Abu Dhabi – Mubasher: The emirate of Abu Dhabi’s gross domestic product (GDP) at current prices grew AED 84.8 billion, or 14%, to AED 692.8 billion ($188.65 billion) in the first nine months of 2018, against AED 608 billion ($165.56 billion) in the corresponding period in 2017.
Abu Dhabi’s GDP over the January-September period accounted for 83.3% of the emirate’s GDP for the whole year of 2017, which amounted to around AED 833 billion, according to Emirates News Agency (WAM).
The added value of oil activities of the emirate’s GDP grew 33.3% to AED 280 billion in the first nine months of 2018, against AED 210.2 billion during the same period of 2017.
Meanwhile, the added value of non-oil activities of Abu Dhabi’s GDP rose 3.8% year-on-year to AED 412.8 billion for the nine-month period ended 30 September 2018 from AED 397.7 billion.
Abu Dhabi’s overall GDP at current prices soared 12% to AED 456 billion during the first half of 2018, compared to AED 407 billion in the same period of 2017.
The emirate’s GDP per capita at current prices amounted to AED 287,700 in 2017, according to the Abu Dhabi statistical yearbook released by the Statistics Centre - Abu Dhabi (SCAD).