Annual growth of the gross capital formation in United Arab Emirates
United Arab Emirates: Annual growth of the gross capital formation was 4.2% in 2023. ◆ Volatile
Annual growth of the gross capital formation in United Arab Emirates, 2002–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
United Arab Emirates recorded 4.2% for annual growth of the gross capital formation in 2023.
The figure is down 92.6% on the previous year and up 215.3% over ten years.
Over the whole period, annual growth of the gross capital formation in United Arab Emirates peaked at 56.7% in 2022 and was at its lowest, -20.4%, in 2020.
United Arab Emirates ranks 70th of 167 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in United Arab Emirates, year by year
| Year | % | Change |
|---|---|---|
| 2002 | 5.6% | — |
| 2003 | 6.9% | +24.1% |
| 2004 | 2.9% | -58.1% |
| 2005 | 18.2% | +530.4% |
| 2006 | 14.9% | -18.4% |
| 2007 | 39.4% | +165.4% |
| 2008 | 0.0% | -99.9% |
| 2009 | 8.9% | +44600.0% |
| 2010 | 2.9% | -68.0% |
| 2011 | -3.0% | -206.6% |
| 2012 | -4.5% | +48.2% |
| 2013 | -3.7% | -19.0% |
| 2014 | 9.2% | -350.5% |
| 2015 | -4.4% | -148.2% |
| 2016 | 0.0% | -100.2% |
| 2017 | 0.3% | +3100.0% |
| 2018 | -0.8% | -350.0% |
| 2019 | 3.7% | -560.0% |
| 2020 | -20.4% | -653.8% |
| 2021 | 21.2% | -204.0% |
| 2022 | 56.7% | +167.5% |
| 2023 | 4.2% | -92.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 12.1% | 0.0% | 39.4% | 8 |
| 2010s | -0.0% | -4.5% | 9.2% | 10 |
| 2020s | 15.4% | -20.4% | 56.7% | 4 |
Countries ranked near United Arab Emirates
More economy & growth data for United Arab Emirates
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.85 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.54 Percent per annum (2029)
- Total reserves minus gold (current US$), annual growth rate 21.65 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.4195 current US$ per US$ of GDP (2024)
- Total reserves minus gold (current US$), per capita 24,481 current US$ per person (2025)
- General government final consumption expenditure (current US$) 0.421 % change on previous year (2023)
- General government final consumption expenditure (current US$), per 0.1222 current US$ per US$ of GDP (2023)
- General government final consumption expenditure (current US$), per 6,090 current US$ per person (2023)
- General government final consumption expenditure (current LCU) 0.421 % change on previous year (2023)
- General government final consumption expenditure (current LCU), per 0.4487 current LCU per US$ of GDP (2023)
Frequently asked questions
- What is annual growth of the gross capital formation in United Arab Emirates?
- Annual growth of the gross capital formation in United Arab Emirates was 4.2% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of the gross capital formation recorded in United Arab Emirates?
- The highest recorded value was 56.7% in 2022.
- What is the lowest annual growth of the gross capital formation recorded in United Arab Emirates?
- The lowest recorded value was -20.4% in 2020.
- How does United Arab Emirates rank for annual growth of the gross capital formation?
- United Arab Emirates ranks 70th out of 167 countries with data for 2023.
- Is annual growth of the gross capital formation rising or falling in United Arab Emirates?
- Over the last ten years it is up 215.3%. The long-run trend across the full record is volatile.
- Where does this United Arab Emirates data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).