The UAE’s real Gross Domestic Product (GDP) reached AED 1.776 billion in 2024, recording a growth rate of 4% compared to 2023. The non-oil GDP grew by 5%, amounting to AED 1.342 billion, while oil-related sectors and activities contributed AED 434 billion.

His Excellency Abdulla bin Touq Al Marri, Minister of Economy, stated that the GDP figures issued by the Federal Competitiveness and Statistics Centre (FCSC) for 2024 represent a new notable achievement for the national economy. Affirming the UAE’s key breakthroughs under the vision and directives of its wise leadership, in driving economic diversification and enhancing global competitiveness. By the end of last year, non-oil sectors accounted for 75.5% of the country’s total GDP.

His Excellency added that these indicators reflect the success of the UAE’s economic strategies and policies aimed at transitioning to an innovative, knowledge-based, and sustainable economic model, in line with emerging trends and advanced technologies.

H.E. further stated, “We continue to enhance our national efforts 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. These efforts support the economic targets of the ‘We the UAE 2031’ vision, which aims to raise the GDP to AED 3 trillion by the next decade and strengthen the UAE’s position as a global hub for the new economy, ensuring sustainable development, leadership, and international competitiveness.”

Her Excellency Hanan Mansour Ahli, Managing Director of the Federal Competitiveness and Statistics Centre, affirmed that the 4% growth in the UAE’s GDP last year reflects the strong performance of the national economy, which is supported by a forward-looking vision focused on sustainable, non-oil-driven growth.

H.E. noted that the UAE’s leadership continues to build a pioneering and globally advanced economic model, where economic diversification remains a key pillar and catalyst for sustainable development, community prosperity, and continued national achievements. This approach helps ensure the sustainability of GDP growth and progress across various economic and development indicators.

Top Performing Economic Activities

In terms of the most dynamic economic sectors in 2024 compared to 2023, transport and storage sector led the way with a 9.6% growth, driven by strong performance in passenger traffic and flight operations across UAE airports, which handled 147.8 million travelers, reflecting an annual growth of nearly 10%.

The construction sector expanded by 8.4%, supported by substantial investment in urban infrastructure projects. Financial and insurance activities grew by 7%, while the hospitality sector, including restaurants and hotels, increased by 5.7%, and real estate activities rose by 4.8%.

Among non-oil economic activities, trade was the largest contributor to GDP, accounting for 16.8%, followed by manufacturing at 13.5%, financial and insurance activities at 13.2%, construction at 11.7%, and real estate at 7.8%.

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, has chaired a Cabinet meeting held at Qasr Al Watan in Abu Dhabi.
The meeting was attended by His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court; H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence; H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance; H.H. Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister, and Minister of the Interior.
H.H. Sheikh Mohammed bin Rashid Al Maktoum said, “I chaired a Cabinet meeting at Qasr Al Watan in Abu Dhabi, where we reviewed the UAE’s performance in the 2025 IMD World Competitiveness Ranking. The UAE ranked 5th globally, alongside the world’s leading countries in economic competitiveness, government efficiency, legislative strength, and business environment excellence. Sixteen years ago, we established a competitiveness center, uniting the efforts of key national entities. These efforts have elevated the UAE’s ranking from 28th globally in 2009 to being among the top five globally in competitiveness. In the same report, the UAE ranked 1st globally in the absence of bureaucracy index, 2nd globally in government policies adaptability index, and 4th globally in government efficiency index. This achievement is a testament to years of consistent effort. With the vision of my brother, Mohamed bin Zayed, our future will continue to be even brighter and stronger.”
The UAE Cabinet reviewed the 2025 Global Competitiveness Ranking results, published by the IMD World Competitiveness Center in Lausanne, Switzerland. This year, the UAE is ranked among the top five globally, scoring 96.09 out of 100 points. The country advanced two positions from last year, surpassing countries such as the United States, Sweden, Germany, and Canada, while maintaining its top ranking as the regional leader for the ninth consecutive year.
The report evaluates 69 countries based on four key areas: economic performance, government efficiency, business efficiency, and infrastructure. Its findings cover 341 competitiveness indicators across economic, administrative, and social fields.
The 2025 edition also introduced five new indicators: food waste, environmental performance, freely elected government, passport mobility, and media bias.
This year, the UAE made significant progress in the business efficiency pillar, rising seven spots to rank third globally. It also maintained a strong standing globally in economic performance and government efficiency, ranking second and fourth, respectively.
The UAE’s exceptional performance in key sectors contributed to its leadership in 113 global indicators across the report’s main and sub-pillars. The country ranked first globally in 22 indicators, including employment rate, absence of bureaucracy, availability of global expertise, digital transformation in companies, venture capital, inbound mobility of higher education students, public-private partnerships, energy infrastructure, and female parliamentary representation.
The UAE also ranked second globally in social cohesion, flexibility of residency laws, and government policy adaptability, while securing third globally in graduates in sciences, leverage of digital tools and technology, and healthcare infrastructure.

