Gross capital formation in United Arab Emirates
United Arab Emirates: Gross capital formation was 494.55 billion constant LCU 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 LCU.
Analysis
The most recent figure for gross capital formation in United Arab Emirates is 494.55 billion constant LCU, 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 494.55 billion constant LCU in 2023 and was at its lowest, 132.64 billion constant LCU, in 2001.
That places United Arab Emirates 68th out of 169 countries with data for 2023, putting it in the middle of the range.
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 LCU | Change |
|---|---|---|
| 2001 | 132.64 billion constant LCU | — |
| 2002 | 140.02 billion constant LCU | +5.6% |
| 2003 | 149.69 billion constant LCU | +6.9% |
| 2004 | 154.01 billion constant LCU | +2.9% |
| 2005 | 182.08 billion constant LCU | +18.2% |
| 2006 | 209.13 billion constant LCU | +14.9% |
| 2007 | 291.61 billion constant LCU | +39.4% |
| 2008 | 291.68 billion constant LCU | +0.0% |
| 2009 | 317.75 billion constant LCU | +8.9% |
| 2010 | 326.83 billion constant LCU | +2.9% |
| 2011 | 316.87 billion constant LCU | -3.0% |
| 2012 | 302.54 billion constant LCU | -4.5% |
| 2013 | 291.48 billion constant LCU | -3.7% |
| 2014 | 318.20 billion constant LCU | +9.2% |
| 2015 | 304.13 billion constant LCU | -4.4% |
| 2016 | 304.17 billion constant LCU | +0.0% |
| 2017 | 305.15 billion constant LCU | +0.3% |
| 2018 | 302.72 billion constant LCU | -0.8% |
| 2019 | 313.85 billion constant LCU | +3.7% |
| 2020 | 249.89 billion constant LCU | -20.4% |
| 2021 | 302.86 billion constant LCU | +21.2% |
| 2022 | 474.52 billion constant LCU | +56.7% |
| 2023 | 494.55 billion constant LCU | +4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 207.62 billion constant LCU | 132.64 billion constant LCU | 317.75 billion constant LCU | 9 |
| 2010s | 308.59 billion constant LCU | 291.48 billion constant LCU | 326.83 billion constant LCU | 10 |
| 2020s | 380.46 billion constant LCU | 249.89 billion constant LCU | 494.55 billion constant LCU | 4 |
Countries ranked near United Arab Emirates
- 65 France 563.88 billion constant LCU compare
- 66 United Kingdom of Great Britain and Northern Ireland 500.02 billion constant LCU compare
- 67 Poland 495.45 billion constant LCU compare
- 69 Morocco 478.94 billion constant LCU compare
- 70 Italy 424.14 billion constant LCU compare
- 71 Israel 419.01 billion constant LCU 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, Atlas method (current US$), annual growth rate 5.72 % change on previous year (2024)
- GNI, Atlas method (current US$), per unit of GDP 1.03 current US$ per US$ of GDP (2024)
- GNI, Atlas method (current US$), per capita 51,554 current US$ per person (2024)
- GNI (current US$), annual growth rate 5.79 % change on previous year (2024)
- GNI (current US$), per unit of GDP 1.03 current US$ per US$ of GDP (2024)
- GNI (current US$), per capita 51,731 current US$ per person (2024)
- 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)
Frequently asked questions
- What is gross capital formation in United Arab Emirates?
- Gross capital formation in United Arab Emirates was 494.55 billion constant LCU 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 494.55 billion constant LCU in 2023.
- What is the lowest gross capital formation recorded in United Arab Emirates?
- The lowest recorded value was 132.64 billion constant LCU in 2001.
- How does United Arab Emirates rank for gross capital formation?
- United Arab Emirates ranks 68th 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 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 LCU). 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 varies by country. This series is expressed in local currency units.