Abu Dhabi – Mubasher: Abu Dhabi's gross domestic product (GDP) rose by 1.5% at fixed prices to AED 803.568 billion in 2019, compared to around AED 792.065 billion in 2018, according to the Emirates News Agency (WAM).
The emirate's growth indicates the stability achieved in its economic sectors during 2019, as shown by an annual report by the Statistics Centre Abu Dhabi (SCAD).
The GDP per capita at fixed prices rose by 10.2% to AED 313,1 in 2019, compared to AED 284,1 in the prior year.
Meanwhile, the oil sector’s contribution to the GDP at current prices estimated at nearly 40.8%, despite the rise in the world's oil prices in the previous year.
The non-oil activities contributed about 59.2% to GDP at current prices.
The electricity, gas, and water supply activities and the transportation and storage sector have achieved growth rates of 5.2% and 2.6%, each.
At the same time, the manufacturing activities accounted for 6.3% of the preliminary estimates of GDP at current prices and 10.6% of non-oil GDP in 2019.
