Abu Dhabi’s financial system continues to indicate sturdy momentum in 2025, with Gross Home Product (GDP) reaching AED291bn ($79.2bn) within the first quarter—a 3.4 per cent improve in comparison with Q1 2024, in keeping with the Statistics Centre – Abu Dhabi (SCAD).
Driving this development is the emirate’s increasing non-oil financial system, which surged 6.1 per cent year-on-year to AED163.6bn ($44.5bn).
For the primary time ever in a Q1 interval, non-oil sectors contributed 56.2 per cent of whole GDP, underscoring Abu Dhabi’s continued financial diversification efforts.
Abu Dhabi financial system
The oil sector accounted for the remaining 43.8 per cent, or AED127.4bn ($34.7bn).
Ahmed Jasim Al Zaabi, Chairman of the Abu Dhabi Division of Financial Growth (ADDED), mentioned: “Day after day, Abu Dhabi’s financial system is reaffirming the success of the emirate’s long-term technique and the effectiveness of well timed insurance policies and measures to deal with modifications and challenges in regional and world panorama.
“Our Falcon Economic system orchestrates multi-dimensional methods throughout totally different sectors, enabling us to construct synergies and work in tandem to attain Abu Dhabi and the UAE’s strategic targets”.
The manufacturing sector was the biggest non-oil contributor, including AED28.5bn ($7.8bn) in worth—a 5 per cent year-on-year improve. It now represents 9.8 per cent of the emirate’s GDP. As a part of this, new industrial licences rose 4.7 per cent and the quantity off factories shifting to manufacturing surged 65 per cent, reflecting sectoral enlargement
Building posted the strongest development amongst non-oil sectors at 10.2 per cent, reaching AED27.5bn ($7.5bn) and contributing 9.4 per cent to whole GDP.
This enlargement is supported by continued funding in housing, infrastructure, and AI-powered allowing techniques such because the Binaa platform.
The finance and insurance coverage sector grew 9.1 per cent to AED19.6bn ($5.3bn), buoyed by a 43 per cent improve in registered establishments at Abu Dhabi International Market (ADGM) and a 33 per cent rise in belongings underneath administration.
International funding into Abu Dhabi Securities Alternate (ADX) hit AED8.5bn ($2.3bn), up 151 per cent year-on-year and ADX market capitalisation crossed AED2.93tn ($797.8bn), a 3.2 per cent improve.
Different examples of the various non-oil development throughout sectors, embody:
- Wholesale and retail commerce: AED16bn ($4.4bn), up 3.6 per cent
- Actual property: Up 6.7 per cent
- Transport and logistics: Grew 7.5 per cent, affirming Abu Dhabi’s function as a logistics hub
- Well being sector: Up 5.2 per cent, aligned with quality-of-life initiatives
- Skilled and technical providers: Contributed 10.3 per cent, pushed by rising demand for information financial system jobs
- Arts and leisure: Grew 8.4 per cent, reinforcing tourism and tradition’s rising influence
Abu Dhabi’s inhabitants climbed to 4.14m in 2024, up from 3.8m in 2023. This demographic surge enhances the emirate’s sturdy non-oil enlargement, supporting demand for housing, public providers, and jobs.
The emirate’s AED13bn ($3.5bn) Digital Technique (2025–2027) goals to place Abu Dhabi because the world’s first absolutely AI-native authorities by 2027. By automating all public sector operations, the plan will enhance effectivity, improve service supply and stimulate innovation-led financial development.
Abdulla Gharib Alqemzi, Director Normal of the Statistics Centre, mentioned: “The primary quarter of 2025 reaffirms the power, adaptability, and maturity of Abu Dhabi’s financial mannequin. Our transition towards a diversified, knowledge-based financial system continues to realize momentum, with high-growth sectors like manufacturing, building, and monetary providers driving sustainable enlargement”.
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