GDP growth in United Arab Emirates
United Arab Emirates: GDP growth was 4.0% in 2024. ◆ Volatile
GDP growth in United Arab Emirates, 1971–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual %.
Analysis
United Arab Emirates recorded 4.0% for gdp growth in 2024.
That represents a change of down 7.2% on the previous year and down 13.8% over ten years.
Over the whole period, gdp growth in United Arab Emirates peaked at 76.6% in 1973 and was at its lowest, -15.0%, in 1986.
That places United Arab Emirates 80th out of 213 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 growth in United Arab Emirates, year by year
| Year | annual % | Change |
|---|---|---|
| 1971 | 36.6% | — |
| 1972 | 39.1% | +6.7% |
| 1973 | 76.6% | +96.1% |
| 1974 | 14.5% | -81.1% |
| 1975 | 6.2% | -57.0% |
| 1976 | 16.5% | +165.4% |
| 1977 | 21.4% | +29.7% |
| 1978 | -1.6% | -107.4% |
| 1979 | 20.9% | -1416.3% |
| 1980 | 23.9% | +14.1% |
| 1981 | 4.7% | -80.5% |
| 1982 | -6.7% | -244.2% |
| 1983 | -4.7% | -29.4% |
| 1984 | 4.0% | -184.6% |
| 1985 | -3.6% | -189.5% |
| 1986 | -15.0% | +316.1% |
| 1987 | 3.4% | -122.6% |
| 1988 | -2.6% | -177.5% |
| 1989 | 12.3% | -571.1% |
| 1990 | 18.3% | +48.5% |
| 1991 | 0.9% | -95.3% |
| 1992 | 3.3% | +288.9% |
| 1993 | 1.3% | -62.3% |
| 1994 | 6.9% | +446.8% |
| 1995 | 6.7% | -3.0% |
| 1996 | 5.8% | -13.3% |
| 1997 | 8.2% | +41.2% |
| 1998 | 0.3% | -96.4% |
| 1999 | 2.9% | +893.1% |
| 2000 | 10.9% | +274.0% |
| 2001 | 1.4% | -87.1% |
| 2002 | 2.4% | +73.9% |
| 2003 | 8.8% | +261.7% |
| 2004 | 9.6% | +8.7% |
| 2005 | 4.9% | -49.2% |
| 2006 | 9.8% | +102.6% |
| 2007 | 3.2% | -67.6% |
| 2008 | 3.2% | +0.2% |
| 2009 | -5.2% | -264.3% |
| 2010 | 1.6% | -130.6% |
| 2011 | 6.7% | +320.3% |
| 2012 | 4.7% | -30.5% |
| 2013 | 4.9% | +5.0% |
| 2014 | 4.6% | -5.8% |
| 2015 | 7.1% | +53.0% |
| 2016 | 5.7% | -20.2% |
| 2017 | -1.1% | -118.8% |
| 2018 | 1.5% | -244.8% |
| 2019 | 1.3% | -17.3% |
| 2020 | -8.7% | -783.8% |
| 2021 | 4.6% | -152.4% |
| 2022 | 7.5% | +65.1% |
| 2023 | 4.3% | -42.8% |
| 2024 | 4.0% | -7.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.6% | -1.6% | 76.6% | 9 |
| 1980s | 1.6% | -15.0% | 23.9% | 10 |
| 1990s | 5.5% | 0.3% | 18.3% | 10 |
| 2000s | 4.9% | -5.2% | 10.9% | 10 |
| 2010s | 3.7% | -1.1% | 7.1% | 10 |
| 2020s | 2.3% | -8.7% | 7.5% | 5 |
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)
- Services, value added (constant LCU), per capita 85,997 constant LCU per person (2024)
- GDP deflator (base year varies by country), annual growth rate 1.63 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 5.68 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 1 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 50,274 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.68 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 3.67 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 184,629 current LCU per person (2024)
Frequently asked questions
- What is gdp growth in United Arab Emirates?
- Gdp growth in United Arab Emirates was 4.0% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp growth recorded in United Arab Emirates?
- The highest recorded value was 76.6% in 1973.
- What is the lowest gdp growth recorded in United Arab Emirates?
- The lowest recorded value was -15.0% in 1986.
- How does United Arab Emirates rank for gdp growth?
- United Arab Emirates ranks 80th out of 213 countries with data for 2024.
- Is gdp growth rising or falling in United Arab Emirates?
- Over the last ten years it is down 13.8%. 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 growth (annual %). 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.