Gross capital formation (current LCU), annual growth rate in United Arab Emirates
United Arab Emirates: Gross capital formation (current LCU), annual growth rate was 4.47 % change on previous year in 2023. ◆ Volatile
Gross capital formation (current LCU), annual growth rate in United Arab Emirates, 2002–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, gross capital formation (current lcu), annual growth rate in United Arab Emirates stood at 4.47 % change on previous year.
Compared with earlier readings it is down 81.6% on the previous year and up 176.2% over ten years.
Over the whole period, gross capital formation (current lcu), annual growth rate in United Arab Emirates peaked at 51.84 % change on previous year in 2007 and was at its lowest, -18.96 % change on previous year, in 2020.
That places United Arab Emirates 119th out of 186 countries with data for 2023, putting it 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 (current LCU), annual growth rate in United Arab Emirates, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2002 | 6.5 % change on previous year | — |
| 2003 | 11.14 % change on previous year | +71.4% |
| 2004 | 7.32 % change on previous year | -34.3% |
| 2005 | 23.34 % change on previous year | +218.6% |
| 2006 | 17.51 % change on previous year | -25.0% |
| 2007 | 51.84 % change on previous year | +196.1% |
| 2008 | 21.83 % change on previous year | -57.9% |
| 2009 | 1.3 % change on previous year | -94.1% |
| 2010 | 10.96 % change on previous year | +744.1% |
| 2011 | 2.69 % change on previous year | -75.5% |
| 2012 | 0.6695 % change on previous year | -75.1% |
| 2013 | -5.87 % change on previous year | -976.5% |
| 2014 | 8.55 % change on previous year | -245.7% |
| 2015 | -12.06 % change on previous year | -241.0% |
| 2016 | -3.36 % change on previous year | -72.1% |
| 2017 | 4.03 % change on previous year | -219.7% |
| 2018 | 12.18 % change on previous year | +202.4% |
| 2019 | 7.92 % change on previous year | -35.0% |
| 2020 | -18.96 % change on previous year | -339.6% |
| 2021 | 31.52 % change on previous year | -266.2% |
| 2022 | 24.28 % change on previous year | -23.0% |
| 2023 | 4.47 % change on previous year | -81.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 17.6 % change on previous year | 1.3 % change on previous year | 51.84 % change on previous year | 8 |
| 2010s | 2.57 % change on previous year | -12.06 % change on previous year | 12.18 % change on previous year | 10 |
| 2020s | 10.33 % change on previous year | -18.96 % change on previous year | 31.52 % change on previous year | 4 |
Countries ranked near United Arab Emirates
- 116 Slovakia 4.81 % change on previous year compare
- 117 Malta 4.54 % change on previous year compare
- 118 Thailand 4.48 % change on previous year compare
- 120 Afghanistan 4.37 % change on previous year compare
- 121 Canada 4.28 % change on previous year compare
- 122 Australia 4.28 % change on previous year 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)
- Gross capital formation (current US$), annual growth rate 4.47 % change on previous year (2023)
- Gross capital formation (current US$), per unit of GDP 0.2664 current US$ per US$ of GDP (2023)
- Gross capital formation (current US$), per capita 13,280 current US$ per person (2023)
- Gross capital formation (current LCU), per unit of GDP 0.9783 current LCU per US$ of GDP (2023)
- Gross capital formation (current LCU), per capita 48,769 current LCU per person (2023)
- Gross capital formation (constant 2015 US$), annual growth rate 4.22 % change on previous year (2023)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2572 constant 2015 US$ per US$ of GDP (2023)
- Gross capital formation (constant 2015 US$), per capita 12,823 constant 2015 US$ per person (2023)
Frequently asked questions
- What is gross capital formation (current lcu), annual growth rate in United Arab Emirates?
- Gross capital formation (current lcu), annual growth rate in United Arab Emirates was 4.47 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), annual growth rate recorded in United Arab Emirates?
- The highest recorded value was 51.84 % change on previous year in 2007.
- What is the lowest gross capital formation (current lcu), annual growth rate recorded in United Arab Emirates?
- The lowest recorded value was -18.96 % change on previous year in 2020.
- How does United Arab Emirates rank for gross capital formation (current lcu), annual growth rate?
- United Arab Emirates ranks 119th out of 186 countries with data for 2023.
- Is gross capital formation (current lcu), annual growth rate rising or falling in United Arab Emirates?
- Over the last ten years it is up 176.2%. The long-run trend across the full record is volatile.
- Where does this United Arab Emirates data come from?
- The figures come from Statizoid (derived), published as part of Gross capital formation (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross capital formation (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.