Media Center
DATA FOR A BETTER FUTURE
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, affirmed that the UAE continues, under the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, to advance its development journey and solidify its position as a global model of competitiveness and excellence across all sectors.
His Highness said, “Under the leadership of Sheikh Mohamed bin Zayed, the UAE continues to affirm its place among the world’s most competitive nations. The IMD World Competitiveness Yearbook 2026 ranks us 5th globally, 1st in Economic Performance, 1st across 21 indicators, including Bureaucracy, Adaptability of Government Policy and in the top 5 globally across 67 indicators.”
His Highness added, “These results are the product of a national vision, capable institutions and teams across every sector who perform and deliver. Competitiveness for us is not a ranking to chase; it is a standard we set for ourselves every day. It is what raises the quality of life for our people, earns the confidence of the world, and confirms that the UAE is moving steadily towards a future of greater prosperity and leadership.”
His Highness affirmed that the UAE will continue to build on its position as a destination of choice for investors, a magnet for global talent and ambition, and a genuine partner for entrepreneurs and innovators, noting that the results are a testament to the strength and adaptability of the UAE’s development model.
The UAE’s performance in the IMD World Competitiveness Yearbook 2026, published by the World Competitiveness Centre at the International Institute for Management Development in Lausanne, Switzerland, places the country in the top 10 globally across 118 indicators and within the top 5 globally in 67 key criteria and sub-factors.
The country ranked 1st globally in 21 indicators, most notably Bureaucracy, Adaptability of Government Policy, Employment, International Experience, National Culture, Value System, and Quality of Air Transportation.
The UAE ranked 2nd globally in Citizen Trust in AI, Creation of Firms, Females in Parliament, and Management of Cities. It ranked 3rd globally in Image Abroad or Branding, Society’s Access to AI, Tourism Receipts, Exports of Goods and Energy Infrastructure, and 4th globally in Government Efficiency, Companies Investment in AI, and Legal and Regulatory Framework.
The results reflect the progress the UAE has achieved across labour markets, innovation, digital transformation, infrastructure, education and government policy, reinforcing its competitive standing at both regional and global levels.
The IMD World Competitiveness Yearbook is one of the world’s most authoritative references for measuring national competitiveness. The 2026 edition covers 70 economies and draws on statistical data and executive opinion surveys from the global business community to assess how effectively countries manage their resources and deliver sustainable prosperity.
The Yearbook is structured around four main factors: Economic Performance, Government Efficiency, Business Efficiency and Infrastructure, and encompasses 20 sub-factors and 342 competitiveness criteria spanning economic, administrative and social dimensions.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, affirmed that the UAE continues, under the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, to advance its development journey and solidify its position as a global model of competitiveness and excellence across all sectors.
His Highness said, “Under the leadership of Sheikh Mohamed bin Zayed, the UAE continues to affirm its place among the world’s most competitive nations. The IMD World Competitiveness Yearbook 2026 ranks us 5th globally, 1st in Economic Performance, 1st across 21 indicators, including Bureaucracy, Adaptability of Government Policy and in the top 5 globally across 67 indicators.”
His Highness added, “These results are the product of a national vision, capable institutions and teams across every sector who perform and deliver. Competitiveness for us is not a ranking to chase; it is a standard we set for ourselves every day. It is what raises the quality of life for our people, earns the confidence of the world, and confirms that the UAE is moving steadily towards a future of greater prosperity and leadership.”
His Highness affirmed that the UAE will continue to build on its position as a destination of choice for investors, a magnet for global talent and ambition, and a genuine partner for entrepreneurs and innovators, noting that the results are a testament to the strength and adaptability of the UAE’s development model.
The UAE’s performance in the IMD World Competitiveness Yearbook 2026, published by the World Competitiveness Centre at the International Institute for Management Development in Lausanne, Switzerland, places the country in the top 10 globally across 118 indicators and within the top 5 globally in 67 key criteria and sub-factors.
The country ranked 1st globally in 21 indicators, most notably Bureaucracy, Adaptability of Government Policy, Employment, International Experience, National Culture, Value System, and Quality of Air Transportation.
The UAE ranked 2nd globally in Citizen Trust in AI, Creation of Firms, Females in Parliament, and Management of Cities. It ranked 3rd globally in Image Abroad or Branding, Society’s Access to AI, Tourism Receipts, Exports of Goods and Energy Infrastructure, and 4th globally in Government Efficiency, Companies Investment in AI, and Legal and Regulatory Framework.
