Mohammed bin Rashid endorses statistical system plan
His Highness Sheikh Mohammed bin Rashid Al Maktoum has endorsed the National Program for the Development of the Statistical System in the United Arab Emirates, aiming to improve the quality and enhance the reliability of official economic statistics in line with modern economic transformations. The program includes adopting a unified base year for 2024 and reconstructing the Gross Domestic Product (GDP) series from 2010 to 2026, with the goal of providing a more accurate and diverse picture of the national economy. This initiative seeks to support decision-making, strengthen international confidence, and reaffirm the UAE's global economic position through updated methodologies and expanded data sources. The Center for Competitiveness and Statistics oversees its implementation in coordination with various national entities, aiming to sustainably enhance measurement and statistical production capabilities in accordance with international standards.
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