• UAE delegation presents results of global efforts supporting inclusive economic growth and calls for stronger international cooperation.
• Private sector investment, policy innovation, and diplomacy highlighted as drivers of sustainable development.

Dubai-New York. 22 July 2025: The UAE presented the results of its global development initiatives supporting SDG8 during its participation in the 2025 UN High-Level Political Forum (HLPF), reaffirming its commitment to promoting inclusive economic growth and decent work worldwide.

Organised by the United Nations Department of Economic and Social Affairs at UN headquarters in New York City, this year’s forum is held under the theme “Advancing sustainable, inclusive, science- and evidence-based solutions for the 2030 Agenda and its Sustainable Development Goals for leaving no one behind.” The UAE’s participation reflects its commitment to a development model rooted in sustainability, opportunity creation, and international partnerships that advance the 2030 Agenda.

Reimagining Economic Growth for People and the Planet

The forum featured a high-impact roundtable titled ‘Beyond 2030: Reimagining Economic Growth for People and Planet’ hosted by the Secretarait of the UAE National Committee on SDGs, the UAE Consulate General in New York, and the UAE-US Business Council.

The session brought together senior UAE officials, including His Excellency Abdulla Nasser Lootah, Assistant Minister of Cabinet Affairs for Competitiveness and Experience Exchange and Chair of the National Committee on Sustainable Development Goals; His Excellency Mohammed Abdulrahman AlHawi, Undersecretary of the Ministry of Investment; His Excellency Mohammed Ali Rashid Lootah, Director General of Dubai Chambers; Lt. Col. Dr. Ahmad Al Zarooni, Director of International Police Representation, Ministry of Interior and Her Excellency Amna Binzaal Almheiri, UAE Consul General in New York.

The discussion focused on mobilising private sector investment to advance sustainable and inclusive growth. Participants also explored solutions to address global skill gaps and reconfigure international trade frameworks to support development.

Furthermore, the UAE delegation hosted two thematic panels. The first, “Economic Diplomacy in Action,” examined how diplomacy can foster economic resilience and stability in alignment with SDG8. The second, “Vision into Action,” explored policy frameworks that support SDG16 on peace, justice, and strong institutions.

Growth Centred on Cooperation and Partnership

H.E. Lootah, said the UAE’s model for economic growth is shaping the future of work and creating opportunities for new generations at home and abroad.

He added that the UAE has succeeded in building a balanced and diversified economic model grounded in inclusiveness and sustainability, positioning the country as a key contributor to continuous development efforts and solutions to current and future challenges in line with the 2030 Agenda and beyond.

H.E. Lootah emphasised that the importance of establishing global consensus around sustainable economic concepts and future work patterns, especially in the context of setting new global development goals beyond 2045 (XDGs). He noted that the UAE delegation’s participation in the 2025 High-Level Political Forum aligns with this goal, aiming to strengthen partnerships and exchange expertise through strategic initiatives led by the Government Experience Exchange Programme, along with contributions from leading national entities driving  inclusive and sustainable development globally.

