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Dubai logs 6.2% GDP growth in 2021
Sustained economic recovery also sees 5.9% increase in the first quarter of 2022
Saturday 25 June 2022
Dubai’s economy recorded a 6.2% growth in 2021, following that up with a 5.9% increase in the first quarter of 2022 with a total value of AED 102 billion in the quarter, reaffirming Dubai’s solid economic performance and its ability to adapt and grow.
Dubai’s growth and resilience have been achieved amidst economic challenges. The city’s economic agenda is supported by a regulatory and legislative framework that attracts investments and protects the rights of investors.
The success of Expo 2020 Dubai was a key factor in driving a post-pandemic tourism boom, leading to increased air and sea traffic and record foreign trade.