Dubai's gross domestic product growth expanded 2.8 per cent to Dh389.4 billion last year against Dh378.8 billion in the previous year on the back of stronger growth in key sectors, according to the Department of Economic Development's (DED) Dubai Economic Report 2018.
The UAE economy grew at 0.8 per cent. Dubai’s Trade Openness index of 321 per cent (value of exports, imports and re-exports attributed to GDP) shows that the emirate ranks fourth in the world and first among Gulf and Arab nations. The emirate also ranked fourth among the world’s most visited cities in 2017, attracting 15.8 million visitors, or an annual increase of 6.7 per cent. Together, the visitors spent Dh109 billion in Dubai.