Is it oil or their country's tourism that supports Dubai?

Dubai's oil production is relatively small, accounting for only 1% of the world's total output, so it is not oil that supports Dubai, but other industries, such as tourism, real estate and economy and trade. Speaking of Dubai, we all think that Dubai is full of luxury cars, beautiful women and local tyrants. Then how did they get rich? According to statistics, although their country has oil, its output is not very rich, so it cannot occupy their economic lifeline.

Since Dubai is not supported by oil, it must have advantages in other aspects, so it can become the richest country in the world. First of all, Dubai is definitely developing foreign trade. They have a unique geographical environment, and the government gives strong economic support to attract foreign investment. So many foreigners will live in Dubai, and the proportion of foreign companies is very large. Therefore, this has become Dubai's main source of income.

Besides foreign trade, Dubai has another attraction: tourism. Countless people travel to Dubai every year. Because it is a place where foreigners live in compact communities, many people come to shop. In addition, there is the largest theme park in the world, which attracts many people to visit. Such a large flow of people has rapidly promoted the rapid development of Dubai's tourism economy.

Finally, real estate development, whether a place can become an economic center, foreign trade is the main thing, but there must be something that can be obtained. Real estate in Dubai has always created great wealth for Dubai, because there are high-rise buildings everywhere, so there are more people engaged in real estate development, which is also an important source of Dubai's economy. So Dubai is not supported by oil, but by tourism, real estate and foreign trade.