Abu Dhabi overcomes global challenges registering 11.2% GDP growth in H1: SCAD

Mon, 2022-11-28 16:05
RIYADH: Reflecting Abu Dhabi’s robust performance and the ability of the economy to sustain growth despite global economic challenges, data released by the Statistics Centre – Abu Dhabi, shows expansion of the emirate’s gross domestic product in the first half of 2022 to 11.2 percent compared to the same period last year. 

The quarterly GDP growth rate reached its highest value in six years during the second quarter of 2022 when it hit 11.7 percent compared to the same quarter last year, according to estimates reported by SCAD. Main category: Business & Economy

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