Abu Dhabi's GDP jumps 5.5 percent to USD 54.43bn
Date
3/23/2016 3:43:52 AM
(MENAFN) Abu Dhabi's gross domestic product (GDP) touched almost USD 54.43bn by the end of Q3 of 2015, with an increase rate of 5.5 percent compared to 2014.
Accordingly, non-oil GDP increased at a rate of 7.1 percent across the cited quarter of 2015 compared a rate of 3.9 percent for oil GDP.
However, falling oil prices, weaker performance of emerging markets and commodity-exporting markets, have affected some of Abu Dhabi's growth.
The whole value of Abu Dhabi's non-oil commodity foreign trade between Jan to Sep 2015 touched USD 33.58bn, up 9.5 percent compared to 2014.
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