Facts and figures
Dubai’s Gross Domestic Product reached £28 billion in 2007. The main contributors to the GDP are real Estate and Construction (22%), Trade (31%) tourism (30%) and the Financial Services (11%) . The GDP witnessed a 2% increase in the first quarter of 2009.
In the 2009 budget Dubai announced a 42% increase in budget of which 45% is for transport and infrastructure and 22% for social spending. The emirate’s inflation figures have dropped to 4.94 per cent.
In a special report published by the Financial Times on Foreign Direct Investment (FDI) Dubai has for the first time been classified as the top destination city in the world surpassing the likes of London and Shanghai. The UAE continues to lead the way in the Middle East and Africa accounting for 50 per cent of total projects in the region. In its position as the top destination city for FDI for 2008, Dubai attracted a total of 342 projects, had $21 billion (Dh77.3 billion) of capital investment and created over 58,000 new jobs.
For economic and statistical reports and overall economic outlook please go to:
For information on population distribution, education, labour force and economic indicators please visit:
http://www.economy.ae/English/EconomicAndStatisticReports/StatisticReports/Pages/UAEinNumbers.aspx
For facts and figures please refer to;
http://www.definitelydubai.com
Download Dubai Chamber Economist – November 2009, Issue 15
Download Dubai Chamber Economist – October 2009, Issue 14