The results reflect the progress the UAE has achieved across labour markets, innovation, digital transformation, infrastructure, education and government policy, reinforcing its competitive standing at both regional and global levels.
The IMD World Competitiveness Yearbook is one of the world’s most authoritative references for measuring national competitiveness. The 2026 edition covers 70 economies and draws on statistical data and executive opinion surveys from the global business community to assess how effectively countries manage their resources and deliver sustainable prosperity.
The Yearbook is structured around four main factors: Economic Performance, Government Efficiency, Business Efficiency and Infrastructure, and encompasses 20 sub-factors and 342 competitiveness criteria spanning economic, administrative and social dimensions.
The UAE’s GDP grew by 6.2% in 2025, compared to 2024 according to figures released by the Federal Competitiveness and Statistics Centre, reaching AED 1.9 trillion, while Non-oil GDP recorded strong growth of 6.8% over the same period, reaching AED 1.5 trillion.
Commenting on the results, H.E. Abdulla bin Touq Al Marri, Minister of Economy and Tourism, said: “The national economy continues to deliver exceptional performance under the leadership and guidance of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and with the support of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.” He noted that the positive indicators reflect the success of the UAE’s economic model in building one of the world’s most dynamic, competitive, and diversified economies. He added that the sustained expansion of non-oil sectors and the growing contribution of emerging industries reflect steady progress towards the objectives of the “We the UAE 2031” vision.
“The UAE’s agile economic policies, guided by our leadership’s future-oriented vision and proactive response to global developments, have accelerated the diversification of the national economy, strengthened its competitiveness and sustainable growth, and supported the transition towards a more diversified economic structure. This further enhances the UAE’s position as a global hub for the new economy, expands its appeal as a destination for investment and business, and promotes its resilience and ability to adapt to international shifts. These achievements have been supported by a flexible business environment, advanced legislation, and a broad network of global economic partnerships,” H.E. added.
For her part, H.E. Hanan Mansour Ahli, Managing Director of the Federal Competitiveness and Statistics Centre, stated that the strong economic performance recorded in 2025 reflects the success of the UAE’s development and economic policies in promoting economic stability and enhancing the competitiveness of key sectors. She highlighted the UAE’s continued efforts to develop its legislative framework, foster economic diversification, build a flexible and attractive business ecosystem, enhance infrastructure, and invest in key economic sectors.
“The UAE continues to promote its future economic readiness through investment in the digital economy, technology and innovation, while developing an integrated economic ecosystem that supports long-term growth and reinforces the country’s position as a global hub for business and investment,” H.E. added.
Key economic sectors demonstrated strong performance in 2025, with construction leading at 11.1%, followed by financial and insurance (10.4%), real estate (7.9%), and transport and storage (7.8%).
In terms of non-oil GDP contributions, trade accounted for the largest share at 16.9%, followed by financial and insurance activities (13.2%), construction (12.9%), and manufacturing (12.8%), reflecting the diversity of the national economy.
The results reflect the efficiency of the national statistical system in providing accurate and reliable economic data to support policymaking and informed decision-making.
National statistical entities continue to implement an integrated programme to modernise economic statistics, enhance data quality and integration, and align outputs with international standards and best practices. This supports the UAE’s ability to keep pace with economic transformation and strengthen future readiness.
Results reflect the vision of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and the continued guidance and efforts of His Highness Sheikh Mohammed bin Rashid Al Maktoum in advancing government excellence.
- First globally in government innovation, strategic prioritisation, and adaptability in executing plans and strategies
- Second globally in leadership and foresight
- Second globally in government services satisfaction, employment indicators, and adaptability
- Third globally in long-term vision and institutional coordination
In a renewed affirmation of the success of its development model built on proactiveness, adaptability, and future readiness, the UAE Government has further strengthened its global standing by securing its position among the world’s top 10 in the 2026 Chandler Good Government Index (CGGI).
This achievement reflects the vision of the UAE’s leadership in building a future-focused government grounded in innovation, institutional excellence, and adaptability to global transformations. It further reinforces the country’s position as a global model for modern governance.
