UAE's GDP was estimated to reach Dh 424 billion (some US$115 billion), up 9.11% compared to Dh 370 billion in 2004, Al-Khaleej newspaper quoted data published by the country's Economy and Infrastructure Ministry.
Based on the latest figures, the UAE is leading the Middle East and North Africa in terms of economic growth levels and 18th in terms of economic growth worldwide. The UAE's growth was achieved mainly due to the record prices for oil in the international market.