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Sharjah24
Mohammed bin Rashid endorses national statistical program
His Highness Sheikh Mohammed bin Rashed Al Maktoum has approved the National Program for the Development of the Statistical System in the United Arab Emirates, with the aim of updating national accounts and improving the accuracy of official economic statistics to support planning and decision-making. The program includes adopting a unified base year of 2024 and rebuilding the GDP time series from 2010 to 2026 to enhance the reliability of international data and keep pace with economic transformations, especially non-oil growth and the technology sector. It is implemented in collaboration with multiple national entities and involves a comprehensive review of national accounts on a periodic basis, with continuous updates according to international standards. The goal is to highlight the UAE’s position as a global economic driver and to strengthen investor confidence.
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