The UAE’s advanced performance highlights the success of its government approach in transforming national ambitions into tangible global achievements. This is driven by the development of an integrated government ecosystem that combines effective policymaking, economic competitiveness, wellbeing, and investment in people. The approach aligns with the objectives of the “We the UAE 2031” vision and strengthens the UAE’s global standing as a trusted partner and a hub for shaping the future.
The UAE’s progress in the Chandler Good Government Index – one of the world’s most comprehensive benchmarks for assessing government effectiveness across 133 countries, underscores the strength of its governance model. This model is built on proactiveness, speed of delivery, government agility, and readiness to navigate global changes, alongside the ability to create opportunities while consistently achieving leading global results.
His Excellency Mohammad Abdullah Al Gergawi, Minister of Cabinet Affairs, stated:
“Guided by the vision of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and under the leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the UAE has succeeded in redefining the concept of government work globally through a model based on speed of achievement, operational excellence, and continuous readiness and agility in decision-making and development.
“The UAE leadership did not settle for building a traditional government that manages the present, but instead established a government that shapes the future, creates opportunities, anticipates change, and transforms global challenges into new pathways for growth and development. International indicators reflect the position the UAE has attained as one of the world’s most efficient, agile, and effective governments. This achievement embodies a leadership vision that places people at the centre of progress and recognises that shaping the future requires innovative thinking, proactive action, and a culture that knows no limits. What has been achieved is the result of national teams that have made excellence a daily approach and innovation a way of working, positioning the UAE as a global benchmark in building the governments of the future.”
The UAE achieved advanced results, ranking first regionally and across the Arab world in good governance. It also topped several global indicators, ranking first worldwide in government innovation, strategic prioritisation, and adaptability in executing plans and strategies, reflecting the efficiency of its governance model in anticipating the future and translating vision into tangible outcomes.
The UAE also ranked second globally in government services satisfaction, adaptability, and employment indicators, demonstrating the success of its policies in enhancing wellbeing, improving service efficiency, empowering national talent, and attracting global talent. Furthermore, it ranked third globally in long-term vision and institutional coordination indicators, reflecting the strength of its government model based on institutional integration, long-term strategic planning, and the ability to develop flexible policies that keep pace with global changes and accelerate government performance.
The UN Statistical Commission has selected the UAE to join the Advisory Board on the Fundamental Principles of Official Statistics, marking a significant milestone, the first of its kind in the region. The selection reflects growing global confidence in the UAE’s leadership in developing statistical systems and strengthening data governance at the international level.
The UAE’s selection to the Advisory Board was announced during the country’s participation in the 57th session of the United Nations Statistical Commission, held in New York from 3–6 March. The event represents the world’s largest international gathering of experts in statistics and data science, bringing together heads and directors of national statistical offices and data authorities from around the world, alongside academics, experts, and advisors from UN bodies and international organizations.
The UAE’s membership on the Advisory Board marks a significant milestone in its global leadership, particularly as it follows the country’s election to the United Nations Statistical Commission for the 2025–2028 term, making it the only Arab country currently serving on the Commission in a historic first since the Commission’s establishment in 1946.
The UAE delegation included government leaders from the Federal Competitiveness and Statistics Centre (FCSC), the Sharjah Department of Statistics and Community Development, and the UAE’s National Anti-Money Laundering and Combatting Financing of Terrorism and Financing of Illegal Organisations Committee.
International Expertise and a UN Governance Mechanism
The Advisory Board, established in line with the outcomes of the previous session of the UN Statistical Commission, is a high-level UN mechanism dedicated to reinforcing global commitment to the Fundamental Principles of Official Statistics. It aims to enhance the reliability, transparency, and independence of data amid the rapidly evolving global data ecosystem.
The Board brings together a distinguished group of international experts and specialists in official statistics, including five members from the United Nations Statistical Commission who serve on the Board throughout their Commission membership. This structure ensures a direct institutional connection to UN decision-making mechanisms and strengthens integration between technical and strategic levels.
The Board’s priorities focus on institutionalizing the Fundamental Principles as a reference framework for national statistical systems and promoting their adoption through high-level international strategic dialogue. It also supports the readiness of national systems to adapt to digital transformation, including the management of big data, the use of AI technologies, and the enhancement of data source interoperability. In addition, the Board contributes to the development of future statistical standards and practices, reinforcing global trust in official statistics and keeping pace with the evolution of the international data landscape.
