What is the population of Dubai?
Dubai
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One of the world's fastest growing economies,[131] Dubai's gross domestic product is projected at US$107.1 billion, with a growth rate of 6.1% in 2014.[132] Although a number of core elements of Dubai's trading infrastructure were built on the back of the oil industry,[133] revenues from oil and natural gas account for less than 5% of the emirate's revenues.[12] It is estimated that Dubai produces 50,000 to 70,000 barrels (7,900 to 11,100m3) of oil a day[134] and substantial quantities of gas from offshore fields. The emirate's share in the UAE's total gas revenues is about 2%. Dubai's oil reserves have diminished significantly and are expected to be exhausted in 20 years.[135] Real estate and construction (22.6%),[14] trade (16%), entrepôt (15%) and financial services (11%) are the largest contributors to Dubai's economy.[136]