Gross capital formation (current LCU) in United Arab Emirates
United Arab Emirates: Gross capital formation (current LCU) was 511.28 billion current 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 current LCU.
Analysis
United Arab Emirates recorded 511.28 billion current LCU for gross capital formation in 2023. That is the highest value across all 23 years on record.
Compared with earlier readings it is up 4.5% on the previous year and up 60.8% over ten years.
Over the whole period, gross capital formation in United Arab Emirates peaked at 511.28 billion current LCU in 2023 and was at its lowest, 85.38 billion current LCU, in 2001.
That places United Arab Emirates 82nd out of 187 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 (current LCU) in United Arab Emirates, year by year
| Year | current LCU | Change |
|---|---|---|
| 2001 | 85.38 billion current LCU | — |
| 2002 | 90.93 billion current LCU | +6.5% |
| 2003 | 101.06 billion current LCU | +11.1% |
| 2004 | 108.46 billion current LCU | +7.3% |
| 2005 | 133.77 billion current LCU | +23.3% |
| 2006 | 157.19 billion current LCU | +17.5% |
| 2007 | 238.69 billion current LCU | +51.8% |
| 2008 | 290.78 billion current LCU | +21.8% |
| 2009 | 294.56 billion current LCU | +1.3% |
| 2010 | 326.83 billion current LCU | +11.0% |
| 2011 | 335.62 billion current LCU | +2.7% |
| 2012 | 337.86 billion current LCU | +0.7% |
| 2013 | 318.04 billion current LCU | -5.9% |
| 2014 | 345.23 billion current LCU | +8.6% |
| 2015 | 303.61 billion current LCU | -12.1% |
| 2016 | 293.40 billion current LCU | -3.4% |
| 2017 | 305.21 billion current LCU | +4.0% |
| 2018 | 342.38 billion current LCU | +12.2% |
| 2019 | 369.48 billion current LCU | +7.9% |
| 2020 | 299.41 billion current LCU | -19.0% |
| 2021 | 393.80 billion current LCU | +31.5% |
| 2022 | 489.41 billion current LCU | +24.3% |
| 2023 | 511.28 billion current LCU | +4.5% |
United Arab Emirates compared with similar countries
- United Arab Emirates's 511.28 billion current LCU is above the median for high income countries, which is 146.46 billion current LCU, 3.5× the median. (67 countries reporting)
- United Arab Emirates's 511.28 billion current LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 262.91 billion current LCU, 1.9× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 166.76 billion current LCU | 85.38 billion current LCU | 294.56 billion current LCU | 9 |
| 2010s | 327.77 billion current LCU | 293.40 billion current LCU | 369.48 billion current LCU | 10 |
| 2020s | 423.48 billion current LCU | 299.41 billion current LCU | 511.28 billion current LCU | 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)
- SDRs holdings, US dollar, annual growth rate 5.28 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0056 units per US$ of GDP (2024)
- SDRs holdings, US dollar, per capita 285.14 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.2593 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0043 units per US$ of GDP (2024)
- SDRs holdings, SDR, per capita 208.21 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.68 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0041 units 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 511.28 billion current 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 511.28 billion current LCU in 2023.
- What is the lowest gross capital formation recorded in United Arab Emirates?
- The lowest recorded value was 85.38 billion current LCU in 2001.
- How does United Arab Emirates rank for gross capital formation?
- United Arab Emirates ranks 82nd out of 187 countries with data for 2023.
- Is gross capital formation rising or falling in United Arab Emirates?
- Over the last ten years it is up 60.8%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.