Hanan Ahli: A More Integrated, Resilient, and Future-Ready Global Statistical System
Her Excellency Hanan Mansour Ahli, Managing Director of the Federal Competitiveness and Statistics Centre (FCSC), welcomed the UAE’s selection to the Advisory Board, affirming that the UAE Government will leverage its membership to support the practical implementation of the Fundamental Principles of Official Statistics.
She noted that the UAE will share its expertise in data harmonization and enhancing the quality of official statistics, while contributing to the development of governance frameworks that keep pace with digital transformation and ensure responsible and secure use of technology. She also emphasized strengthening collaboration and capacity-building through knowledge exchange, contributing to the establishment of a more integrated, resilient, and future-ready global statistical system that supports sustainable development priorities.
H.E. added that the UAE’s participation in the 57th session of the United Nations Statistical Commission, during its membership for the 2025–2028 term, reflects the country’s commitment to advancing a national statistical system built on reliability, governance, and integration. She highlighted the importance of transforming official statistics into a strategic enabler for policymaking, improving wellbeing, supporting sustainable growth, and strengthening data integration among relevant entities to enhance national indicators and support evidence-based policies.
She stated: “The UAE’s membership in the United Nations Statistical Commission represents a strategic milestone in the development of the national statistical work. We are working to move from data production to maximizing its impact in strategic foresight through an integrated statistical system built on governance, transparency, and advanced technologies; enhancing competitiveness, supporting sustainability, and reinforcing the UAE’s position as a trusted international partner in developing the global statistical system.”
Active Participation and Distinguished Presence
During the meetings, the UAE delegation participated in several discussions and contributions addressing key statistical topics on the Commission’s agenda. These included the development of international statistical frameworks, updates to methodologies related to national accounts, social, demographic and health statistics, environmental and agricultural statistics, as well as business and trade statistics.
Discussions also covered data governance, the greater use of advanced technologies and artificial intelligence in statistical work, and strengthening the measurement of progress towards achieving the Sustainable Development Goals.
The UAE delegation emphasized the strategic importance of data governance in ensuring data quality, security, and usability, particularly in light of the growing reliance on non-traditional data sources and emerging technologies. The delegation also welcomed continued technical cooperation and knowledge exchange with international and regional partners to enhance the reliability of national statistics and their comparability at the international level.
These efforts also contribute to developing global databases and strengthening coordination and effective governance through the work programs of technical teams, supporting coherent and integrated implementation at both national and international levels.
It is worth noting that the United Nations Statistical Commission, established in 1946, is the highest international body responsible for developing the global statistical system. It plays a central role in decision-making related to statistical work, developing international statistical standards, supporting statistical systems in member states, and coordinating statistical activities among countries and international organizations. The Commission comprises 24 members elected by the United Nations Economic and Social Council, representing different regions of the world.
His Excellency Abdulla bin Touq Al Marri, Minister of Economy and Tourism, announced that the UAE’s GDP grew by 5.1% during the first 9 months of 2025, as compared to the same period in 2024, reaching approximately AED 1.4 trillion. His Excellency emphasized that this growth reflects the success of the UAE’s economic policies, driven by the vision and direction of the wise leadership, further reaffirming the UAE’s position as a leading global economic power and an attractive destination for business and investment.
“These positive results, issued by the Federal Competitiveness and Statistics Centre, indicate the achievement of new levels of growth and competitiveness,” H.E. added. “Non-oil GDP recorded a 6.1% growth during the first 9 months of 2025 compared to the same period in 2024, exceeding AED 1 trillion in value. This reflects the continued development of the UAE’s economic model, built on diversification, knowledge, innovation, and the development of a robust and competitive legislative and economic environment,” he noted.
H.E. the Minister stated that: “These results shed light on the strong performance of non-oil sectors and their pivotal role in achieving the economic objectives of the ‘We the UAE 2031’ vision, which aims to double the country’s GDP to AED 3 trillion and position the UAE as a leading global hub for the new economy over the next decade.”
Her Excellency Hanan Mansour Ahli, Managing Director of the Federal Competitiveness and Statistics Centre (FCSC), stated that GDP indicators for the first 9 months of 2025 reflect the advancement the national economy has reached, driven by integrated government policies and the efficiency of the national data and statistics ecosystem.
