Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in United Arab Emirates
United Arab Emirates: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 386,677 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 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 fixed capital formation — value standard local currency, 2015 in United Arab Emirates is 386,677 million SLC, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 3.2% on the previous year and up 44.7% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in United Arab Emirates peaked at 386,677 million SLC in 2024 and was at its lowest, 26,396 million SLC, in 1970.
United Arab Emirates ranks 73rd of 194 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 Fixed Capital Formation — Value Standard Local Currency, 2015 in United Arab Emirates, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 26,396 million SLC | — |
| 1971 | 32,250 million SLC | +22.2% |
| 1972 | 40,818 million SLC | +26.6% |
| 1973 | 32,513 million SLC | -20.3% |
| 1974 | 26,473 million SLC | -18.6% |
| 1975 | 65,032 million SLC | +145.6% |
| 1976 | 77,751 million SLC | +19.6% |
| 1977 | 105,802 million SLC | +36.1% |
| 1978 | 124,874 million SLC | +18.0% |
| 1979 | 125,807 million SLC | +0.7% |
| 1980 | 122,343 million SLC | -2.8% |
| 1981 | 117,860 million SLC | -3.7% |
| 1982 | 118,306 million SLC | +0.4% |
| 1983 | 121,762 million SLC | +2.9% |
| 1984 | 119,758 million SLC | -1.6% |
| 1985 | 101,452 million SLC | -15.3% |
| 1986 | 97,927 million SLC | -3.5% |
| 1987 | 82,579 million SLC | -15.7% |
| 1988 | 82,716 million SLC | +0.2% |
| 1989 | 86,901 million SLC | +5.1% |
| 1990 | 93,090 million SLC | +7.1% |
| 1991 | 98,843 million SLC | +6.2% |
| 1992 | 112,141 million SLC | +13.5% |
| 1993 | 75,996 million SLC | -32.2% |
| 1994 | 87,997 million SLC | +15.8% |
| 1995 | 94,295 million SLC | +7.2% |
| 1996 | 99,017 million SLC | +5.0% |
| 1997 | 105,395 million SLC | +6.4% |
| 1998 | 107,391 million SLC | +1.9% |
| 1999 | 110,956 million SLC | +3.3% |
| 2000 | 117,727 million SLC | +6.1% |
| 2001 | 119,225 million SLC | +1.3% |
| 2002 | 126,144 million SLC | +5.8% |
| 2003 | 135,669 million SLC | +7.6% |
| 2004 | 139,208 million SLC | +2.6% |
| 2005 | 160,199 million SLC | +15.1% |
| 2006 | 184,045 million SLC | +14.9% |
| 2007 | 263,718 million SLC | +43.3% |
| 2008 | 267,654 million SLC | +1.5% |
| 2009 | 288,347 million SLC | +7.7% |
| 2010 | 264,001 million SLC | -8.4% |
| 2011 | 262,144 million SLC | -0.7% |
| 2012 | 265,801 million SLC | +1.4% |
| 2013 | 253,326 million SLC | -4.7% |
| 2014 | 267,310 million SLC | +5.5% |
| 2015 | 313,442 million SLC | +17.3% |
| 2016 | 319,416 million SLC | +1.9% |
| 2017 | 286,747 million SLC | -10.2% |
| 2018 | 269,436 million SLC | -6.0% |
| 2019 | 294,480 million SLC | +9.3% |
| 2020 | 244,986 million SLC | -16.8% |
| 2021 | 247,912 million SLC | +1.2% |
| 2022 | 356,627 million SLC | +43.9% |
| 2023 | 374,833 million SLC | +5.1% |
| 2024 | 386,677 million SLC | +3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 65,772 million SLC | 26,396 million SLC | 125,807 million SLC | 10 |
| 1980s | 105,160 million SLC | 82,579 million SLC | 122,343 million SLC | 10 |
| 1990s | 98,512 million SLC | 75,996 million SLC | 112,141 million SLC | 10 |
| 2000s | 180,194 million SLC | 117,727 million SLC | 288,347 million SLC | 10 |
| 2010s | 279,610 million SLC | 253,326 million SLC | 319,416 million SLC | 10 |
| 2020s | 322,207 million SLC | 244,986 million SLC | 386,677 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)
- 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 fixed capital formation — value standard local currency, 2015 in United Arab Emirates?
- Gross fixed capital formation — value standard local currency, 2015 in United Arab Emirates was 386,677 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in United Arab Emirates?
- The highest recorded value was 386,677 million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in United Arab Emirates?
- The lowest recorded value was 26,396 million SLC in 1970.
- How does United Arab Emirates rank for gross fixed capital formation — value standard local currency, 2015?
- United Arab Emirates ranks 73rd out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in United Arab Emirates?
- Over the last ten years it is up 44.7%. 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 Fixed Capital Formation — 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).