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Economy in Dubai: Statistics and Trends

Created: Nov 26, 2015

Updated: Feb 04, 2025

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-Globe Website Designer in Dubai

  • 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 percent of government spending
  • Capital expenditure, grants, and subsidies account for 44 percent of the total government spending.
  • Retail and wholesale sectors play a very important role in contributing to the emirate's economy, representing 29.2 percent of Dubai's gross domestic product (GDP).
  • 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.

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