Home News UAE achieves 3.8 per cent GDP growth in 2021

UAE achieves 3.8 per cent GDP growth in 2021

by Dubai Forum
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Thursday, April 7th, 2022 7:10pm

By ARN News Staff

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His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of UAE and Ruler of Dubai announced the gross domestic product figures today on Twitter.

His Highness said the Statistics Centre figure exceeds World Bank projections that indicated the nation was on track to achieve economic growth of 2.1 per cent.

Sheikh Mohammed said the figure also represents an increase on pre-pandemic levels of growth in 2019 and the highest growth in the region.

At current prices, the UAE’s total economic output was AED 1.49 trillion dirhams.

His Highness added that in a turbulent, changing world, the UAE has not stopped moving steadily forward and that our economy is on the rise.

Minister of State for Foreign Trade Thani Al Zeyoudi also commented, saying “The 3.8% rise in the #UAE‘s GDP shows that our economy has successfully overcome the impact of #COVID19 and is on track for long-term sustainable growth.”

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