Gross National Income — Value Standard Local Currency in United Arab Emirates
United Arab Emirates: Gross National Income — Value Standard Local Currency was 1.90 million million SLC in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency in United Arab Emirates, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, gross national income — value standard local currency in United Arab Emirates stood at 1.90 million million SLC. That is the highest value across all 54 years on record.
That represents a change of up 3.0% on the previous year and up 29.3% over ten years.
Over the whole period, gross national income — value standard local currency in United Arab Emirates peaked at 1.90 million million SLC in 2023 and was at its lowest, 4,432 million SLC, in 1970.
United Arab Emirates ranks 79th of 202 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 National Income — Value Standard Local Currency in United Arab Emirates, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 4,432 million SLC | — |
| 1971 | 6,123 million SLC | +38.2% |
| 1972 | 7,851 million SLC | +28.2% |
| 1973 | 13,778 million SLC | +75.5% |
| 1974 | 43,267 million SLC | +214.0% |
| 1975 | 54,873 million SLC | +26.8% |
| 1976 | 71,655 million SLC | +30.6% |
| 1977 | 90,792 million SLC | +26.7% |
| 1978 | 86,959 million SLC | -4.2% |
| 1979 | 114,484 million SLC | +31.7% |
| 1980 | 160,691 million SLC | +40.4% |
| 1981 | 177,379 million SLC | +10.4% |
| 1982 | 169,108 million SLC | -4.7% |
| 1983 | 156,555 million SLC | -7.4% |
| 1984 | 156,159 million SLC | -0.3% |
| 1985 | 151,611 million SLC | -2.9% |
| 1986 | 127,620 million SLC | -15.8% |
| 1987 | 133,991 million SLC | +5.0% |
| 1988 | 135,295 million SLC | +1.0% |
| 1989 | 154,852 million SLC | +14.5% |
| 1990 | 186,580 million SLC | +20.5% |
| 1991 | 187,249 million SLC | +0.4% |
| 1992 | 195,291 million SLC | +4.3% |
| 1993 | 208,162 million SLC | +6.6% |
| 1994 | 225,735 million SLC | +8.4% |
| 1995 | 254,768 million SLC | +12.9% |
| 1996 | 283,673 million SLC | +11.3% |
| 1997 | 300,374 million SLC | +5.9% |
| 1998 | 288,343 million SLC | -4.0% |
| 1999 | 320,611 million SLC | +11.2% |
| 2000 | 395,981 million SLC | +23.5% |
| 2001 | 403,213 million SLC | +1.8% |
| 2002 | 411,998 million SLC | +2.2% |
| 2003 | 462,427 million SLC | +12.2% |
| 2004 | 552,616 million SLC | +19.5% |
| 2005 | 682,728 million SLC | +23.5% |
| 2006 | 844,014 million SLC | +23.6% |
| 2007 | 990,731 million SLC | +17.4% |
| 2008 | 1.20 million million SLC | +21.3% |
| 2009 | 978,011 million SLC | -18.6% |
| 2010 | 1.10 million million SLC | +12.7% |
| 2011 | 1.33 million million SLC | +20.3% |
| 2012 | 1.41 million million SLC | +6.6% |
| 2013 | 1.47 million million SLC | +4.1% |
| 2014 | 1.52 million million SLC | +3.5% |
| 2015 | 1.37 million million SLC | -10.3% |
| 2016 | 1.36 million million SLC | -0.2% |
| 2017 | 1.44 million million SLC | +5.9% |
| 2018 | 1.57 million million SLC | +8.9% |
| 2019 | 1.54 million million SLC | -2.0% |
| 2020 | 1.28 million million SLC | -17.2% |
| 2021 | 1.52 million million SLC | +19.2% |
| 2022 | 1.85 million million SLC | +21.3% |
| 2023 | 1.90 million million SLC | +3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 49,421 million SLC | 4,432 million SLC | 114,484 million SLC | 10 |
| 1980s | 152,326 million SLC | 127,620 million SLC | 177,379 million SLC | 10 |
| 1990s | 245,079 million SLC | 186,580 million SLC | 320,611 million SLC | 10 |
| 2000s | 692,365 million SLC | 395,981 million SLC | 1.20 million million SLC | 10 |
| 2010s | 1.41 million million SLC | 1.10 million million SLC | 1.57 million million SLC | 10 |
| 2020s | 1.64 million million SLC | 1.28 million million SLC | 1.90 million million SLC | 4 |
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)
- Exports of goods and services (current LCU), annual growth rate 6.99 % change on previous year (2023)
- Exports of goods and services (current LCU), per unit of GDP 3.92 current LCU per US$ of GDP (2023)
- Exports of goods and services (current LCU), per capita 195,609 current LCU per person (2023)
- Exports of goods and services (constant 2015 US$), annual growth rate 6.88 % change on previous year (2023)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.9235 constant 2015 US$ per US$ of GDP (2023)
- Exports of goods and services (constant 2015 US$), per capita 46,039 constant 2015 US$ per person (2023)
- Gross fixed capital formation (current US$), annual growth rate 3.86 % change on previous year (2009)
- Gross fixed capital formation (current US$), per unit of GDP 0.2891 current US$ per US$ of GDP (2009)
Frequently asked questions
- What is gross national income — value standard local currency in United Arab Emirates?
- Gross national income — value standard local currency in United Arab Emirates was 1.90 million million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value standard local currency recorded in United Arab Emirates?
- The highest recorded value was 1.90 million million SLC in 2023.
- What is the lowest gross national income — value standard local currency recorded in United Arab Emirates?
- The lowest recorded value was 4,432 million SLC in 1970.
- How does United Arab Emirates rank for gross national income — value standard local currency?
- United Arab Emirates ranks 79th out of 202 countries with data for 2023.
- Is gross national income — value standard local currency rising or falling in United Arab Emirates?
- Over the last ten years it is up 29.3%. 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 National Income — Value Standard Local Currency. 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).