Gross Domestic Product — Value Standard Local Currency, annual growth in United Arab Emirates

United Arab Emirates: Gross Domestic Product — Value Standard Local Currency, annual growth was 4.46 % change on previous year in 2024. ◆ Volatile

Latest (2024)
4.46 % change on previous year
Change on year
up 96.9%
World rank
160th
of 218 countries
All-time high
173.2 % change on previous year
in 1974
All-time low
-18.68 % change on previous year
in 2009
Years of data
54
1971–2024

Gross Domestic Product — Value Standard Local Currency, annual growth in United Arab Emirates, 1971–2024

050100150197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gross domestic product — value standard local currency, annual growth in United Arab Emirates stood at 4.46 % change on previous year.

Compared with earlier readings it is up 96.9% on the previous year and up 28.6% over ten years.

Over the whole period, gross domestic product — value standard local currency, annual growth in United Arab Emirates peaked at 173.2 % change on previous year in 1974 and was at its lowest, -18.68 % change on previous year, in 2009.

United Arab Emirates ranks 160th of 218 countries on this measure, 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, annual growth in United Arab Emirates, year by year

Annual values for Gross Domestic Product — Value Standard Local Currency, annual growth rate in United Arab Emirates, 1971 to 2024.
Year % change on previous year Change
1971 36.61 % change on previous year
1972 39.08 % change on previous year +6.7%
1973 76.62 % change on previous year +96.1%
1974 173.2 % change on previous year +126.1%
1975 26.79 % change on previous year -84.5%
1976 30.25 % change on previous year +12.9%
1977 27.82 % change on previous year -8.0%
1978 -5.19 % change on previous year -118.7%
1979 29.45 % change on previous year -667.2%
1980 35.66 % change on previous year +21.1%
1981 12.04 % change on previous year -66.2%
1982 -5.49 % change on previous year -145.6%
1983 -8.19 % change on previous year +49.1%
1984 -2.33 % change on previous year -71.6%
1985 -2.88 % change on previous year +23.9%
1986 -16.4 % change on previous year +469.4%
1987 7.19 % change on previous year -143.8%
1988 -0.3 % change on previous year -104.2%
1989 14.31 % change on previous year -4867.7%
1990 22.28 % change on previous year +55.7%
1991 1.68 % change on previous year -92.5%
1992 5.21 % change on previous year +210.6%
1993 2.56 % change on previous year -51.0%
1994 6.62 % change on previous year +158.9%
1995 10.86 % change on previous year +64.1%
1996 11.91 % change on previous year +9.7%
1997 7.16 % change on previous year -39.9%
1998 -3.97 % change on previous year -155.5%
1999 11.59 % change on previous year -391.6%
2000 23.56 % change on previous year +103.2%
2001 -0.9833 % change on previous year -104.2%
2002 6.3 % change on previous year -740.3%
2003 13.23 % change on previous year +110.2%
2004 18.88 % change on previous year +42.7%
2005 22.18 % change on previous year +17.5%
2006 22.98 % change on previous year +3.6%
2007 16.12 % change on previous year -29.9%
2008 23.76 % change on previous year +47.4%
2009 -18.68 % change on previous year -178.6%
2010 14.15 % change on previous year -175.8%
2011 20.2 % change on previous year +42.7%
2012 6.59 % change on previous year -67.4%
2013 4.06 % change on previous year -38.4%
2014 3.47 % change on previous year -14.5%
2015 -10.58 % change on previous year -405.0%
2016 -0.2758 % change on previous year -97.4%
2017 5.76 % change on previous year -2187.9%
2018 9.36 % change on previous year +62.5%
2019 -2.12 % change on previous year -122.7%
2020 -16.39 % change on previous year +672.7%
2021 18.8 % change on previous year -214.7%
2022 21.09 % change on previous year +12.2%
2023 2.27 % change on previous year -89.2%
2024 4.46 % change on previous year +96.9%

Biggest year-on-year movements

Years where Gross Domestic Product — Value Standard Local Currency, annual growth 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.

YearChange FromTo
1989 +4867.7% -0.3 % change on previous year 14.31 % change on previous year
2017 +2187.9% -0.2758 % change on previous year 5.76 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 48.29 % change on previous year -5.19 % change on previous year 173.2 % change on previous year 9
1980s 3.36 % change on previous year -16.4 % change on previous year 35.66 % change on previous year 10
1990s 7.59 % change on previous year -3.97 % change on previous year 22.28 % change on previous year 10
2000s 12.73 % change on previous year -18.68 % change on previous year 23.76 % change on previous year 10
2010s 5.06 % change on previous year -10.58 % change on previous year 20.2 % change on previous year 10
2020s 6.05 % change on previous year -16.39 % change on previous year 21.09 % change on previous year 5

Countries ranked near United Arab Emirates

  1. 157 Ireland 4.61 % change on previous year compare
  2. 158 New Caledonia 4.57 % change on previous year compare
  3. 159 Dominica 4.49 % change on previous year compare
  4. 161 El Salvador 4.46 % change on previous year compare
  5. 162 South Africa 4.45 % change on previous year compare
  6. 163 Jordan 4.43 % change on previous year compare

See the full ranking of 218 places →

More economy & growth data for United Arab Emirates

All data for United Arab Emirates →

Frequently asked questions

What is gross domestic product — value standard local currency, annual growth in United Arab Emirates?
Gross domestic product — value standard local currency, annual growth in United Arab Emirates was 4.46 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross domestic product — value standard local currency, annual growth recorded in United Arab Emirates?
The highest recorded value was 173.2 % change on previous year in 1974.
What is the lowest gross domestic product — value standard local currency, annual growth recorded in United Arab Emirates?
The lowest recorded value was -18.68 % change on previous year in 2009.
How does United Arab Emirates rank for gross domestic product — value standard local currency, annual growth?
United Arab Emirates ranks 160th out of 218 countries with data for 2024.
Is gross domestic product — value standard local currency, annual growth rising or falling in United Arab Emirates?
Over the last ten years it is up 28.6%. 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 — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value Standard Local Currency, annual growth in United Arab Emirates. Statizoid, drawing on Statizoid (derived). Retrieved 19 September 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-standard-local-currency-annual-growth-rate/united-arab-emirates/

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How this figure is calculated

The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross Domestic Product — Value Standard Local Currency, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
218 places, 10,731 data points, 1971–2024
Last refreshed

The year-on-year percentage change in Gross Domestic Product — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.