Media ININ Economy We Trust
MEDIA, Abu Dhabi, 30 September 2018,
GDP per capita grew at constant prices in the UAE by 12.2% over the past five years, according to the official data base, in particular the data of the Federal Commission for Competitiveness and Statistics. The continued growth of per capita GDP reflects the national economy’s overall good pace of activity despite the slowdown in the global economy over the past years. The per capita gross domestic product (GDP) at constant prices rose from AED 138.7 thousand in 2013 to AED 155.6 thousand in 2017, while gross output during the monitoring period rose from AED 1.25 trillion to AED 1.422 trillion. The increase in GDP per capita contributed to the increase in the level of economic welfare, the increase in the purchasing power of the citizen, the resident and the standard of living, and the increase in the number of projects in various sectors. The UAE has become a destination and destination for all those wishing to invest safely and achieve guaranteed gains. This has encouraged multinational companies to come to the UAE to benefit from the investment climate. The UAE is at the top of the indicators. Satisfaction and happiness globally and classified as high-income countries in human development indicators, according to studies prepared by the Ministry of Economy.
