Key Drivers of Growth
Rising Non-Oil Economy
The non-oil GDP grew 5.3%, hitting AED 352 billion ($95.8 billion), a clear indicator of the UAE’s long-term diversification strategy.
Sector Performance Highlights (Q1 2025):
- Manufacturing: +7.7% (highest growth)
- Finance & Insurance: 7%
- Construction: +7%
- Real Estate: +6.6%
- Trade: +3%
Notably, oil activities contributed 22.7% during this period, but the largest share of non-oil GDP came from trade (15.6%), followed closely by finance & insurance (14.6%) and manufacturing (13.4%).
