“Sharjah’s Remarkable Economic Growth: GDP Grows by 5.2% in 2021”

2023-05-09 02:00:14

Sharjah: Shah to achieve remarkable economic growth last year Department of Statistics and Community Development for the Emirate of Raja . Sharjah’s Total Gross Domestic Product at Primary Valuation Gross Domestic Product (GDP) has grown by 5.2 percent over the past year.

In 2021, it reached 136.9 billion dirhams from 130.1 billion dirhams. Yat. Wealth of well-planned implementation of development projects The achievement was also a result of gum diversification. The authorities assessed that.

The non-oil sector recorded a growth of 5.2 percent. Th. In 2021, the income from this sector was 126.8 billion dirhams. It will reach 133.4 billion dirhams in 2022. All according to internationally accepted methodology. Studies conducted including private institutions and the public sector The progress of the economy is indicated. Shows favorable economic development in the emirate Department of Statistics, Community Development by evaluating the report Chairman Sheikh Muhammad bin Humaid Al Qasimi said. Economic diversification is in line with the emirate’s development plans. It is the driving force behind the growth that has been implemented by zipping. He added.

Wholesale and retail trade, motor vehicle market, construction sector, accommodation- The food service sector is the largest contributor to the Emirate’s GDP. and helped to achieve high growth. Health Sector, Public Administration, Agriculture, Forestry and Fisheries have also achieved remarkable growth. Construction contributed 9 percent of the emirate’s total GDP. The report also says that the area.

But it includes wholesale and retail trade, which contributes 24 percent. Khalaya contributes the most. UAE’s rapid growth due to Covid-19 Sharjah’s previous pricing is affordable.

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