Gross Domestic Product — Value US$ in United Arab Emirates

United Arab Emirates: Gross Domestic Product — Value US$ was 537,079 million USD in 2024. ◆ Volatile

Latest (2024)
537,079 million USD
Change on year
up 4.5%
World rank
28th
of 203 countries
All-time high
537,079 million USD
in 2024
All-time low
1,067 million USD
in 1970
Years of data
55
1970–2024

Gross Domestic Product — Value US$ in United Arab Emirates, 1970–2024

0200.0k400.0k600.0k197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

United Arab Emirates recorded 537,079 million USD for gross domestic product — value us$ in 2024. That is the highest value across all 55 years on record.

That represents a change of up 4.5% on the previous year and up 29.7% over ten years.

Over the whole period, gross domestic product — value us$ in United Arab Emirates peaked at 537,079 million USD in 2024 and was at its lowest, 1,067 million USD, in 1970.

That places United Arab Emirates 28th out of 203 countries with data for 2024, putting it 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$ in United Arab Emirates, year by year

Annual values for Gross Domestic Product — Value US$ in United Arab Emirates, 1970 to 2024.
Year million USD Change
1970 1,067 million USD
1971 1,462 million USD +37.0%
1972 2,202 million USD +50.6%
1973 4,268 million USD +93.8%
1974 11,769 million USD +175.8%
1975 14,913 million USD +26.7%
1976 19,464 million USD +30.5%
1977 25,197 million USD +29.5%
1978 24,086 million USD -4.4%
1979 31,634 million USD +31.3%
1980 44,169 million USD +39.6%
1981 49,978 million USD +13.2%
1982 47,232 million USD -5.5%
1983 43,363 million USD -8.2%
1984 42,354 million USD -2.3%
1985 41,134 million USD -2.9%
1986 34,387 million USD -16.4%
1987 36,860 million USD +7.2%
1988 36,750 million USD -0.3%
1989 42,007 million USD +14.3%
1990 51,364 million USD +22.3%
1991 52,226 million USD +1.7%
1992 54,948 million USD +5.2%
1993 56,352 million USD +2.6%
1994 60,080 million USD +6.6%
1995 66,603 million USD +10.9%
1996 74,533 million USD +11.9%
1997 79,866 million USD +7.2%
1998 76,663 million USD -4.0%
1999 85,549 million USD +11.6%
2000 105,701 million USD +23.6%
2001 104,662 million USD -1.0%
2002 111,251 million USD +6.3%
2003 125,971 million USD +13.2%
2004 149,756 million USD +18.9%
2005 182,978 million USD +22.2%
2006 225,019 million USD +23.0%
2007 261,287 million USD +16.1%
2008 323,376 million USD +23.8%
2009 262,971 million USD -18.7%
2010 300,189 million USD +14.2%
2011 360,833 million USD +20.2%
2012 384,610 million USD +6.6%
2013 400,219 million USD +4.1%
2014 414,105 million USD +3.5%
2015 370,275 million USD -10.6%
2016 369,255 million USD -0.3%
2017 390,517 million USD +5.8%
2018 427,049 million USD +9.4%
2019 417,990 million USD -2.1%
2020 349,473 million USD -16.4%
2021 415,179 million USD +18.8%
2022 502,732 million USD +21.1%
2023 514,130 million USD +2.3%
2024 537,079 million USD +4.5%

Averages by decade

DecadeAverage LowestHighest Years
1970s 13,606 million USD 1,067 million USD 31,634 million USD 10
1980s 41,823 million USD 34,387 million USD 49,978 million USD 10
1990s 65,818 million USD 51,364 million USD 85,549 million USD 10
2000s 185,297 million USD 104,662 million USD 323,376 million USD 10
2010s 383,504 million USD 300,189 million USD 427,049 million USD 10
2020s 463,719 million USD 349,473 million USD 537,079 million USD 5

Countries ranked near United Arab Emirates

  1. 25 Ireland 577,390 million USD compare
  2. 26 Singapore 543,042 million USD compare
  3. 27 Israel 541,885 million USD compare
  4. 29 Thailand 525,430 million USD compare
  5. 30 Austria 521,642 million USD compare
  6. 31 Norway 486,092 million USD compare

See the full ranking of 252 places →

More economy & growth data for United Arab Emirates

All data for United Arab Emirates →

Frequently asked questions

What is gross domestic product — value us$ in United Arab Emirates?
Gross domestic product — value us$ in United Arab Emirates was 537,079 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross domestic product — value us$ recorded in United Arab Emirates?
The highest recorded value was 537,079 million USD in 2024.
What is the lowest gross domestic product — value us$ recorded in United Arab Emirates?
The lowest recorded value was 1,067 million USD in 1970.
How does United Arab Emirates rank for gross domestic product — value us$?
United Arab Emirates ranks 28th out of 203 countries with data for 2024.
Is gross domestic product — value us$ rising or falling in United Arab Emirates?
Over the last ten years it is up 29.7%. 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$. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value US$ in United Arab Emirates. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 28 August 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us/united-arab-emirates/

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About this data

Indicator
Gross Domestic Product — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
252 places, 12,899 data points, 1970–2024
Last refreshed

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).