Investment in Impact

H.E. AlHawi, emphasised that the country’s investment approach is centred on strategic partnerships that foster innovation and long-term growth. This approach is focused on delivering measurable outcomes and lasting impact to support inclusive development, expand economic opportunities, and contribute to broader social advancement.

H.E, AlHawi said: “The UAE is a land of opportunity. We empower youth, entrepreneurs, innovators, and researchers. Under the leadership of the UAE government, the Ministry of Investment supports transformative global investment flows – not only to foster innovation, but to cultivate talent, expand opportunity, and drive sustainable development. This vision has become reality, reflecting the UAE’s commitment to building an integrated ecosystem that supports innovation and enables impactful partnerships. Through an agile regulatory framework, we aim to ensure continued private sector growth in line with the nation’s goal of building a resilient, future-ready economy.”

UN High-Level Political Forum

The HLPF on Sustainable Development is the UN’s central platform for reviewing and advancing SDGs. Established in 2012, the forum plays a pivotal role in monitoring national and international progress on the 2030 Agenda.

Participating delegations at HLPF conduct assessments of progress toward the SDGs, with this year’s forum featuring in-depth reviews of five priority goals: SDG3 (ensuring healthy lives and promoting well-being for all at all ages); SDG5 (achieving equality and empowering all women and girls); SDG8 (promoting sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all); SDG14 (conserving and sustainably using the oceans, seas and marine resources for sustainable development); and SDG17 (strengthening and revitalising the Global Partnership for Sustainable Development).

The UAE has reaffirmed its unwavering commitment to supporting international efforts to achieve inclusive and sustainable development, emphasising its dedication to building effective global partnerships that promote stability, accelerate prosperity, and advance the 2030 Sustainable Development Goals (SDGs) and beyond. This vision is guided by principles of international cooperation, future foresight, and a human-centric development approach.

This came at the conclusion of the UAE’s expanded participation in the 2025 High-Level Political Forum (HLPF) on Sustainable Development, organised by the United Nations Department of Economic and Social Affairs (UN DESA) at UN headquarters in New York City. The forum witnessed broad international participation from government representatives, international organisations, and civil society institutions.

The UAE delegation included several government leaders and officials representing the Ministry of Cabinet Affairs; Ministry of Interior; Ministry of Investment; Government Experience Exchange Programme; Secretariat of the National Committee on the SDGs; as well as representatives from the Environment Agency – Abu Dhabi (EAD); Noor Dubai Foundation; and Dubai Chambers.

UAE A Leading Model in Development Cooperation and Global Partnerships

His Excellency Abdulla Nasser Lootah, Assistant Minister of Cabinet Affairs for Competitiveness and Experience Exchange and Chair of the National Committee on SDGs, affirmed that the UAE has established itself as a leading model in international development cooperation. This model is built on sustaining positive impact, enhancing experience exchange, and developing innovative solutions to address global challenges.

He stated: “At the forum, we showcased pioneering national development initiatives that highlight the importance of strategic partnerships in accelerating the achievement of the SDGs. These included the 2045 XSDGs Report, which outlines development foresight for the next two decades, and the Government Experience Exchange Programme. We also held meetings focused on advancing multilateral cooperation to support the development of innovative solutions across key areas such as health, economic growth, the future of work, biodiversity, and global stability.”

Lootah confirmed that preparations are already underway for the UAE’s 2026 Voluntary National Review, which will assess progress towards the 2030 Agenda. The review underscores the UAE’s firm commitment to transparency and accountability, providing a comprehensive analysis of challenges and opportunities while identifying future development priorities. The process will involve participation from government, private, and civil society sectors to ensure unified efforts, based on the UAE’s ambitious vision for a sustainable and inclusive future driven by innovation, sustainability, and human development.

