Dubai Economy - Statistics and Trends

ECONOMY IN DUBAI STATISTICS AND TRENDS GDP of Dubai 82.87 Billion USD GDP per capita 24,866.00 USD %$4 Dubai budget for 2015 41 Billion AED Dubai ranked 5th fastest growing metro economy in World in 2014 as compared to 18th in 2013 2014 Macau Izmir Istanbul Bursa Dubai 2 4 GOVERNMENT REVENUE (By Type) 74% 21% 4% O00 Government Services Tax Oil revenues (customs and excise charges and the corporation tax imposed on foreign banks) Wages and salaries account for 37 per cent of government spending 37% Capital expenditure, grants and subsidies account for 44 per cent of the total government spend. 44% 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. 29.2% DUBAI'S RETAIL SALE TURNOVER in USD Billions 2013 39.6 2017 48.5 2014 42.5 2018 50.7 2015 44.4 2019 53.0 2016 46.4 2020 55.3 Dubai has retained its position as the second most important international retail destination globally for 2015 after London. 2015 London Dubai Compiled and design by: GO-Gulf web design web applications identity seo Sources: http://www.thenational.ae/business/economy/dubai-enters-top-five-ranked-fastest-growing -economies http://www.brookings.edu/A/media/Research/Files/Reports/2015/01/22-global-metro -monitor/bmpp_GMM_final.pdf?la=en http://www.thenational.ae/business/economy/dubai-avoids-deficit-in-dh41-billion-budget -for-2015 http://www.emirates247.com/business/corporate/dubai-retail-sales-set-to-reach-dh160bn-in -2015-2014-12-28-1.574750 https://emiratesnbd.com/plugins/ResearchDocsManagement/Documents/Research/Emirates %20NBD%20Research%20-%20Dubai's%20Wholesale%20and%20Retail%20Trade%20Sector %200verview%203%20June%202015.pdf