Gross Fixed Capital Formation — Value US$, 2015 prices in United Arab Emirates
United Arab Emirates: Gross Fixed Capital Formation — Value US$, 2015 prices was 105,290 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in United Arab Emirates, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
United Arab Emirates recorded 105,290 million USD for gross fixed capital formation — value us$, 2015 prices in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 3.2% on the previous year and up 44.7% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in United Arab Emirates peaked at 105,290 million USD in 2024 and was at its lowest, 7,188 million USD, in 1970.
That places United Arab Emirates 28th out of 203 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices in United Arab Emirates, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 7,188 million USD | — |
| 1971 | 8,782 million USD | +22.2% |
| 1972 | 11,114 million USD | +26.6% |
| 1973 | 8,853 million USD | -20.3% |
| 1974 | 7,209 million USD | -18.6% |
| 1975 | 17,708 million USD | +145.6% |
| 1976 | 21,171 million USD | +19.6% |
| 1977 | 28,809 million USD | +36.1% |
| 1978 | 34,002 million USD | +18.0% |
| 1979 | 34,257 million USD | +0.7% |
| 1980 | 33,313 million USD | -2.8% |
| 1981 | 32,092 million USD | -3.7% |
| 1982 | 32,214 million USD | +0.4% |
| 1983 | 33,155 million USD | +2.9% |
| 1984 | 32,610 million USD | -1.6% |
| 1985 | 27,625 million USD | -15.3% |
| 1986 | 26,665 million USD | -3.5% |
| 1987 | 22,486 million USD | -15.7% |
| 1988 | 22,523 million USD | +0.2% |
| 1989 | 23,663 million USD | +5.1% |
| 1990 | 25,348 million USD | +7.1% |
| 1991 | 26,914 million USD | +6.2% |
| 1992 | 30,535 million USD | +13.5% |
| 1993 | 20,693 million USD | -32.2% |
| 1994 | 23,961 million USD | +15.8% |
| 1995 | 25,676 million USD | +7.2% |
| 1996 | 26,962 million USD | +5.0% |
| 1997 | 28,698 million USD | +6.4% |
| 1998 | 29,242 million USD | +1.9% |
| 1999 | 30,213 million USD | +3.3% |
| 2000 | 32,056 million USD | +6.1% |
| 2001 | 32,464 million USD | +1.3% |
| 2002 | 34,348 million USD | +5.8% |
| 2003 | 36,942 million USD | +7.6% |
| 2004 | 37,906 million USD | +2.6% |
| 2005 | 43,621 million USD | +15.1% |
| 2006 | 50,114 million USD | +14.9% |
| 2007 | 71,809 million USD | +43.3% |
| 2008 | 72,881 million USD | +1.5% |
| 2009 | 78,515 million USD | +7.7% |
| 2010 | 71,886 million USD | -8.4% |
| 2011 | 71,380 million USD | -0.7% |
| 2012 | 72,376 million USD | +1.4% |
| 2013 | 68,979 million USD | -4.7% |
| 2014 | 72,787 million USD | +5.5% |
| 2015 | 85,348 million USD | +17.3% |
| 2016 | 86,975 million USD | +1.9% |
| 2017 | 78,080 million USD | -10.2% |
| 2018 | 73,366 million USD | -6.0% |
| 2019 | 80,185 million USD | +9.3% |
| 2020 | 66,708 million USD | -16.8% |
| 2021 | 67,505 million USD | +1.2% |
| 2022 | 97,108 million USD | +43.9% |
| 2023 | 102,065 million USD | +5.1% |
| 2024 | 105,290 million USD | +3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 17,909 million USD | 7,188 million USD | 34,257 million USD | 10 |
| 1980s | 28,635 million USD | 22,486 million USD | 33,313 million USD | 10 |
| 1990s | 26,824 million USD | 20,693 million USD | 30,535 million USD | 10 |
| 2000s | 49,066 million USD | 32,056 million USD | 78,515 million USD | 10 |
| 2010s | 76,136 million USD | 68,979 million USD | 86,975 million USD | 10 |
| 2020s | 87,735 million USD | 66,708 million USD | 105,290 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)
- GNI (current LCU), annual growth rate 5.79 % change on previous year (2024)
- GNI (current LCU), per unit of GDP 3.78 current LCU per US$ of GDP (2024)
- GNI (current LCU), per capita 189,981 current LCU per person (2024)
- Net primary income (Net income from abroad) (current US$), annual 9.5 % change on previous year (2024)
- Net primary income (Net income from abroad) (current LCU), annual 9.5 % change on previous year (2024)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.1988 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 5.03 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 3.67 (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in United Arab Emirates?
- Gross fixed capital formation — value us$, 2015 prices in United Arab Emirates was 105,290 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in United Arab Emirates?
- The highest recorded value was 105,290 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in United Arab Emirates?
- The lowest recorded value was 7,188 million USD in 1970.
- How does United Arab Emirates rank for gross fixed capital formation — value us$, 2015 prices?
- United Arab Emirates ranks 28th out of 203 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices rising or falling in United Arab Emirates?
- Over the last ten years it is up 44.7%. The long-run trend across the full record is volatile.
- Where does this United Arab Emirates data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value US$, 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).