Economy in Dubai – Statistics and Trends

26 Nov 2015

Did you know Dubai was one of the five fastest growing metro economy in world in 2014 as compared to 18th in 2013.  Did you know that oil accounts only for 4% of total government revenue of Dubai. Check out our infographic “Economy in Dubai- Statistics and trends” for more facts about Dubai Economy.

Economy in Dubai

Infographic by GO Gulf – Dubai Website Design Company

To Publish this Image on your Blog or Website . Copy this code

 

GDP of Dubai – 82.87 billion USD

 

GDP per capita: 24,866.00 USD

 

Dubai Budget for 2015 – 41 Billion AED

 

Dubai ranked 5th fastest growing metro economy in World in 2014 as compared to 18th in 2013

 

Metro Rank
Macau
Izmir
Istanbul
Bursa
Dubai

Government revenue by type

 

Revenue Type %age of total revenue
Government Services 74%
Tax revenues (customs and excise charges and the corporation tax imposed on foreign banks) 21%
Oil 4%

Wages and salaries account for 37 per cent of government spending

 

Capital expenditure, grants and subsidies account for 44 per cent of the total government spend.

 

Retail and the wholesale sector play a very important role in contributing to the economy of the emirate as it represents 29.2 percent of the gross domestic product (GDP) of Dubai.

 

Dubai’s Retail Sale turnover in (USD billions)

 

Year Sale (in USD Billions)
2013 39.6
2014 42.5
2015 44.4
2016 46.4
2017 48.5
2018 50.7
2019 53.0
2020 55.3

Dubai has retained its position as the second most important international retail  destination  globally  for  2015 after London.