The UAE's GDP composition in 2023 shows a diverse economic structure. Services account for 33.1%, highlighting a dominant role. The Mining, Manufacturing, and Utilities sector is substantial at 29.94%. Wholesale, Retail Trade, Restaurants, and Hotels contribute 15.24%. Transport, Storage, and Communication and Construction sectors are close to each other at 10.7% and 10.22%, respectively. Agriculture, Hunting, Forestry, Fishing is minimal at 0.8%.
Looking ahead, several trends in the UAE GDP composition by sector are noteworthy:
- Continued growth in the services sector driven by digital transformation and tourism expansion.
- Potential shifts in energy strategy impacting the Mining, Manufacturing, and Utilities sector.
- Increased investments in logistics and infrastructure benefiting Transport, Storage, and Communication.
- Rising focus on sustainable practices and innovation in construction.
Top countries in UAE GDP Composition by Sector
| # | 6 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Services | 33.1 | 2016 | |
| 2 | 2 Mining, Manufacturing, Utilities | 29.94 | 2016 | |
| 3 | 3 Wholesale, retail trade, restaurants and hotels | 15.24 | 2016 | |
| 4 | 4 Transport, storage and communication | 10.7 | 2016 | |
| 5 | 5 Construction | 10.22 | 2016 | |
| 6 | 6 Agriculture, hunting, forestry, fishing | 0.8 | 2016 |
