Gross Domestic Product — Value Standard Local Currency, 2015 prices in United Arab Emirates
United Arab Emirates: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 1.70 million million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in United Arab Emirates, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for gross domestic product — value standard local currency, 2015 prices in United Arab Emirates is 1.70 million million SLC, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 3.8% on the previous year and up 33.4% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in United Arab Emirates peaked at 1.70 million million SLC in 2024 and was at its lowest, 107,273 million SLC, in 1970.
That places United Arab Emirates 76th out of 194 countries with data for 2024, 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 — Value Standard Local Currency, 2015 prices in United Arab Emirates, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 107,273 million SLC | — |
| 1971 | 122,826 million SLC | +14.5% |
| 1972 | 140,636 million SLC | +14.5% |
| 1973 | 161,029 million SLC | +14.5% |
| 1974 | 184,375 million SLC | +14.5% |
| 1975 | 195,857 million SLC | +6.2% |
| 1976 | 225,317 million SLC | +15.0% |
| 1977 | 264,613 million SLC | +17.4% |
| 1978 | 258,406 million SLC | -2.3% |
| 1979 | 322,716 million SLC | +24.9% |
| 1980 | 407,980 million SLC | +26.4% |
| 1981 | 419,573 million SLC | +2.8% |
| 1982 | 384,957 million SLC | -8.3% |
| 1983 | 365,604 million SLC | -5.0% |
| 1984 | 381,395 million SLC | +4.3% |
| 1985 | 372,283 million SLC | -2.4% |
| 1986 | 301,680 million SLC | -19.0% |
| 1987 | 320,561 million SLC | +6.3% |
| 1988 | 312,873 million SLC | -2.4% |
| 1989 | 355,211 million SLC | +13.5% |
| 1990 | 418,264 million SLC | +17.8% |
| 1991 | 421,862 million SLC | +0.9% |
| 1992 | 435,974 million SLC | +3.3% |
| 1993 | 441,472 million SLC | +1.3% |
| 1994 | 479,449 million SLC | +8.6% |
| 1995 | 518,852 million SLC | +8.2% |
| 1996 | 549,258 million SLC | +5.9% |
| 1997 | 596,774 million SLC | +8.7% |
| 1998 | 606,501 million SLC | +1.6% |
| 1999 | 633,097 million SLC | +4.4% |
| 2000 | 710,440 million SLC | +12.2% |
| 2001 | 720,214 million SLC | +1.4% |
| 2002 | 737,739 million SLC | +2.4% |
| 2003 | 802,664 million SLC | +8.8% |
| 2004 | 879,452 million SLC | +9.6% |
| 2005 | 922,150 million SLC | +4.9% |
| 2006 | 1.01 million million SLC | +9.8% |
| 2007 | 1.05 million million SLC | +3.2% |
| 2008 | 1.09 million million SLC | +4.4% |
| 2009 | 1.05 million million SLC | -4.1% |
| 2010 | 1.08 million million SLC | +2.8% |
| 2011 | 1.14 million million SLC | +6.2% |
| 2012 | 1.16 million million SLC | +1.8% |
| 2013 | 1.22 million million SLC | +5.1% |
| 2014 | 1.27 million million SLC | +4.2% |
| 2015 | 1.36 million million SLC | +6.8% |
| 2016 | 1.44 million million SLC | +5.6% |
| 2017 | 1.45 million million SLC | +0.7% |
| 2018 | 1.47 million million SLC | +1.3% |
| 2019 | 1.48 million million SLC | +1.1% |
| 2020 | 1.41 million million SLC | -5.0% |
| 2021 | 1.47 million million SLC | +4.4% |
| 2022 | 1.58 million million SLC | +7.5% |
| 2023 | 1.64 million million SLC | +3.6% |
| 2024 | 1.70 million million SLC | +3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 198,305 million SLC | 107,273 million SLC | 322,716 million SLC | 10 |
| 1980s | 362,212 million SLC | 301,680 million SLC | 419,573 million SLC | 10 |
| 1990s | 510,150 million SLC | 418,264 million SLC | 633,097 million SLC | 10 |
| 2000s | 896,811 million SLC | 710,440 million SLC | 1.09 million million SLC | 10 |
| 2010s | 1.31 million million SLC | 1.08 million million SLC | 1.48 million million SLC | 10 |
| 2020s | 1.56 million million SLC | 1.41 million million SLC | 1.70 million million SLC | 5 |
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 domestic product — value standard local currency, 2015 prices in United Arab Emirates?
- Gross domestic product — value standard local currency, 2015 prices in United Arab Emirates was 1.70 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in United Arab Emirates?
- The highest recorded value was 1.70 million million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in United Arab Emirates?
- The lowest recorded value was 107,273 million SLC in 1970.
- How does United Arab Emirates rank for gross domestic product — value standard local currency, 2015 prices?
- United Arab Emirates ranks 76th out of 194 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in United Arab Emirates?
- Over the last ten years it is up 33.4%. The long-run trend across the full record is volatile.
- Where does this United Arab Emirates data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).