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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.
United Voices for 2045: UAE Launches a Global Survey to Shape the Future of Sustainable Development
Abdullah Lootah: Local Government Entities Play a Key Role in Supporting the National Strategy for Global Competitiveness
Dubai, 22 July 2019
The High Level Committee for Competitiveness, a specialized committee to monitor competitiveness at the federal and local levels in the UAE, held its first meeting for 2019 at the head office of the Federal Competitiveness and Statistics Authority (FCSA) in Dubai. The meeting was attended by members of the committee, including the Ministry of Interior, the Abu Dhabi Competitiveness Office in the Department of Economic Development- Abu Dhabi, Dubai Competitiveness Office, Ajman Statistics and Competitiveness Center, Sharjah Department of Statistics and Community Development, the Executive Council of the Government of Ras Al Khaimah and the Municipality of Dibba Al Fujairah.
H.E. Abdullah Nasser Lootah, Director-General of FCSA and Chairman of the High Level Committee for Competitiveness, chaired the meeting. He welcomed the members of the committee and emphasized on the vital role played by local entities in supporting the UAE’s competitiveness strategy. He also highlighted their essential role in raising awareness among the employees of the federal and local authorities on the concept of competitiveness.
"Our experience in working on the global competitiveness strategy which the UAE had launched in the last ten years proved that continuous cooperation among all federal and local government entities along with the private sector is essential to further improve the performance of the UAE on the global competitiveness indices," Lootah said.
He highlighted: "Through this committee, we will constantly cooperate with all our local partners to spread the culture of competitiveness as a way of thinking, and as a means of promoting the outstanding performance of the government to provide government services to individuals and institutions efficiently and according to the highest global standards."
In the meeting, the UAE’s competitiveness strategy was thoroughly reviewed, with much focus laid on the most important milestones achieved during the last ten years. . Attendees also tackled the details of several current and future projects and initiatives. The meeting highlighted the initiatives of "Ease of Doing Business in Local Emirates" in (Abu Dhabi and Ajman and Ras Al Khaimah), developed in coordination between the World Bank, FCSA and the relevant authorities in the three emirates.
In the meeting, the UAE’s competitiveness strategy was thoroughly reviewed, with much focus laid on the most important milestones achieved during the last ten years. . Attendees also tackled the details of several current and future projects and initiatives. The meeting highlighted the initiatives of "Ease of Doing Business in Local Emirates" in (Abu Dhabi and Ajman and Ras Al Khaimah), developed in coordination between the World Bank, FCSA and the relevant authorities in the three emirates.
Members of the committee emphasized the need to develop a shared vision for improving the UAE’s performance in several high-priority indicators in vital sectors. They also underlined the need to remain updated on the latest competitiveness reports, as well as the most recent laws and procedures that will serve the best interest of all emirates in their current and future competitiveness projects.
Based on a comprehensive report prepared
By the Federal Competitiveness and Statistics Authority
Dubai, 25 May 2020:The Organization for Economic Cooperation and Development (OECD) has recognized the determined efforts of the United Arab Emirates (UAE) in fighting the coronavirus pandemic and the effective measures taken by the country’s government to limit the fallout of the crisis on different areas, including social and economic sectors.
The commendation followed an ongoing analysis issued by the organization about the possible impact of the Covid-19 outbreak on countries around the world and the ability of their economic systems to deal with the crisis. The OECD’s Covid-19 Policy Hub includes a detailed explanation about the numbers of infected cases in each country and the respective measures they have taken to combat the outbreak.
The OECD based its assessment on a detailed report prepared by the Federal Competitiveness and Statistics Authority (FCSA), which includes the initiatives, efforts and strategic plans made by different government entities at the national level aimed at ensuring the health and safety of the community. Taking into consideration the continuity of work in vital sectors such as energy, education, healthcare, communication and government services, the FCSA report highlights the various steps taken by the UAE to halt the spread of the coronavirus, which includes launching awareness campaigns and implementing practical steps, both of which have served to reduce the number of infected cases.
“The high level of responsiveness and prompt decision-making has led to the swift implementation of national plans to deal with the current crisis and ensured administrative efficiency in all government entities. The level of resilience displayed is proof of the innovation of the government system, which works in perfect harmony and coordination under the guidance of the UAE leadership to serve the country’s sustainable development goals,” said H.E. Abdulla Nasser Lootah, Director General of the FCSA.
“The current crisis has created a real and ongoing challenge. The United Arab Emirates has been able to reduce the fallout from the pandemic in all sectors, thanks to the leadership’s strategy of investing in national qualifications and providing the country’s human capital with all the technical and smart tools to ensure success. Today, we reap the benefits of this investment and are proud of the national integrated team who deserve full praise because of their efforts and ability to collaborate professionally with the OECD – a prestigious global organization,” H.E. Lootah continued.
