirates dirham.

United Arab Emirates GDP: 2010p: Non-Financial Corporations excl Oil data was reported at 192,754.483 AED mn in Dec 2018. This records a decrease from the previous number of 206,341.212 AED mn for Sep 2018. United Arab Emirates GDP: 2010p: Non-Financial Corporations excl Oil data is updated quarterly, averaging 187,405.856 AED mn from Mar 2012 (Median) to Dec 2018, with 28 observations. The data reached an all-time high of 208,672.500 AED mn in Jun 2018 and a record low of 159,848.449 AED mn in Dec 2012. United Arab Emirates GDP: 2010p: Non-Financial Corporations excl Oil 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.A007: SNA 2008: GDP: by Industry: 2010 Price.

UAE Commercial Real Estate Market size was valued at USD 82 Billion in 2024 and is projected to reach USD 121.68 Billion by 2032, growing at a CAGR of 5.8% from 2026 to 2032. Key Market Drivers:• Strong Economic Diversification Initiatives: The UAE has been actively diversifying its economy away from oil dependence, leading to the growth of various sectors such as tourism, technology, and finance. According to the UAE's Ministry of Economy, the non-oil sector contributes approximately 70% to the country's GDP, reflecting the success of diversification efforts. The UAE's strategic initiatives aim to achieve sustainable economic growth, thereby bolstering the commercial real estate sector.• Increased Foreign Direct Investment (FDI): The UAE continues to attract significant foreign direct investment, which is a crucial driver for the commercial real estate market. In 2022, the UAE recorded over AED 73 billion (approximately USD 19.8 billion) in FDI inflows, as reported by the UAE Ministry of Economy. This influx of investment reinforces the UAE's position as a global business hub, enhancing demand for commercial properties.

In general, foreign direct investments (FDIs) play a crucial role in driving a country’s economic development, promoting diversification, and enhancing competitiveness. The Gulf Cooperation Council (GCC) countries, which heavily rely on the oil and gas sectors, are particularly vulnerable to fluctuations in commodity prices. However, these countries have recognized the imperative of economic diversification and have increasingly turned to inward FDIs to achieve it. By attracting capital, advanced technology, and expertise from foreign investors, FDIs enable the GCC countries to expand their economic base beyond the oil and gas sectors. This diversification not only creates employment opportunities but also fosters resilient economic growth, ultimately leading to an improvement in the living standards of the local population. This study investigates the macroeconomic and environmental factors that potentially attract foreign direct investment (FDI) inflows into the Gulf Cooperation Council (GCC) countries in the long run. Additionally, the study explores the causal relationship between these factors and FDI inflows. The panel autoregressive distributed lag (ARDL) approach to co-integration is the primary analytical technique used, utilizing long time-series data from six GCC countries, including Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE) during the period 1990–2019. The empirical results indicate that, in the long run, almost all independent variables significantly influence FDI in GCC countries. Variables such as GDP growth (GDPG), inflation (INFL), carbon dioxide emissions (CO2), and urbanization (URB) are found to be highly significant (p≤0.01) in their impact on FDI. Moreover, unemployment (UNEMP) also positively and significantly influences FDI in these countries in the long run. Based on the key findings, strategies aimed at reducing persistently high unemployment rates, maintaining population growth, viewing FDI as a driver for GDP growth, and continuing with infrastructure development and urbanization are expected to attract more FDI inflows into GCC countries in the long run. Additionally, fostering both long-term economic incentives and creating a conducive business infrastructure for investors are vital for attracting inward FDI into any nation, including those in the GCC. This research would benefit various stakeholders, including governments, local businesses, investors, academia, and the local society, by providing valuable knowledge and informing decision-making processes related to economic development, diversification, and investment promotion.

In 2020, the United Arab Emirates had 16.24 percent contribution from travel and tourism to its gross domestic product (GDP). Both the oil and non-oil sector in the UAE suffered from a recession during the year, however, the Expo 2021 might support the economy's recovery and create job opportunities.

In 2023, the unemployment rate in the United Arab Emirates was at 2.15 percent of the total labor force. The unemployment rate depicts the share of a country's labor force without jobs but available and actively seeking employment. The United Arab Emirates’ unemployment rate is quite low, and the region has one of lowest amounts of unemployed persons worldwide. Oil-based economyOne of the most important economic centers of Western Asia, the United Arab Emirates’ gross domestic product (GDP) amounted to around 424.64 billion U.S. dollars in 2018. The United Arab Emirates’ economy is particularly reliant on oil exports, and it holds the seventh-largest proved oil reserves. Most reserves are located in Abu Dhabi in a combination of offshore and onshore locations. UAE populationDue to the profitable nature of the petroleum industry and a relatively small population, the country has one of the highest GDP per capita rates in the world, at over 40,700 U.S. dollars in 2018. The country’s population is mostly comprised of expatriate workers, the majority of whom who have cultural backgrounds from South Asia, Egypt, and the Philippines. Most of the country’s population fall between the ages of 15 and 64 years.