Gross capital formation in United Arab Emirates
United Arab Emirates: Gross capital formation was 134.43 billion constant 2015 US$ in 2023. ▲ Rising
Gross capital formation in United Arab Emirates, 2001–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross capital formation in United Arab Emirates is 134.43 billion constant 2015 US$, measured in 2023. That is the highest value across all 23 years on record.
Compared with earlier readings it is up 4.2% on the previous year and up 69.7% over ten years.
Over the whole period, gross capital formation in United Arab Emirates peaked at 134.43 billion constant 2015 US$ in 2023 and was at its lowest, 36.06 billion constant 2015 US$, in 2001.
United Arab Emirates ranks 22nd of 162 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Gross capital formation in United Arab Emirates, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2001 | 36.06 billion constant 2015 US$ | — |
| 2002 | 38.06 billion constant 2015 US$ | +5.6% |
| 2003 | 40.69 billion constant 2015 US$ | +6.9% |
| 2004 | 41.87 billion constant 2015 US$ | +2.9% |
| 2005 | 49.49 billion constant 2015 US$ | +18.2% |
| 2006 | 56.85 billion constant 2015 US$ | +14.9% |
| 2007 | 79.27 billion constant 2015 US$ | +39.4% |
| 2008 | 79.29 billion constant 2015 US$ | +0.0% |
| 2009 | 86.37 billion constant 2015 US$ | +8.9% |
| 2010 | 88.84 billion constant 2015 US$ | +2.9% |
| 2011 | 86.13 billion constant 2015 US$ | -3.0% |
| 2012 | 82.24 billion constant 2015 US$ | -4.5% |
| 2013 | 79.23 billion constant 2015 US$ | -3.7% |
| 2014 | 86.50 billion constant 2015 US$ | +9.2% |
| 2015 | 82.67 billion constant 2015 US$ | -4.4% |
| 2016 | 82.68 billion constant 2015 US$ | +0.0% |
| 2017 | 82.95 billion constant 2015 US$ | +0.3% |
| 2018 | 82.29 billion constant 2015 US$ | -0.8% |
| 2019 | 85.31 billion constant 2015 US$ | +3.7% |
| 2020 | 67.93 billion constant 2015 US$ | -20.4% |
| 2021 | 82.33 billion constant 2015 US$ | +21.2% |
| 2022 | 128.99 billion constant 2015 US$ | +56.7% |
| 2023 | 134.43 billion constant 2015 US$ | +4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 56.44 billion constant 2015 US$ | 36.06 billion constant 2015 US$ | 86.37 billion constant 2015 US$ | 9 |
| 2010s | 83.89 billion constant 2015 US$ | 79.23 billion constant 2015 US$ | 88.84 billion constant 2015 US$ | 10 |
| 2020s | 103.42 billion constant 2015 US$ | 67.93 billion constant 2015 US$ | 134.43 billion constant 2015 US$ | 4 |
Countries ranked near United Arab Emirates
- 19 Iran, Islamic Republic of 184.32 billion constant 2015 US$ compare
- 20 Viet Nam 148.92 billion constant 2015 US$ compare
- 21 Sweden 145.46 billion constant 2015 US$ compare
- 23 Poland 131.44 billion constant 2015 US$ compare
- 24 Belgium 126.47 billion constant 2015 US$ compare
- 25 Ireland 121.15 billion constant 2015 US$ compare
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)
- GNI (current LCU), annual growth rate 5.79 % change on previous year (2024)
- GNI (current LCU), per unit of GDP 3.78 current LCU per US$ of GDP (2024)
- GNI (current LCU), per capita 189,981 current LCU per person (2024)
- Net primary income (Net income from abroad) (current US$), annual 9.5 % change on previous year (2024)
- Net primary income (Net income from abroad) (current LCU), annual 9.5 % change on previous year (2024)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.1988 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 5.03 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 3.67 (2025)
Frequently asked questions
- What is gross capital formation in United Arab Emirates?
- Gross capital formation in United Arab Emirates was 134.43 billion constant 2015 US$ 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 134.43 billion constant 2015 US$ in 2023.
- What is the lowest gross capital formation recorded in United Arab Emirates?
- The lowest recorded value was 36.06 billion constant 2015 US$ in 2001.
- How does United Arab Emirates rank for gross capital formation?
- United Arab Emirates ranks 22nd out of 162 countries with data for 2023.
- Is gross capital formation rising or falling in United Arab Emirates?
- Over the last ten years it is up 69.7%. The long-run trend across the full record is rising.
- 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 (constant 2015 US$). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.