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Dubai suffered from a significant economic crisis in 2007–2010 and was bailed out by Abu Dhabi's oil wealth. Dubai's current [when?] prosperity has been attributed to Abu Dhabi's petrodollars. [40] In 2014, Dubai owed a total of $142 billion in debt. [41] The UAE government has worked towards reducing the economy's dependence on oil exports ...
New York metropolitan area has the largest GDP in the world (US$2.6 trillion) ... 2022 [18] 6: Abu Dhabi
In 2023, Abu Dhabi had a nominal GDP of AED 1.02 trillion (US$277.9 billion), a nominal GDP per capita of US$84,900, and a government debt to GDP ratio of 16%. [2] In 2022, the size of oil and mining trade increased by 54% and accounted for 48% of GDP.
Country GDP nominal billions of USD List of countries by GDP (per capita) Qatar 235.5: 82,887 Israel 530.1: 55,359 Cyprus 26.7: 53,705 UAE 536.8: 52,407 Kuwait 183.6: 38,123
This is a list of cities in the world by nominal gross domestic product (GDP). The United Nations uses three definitions for what constitutes a city, as not all cities may be classified using the same criteria.
The UAE's large hydrocarbon wealth gives it one of the highest GDP per capita in the world and Abu Dhabi owns the majority of these resources—95% of the oil and 92% of gas. [68] Abu Dhabi thus holds 9% of the world's proven oil reserves (98.2bn barrels) and almost 5% of the world's natural gas (5.8 billion cubic metres or 200 billion cubic feet).
Abu Dhabi is stepping up efforts to lure more film and TV shoots to the United Arab Emirates’ capital by enhancing its new rebate, which is now set to reach up to 50% of qualified below-the-line ...
In 2022 the country spent US$20.4 billion on defense, which is 4% of its GDP. ... Dubai holds up to 66% share of the UAE's tourism economy, with Abu Dhabi having 16% ...