Gross Domestic Product — Value US$, 2015 prices in United Arab Emirates
United Arab Emirates: Gross Domestic Product — Value US$, 2015 prices was 462,404 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$, 2015 prices in United Arab Emirates, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross domestic product — value us$, 2015 prices in United Arab Emirates is 462,404 million USD, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 3.8% on the previous year and up 33.4% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in United Arab Emirates peaked at 462,404 million USD in 2024 and was at its lowest, 29,210 million USD, in 1970.
United Arab Emirates ranks 29th of 203 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, 2015 prices in United Arab Emirates, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 29,210 million USD | — |
| 1971 | 33,445 million USD | +14.5% |
| 1972 | 38,294 million USD | +14.5% |
| 1973 | 43,847 million USD | +14.5% |
| 1974 | 50,204 million USD | +14.5% |
| 1975 | 53,331 million USD | +6.2% |
| 1976 | 61,352 million USD | +15.0% |
| 1977 | 72,053 million USD | +17.4% |
| 1978 | 70,362 million USD | -2.3% |
| 1979 | 87,874 million USD | +24.9% |
| 1980 | 111,090 million USD | +26.4% |
| 1981 | 114,247 million USD | +2.8% |
| 1982 | 104,822 million USD | -8.2% |
| 1983 | 99,552 million USD | -5.0% |
| 1984 | 103,852 million USD | +4.3% |
| 1985 | 101,370 million USD | -2.4% |
| 1986 | 82,146 million USD | -19.0% |
| 1987 | 87,287 million USD | +6.3% |
| 1988 | 85,194 million USD | -2.4% |
| 1989 | 96,722 million USD | +13.5% |
| 1990 | 113,891 million USD | +17.8% |
| 1991 | 114,870 million USD | +0.9% |
| 1992 | 118,713 million USD | +3.3% |
| 1993 | 120,210 million USD | +1.3% |
| 1994 | 130,551 million USD | +8.6% |
| 1995 | 141,280 million USD | +8.2% |
| 1996 | 149,560 million USD | +5.9% |
| 1997 | 162,498 million USD | +8.7% |
| 1998 | 165,147 million USD | +1.6% |
| 1999 | 172,388 million USD | +4.4% |
| 2000 | 193,449 million USD | +12.2% |
| 2001 | 196,110 million USD | +1.4% |
| 2002 | 200,882 million USD | +2.4% |
| 2003 | 218,561 million USD | +8.8% |
| 2004 | 239,469 million USD | +9.6% |
| 2005 | 251,096 million USD | +4.9% |
| 2006 | 275,797 million USD | +9.8% |
| 2007 | 284,580 million USD | +3.2% |
| 2008 | 297,135 million USD | +4.4% |
| 2009 | 284,886 million USD | -4.1% |
| 2010 | 292,969 million USD | +2.8% |
| 2011 | 311,180 million USD | +6.2% |
| 2012 | 316,857 million USD | +1.8% |
| 2013 | 332,876 million USD | +5.1% |
| 2014 | 346,743 million USD | +4.2% |
| 2015 | 370,275 million USD | +6.8% |
| 2016 | 390,868 million USD | +5.6% |
| 2017 | 393,741 million USD | +0.7% |
| 2018 | 398,915 million USD | +1.3% |
| 2019 | 403,336 million USD | +1.1% |
| 2020 | 383,343 million USD | -5.0% |
| 2021 | 400,036 million USD | +4.4% |
| 2022 | 430,078 million USD | +7.5% |
| 2023 | 445,641 million USD | +3.6% |
| 2024 | 462,404 million USD | +3.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 53,997 million USD | 29,210 million USD | 87,874 million USD | 10 |
| 1980s | 98,628 million USD | 82,146 million USD | 114,247 million USD | 10 |
| 1990s | 138,911 million USD | 113,891 million USD | 172,388 million USD | 10 |
| 2000s | 244,196 million USD | 193,449 million USD | 297,135 million USD | 10 |
| 2010s | 355,776 million USD | 292,969 million USD | 403,336 million USD | 10 |
| 2020s | 424,300 million USD | 383,343 million USD | 462,404 million USD | 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 12.58 % change on previous year (2023)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.9267 constant 2015 US$ per US$ of GDP (2023)
- Imports of goods and services (constant 2015 US$), per capita 46,196 constant 2015 US$ per person (2023)
- External balance on goods and services (current US$), annual growth -18.48 % change on previous year (2023)
- External balance on goods and services (current LCU), annual growth -18.48 % change on previous year (2023)
- Agriculture, forestry, and fishing, value added (current LCU), annual 6.43 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0283 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 1,421 current LCU per person (2024)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in United Arab Emirates?
- Gross domestic product — value us$, 2015 prices in United Arab Emirates was 462,404 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in United Arab Emirates?
- The highest recorded value was 462,404 million USD in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in United Arab Emirates?
- The lowest recorded value was 29,210 million USD in 1970.
- How does United Arab Emirates rank for gross domestic product — value us$, 2015 prices?
- United Arab Emirates ranks 29th out of 203 countries with data for 2024.
- Is gross domestic product — value us$, 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
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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).