Abu Dhabi’s gross domestic product is expected to grow by 3.8 percent in 2011 to AED567.3bn ($154.4bn), the Abu Dhabi Chamber of Commerce and Industry has said.
In a report posted on its website, the Chamber said that it expected the gross fixed capital formation to account for $30.68bn in 2011, a 15 percent increase from 2010.
Exports are expected to amount to $91.3bn, excluding re-exports next year, the report said.
The contribution of non oil industries to gross domestic product for the emirate is expected to increase by 5.1 percent to $70.3bn. In November, the government said that the non oil sector made up 45 percent of the capital’s GDP.
