Non-oil sector accounts for 69.5pct of Abu Dhabi’s GDP
11 Apr 2017
(MENAFN) Non-oil sector accounts for 69.5 percent of Abu Dhabi’s GDP as per the recent prices amid the last quarter of 2016, whereas oil businesses show 30.5 percent.
Additionally, the GDP is one of the key economic indicators that supports formulate the economic policies of the country.
Moreover, the Abu Dhabi GDP grew by 6.00 percent amid the cited period of last year, compared to the same period in 2015 on the back of an 8 percent increase in the added value of oil businesses.
Meanwhile, the government of the emirate is adopting an ambitious plan to spread its economic base income stream, while oil is no longer the only economic engine in the country.