Sharjah’s economy grew by 4.8% in 2021

The Department of Statistics and Community Development (DSCD) reported nearly AED 130.5 billion in GDP earnings last year compared to AED 124.6 billion in 2020.

The emirate’s economy, particularly the non-oil sectors, accelerated reinforcing its growing status as a regional hub for business, trade and investments.

The 2021 GDP growth findings are based on a detailed economic study led by DSCD, which featured a thorough review of Sharjah's macroeconomic data from 2020 and preliminary estimates for the year 2021.

The study includes all economic activities in line with the International Standard Classification of Economic Activities (ISIC.4) and is based on a survey of both independent bodies and the government sector.

The data testifies Sharjah’s resilience in adapting to the fast-changing economic landscape of the post-pandemic era.

More from Local News

News

  • UAE revamps facemask rule

    Wearing a facemask is no longer mandatory in most public spaces across the UAE, including educational institutions.

  • Fog warning on UAE roads

    It will be another foggy start to the day in some parts of the UAE this morning. The National Center of Meteorology (NCM) has urged motorists to follow the traffic regulations as deterioration in visibility is highly likely.

  • Masks no longer mandatory in UAE schools

    Wearing a facemask has been made optional in educational institutions in the UAE.