What was the economic growth rate in UAE in 2010?

What was the economic growth rate in UAE in 2010?

1.60% 6.85%
UAE gdp growth rate for 2019 was 1.68%, a 0.49% increase from 2018….UAE GDP Growth Rate 1976-2022.

UAE GDP Growth Rate – Historical Data
Year GDP Growth (%) Annual Change
2010 1.60% 6.85%
2009 -5.24% -8.43%
2008 3.19% 0.01%

What was 2009 GDP 2010?

In 2021, the U.S. GDP increased from the previous year to about 22.99 trillion U.S. dollars. This increase in GDP can be attributed to a rebound from the impact of the coronavirus pandemic….

Year GDP in billion current U.S. dollars
2012 16,254
2011 15,599.7
2010 15,049
2009 14,478.1

Why did the United Arab Emirates GDP drop in 2009?

476bn ($148.8bn) last year. Abu Dhabi’s economy shrank 18 percent in nominal terms in 2009, data showed on Tuesday, but analysts attributed much of the drop to lower oil prices and said real activity may not have shrunk that much.

What was real GDP growth rate for 2007?

2.2 percent
2007 GDP Real GDP increased 2.2 percent in 2007 (that is, from the 2006 annual level to the 2007 annual level), compared with an increase of 2.9 percent in 2006.

What was the economy like in 2008?

Effects on the Broader Economy The decline in overall economic activity was modest at first, but it steepened sharply in the fall of 2008 as stresses in financial markets reached their climax. From peak to trough, US gross domestic product fell by 4.3 percent, making this the deepest recession since World War II.

What is the GDP forecast of UAE in 2023?

Upbeat forecast UAE’s GDP is forecast to grow by 6.2 per cent in 2022 and 6.7 per cent in 2023, driven primarily by a surging oil sector.

What is the GDP rate of Dubai?

In 2020, The United Arab Emirates’ GDP growth rate amounted to approximately -6.14 percent compared to the previous year….

Characteristic GDP change compared to previous year
2023* 3.04%
2022* 3.04%
2021* 2.24%
2020 -6.14%

What was the GDP of 2017?

$19,479,600 million
GDP grows 2.3% in United States The GDP figure in 2017 was $19,479,600 million, United States is the world’s leading economy with regard to GDP, as can be seen in the ranking of GDP of the 196 countries that we publish.

What is the GDP of 2010?

India gdp growth rate for 2020 was -7.96%, a 12.01% decline from 2019. India gdp growth rate for 2019 was 4.04%, a 2.49% decline from 2018….India GDP Growth Rate 1961-2022.

India GDP Growth Rate – Historical Data
Year GDP Growth (%) Annual Change
2011 5.24% -3.26%
2010 8.50% 0.64%
2009 7.86% 4.78%

What was the GDP of the United Arab Emirates in 2010?

UAE GDP 1973-2010 (constant, 2000 US$ billion) UAE GDP, 1973-2010 (current, in billion dirhams) UAE’s Gross Domestic Product (GDP) in 2010 exceeded a trillion dirhams, from a base of 11 billion dirhams in 1973 381 960 1,093

What is the UAE GDP growth rate for 2017?

UAE gdp growth rate for 2017 was 2.37%, a 0.69% decline from 2016. UAE gdp growth rate for 2016 was 3.06%, a 2.04% decline from 2015.

How much of the UAE’s GDP is from oil revenue?

A third of the GDP is from oil revenues. The economy was expected to grow 4–4.5% in 2013, compared to 2.3–3.5% over the previous five years. Since independence in 1971, UAE’s economy has grown by nearly 231 times to AED1.45 trillion in 2013.

What is the economy like in United Arab Emirates?

UAE has the second-largest economy in the Arab world (after Saudi Arabia), with a gross domestic product (GDP) of US$414 billion (AED 1.52 trillion) in 2018. A third of the GDP is from oil revenues.