GDP (current LCU) (Country official) in United Arab Emirates
United Arab Emirates: GDP (current LCU) (Country official) was 2.03 trillion current LCU in 2024. ◆ Volatile
GDP in United Arab Emirates, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gdp in United Arab Emirates stood at 2.03 trillion current LCU. That is the highest value across all 55 years on record.
The figure is up 5.7% on the previous year and up 30.0% over ten years.
Over the whole period, gdp in United Arab Emirates peaked at 2.03 trillion current LCU in 2024 and was at its lowest, 3.27 billion current LCU, in 1970.
That places United Arab Emirates 89th out of 214 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current LCU) (Country official) in United Arab Emirates, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 3.27 billion current LCU | — |
| 1971 | 4.46 billion current LCU | +36.6% |
| 1972 | 6.21 billion current LCU | +39.1% |
| 1973 | 16.91 billion current LCU | +172.4% |
| 1974 | 46.13 billion current LCU | +172.8% |
| 1975 | 58.31 billion current LCU | +26.4% |
| 1976 | 75.95 billion current LCU | +30.2% |
| 1977 | 97.08 billion current LCU | +27.8% |
| 1978 | 92.04 billion current LCU | -5.2% |
| 1979 | 119.15 billion current LCU | +29.5% |
| 1980 | 161.64 billion current LCU | +35.7% |
| 1981 | 181.10 billion current LCU | +12.0% |
| 1982 | 171.15 billion current LCU | -5.5% |
| 1983 | 157.13 billion current LCU | -8.2% |
| 1984 | 153.48 billion current LCU | -2.3% |
| 1985 | 149.06 billion current LCU | -2.9% |
| 1986 | 124.61 billion current LCU | -16.4% |
| 1987 | 133.57 billion current LCU | +7.2% |
| 1988 | 133.17 billion current LCU | -0.3% |
| 1989 | 152.22 billion current LCU | +14.3% |
| 1990 | 186.12 billion current LCU | +22.3% |
| 1991 | 189.25 billion current LCU | +1.7% |
| 1992 | 199.11 billion current LCU | +5.2% |
| 1993 | 204.20 billion current LCU | +2.6% |
| 1994 | 217.71 billion current LCU | +6.6% |
| 1995 | 241.34 billion current LCU | +10.9% |
| 1996 | 270.08 billion current LCU | +11.9% |
| 1997 | 289.42 billion current LCU | +7.2% |
| 1998 | 277.91 billion current LCU | -4.0% |
| 1999 | 310.13 billion current LCU | +11.6% |
| 2000 | 383.18 billion current LCU | +23.6% |
| 2001 | 379.41 billion current LCU | -1.0% |
| 2002 | 403.30 billion current LCU | +6.3% |
| 2003 | 456.66 billion current LCU | +13.2% |
| 2004 | 542.88 billion current LCU | +18.9% |
| 2005 | 663.32 billion current LCU | +22.2% |
| 2006 | 815.72 billion current LCU | +23.0% |
| 2007 | 947.20 billion current LCU | +16.1% |
| 2008 | 1.16 trillion current LCU | +22.3% |
| 2009 | 931.15 billion current LCU | -19.6% |
| 2010 | 1.13 trillion current LCU | +21.4% |
| 2011 | 1.35 trillion current LCU | +19.9% |
| 2012 | 1.44 trillion current LCU | +6.5% |
| 2013 | 1.50 trillion current LCU | +4.3% |
| 2014 | 1.56 trillion current LCU | +3.7% |
| 2015 | 1.40 trillion current LCU | -10.1% |
| 2016 | 1.40 trillion current LCU | -0.1% |
| 2017 | 1.48 trillion current LCU | +5.7% |
| 2018 | 1.62 trillion current LCU | +9.2% |
| 2019 | 1.59 trillion current LCU | -1.5% |
| 2020 | 1.31 trillion current LCU | -17.7% |
| 2021 | 1.55 trillion current LCU | +18.3% |
| 2022 | 1.88 trillion current LCU | +21.1% |
| 2023 | 1.92 trillion current LCU | +2.2% |
| 2024 | 2.03 trillion current LCU | +5.7% |
United Arab Emirates compared with similar countries
- United Arab Emirates's 2.03 trillion current LCU is above the median for high income countries, which is 211.72 billion current LCU, 9.6× the median. (82 countries reporting)
- United Arab Emirates's 2.03 trillion current LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.71 trillion current LCU, 1.2× the median. (23 countries reporting)
Biggest year-on-year movements
Years where GDP (current LCU) (Country official) in United Arab Emirates changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +172.8% | 16.91 billion current LCU | 46.13 billion current LCU |
| 1973 | +172.4% | 6.21 billion current LCU | 16.91 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 51.95 billion current LCU | 3.27 billion current LCU | 119.15 billion current LCU | 10 |
| 1980s | 151.71 billion current LCU | 124.61 billion current LCU | 181.10 billion current LCU | 10 |
| 1990s | 238.53 billion current LCU | 186.12 billion current LCU | 310.13 billion current LCU | 10 |
| 2000s | 668.14 billion current LCU | 379.41 billion current LCU | 1.16 trillion current LCU | 10 |
| 2010s | 1.45 trillion current LCU | 1.13 trillion current LCU | 1.62 trillion current LCU | 10 |
| 2020s | 1.74 trillion current LCU | 1.31 trillion current LCU | 2.03 trillion current LCU | 5 |
Countries ranked near United Arab Emirates
More economy & growth data for United Arab Emirates
- Real gdp growth, annual growth rate -7.18 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.28 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0056 units per US$ of GDP (2024)
- SDRs holdings, US dollar, per capita 285.14 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.2593 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0043 units per US$ of GDP (2024)
- SDRs holdings, SDR, per capita 208.21 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.68 % change on previous year (2025)
Frequently asked questions
- What is gdp in United Arab Emirates?
- Gdp in United Arab Emirates was 2.03 trillion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in United Arab Emirates?
- The highest recorded value was 2.03 trillion current LCU in 2024.
- What is the lowest gdp recorded in United Arab Emirates?
- The lowest recorded value was 3.27 billion current LCU in 1970.
- How does United Arab Emirates rank for gdp?
- United Arab Emirates ranks 89th out of 214 countries with data for 2024.
- Is gdp rising or falling in United Arab Emirates?
- Over the last ten years it is up 30.0%. The long-run trend across the full record is volatile.
- Where does this United Arab Emirates data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.