ABU DHABI: Abu Dhabi’s Gross Domestic Product in 2014 at current prices increased by 3 per cent to reach Dh960 billion from Dh931.8 billion in 2013, according to Statistics Centre, Abu Dhabi (SCAD). In 2014, annual per capita GDP was Dh361,4000, total fixed capital formation was Dh180 billion in 2015, Statistics Center said quoting from Statistical Year Book released on Sunday.
The GDP at constant prices grew by 4.4 per cent in 2014, following an increase of 4.5 per cent in 2013. The main activities contributing to economic growth in 2014 were financial and insurance activities, real estate and information and communications’ which grew by 18.2 per cent, 17 per cent and 12 per cent, respectively.
The book also talks about diversification of economy with oil contributing an estimated 50.9 per cent of the GDP at current prices in 2014, with the remaining 49.1 per cent representing the share of non-oil activities, which achieved a combined growth rate of 12 per cent. In 2015, imports in goods through the ports of the Abu Dhabi amounted to Dh119.3 billion, up from Dh108 billion in 2014.
