Industry Sector Contribution to GDP in Argentina (1990-2022)

The Industry Sector Contribution to GDP in the UAE has seen significant shifts over the years, largely driven by the oil sector and economic diversification efforts. In 1990, industry accounted for 58.9% of GDP, reflecting the nation’s heavy reliance on oil exports. The following decade witnessed fluctuations, with contributions decreasing to a low of 40% in 1998 due to global oil price instability and strategic shifts toward economic diversification. Recovery followed in the early 2000s, with contributions peaking at 58% in 2008, coinciding with oil price hikes. The UAE’s focus on infrastructure and industry investments around this time boosted sector output. However, from 2014 onward, the industry’s share declined as oil prices dropped and the country accelerated efforts toward a knowledge-based economy. In recent years, industrial contributions slightly rebounded, reaching 51.5% in 2022, reflecting resilience in manufacturing and renewed focus on non-oil industries.