GDP (current US$) (Country official) in United Arab Emirates
United Arab Emirates: GDP (current US$) (Country official) was 552.33 billion current US$ in 2024. ◆ Volatile
GDP in United Arab Emirates, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, gdp in United Arab Emirates stood at 552.33 billion current US$. That is the highest value across all 55 years on record.
Compared with earlier readings it 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 552.33 billion current US$ in 2024 and was at its lowest, 685.99 million current US$, in 1970.
United Arab Emirates ranks 30th of 214 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP (current US$) (Country official) in United Arab Emirates, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 685.99 million current US$ | — |
| 1971 | 939.89 million current US$ | +37.0% |
| 1972 | 1.42 billion current US$ | +50.6% |
| 1973 | 4.23 billion current US$ | +199.0% |
| 1974 | 11.65 billion current US$ | +175.4% |
| 1975 | 14.72 billion current US$ | +26.3% |
| 1976 | 19.21 billion current US$ | +30.5% |
| 1977 | 24.87 billion current US$ | +29.5% |
| 1978 | 23.78 billion current US$ | -4.4% |
| 1979 | 31.23 billion current US$ | +31.3% |
| 1980 | 43.60 billion current US$ | +39.6% |
| 1981 | 49.33 billion current US$ | +13.2% |
| 1982 | 46.62 billion current US$ | -5.5% |
| 1983 | 42.80 billion current US$ | -8.2% |
| 1984 | 41.81 billion current US$ | -2.3% |
| 1985 | 40.60 billion current US$ | -2.9% |
| 1986 | 33.94 billion current US$ | -16.4% |
| 1987 | 36.38 billion current US$ | +7.2% |
| 1988 | 36.28 billion current US$ | -0.3% |
| 1989 | 41.47 billion current US$ | +14.3% |
| 1990 | 50.70 billion current US$ | +22.3% |
| 1991 | 51.55 billion current US$ | +1.7% |
| 1992 | 54.24 billion current US$ | +5.2% |
| 1993 | 55.63 billion current US$ | +2.6% |
| 1994 | 59.31 billion current US$ | +6.6% |
| 1995 | 65.74 billion current US$ | +10.9% |
| 1996 | 73.57 billion current US$ | +11.9% |
| 1997 | 78.84 billion current US$ | +7.2% |
| 1998 | 75.67 billion current US$ | -4.0% |
| 1999 | 84.45 billion current US$ | +11.6% |
| 2000 | 104.34 billion current US$ | +23.6% |
| 2001 | 103.31 billion current US$ | -1.0% |
| 2002 | 109.82 billion current US$ | +6.3% |
| 2003 | 124.35 billion current US$ | +13.2% |
| 2004 | 147.82 billion current US$ | +18.9% |
| 2005 | 180.62 billion current US$ | +22.2% |
| 2006 | 222.12 billion current US$ | +23.0% |
| 2007 | 257.92 billion current US$ | +16.1% |
| 2008 | 315.48 billion current US$ | +22.3% |
| 2009 | 253.55 billion current US$ | -19.6% |
| 2010 | 307.74 billion current US$ | +21.4% |
| 2011 | 368.88 billion current US$ | +19.9% |
| 2012 | 392.79 billion current US$ | +6.5% |
| 2013 | 409.63 billion current US$ | +4.3% |
| 2014 | 424.94 billion current US$ | +3.7% |
| 2015 | 381.97 billion current US$ | -10.1% |
| 2016 | 381.72 billion current US$ | -0.1% |
| 2017 | 403.37 billion current US$ | +5.7% |
| 2018 | 440.56 billion current US$ | +9.2% |
| 2019 | 433.93 billion current US$ | -1.5% |
| 2020 | 357.16 billion current US$ | -17.7% |
| 2021 | 422.44 billion current US$ | +18.3% |
| 2022 | 511.40 billion current US$ | +21.1% |
| 2023 | 522.62 billion current US$ | +2.2% |
| 2024 | 552.33 billion current US$ | +5.7% |
United Arab Emirates compared with similar countries
- United Arab Emirates's 552.33 billion current US$ is above the median for high income countries, which is 102.03 billion current US$, 5.4× the median. (82 countries reporting)
- United Arab Emirates's 552.33 billion current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 109.61 billion current US$, 5.0× the median. (23 countries reporting)
Biggest year-on-year movements
Years where GDP (current US$) (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 |
|---|---|---|---|
| 1973 | +199.0% | 1.42 billion current US$ | 4.23 billion current US$ |
| 1974 | +175.4% | 4.23 billion current US$ | 11.65 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.27 billion current US$ | 685.99 million current US$ | 31.23 billion current US$ | 10 |
| 1980s | 41.28 billion current US$ | 33.94 billion current US$ | 49.33 billion current US$ | 10 |
| 1990s | 64.97 billion current US$ | 50.70 billion current US$ | 84.45 billion current US$ | 10 |
| 2000s | 181.93 billion current US$ | 103.31 billion current US$ | 315.48 billion current US$ | 10 |
| 2010s | 394.55 billion current US$ | 307.74 billion current US$ | 440.56 billion current US$ | 10 |
| 2020s | 473.19 billion current US$ | 357.16 billion current US$ | 552.33 billion current US$ | 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 552.33 billion current US$ 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 552.33 billion current US$ in 2024.
- What is the lowest gdp recorded in United Arab Emirates?
- The lowest recorded value was 685.99 million current US$ in 1970.
- How does United Arab Emirates rank for gdp?
- United Arab Emirates ranks 30th 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 US$). 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 indicator is expressed in United States dollars.