Abu Dhabi GDP hits Dh620 billion in Q1-3 2019

By DG Staff

ABU DHABI 6 April 2020: The gross domestic product (GDP), of Abu Dhabi at current prices (nominal GDP) grew 4.6 percent to around Dh620 billion, during the first nine months of 2019 from around Dh592.9bn in the comparable period of 2018.

The growth was led by the momentum recorded across all economic platforms during the reference period, according to combined data, recently released by the Statistics Centre – Abu Dhabi.

The emirate’s GDP during the first quarter of 2019 increased 5.7 percent to Dh207.2bn from Dh196bn in the comparable period of the year before, said Wam.

The emirate’s economy maintained its mobility in Q2 2019, which resulted in further raising the GDP to Dh207.7bn, up 5.2 percent from Dh197.4bn in the second quarter of 2018.

During the third quarter, the GDP grew 2.7 percent to Dh205bn from Dh199.5bn during the comparable period of 2018.