Flourishing Economy

Flourishing Economy

Sharjah has a highly diversified economy and is growing fast in comparison to other emirates in the UAE. This has enabled the emirate to weather a challenging global economic climate and post a strong CAGR of 13.3% in GDP (2002-2009). GDP per capita also increased in recent years by 50% (2005-2009). The emirate’s economic resilience is further fuelled by more than 45,000 strong small- and medium-sized businesses that benefit from the competitiveness of Sharjah’s supply chain. Entrepreneurs and family businesses in manufacturing, real estate, business services and trading play an integral role in the flow of commerce domestically and regionally.