Dubai saw an impressive 3% GDP growth in the initial 9 months of 2023

Dubai saw an impressive 3% GDP growth in the initial 9 months of 2023

Posted on January 29, 2024   |  

Dubai's economy showed substantial growth, with a 3.3% increase in gross domestic product (GDP) from January to September 2023.

During these 9 months, accommodation and food services grew by 11.1%, transportation and storage services saw a rise of 10.9%, and the information and communications sector grew by 4.4%.

As a vital trade and tourism hub in the Gulf region, Dubai has actively pursued its 10-year economic plan, known as D33, initiated in January of the previous year.