Infographic: Abu Dhabi Economic Snapshot 2016

 Abu Dhabi Economic Snapshot 2016 infographic

The UAE has put the bounty of its hydrocarbons resources to good use, using the sizeable revenues to underpin a bold strategy of economic diversification. The results of this effort are apparent on Abu Dhabi’s balance sheet, where expansion of the non-oil sector outpaces oil sector growth and sizeable external buffers to a large extent protect both the emirate and the wider UAE from the vagaries of oil markets. Foreign trade also plays an important role in the economy, constituting 48% of GDP in current prices in 2015.