Gross capital formation in United Arab Emirates
United Arab Emirates: Gross capital formation was 26.6% 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 % of GDP.
Analysis
In 2023, gross capital formation in United Arab Emirates stood at 26.6%.
That represents a change of up 2.2% on the previous year and up 26.0% over ten years.
Over the whole period, gross capital formation in United Arab Emirates peaked at 31.6% in 2009 and was at its lowest, 19.3%, in 2006.
United Arab Emirates ranks 60th of 187 countries on this measure, 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 | % of GDP | Change |
|---|---|---|
| 2001 | 22.5% | — |
| 2002 | 22.5% | +0.2% |
| 2003 | 22.1% | -1.8% |
| 2004 | 20.0% | -9.7% |
| 2005 | 20.2% | +0.9% |
| 2006 | 19.3% | -4.4% |
| 2007 | 25.2% | +30.8% |
| 2008 | 25.1% | -0.4% |
| 2009 | 31.6% | +26.0% |
| 2010 | 28.9% | -8.6% |
| 2011 | 24.8% | -14.3% |
| 2012 | 23.4% | -5.5% |
| 2013 | 21.1% | -9.7% |
| 2014 | 22.1% | +4.6% |
| 2015 | 21.6% | -2.2% |
| 2016 | 20.9% | -3.3% |
| 2017 | 20.6% | -1.6% |
| 2018 | 21.2% | +2.7% |
| 2019 | 23.2% | +9.6% |
| 2020 | 22.8% | -1.5% |
| 2021 | 25.4% | +11.2% |
| 2022 | 26.1% | +2.7% |
| 2023 | 26.6% | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.2% | 19.3% | 31.6% | 9 |
| 2010s | 22.8% | 20.6% | 28.9% | 10 |
| 2020s | 25.2% | 22.8% | 26.6% | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 77.17 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.1397 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 7,024 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 45.64 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 48.71 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0826 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 4,154 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 22.86 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation in United Arab Emirates?
- Gross capital formation in United Arab Emirates was 26.6% 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 31.6% in 2009.
- What is the lowest gross capital formation recorded in United Arab Emirates?
- The lowest recorded value was 19.3% in 2006.
- How does United Arab Emirates rank for gross capital formation?
- United Arab Emirates ranks 60th 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 26.0%. 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.