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.
Infographic by GO Gulf – Dubai Website Design Company
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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
Government revenue by type
|Revenue Type||%age of total revenue|
|Tax revenues (customs and excise charges and the corporation tax imposed on foreign banks)||21%|
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)|
Dubai has retained its position as the second most important international retail destination globally for 2015 after London.