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Dubai Statistics Centre

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Dubai: GDP Drops 3.5 Percent In Q1 2020
July 2nd, 2020 - 08:30 GMT

Dubai: GDP Drops 3.5 Percent In Q1 2020

Dubai’s real gross domestic product at constant prices showed a 3.5% decline in the first quarter of 2020. Compared to this, the emirate’s GDP had registered a dynamic growth rate of 2.2% in 2019, said the Dubai Statistics Centre (DSC). Nevertheless, the impact of the current worldwide crisis on Dubai in the first quarter of the year was less compared to some of the world's major economies, DSC noted. Key ...
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