Abu Dhabi economy grew 4% to $327bn in 2024

The non-oil sector has pushed Abu Dhabi’s economic growth to a new high.

Real GDP in the the UAE’s largest and most wealthy emirate expanded by 4 percent year on year in 2024, reaching AED1.2 trillion ($327 billion), state-run Wam news agency reported.

The growth was driven by an annualised 6 percent increase in the non-oil economy, Wam said, citing the preliminary estimates issued by the Statistics Centre Abu Dhabi.

The non-oil sector contributed 55 percent to total GDP, growing for the third consecutive year to AED644 billion.