Gross capital formation in United Arab Emirates
United Arab Emirates: Gross capital formation was 4.2% in 2023. ◆ Volatile
Gross capital formation in United Arab Emirates, 2002–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
United Arab Emirates recorded 4.2% for gross capital formation in 2023.
The figure is down 92.6% on the previous year and up 215.5% over ten years.
Over the whole period, 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 90th of 169 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.
Gross capital formation in United Arab Emirates, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2002 | 5.6% | — |
| 2003 | 6.9% | +24.1% |
| 2004 | 2.9% | -58.2% |
| 2005 | 18.2% | +530.8% |
| 2006 | 14.9% | -18.5% |
| 2007 | 39.4% | +165.4% |
| 2008 | 0.0% | -99.9% |
| 2009 | 8.9% | +36527.4% |
| 2010 | 2.9% | -68.0% |
| 2011 | -3.0% | -206.7% |
| 2012 | -4.5% | +48.3% |
| 2013 | -3.7% | -19.2% |
| 2014 | 9.2% | -350.8% |
| 2015 | -4.4% | -148.3% |
| 2016 | 0.0% | -100.3% |
| 2017 | 0.3% | +2111.2% |
| 2018 | -0.8% | -348.5% |
| 2019 | 3.7% | -562.2% |
| 2020 | -20.4% | -654.2% |
| 2021 | 21.2% | -204.0% |
| 2022 | 56.7% | +167.4% |
| 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 12.58 % change on previous year (2023)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.9267 constant 2015 US$ per US$ of GDP (2023)
- Imports of goods and services (constant 2015 US$), per capita 46,196 constant 2015 US$ per person (2023)
- External balance on goods and services (current US$), annual growth -18.48 % change on previous year (2023)
- External balance on goods and services (current LCU), annual growth -18.48 % change on previous year (2023)
- Agriculture, forestry, and fishing, value added (current LCU), annual 6.43 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0283 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 1,421 current LCU per person (2024)
Frequently asked questions
- What is gross capital formation in United Arab Emirates?
- Gross capital formation in United Arab Emirates was 4.2% in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in United Arab Emirates?
- The highest recorded value was 56.7% in 2022.
- What is the lowest gross capital formation recorded in United Arab Emirates?
- The lowest recorded value was -20.4% in 2020.
- How does United Arab Emirates rank for gross capital formation?
- United Arab Emirates ranks 90th out of 169 countries with data for 2023.
- Is gross capital formation rising or falling in United Arab Emirates?
- Over the last ten years it is up 215.5%. 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 Gross capital formation (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.