More achievements
“We are keen to develop an integrated infrastructure for the national statistics system and to continuously update a comprehensive database that enables us to prepare detailed reports and studies that serve to advance the position of the United Arab Emirates on various global competitiveness indicators, in line with the directions of the prudent leadership,” H.E stressed.
“We are proud of the praise from the OECD regarding the United Arab Emirates’ efforts and its efficiency in dealing with the coronavirus pandemic. We invite all government entities to redouble their cooperation and coordination efforts across all domains to achieve greater successes and make qualitative advances for the country in all sectors and across different indicators,” H.E concluded.
For His part, Andreas Schaal, Director of Global Relations, OECD, said : ““ The Covid-19 crisis has bluntly reminded us that, as our countries form part of a global interconnected community, international cooperation has never been so important. The UAE has proven to be an important and innovative partner, as we collectively strive to develop the most effective policies to address such an unprecedented crisis. Looking forward, we are convinced that the United Arab Emirates can play an important role in converting this crisis into an opportunity for the MENA region, and we welcome working with the UAE to make this possible.”
On the level of measures
As part of the OECD’s response to the pandemic, a Digital Hub on Tackling the Coronavirus (COVID-19) was launched to provide countries with timely and comprehensive information on policy responses around the world, together with OECD advice, in some cases. Specifically, the Country Policy Tracker is a repository of policy responses and measures from over 90 countries which allows citizens and policy makers to explore the actions taken by each country as we advance through the crisis towards recovery. Beyond immediate responses.
The Digital Hub aims to provide analysis on the longer-term consequences and impacts, paving the way to recovery with coordinated policy responses across countries. OECD analysis underpins the need for decisive action and a coordinated response by governments to kick-start the economy when possible, support the recovery and maintain a lifeline to people. In this way.
The OECD hopes to help governments learn from each other in real time, facilitate co-ordination, and contribute to the necessary global action when confronting this enormous collective challenge.
The United Arab Emirates’ efforts have been recognized and included within the indicator, due to its strategic partnership with the Organization for Economic Cooperation and Development. The countries included in the measures’ indicator include the Kingdom of Saudi Arabia (a member of the G20 group), Morocco and Egypt (which have a special cooperation known as Country Programmes), in the addition to Tunisia and the United Arab Emirates, which has a close relationship with the Organization through a Memorandum of Understanding.
Innovative efforts
The report issued by the FCSA highlights the efforts of the UAE government in dealing with the crisis on several levels, including containing the spread of the virus through quarantine and movement restrictions, the application of a distance learning system for university and school students, cancelling public events, curtailing air travel and suspending certain economic activities.
The report explains that the efforts to contain the virus are accompanied by a series of supportive, economic stimulators and commercial growth measures for individuals and companies in order to ensure business continuity. These include the launch by the Central Bank of the United Arab Emirates of two plans worth AED 256 billion, comprising AED 100 billion to support the economic growth of the retail sector and affected companies, and AED 156 billion to support the national economy. It also draws attention to the Abu Dhabi government’s AED 9 billion support plan and the Dubai government’s economic incentive package worth AED 1.5 billion. Other initiatives highlighted in the report include the United Arab Emirates Cabinet approving federal government financial stimulus packages worth AED 16 billion to support business continuity on top of previously announced economic incentive packages.
The FCSA report outlines that the economic measures have been accompanied by supportive healthcare measures. These include the conducting of the largest number of examinations on the population level compared to the other countries, with the tests ongoing on a daily basis and contributing to the detection of many cases. It also highlights the establishment of 13 drive-in testing centres across the UAE and a number of field hospitals that have been opened to ensure the highest levels of health and safety.
The FCSA report also includes the measures taken to reduce burdens on the private sector, with the various financial stimulus packages amounting to AED 86 million. These include extending automatically expired residencies for employees and workers for a period of three months, cancelling administrative fines for expired permits until the end of the current year, and reducing electricity and water services fees for dealers in the tourism, hospitality and trade sectors by 20% for a period of three months. It concludes with a reference to the regulatory measures taken to raise awareness of preventive measures and to preserve mental wellbeing in society.
Completion of over 50% of the Household Income and Expenditure Survey-2019 Project
Dubai, 17 July 2019
The Federal Competitiveness and Statistics Authority (FCSA) recently announced the completion of over 50% of the Household Income and Expenditure Survey-2019 project.
More than 50% of the Household Income and Expenditure Survey-2019 project have been concluded, Federal Competitiveness and Statistics Authority (FCSA) has recently announced.
