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Gross Domestic Product (GDP) is one of the most important economic indicators; it comprises the total of all goods and services produced in an economy, minus production requirements. It is also defined as the total value added to the economy by resident producers during the year. The growth rate during a certain period of time measures the change in the size of the economy during this period. Identifying a long term economic vision, with specific targets, supports efficient economic policy, decision-making and comparisons. This serves the interest of the Emirate and welfare of the community. The contribution of activities and sectors to the economic development of the Emirate of Abu Dhabi can be identified from the statistical indicators that are presented in this chapter of the statistical yearbook.The following tables and graphs describes the performance of all economic activities in the Emirate. Data and indicators contained in this chapter shows the growth and stability achieved by Abu Dhabi's economy during the previous years. Data on the national accounts such as Gross Domestic Product by economic activity at current and constant prices, growth rates, contribution of economic activities to GDP and per capita gross domestic product are provided.Capital formation by economic activities, compensation of employees at current prices and financial data of the Abu Dhabi Government, as well as other data of economic interest are also included in this chapter.
The Consumer Price Index (CPI), which is compiled from different data sources, measures changes in the prices of goods and services between two periods of time, namely the base period and the comparison period.
Government financial statistics in this section includes revenues and expenditures of the Abu Dhabi Government. The revenue in 2013 decreased by 1.5% compared with 2012. The decrease could mainly be attributed to lower capital and department collections revenue.
Current expenditure as a percentage of total public expenditure increased from 67.4% in 2012 to 74.2% in 2013. The sub items of current transfers, goods and services , and salaries and wages contributed 52.6%, 9.9% and 11.7% of total expenditure.
Capital expenditure as a percentage of total public expenditure decreased from 32.6% in 2012 to 25.8% in 2013. Capital transfers, development expenditures on government projects and capital expenditure on goods and services contributed 18.7%, 6.6% and 0.4% of total expenditure.