Gross domestic product (GDP), annual growth rate in United Arab Emirates
United Arab Emirates: Gross domestic product (GDP), annual growth rate was 2.34 % change on previous year in 2023. ◆ Volatile
Gross domestic product (GDP), annual growth rate in United Arab Emirates, 1987–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, gross domestic product (gdp), annual growth rate in United Arab Emirates stood at 2.34 % change on previous year.
The figure is down 80.0% on the previous year and up 242.9% over ten years.
Over the whole period, gross domestic product (gdp), annual growth rate in United Arab Emirates peaked at 21.74 % change on previous year in 2000 and was at its lowest, -19.08 % change on previous year, in 1993.
That places United Arab Emirates 98th out of 184 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 domestic product (GDP), annual growth rate in United Arab Emirates, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1987 | -13.52 % change on previous year | — |
| 1988 | 13.15 % change on previous year | -197.2% |
| 1989 | 16.42 % change on previous year | +24.9% |
| 1990 | 17.68 % change on previous year | +7.7% |
| 1991 | -7.23 % change on previous year | -140.9% |
| 1992 | 4.27 % change on previous year | -159.1% |
| 1993 | -19.08 % change on previous year | -546.7% |
| 1994 | 6.11 % change on previous year | -132.0% |
| 1995 | 10.23 % change on previous year | +67.4% |
| 1996 | 5.97 % change on previous year | -41.6% |
| 1997 | 7.31 % change on previous year | +22.4% |
| 1998 | -3.86 % change on previous year | -152.8% |
| 1999 | 7.81 % change on previous year | -302.3% |
| 2000 | 21.74 % change on previous year | +178.4% |
| 2001 | 3.39 % change on previous year | -84.4% |
| 2002 | -0.1726 % change on previous year | -105.1% |
| 2003 | 9.43 % change on previous year | -5566.1% |
| 2004 | 7.86 % change on previous year | -16.7% |
| 2005 | 18.67 % change on previous year | +137.5% |
| 2006 | 17.78 % change on previous year | -4.8% |
| 2007 | 9.42 % change on previous year | -47.0% |
| 2008 | 11.68 % change on previous year | +23.9% |
| 2009 | -14.96 % change on previous year | -228.1% |
| 2010 | 5.73 % change on previous year | -138.3% |
| 2011 | 15.99 % change on previous year | +179.1% |
| 2012 | 5.7 % change on previous year | -64.4% |
| 2013 | -1.64 % change on previous year | -128.7% |
| 2014 | 4.2 % change on previous year | -356.8% |
| 2015 | -16.27 % change on previous year | -487.4% |
| 2016 | -3.15 % change on previous year | -80.6% |
| 2017 | -7.12 % change on previous year | +126.0% |
| 2018 | 7.24 % change on previous year | -201.7% |
| 2019 | 5.08 % change on previous year | -29.8% |
| 2020 | -4 % change on previous year | -178.8% |
| 2021 | -4.96 % change on previous year | +23.8% |
| 2022 | 11.71 % change on previous year | -336.2% |
| 2023 | 2.34 % change on previous year | -80.0% |
Biggest year-on-year movements
Years where Gross domestic product (GDP), annual growth rate in United Arab Emirates changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +5566.1% | -0.1726 % change on previous year | 9.43 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.35 % change on previous year | -13.52 % change on previous year | 16.42 % change on previous year | 3 |
| 1990s | 2.92 % change on previous year | -19.08 % change on previous year | 17.68 % change on previous year | 10 |
| 2000s | 8.48 % change on previous year | -14.96 % change on previous year | 21.74 % change on previous year | 10 |
| 2010s | 1.58 % change on previous year | -16.27 % change on previous year | 15.99 % change on previous year | 10 |
| 2020s | 1.27 % change on previous year | -4.96 % change on previous year | 11.71 % change on previous year | 4 |
Countries ranked near United Arab Emirates
- 95 Latvia 2.41 % change on previous year compare
- 96 Saint Kitts and Nevis 2.4 % change on previous year compare
- 97 Slovenia 2.39 % change on previous year compare
- 99 Greece 2.25 % change on previous year compare
- 100 Lesotho 2.17 % change on previous year compare
- 101 Japan 2.13 % 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)
- 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 domestic product (gdp), annual growth rate in United Arab Emirates?
- Gross domestic product (gdp), annual growth rate in United Arab Emirates was 2.34 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), annual growth rate recorded in United Arab Emirates?
- The highest recorded value was 21.74 % change on previous year in 2000.
- What is the lowest gross domestic product (gdp), annual growth rate recorded in United Arab Emirates?
- The lowest recorded value was -19.08 % change on previous year in 1993.
- How does United Arab Emirates rank for gross domestic product (gdp), annual growth rate?
- United Arab Emirates ranks 98th out of 184 countries with data for 2023.
- Is gross domestic product (gdp), annual growth rate rising or falling in United Arab Emirates?
- Over the last ten years it is up 242.9%. 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 domestic product (GDP), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 37 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 domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP) Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data
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 domestic product (GDP). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.