Abu Dhabi GDP up 9% in Q1 2018

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09-Aug-2018

The gross domestic product (GDP) of the emirate of Abu Dhabi grew to Dh223.6 billion in the first quarter of 2018, up 9 per cent to from Dh205.1 billion in the first quarter of 2017. In a statement released by Statistics Centre–Abu Dhabi (SCAD) on Saturday, Abu Dhabi’s oil GDP grew by 18 per cent to Dh86.6 billion during the first quarter of 2018, up from 73.4 in the first quarter of 2017, constituting 38.8 per cent of the emirate’s first quarter GDP. Non-oil GDP increased from Dh131.7 billion in the first quarter of 2017 to Dh136.9 billion in the first quarter of 2018, making up 61.2 per cent of the emirate’s GDP at current prices for the first quarter of 2018, compared with 64.2 per cent in the same period last year.

 

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