“This strong performance reflects the competitiveness of the UAE’s economic model based on diversification, innovation, and investment in human capital, reinforced by policy integration and strategic planning supported by accurate and reliable statistics,” she said.
She further noted that the continuous development of the national statistical system, alongside the use of advanced technologies and artificial intelligence in analyzing economic indicators, has enhanced policy efficiency and promoted the UAE’s ability to achieve its development objectives.
Fastest-Growing Sectors Drive Economic Transformation
Results from the FCSC showcased the UAE’s success in consolidating a balanced and sustainable economic model based on diversification, productivity enhancement, and increasing value-added across vital sectors. This performance reflects the resilience of the UAE’s economic foundations and its capacity to sustain growth amid global economic shifts and challenges, supported by resilient economic policies, advanced infrastructure, and a competitive legislative ecosystem.
The finance and insurance sector recorded the highest growth rate during the first 9 months of 2025 compared to the same period last year, achieving 9% growth. It was followed by the construction sector at 8.7%, real estate at 7.9%, and manufacturing industries at 6.9%.
In terms of sectoral contribution to non-oil GDP, the trade sector ranked first with a 16.1% share, followed by manufacturing industries at 13.9%, finance and insurance at 13.5%, construction at 11.9%, and real estate activities at 7.9%.
UAE Leadership Promotes GCC Economic Integration
GCC economies recorded positive economic performance across key sectors during the first 9 months of 2025. The UAE led this advanced performance, reaffirming the effectiveness of the targeted national policies in supporting a diversified and sustainable economic model.
This progress reinforces the UAE’s position as a key driver of regional growth and a trusted international economic partner, contributing to strengthening GCC economic integration and advancing balanced development pathways that promote stability and prosperity across the region.
During Abu Dhabi Sustainability Week, the Supreme Council for Motherhood and Childhood, in collaboration with the National Committee on the Sustainable Development Goals (SDGs), and in strategic partnership with the United Nations Children’s Fund (UNICEF), launched the “Sustainability Club which is a pioneering national initiative. The launch forms part of the UAE’s ongoing efforts to translate its commitment to empowering younger generations and strengthening their role in achieving the SDGs by 2030.
The initiative aims to empower children and position them as active leaders in raising awareness and implementing community-based activities aligned with the 17 SDGs. Seventeen children have been selected, each representing one of the Goals, and will be equipped with the knowledge and skills needed to lead awareness campaigns and community initiatives within their schools and wider communities. Through this approach, the initiative seeks to embed the concept of sustainability through a child’s perspective into national action.
H.E. Abdulla Nasser Lootah, Assistant Minister of Cabinet Affairs for Competitiveness and Experience Exchange and Chair of the National Committee on the SDGs, stated that the launch of the Sustainability Club reflects the UAE’s approach to investing in people and building capabilities from an early age, positioning children as genuine partners in the nation’s development journey and future-shaping efforts.
H.E. Lootah said: “Empowering children to understand the Sustainable Development Goals and actively contribute to achieving them is a long-term strategic investment that ensures sustainable impact and enhances national readiness for the future. For us, children are not merely beneficiaries of the sustainability agenda; they are leaders who carry its values and translate them into on-the-ground community practices.”
He added: “At the National Committee on the Sustainable Development Goals, we are committed to fostering an enabling environment that empowers children to express themselves, take initiative, and participate meaningfully. This enhances their early awareness of national and global issues. The Sustainability Club stands as a leading national model that reflects the UAE’s commitment to building a conscious, responsible generation capable of contributing effectively to the achievement of the Sustainable Development Goals.”
H.E. Rym Abdulla Al Falasy, Secretary-General of the Supreme Council for Motherhood and Childhood, emphasized that the UAE’s sustainability story has been written by its people, families, and the values passed down across generations. These values, she noted, have become integral to how children are raised, how they frame their questions, and how they envision their country’s future.
She cited the words of the late Sheikh Zayed bin Sultan Al Nahyan: “Future generations will be living in a world that is very different from that to which we are accustomed. It is essential that we prepare ourselves and our children for that new world.”
She added: “Her Highness Sheikha Fatima bint Mubarak, ‘Mother of the Nation,’ Chairwoman of the General Women’s Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation (FDF), consistently directs that children’s wellbeing remain at the core of the development journey. These directives serve as a guiding beacon for the Council’s work, informing every policy review, national consultation, and future framework.”