The project witnessed a participation of a sample of 20,500 households distributed across all the seven emirates of the UAE. It is being conducted in cooperation with the Ministry of Community Development (MoCD) and local statistics centers.
Recent statistics data collected by the management team show that 89% of the sample contacted (9628) participated in the Household Income and Expenditure Survey-2019.
Her Excellency Hessa Bint Essa Buhumaid, Minister of Community Development, highlighted the importance of households’ participation in this integral project. “The implementation of the Household Income and Expenditure Survey Project is aligned with the strategic goals of the MoCD. This project was developed to meet the directives of our wise leadership in sustaining economic development and social growth for all UAE residents.”
Her Excellency added: “The results of the survey are one of the pillars supporting the implementation of the quality of life strategy in the UAE based on accurate and up-to-date data reflecting the current realities of households’ income and expenditure in UAE. Such data is meant to be a knowledge base that makes it possible for decision-makers to develop informed social policies and launch initiatives. This project also promotes collaboration between government entities and private sector institutions to further improve the living standards of individuals and households in several aspects, most importantly education, health, and housing. Such achievements are substantial proofs that the UAE is moving forward on the right track to be the “home of happiness”.
Her Excellency pointed out: “We are proud of the work achieved by the survey team thus far, considering the set plan in terms of time and achievement. I want to thank all the professionals and administrators involved in this project and commend the efforts of the households who cooperated in providing data; helping achieve the survey targets.”
Confirming the efficiency of the survey activities being conducted as per the timeline of the project, H.E. Abdullah Lootah, FCSA Director-General, highlighted that the survey team involved almost 450 researchers, observers, supervisors, experts, technicians, and administrators in partnership with local statistics centers. He also indicated that this is over and above the FCSA administrative teams and local statistics centers that provide the human and technical capabilities to support the project team.
He hailed all the efforts exerted by all teams under hard conditions. “I avail this opportunity to thank all teams for their devotion and dedication, particularly the field teams who sometimes were obliged to work under severe weather conditions,” Lootah said.
On the participation of households, he said: “I look forward to seeing a greater interaction from all households contacted by the field survey teams, and more cooperation in providing accurate data to the teams. Our teams strongly believe the importance of the survey’s success and usefulness to everyone who lives in the UAE. They are working round the clock tirelessly to ensure the completion of the project according to the timeline.
Qualified Teams
In addition to the FCSA administrative teams and the local statistics centers that provide the human and technical capabilities to the work team, a group of observers, supervisors, researchers, is conducting the survey and experts distributed across all the emirates. All field teams have undergone intensive training, to be equipped with latest advanced field tools and methodologies such as geo-spatial positioning systems, mobile applications on handheld devices, and other advanced techniques and modern statistical methods to ensure accuracy and quality of results.
The survey will help extract more than 115 key indicators, such as the basket of goods and services, consumer price indices, cost of living index, and price indices to help assess the standard of living of families.
The survey also provides updated data on the demographics, social, and economic characteristics of individuals and households in the UAE, which help in linking them to income and expenditure indicators. The survey will help update the base years of statistical indicators of inflation rates considering that the periodicity of survey implementation extends to five years, and provides seasonal coverage of households’ income and expenditure rates.
Moreover, the survey aims to provide a wide range of data and information to help decision-makers plan and develop informed initiatives and programs by examining various living standards and measuring the level of well-being and quality of life in the UAE.
This survey helps to identify behavior and patterns of the individuals’ consumption and changes in consumption patterns due to a change in their income. It also aims to provide relevant and most recent data that serves the demographic, social, and economic aspects. Likewise, it also aims to provide data that sheds a spotlight on the most critical indicators of consumption patterns, along with the social and economic conditions of the different segments of the UAE society.
The size and distribution of the sample were designed following the appropriate statistical and scientific methodologies by teams of experts in FCSA and local statistics centers to ensure achieving high levels of accuracy. The sample was distributed across the seven emirates by using the sampling method proportional to the size of the number of the Emirati and Non-Emirati households in each emirate.
The Most Important Survey
The Household Income and Expenditure Survey is one of the most important international surveys in the statistics system. It is the biggest and most comprehensive survey after the National Census Survey in terms of significance and data availability. This survey has been designed to measure a large number of indicators that reflect the social and economic levels of households, Results of this survey will assist decision-makers to draft development and economic policies and plans intended for improving the standards of living and achieving stability and prosperity.
