Abu Dhabi’s GDP increased by 4.6% to reach 620 billion dirhams at constant prices during the first nine months of 2019, compared to 592.9 billion dirhams in the same period From 2018.
According to the Emirates News Agency, statistics from the Abu Dhabi Statistics Center showed that the registered growth in the emirate's GDP was supported by the activity shown by all sectors during the monitoring period.
Estimates of GDP at constant prices usually reflect the actual change in the economy, as the effect of price changes on it is canceled, unlike GDP estimates at current prices.
On the quarterly level, Abu Dhabi’s GDP increased at constant prices during the first quarter of 2019 to 207.2 billion dirhams, an increase of 5.7% compared to 196 billion dirhams in the corresponding quarter of 2018.
Economic sectors activity continued during the second quarter of last year, raising the gross domestic product at constant prices to 207.7 billion dirhams, a growth of 5.2% compared to 197.4 billion dirhams in the second quarter of 2018.
During the third quarter of last year, the gross domestic product increased to 205 billion dirhams, a growth of 2.7%, compared to 199.5 billion dirhams in the corresponding quarter of 2018.