Al Falasy explained that the Sustainability Club is distinguished by both its simplicity and its ambition. Seventeen children represent the 17 global goals, with each child leading a small initiative within their school or community, transforming ideas into habits, lessons into practices, and responsibility into pride.
“We are not asking children to carry global burdens; rather, we are giving them space to care, to experiment, to express themselves, and to have their voices heard. Sustainability becomes truly meaningful when it is tangible, whether through a child saving water at school, planting a tree with classmates, telling a story about justice, or questioning the importance of waste management. Such actions create real impact and shift the dialogue from conference halls to family dining tables, becoming part of everyday life.”
She concluded by affirming that the Sustainability Club is, at its core, an invitation to empower children to shape the future with their own voices.
In turn, Lana Al Wreikat, UNICEF Director for the GCC stated that the Sustainability Club reflects the UAE’s vision to build an aware generation capable of leading the future with confidence and responsibility. She noted that the Club seeks to empower children to become active contributors, not merely beneficiaries of development by engaging them in sustainability issues such as climate action, social responsibility, and artificial intelligence from an early age. She emphasized that investing in children’s capabilities and values forms the foundation for building more cohesive and innovative societies in the future.
The Sustainability Club:
The Sustainability Club initiative adopts a phased programme that begins with an introductory announcement, followed by preparation and planning, member selection, and comprehensive capacity-building. It then moves into the implementation of social initiatives led by participating children, alongside ongoing follow-up and impact measurement to track progress and outcomes. This structured approach is designed to ensure the sustainability of results and alignment with SDG indicators.
The initiative builds on the UAE’s continued efforts to embed a culture of sustainability, strengthen national and international partnerships, and reinforce its position as a global model for engaging children in advancing the international sustainable development agenda.
H.E. Abdulla bin Touq Al Marri: Under the wise leadership’s vision, the UAE has built an innovative economic model based on global best practices. The continuous growth of the national economy reflects the success of the UAE’s economic diversification policies.
We remain committed to achieving the goals of “We the UAE 2031”, aiming to expand the UAE’s GDP to AED 3 trillion by the next decade and securing the UAE’s position as a global hub for new economy.
Hanan Ahli: The UAE’s robust economic performance is backed by a clear future-oriented vision focused on sustainable economic growth.
Additional Subtitles:
• UAE’s real GDP reaches AED 1.322 trillion
• Non-oil GDP reaches AED 987 billion
• Contribution of non-oil sectors to real GDP is 74.6%
• Top-growing sectors: Transport, construction, finance, government, and hospitality
• Leading contributors to non-oil GDP: Trade, manufacturing, finance, construction, and real estate
• Nominal GDP reaches AED 1.486 trillion (6% growth)
• Nominal non-oil GDP reaches AED 1.136 trillion (6.6% growth)
The UAE has recorded significant growth in its real GDP by 3.8%, reaching AED 1.322 trillion in the first nine months of 2024, compared to the same period in 2023. Meanwhile, non-oil GDP expanded by 4.5% to AED 987 billion, accounting for 74.6% of total real GDP, while oil-related activities accounted for 25.4%.
Commenting on this performance, H.E. Abdulla bin Touq Al Marri, Minister of Economy, emphasized that the UAE’s sustained economic growth is a testament to the success of its policies and strategies aimed at enhancing economic diversification, streamlining business operations, and driving the expansion of new economy sectors as key drivers of sustainable economic and social development. He highlighted that, under the leadership of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and the guidance of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, the UAE has built an agile and globally competitive economic model capable of adapting to global challenges and rapid changes.
“The UAE continues to increase the contribution of non-oil sectors to the national economy by developing flexible economic legislation, enhancing global trade openness, and building strategic partnerships with key international markets. These efforts align with the “We the UAE 2031” vision, which aims to grow the UAE’s GDP to AED 3 trillion within the next decade and secure its position as a global economic hub,” H.E. bin Touq added.
Hanan Ahli, Managing Director of the Federal Competitiveness and Statistics Centre, stated: “The UAE’s GDP growth over the past nine months reflects our strong economic performance and future-driven vision focused on sustainable economic expansion, led by non-oil sectors.”
“Economic diversification remains a key pillar of the UAE national strategy, ensuring long-term growth in the economy and in key economic and development indicators,” she emphasized.
