A new report released by the International Air Transport Association (IATA) reveals that aviation and tourism contributed a staggering $18.2 billion to the United Arab Emirates (UAE) Gross Domestic Product (GDP) in 2023, underscoring the vital role the industry plays in the nation’s economy.
According to IATA, this contribution accounts for 9% of the UAE’s GDP, supporting nearly 777,000 jobs across the country. The analysis was presented during the Arabian Travel Market in Dubai, highlighting the UAE’s resilience and growth as a global aviation hub.
Willie Walsh, IATA’s Director General, praised the UAE’s forward-thinking aviation policies and investments: “The UAE is a shining example of how strategic aviation policy can boost connectivity, drive economic growth, and create jobs.”
The report also noted that the aviation sector in the UAE is projected to support over 1.4 million jobs and generate $53 billion in economic activity by 2038, provided the right policy and infrastructure conditions are maintained.