New York, Dubai- 9th March 2020:
In a step to affirm the UAE’s strenuous efforts to achieve the Sustainable Development Goals (SDGs) at the international and local levels, H.E. Amina Mohammed, Deputy Secretary-General of the United Nations, held a meeting with H.E. Abdullah Nasser Lootah, Director-General of the Federal Competitiveness and Statistics Authority (FCSA) and Deputy Chairman of the UAE’s National Committee on SDGs, leading a delegation representing the UAE to discuss the SDGs and opportunities to enhance cooperation efforts to achieve them.
The attendees tackled several relevant topics on SDGs while focusing on the state-of-the-art technical trends, strategic partnerships, the youth’s pivotal role, and the importance of supporting the implementation of data-based sustainable development initiatives around the world.
In this connection, H.E. Reem Bint Ibrahim Al Hashemi, Minister of State for International Cooperation Affairs and Chairperson of the National Committee on the Sustainable Development Goals hailed the UAE Government efforts at the international and local levels to achieve the SDGs 2030.
“The UAE’s commitment to supporting global efforts to achieve SDGs is entirely consistent with the legacy of the late Sheikh Zayed bin Sultan Al Nahyan, may God rest his soul in peace, to build a sustainable future for future generations. This legacy is based on the optimal management of our resources to serve the best interest of the UAE’s development and prosperity and the world at large,” H.E. Reem stated.
H.E. Al Hashemi added: “Supporting the SDGs has been a fundamental pillar of the UAE journey that started generations ago. This has established its position as a role model in development and prosperity and creating a better future for generations to come. Today, the UAE is taking the lead in combining development policies and strategies with these global goals.”
H.E. Amina Mohammed stated, "It gives me an eminent pleasure to meet again with the UAE delegation. The UAE has always been a UN member committed to supporting global efforts to achieve SDGs. It is such a meeting to help highlight the extent of UAE leadership’s belief in the active role of coordination and consultation at the international level to achieve a prosperous future for the generations to come.
H.E. Amina said: “We are pleased with the United Nations to exchange expertise, experiences, and data with the UAE delegation. Indeed, the UAE is leading the efforts dedicated to adopting innovation and technology to achieve the SDGs.”
On his part, Lootah stated: “We are visiting New York to emphasize our commitment that every person in this world, no matter where he or she lives, could live a life free from poverty, hunger, and disease.”
H.E. Lootah highlighted the role of public and private sectors and organizations in this process by saying: “Effective communication and participation between experts in international organizations and public and private sectors all over the world, are the way that would enable us to share experiences and innovations designed to support countries in their journey to achieving the SDGs.”
“These meetings are a genuine opportunity to discuss visions and ideas that would contribute to promoting dialogue and partnerships at the international level to proceed with the journey to achieve the SDGs,” H.E. Lootah added.
During the meeting, H.E. Lootah reviewed with the Deputy Secretary-General the efforts made by UAE globally to raise awareness on SDGs. They also discussed other topics including the UAE SDG Photography Award organized by the UAE National Committee on SDGs, in partnership with the Hamdan bin Mohammad Rashid Al Maktoum International Photography Award (HIPA), in addition to the mobile exhibitions organized for the winning photos in the most critical events sites that attract a broad audience. They agreed that such activities would boost up the UAE’s reputation as a global contributor committed to implementing and raising awareness on the global goals of sustainable development. The delegation presented a copy of the Photography Award Book to H.E. the Deputy Secretary-General of the United Nations, who praised the efforts made by the UAE to raise awareness on SDGs.
Dubai, 11 July 2019
The Federal Competitiveness and Statistics Authority (FCSA) has recently announced the launch of the "Manual of Desk Review and Audit of National Statistics Surveys Data."
The manual is a standard guide specializing in setting the limits essential for controlling the phase of the desk audit of the national statistical surveys data. This step aims to establish and spread the culture of knowledge-transfer adopted and implemented by FCSA as an element essential for developing the task forces’ efficiency and improving the quality of data in the UAE.
Noora Ali, Director of the Methodologies Department at the Statistics Sector of FCSA stated: "The process of creating statistical assets including the human and information components is one of the most important goals that FCSA is striving to achieve with sights set to build up the national statistical system."
"The FCSA team is committed to adopting the best international recommendations and practices for producing accurate and up-to-date statistical data that meet the needs of local, regional, and international institutions. Additionally, the team is taking advantage of data that could be used in planning, constructing and sustainable development on a scientific basis and a modern vision," she added.
In this context, FCSA regularly publishes several specialized standards guides, in cooperation with its strategic partners, particularly the local statistics centers. By publishing these guides, FCSA aims to govern the statistical work system and standardize all methodologies, classifications, and standards put in place to produce statistical data in the UAE by FCSA, local statistics centers or any other relevant institutions to ensure their quality, consistency, and comparability. Copies of these methodologies are available on the methodologies portal at the FCSA official website (www.fcsa.gov.ae.)
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