Top-Growing Economic Sectors
During the first nine months of 2024, the UAE’s fastest-growing economic sectors showcased remarkable expansion compared to the same period in 2023. The transport and storage sector experienced a significant growth of 7.9%, largely driven by a surge in passenger traffic at UAE airports, which welcomed over 103 million travelers, marking a 20% increase. Similarly, the construction and building sector expanded by 7.4%, fueled by substantial investments in large-scale urban infrastructure projects. The financial and insurance sector also saw steady growth, rising by 6.8%, while government activities expanded by 5.0%. Additionally, the hospitality and restaurant sector recorded a 4.9% increase, reflecting the continued momentum in the tourism industry.
When examining the key contributors to non-oil GDP, trade emerged as the largest sector, accounting for 16.5% of total non-oil economic output. Following closely behind, manufacturing contributed 15.1%, underscoring the UAE’s industrial strength. The financial and insurance sector played a crucial role, making up 12.1% of non-oil GDP, while construction and building activities contributed 11.7%, and the real estate accounted for 7.6%.
Overall, the UAE’s nominal GDP reached AED 1.486 trillion during the first nine months of 2024, reflecting an impressive 6% year-on-year growth. The nominal non-oil GDP also grew significantly, reaching AED 1.136 trillion, with a 6.6% increase. Notably, non-oil sectors contributed 76.5% to the total GDP, further highlighting the UAE’s progress in economic diversification and sustainable growth.
The UAE, represented by the Federal Competitiveness and Statistics Centre (FCSC), participated in the 17th Meeting of Heads of National Statistical Offices of BRICS, held in Fortaleza, Brazil. The meeting saw the participation of high-level delegations as part of the Triple International Forum on Global South Governance.
The meeting focused on vital topics aimed at strengthening statistical cooperation among BRICS countries. Discussions included the production of digital age indicators, exchange of national experiences in economic development, poverty reduction, climate change mitigation, international statistical training, and joint publications such as the Joint Statistical Publication (JSP) of the BRICS group. These efforts aim to strengthen statistical cooperation frameworks, paving the way for further integration in data production and support for development policies within the group’s countries.
Hanan Ahli: UAE Supports Global Dialogue on Shaping a Data-Driven Future Enhanced by Statistical Innovation
Her Excellency Hanan Mansour Ahli, Managing Director of the Federal Competitiveness and Statistics Centre, affirmed that UAE’s participation reflects its commitment to supporting global dialogue on shaping a data-driven future, enhancing its governance through a flexible and comprehensive knowledge system that responds to national priorities and aligns with global trends. By leveraging statistical innovation tools and enhancing cognitive integration, the aim is to build more sustainable communities.
Hanan Ahli added, “We look forward to strengthening cooperation frameworks with BRICS countries through the UN Global Platform Regional Hub in the UAE, contributing to the development of indicators that reflect the digital age realities and support joint efforts and knowledge exchange in this vital field.”
The UAE delegation highlighted the importance of developing modern statistical tools that reflect digital transformations in national economies, reaffirming the country’s commitment to enhancing international partnerships in data and evidence-based policy support. The delegation also showcased UAE’s efforts in developing data infrastructure, enabling innovation in statistical work, and deploying modern technologies such as AI and big data to support sustainable development strategies.
The UAE delegation stated that enhancing coordination and aligning the Joint Statistical Publication (JSP) of the BRICS group with public policy requirements is necessary, focusing on the specific nature and development needs of the group’s countries to enhance the effectiveness of data in decision-making processes.
It is worth mentioning that BRICS Heads of National Statistical Offices Meetings serve as a high-level platform bringing together decision-makers and international experts in statistics and big data to exchange experiences, discuss opportunities for effective cooperation and partnerships, and explore the latest innovative practices in statistical work, contributing to the development of quality initiatives that support continuous assessment of evolving needs at regional and international levels.
50 Years of Unified UAE Numbers
The UAE … A Leading Competitive Model in Excellence, Innovation, and Future-Making
H. H. Sheikh Mohammed bin Rashid Al Maktoum Visits UAE Statistics Mural
The UAE National Data and Statistics Platform
Non-Oil GDP Grows by 6.1% in the First Nine Months of 2025
Emirati Women’s Day… From Numbers to Achievements, Driven by Your Vision
Close X
Date will get updated
test