Gross Fixed Capital Formation — Value Standard Local Currency (Fixed) in United Arab Emirates
United Arab Emirates: Gross Fixed Capital Formation — Value Standard Local Currency (Fixed) was 409,022 million SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency 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 in United Arab Emirates is 409,022 million SLC, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 5.8% on the previous year and up 39.7% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency in United Arab Emirates peaked at 409,022 million SLC in 2024 and was at its lowest, 1,318 million SLC, in 1970.
That places United Arab Emirates 98th out of 230 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 Fixed Capital Formation — Value Standard Local Currency (Fixed) in United Arab Emirates, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 1,318 million SLC | — |
| 1971 | 1,928 million SLC | +46.3% |
| 1972 | 2,951 million SLC | +53.1% |
| 1973 | 3,626 million SLC | +22.9% |
| 1974 | 7,044 million SLC | +94.3% |
| 1975 | 20,653 million SLC | +193.2% |
| 1976 | 28,404 million SLC | +37.5% |
| 1977 | 38,853 million SLC | +36.8% |
| 1978 | 44,150 million SLC | +13.6% |
| 1979 | 48,711 million SLC | +10.3% |
| 1980 | 51,644 million SLC | +6.0% |
| 1981 | 52,480 million SLC | +1.6% |
| 1982 | 54,261 million SLC | +3.4% |
| 1983 | 54,236 million SLC | -0.0% |
| 1984 | 49,877 million SLC | -8.0% |
| 1985 | 41,888 million SLC | -16.0% |
| 1986 | 40,028 million SLC | -4.4% |
| 1987 | 34,777 million SLC | -13.1% |
| 1988 | 35,797 million SLC | +2.9% |
| 1989 | 38,322 million SLC | +7.1% |
| 1990 | 41,280 million SLC | +7.7% |
| 1991 | 44,186 million SLC | +7.0% |
| 1992 | 51,036 million SLC | +15.5% |
| 1993 | 48,070 million SLC | -5.8% |
| 1994 | 55,802 million SLC | +16.1% |
| 1995 | 60,708 million SLC | +8.8% |
| 1996 | 64,429 million SLC | +6.1% |
| 1997 | 69,209 million SLC | +7.4% |
| 1998 | 70,898 million SLC | +2.4% |
| 1999 | 73,236 million SLC | +3.3% |
| 2000 | 77,966 million SLC | +6.5% |
| 2001 | 79,752 million SLC | +2.3% |
| 2002 | 85,150 million SLC | +6.8% |
| 2003 | 95,136 million SLC | +11.7% |
| 2004 | 101,635 million SLC | +6.8% |
| 2005 | 122,155 million SLC | +20.2% |
| 2006 | 143,675 million SLC | +17.6% |
| 2007 | 223,728 million SLC | +55.7% |
| 2008 | 262,645 million SLC | +17.4% |
| 2009 | 269,470 million SLC | +2.6% |
| 2010 | 266,507 million SLC | -1.1% |
| 2011 | 278,040 million SLC | +4.3% |
| 2012 | 288,919 million SLC | +3.9% |
| 2013 | 263,684 million SLC | -8.7% |
| 2014 | 292,768 million SLC | +11.0% |
| 2015 | 313,442 million SLC | +7.1% |
| 2016 | 310,741 million SLC | -0.9% |
| 2017 | 269,293 million SLC | -13.3% |
| 2018 | 269,273 million SLC | -0.0% |
| 2019 | 279,778 million SLC | +3.9% |
| 2020 | 245,478 million SLC | -12.3% |
| 2021 | 322,861 million SLC | +31.5% |
| 2022 | 369,905 million SLC | +14.6% |
| 2023 | 386,714 million SLC | +4.5% |
| 2024 | 409,022 million SLC | +5.8% |
United Arab Emirates compared with similar countries
- United Arab Emirates's 409,022 million SLC is above the median for high income countries, which is 36,467 million SLC, 11.2× the median. (73 countries reporting)
- United Arab Emirates's 409,022 million SLC is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 347,392 million SLC, 1.2× the median. (22 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value Standard Local Currency (Fixed) 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.
| Year | Change | From | To |
|---|---|---|---|
| 1975 | +193.2% | 7,044 million SLC | 20,653 million SLC |
| 1974 | +94.3% | 3,626 million SLC | 7,044 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 19,764 million SLC | 1,318 million SLC | 48,711 million SLC | 10 |
| 1980s | 45,331 million SLC | 34,777 million SLC | 54,261 million SLC | 10 |
| 1990s | 57,885 million SLC | 41,280 million SLC | 73,236 million SLC | 10 |
| 2000s | 146,131 million SLC | 77,966 million SLC | 269,470 million SLC | 10 |
| 2010s | 283,244 million SLC | 263,684 million SLC | 313,442 million SLC | 10 |
| 2020s | 346,796 million SLC | 245,478 million SLC | 409,022 million SLC | 5 |
Countries ranked near United Arab Emirates
More economy & growth data for United Arab Emirates
- Real gdp growth, annual growth rate -7.18 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 5.28 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0056 units per US$ of GDP (2024)
- SDRs holdings, US dollar, per capita 285.14 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.2593 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0043 units per US$ of GDP (2024)
- SDRs holdings, SDR, per capita 208.21 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.68 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency in United Arab Emirates?
- Gross fixed capital formation — value standard local currency in United Arab Emirates was 409,022 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 recorded in United Arab Emirates?
- The highest recorded value was 409,022 million SLC in 2024.
- What is the lowest gross fixed capital formation — value standard local currency recorded in United Arab Emirates?
- The lowest recorded value was 1,318 million SLC in 1970.
- How does United Arab Emirates rank for gross fixed capital formation — value standard local currency?
- United Arab Emirates ranks 98th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency rising or falling in United Arab Emirates?
- Over the last ten years it is up 39.7%. 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. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).