He also highlighted the UAE’s preparations to host the 2026 United Nations Water Conference taking place in December, which aims to strengthen global action to ensure the sustainable availability of water for all.

Enhancing Collaboration and Joint Action

A statement issued by the UAE delegation reaffirmed the country’s ongoing focus on strengthening international cooperation, knowledge and expertise exchange, and the importance of promoting sustainable practices across climate action, economic, social, and human development. The statement emphasised the UAE’s commitment to joint action to drive balanced growth that prioritises human and environmental protection, ensuring a positive development impact for communities worldwide.

Shaping Tomorrow & Innovative Events

The delegation organised a series of high-profile events that drew significant international interest, including the Sustainable Development Goals Exhibition for 2030 and 2045 at the UN Headquarters under the theme “Shaping Tomorrow: UAE Leadership for a Sustainable Future.” The exhibition served as a global platform to highlight the UAE’s role and raise awareness on the urgency of accelerating sustainable development.

Engagements also included a dedicated international session hosted by the Government Experience Exchange Programme to promote knowledge-sharing and expand partnerships, spanning nearly 50 countries and six international organisations, in support of the UAE’s vision for advancing international cooperation and strategic partnerships.

Report and Foresight Study

As part of its commitment to sharing knowledge, expertise, and valuable data, the UAE launched the 2025 edition of the 2045 XSDGs Report at the forum titled “Envisioning 2045:  Inclusive Pathways to Sustainable Development.”

The delegation also presented the results of the latest 2045 XSDGs Global Survey, involving participants from 55 countries across various age groups and academic disciplines. The survey offered key recommendations and comprehensive perspectives on sustainable development for the next 20 years.

In collaboration with the Consulate General of the UAE in New York; Permanent Mission of the United Arab Emirates to the United Nations in New York; and Noor Dubai Foundation, the National Committee on SDGs also hosted a high-level roundtable to explore the role of healthcare innovation in accelerating SDG 3 on Good Health and Well-being. The session highlighted the importance of scaling and expanding access to health innovation worldwide.

Global Councils for SDGs

The delegation presented the UAE’s Global Councils on Sustainable Development Goals, launched during the World Governments Summit 2018. The initiative acts as a dynamic network that brings together decision-makers from government, international organisations, academia, and the private sector to exchange experiences and best practices aimed at accelerating the achievement of the SDGs.

Women’s Empowerment and Child Welfare

The Secretariat of the UAE’s National Committee on SDGs and the Consulate General of the UAE in New York also organised a high-impact session on accelerating innovation to advance gender balance and sustain progress in the post-2030. The discussion focused on closing the digital gender gap, enhancing care and empowerment systems, and promoting women’s leadership roles.

Sustainable Economic Growth

The UAE delegation hosted a high-level roundtable titled “Beyond 2030: Reimagining Economic Growth for People and Planet,” exploring new dimensions of growth beyond traditional metrics and market indicators.

Two key sessions were also held, addressing the role of economic diplomacy in promoting global and societal stability and the integration of social and economic development priorities.

The Ministry of Interior shared impactful results from its cross-border collaborations aimed at enhancing environmental sustainability, most notably operation “Green Shield”; a joint effort between the UAE, Brazil, Peru, Colombia, and Ecuador to preserve the Amazon Basin’s biodiversity in Latin America.

Driving the SDGs Through Partnerships

The delegation led several high-level sessions focused on accelerating SDG implementation through partnerships and held approximately 48 bilateral and multilateral meetings with organisations, institutions, global programmes, and government representatives to reinforce international cooperation for inclusive development.

The UAE also participated in the Science Day, held as part of the HLPF on Sustainable Development.

The UN High-Level Political Forum

The HLPF on Sustainable Development serves as the United Nations’ central platform for topics related to sustainable development. Since its establishment in 2012, the forum plays a pivotal role in monitoring national and international progress on the 2030 Agenda.