Contribution to GDP of Dubai UAE Q1 2021, by industry

In the first quarter of 2021, the wholesale and retail sector remained the largest contributor to the gross domestic product (GDP) of the emirate of Dubai in the United Arab Emirates (UAE), accounting for about 22.7 percent. Meanwhile, the financial services and insurance sector and the transport and storage sector followed at 11.9 and 11.7 percent, respectively.Global economic hubThe United Arab Emirates, the second-largest Arab economy after Saudi Arabia in 2021, is home to key business hubs and financial centers, Dubai and Abu Dhabi. With the government’s strategic initiatives to support a growing environment for budding businesses, Dubai and Abu Dhabi have become the world’s most attractive business destinations for both local and foreign entrepreneurs. As of 2022, UAE was ranked among countries with the most competitive economy by the International Institute for Management Development, based on economic performance, government efficiency, business efficiency, and infrastructure.Road to sustainabilityThe UAE economy has been historically heavily dependent on oil for its economy, as extractive industries remained the leading driver of the Emirates’ GDP in 2020. However, the UAE has been taking active initiatives towards a “green economy for sustainable development” by diversifying its economy away from oil. The UAE Energy Strategy 2050 sets an aim of 50 percent renewables in the energy mix by 2050, the majority of which would likely stem from photovoltaic systems.

在2021年的第一季度，批发和零售业继续成为阿联酋迪拜酋长国的国内生产总值（GDP）的最大贡献者，占比约22.7%。与此同时，金融服务和保险业以及运输和仓储业分别以11.9%和11.7%的比例紧随其后。阿联酋，作为2021年仅次于沙特阿拉伯的阿拉伯第二大经济体，是关键商业枢纽和金融中心迪拜和阿布扎比的所在地。得益于政府支持新兴企业发展的战略举措，迪拜和阿布扎比已成为全球对本地和外国企业家最具吸引力的商业目的地。截至2022年，根据国际管理发展研究所（International Institute for Management Development）基于经济表现、政府效率、商业效率和基础设施等方面的评估，阿联酋被列为最具竞争力的经济体之一。迈向可持续发展的道路阿联酋的经济长期高度依赖石油，提取业在2020年继续作为阿联酋GDP增长的主要驱动力。然而，阿联酋正积极采取行动，朝着“可持续发展的绿色经济”转型，逐步摆脱对石油的依赖。阿联酋能源战略2050年目标设定，到2050年能源结构中可再生能源占比达到50%，其中大部分很可能来自光伏系统。