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Accommodation and food services brought $8.8 bilion to UAE GDP

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Christian Fernsby ▼ | August 27, 2019
Accommodation and food services contributed Dh32.5 billion ($8.84 billion) in real prices to the 2018's GDP, a growth of 4.2 percent on year, according to the Federal Competitiveness and Statistics Authority (FCSA).
Emirates food
Middle East   Accommodation and food services brought 6.8 percent to UAE
In real constant prices, the sector's contribution to the non-oil GDP amounted to 6.8 percent during 2018, maintaining the high momentum it has created over the past years, driven by the growth recorded in the country's tourist infrastructure, reported Emirates news agency Wam.

Topics: UAE GDP

According to the FCSA's figures, the accommodation and food services' contribution spiked from Dh28.5 billion in 2016 to Dh31.2 billion in 2017, before hitting Dh32.5 billion last year.


 

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