Gross value added at basic prices (GVA) in United Arab Emirates
United Arab Emirates: Gross value added at basic prices (GVA) was 457.09 billion constant 2015 US$ in 2024. ◆ Volatile
Latest (2024)
457.09 billion constant 2015 US$
Change on year
up 4.0%
World rank
29th
of 194 countries
All-time high
457.09 billion constant 2015 US$
in 2024
All-time low
57.00 billion constant 2015 US$
in 1975
Years of data
50
1975–2024
Gross value added at basic prices (GVA) in United Arab Emirates, 1975–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in United Arab Emirates is 457.09 billion constant 2015 US$, measured in 2024. That is the highest value across all 50 years on record.
Compared with earlier readings it is up 4.0% on the previous year and up 28.1% over ten years.
Over the whole period, gross value added at basic prices (gva) in United Arab Emirates peaked at 457.09 billion constant 2015 US$ in 2024 and was at its lowest, 57.00 billion constant 2015 US$, in 1975.
That places United Arab Emirates 29th out of 194 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) in United Arab Emirates, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1975 | 57.00 billion constant 2015 US$ | — |
| 1976 | 66.42 billion constant 2015 US$ | +16.5% |
| 1977 | 80.67 billion constant 2015 US$ | +21.4% |
| 1978 | 79.38 billion constant 2015 US$ | -1.6% |
| 1979 | 95.99 billion constant 2015 US$ | +20.9% |
| 1980 | 118.91 billion constant 2015 US$ | +23.9% |
| 1981 | 124.45 billion constant 2015 US$ | +4.7% |
| 1982 | 116.09 billion constant 2015 US$ | -6.7% |
| 1983 | 110.58 billion constant 2015 US$ | -4.7% |
| 1984 | 115.02 billion constant 2015 US$ | +4.0% |
| 1985 | 110.89 billion constant 2015 US$ | -3.6% |
| 1986 | 94.30 billion constant 2015 US$ | -15.0% |
| 1987 | 97.49 billion constant 2015 US$ | +3.4% |
| 1988 | 94.94 billion constant 2015 US$ | -2.6% |
| 1989 | 106.65 billion constant 2015 US$ | +12.3% |
| 1990 | 126.20 billion constant 2015 US$ | +18.3% |
| 1991 | 127.28 billion constant 2015 US$ | +0.9% |
| 1992 | 131.54 billion constant 2015 US$ | +3.3% |
| 1993 | 133.20 billion constant 2015 US$ | +1.3% |
| 1994 | 142.38 billion constant 2015 US$ | +6.9% |
| 1995 | 151.91 billion constant 2015 US$ | +6.7% |
| 1996 | 160.72 billion constant 2015 US$ | +5.8% |
| 1997 | 173.88 billion constant 2015 US$ | +8.2% |
| 1998 | 174.39 billion constant 2015 US$ | +0.3% |
| 1999 | 179.45 billion constant 2015 US$ | +2.9% |
| 2000 | 198.92 billion constant 2015 US$ | +10.9% |
| 2001 | 201.71 billion constant 2015 US$ | +1.4% |
| 2002 | 206.61 billion constant 2015 US$ | +2.4% |
| 2003 | 224.80 billion constant 2015 US$ | +8.8% |
| 2004 | 246.30 billion constant 2015 US$ | +9.6% |
| 2005 | 258.26 billion constant 2015 US$ | +4.9% |
| 2006 | 283.67 billion constant 2015 US$ | +9.8% |
| 2007 | 292.70 billion constant 2015 US$ | +3.2% |
| 2008 | 302.04 billion constant 2015 US$ | +3.2% |
| 2009 | 286.20 billion constant 2015 US$ | -5.2% |
| 2010 | 290.79 billion constant 2015 US$ | +1.6% |
| 2011 | 310.38 billion constant 2015 US$ | +6.7% |
| 2012 | 324.92 billion constant 2015 US$ | +4.7% |
| 2013 | 340.90 billion constant 2015 US$ | +4.9% |
| 2014 | 356.69 billion constant 2015 US$ | +4.6% |
| 2015 | 381.97 billion constant 2015 US$ | +7.1% |
| 2016 | 403.58 billion constant 2015 US$ | +5.7% |
| 2017 | 399.30 billion constant 2015 US$ | -1.1% |
| 2018 | 405.44 billion constant 2015 US$ | +1.5% |
| 2019 | 410.59 billion constant 2015 US$ | +1.3% |
| 2020 | 374.90 billion constant 2015 US$ | -8.7% |
| 2021 | 391.97 billion constant 2015 US$ | +4.6% |
| 2022 | 421.42 billion constant 2015 US$ | +7.5% |
| 2023 | 439.55 billion constant 2015 US$ | +4.3% |
| 2024 | 457.09 billion constant 2015 US$ | +4.0% |
United Arab Emirates compared with similar countries
- United Arab Emirates's 457.09 billion constant 2015 US$ is above the median for high income countries, which is 96.66 billion constant 2015 US$, 4.7× the median. (69 countries reporting)
- United Arab Emirates's 457.09 billion constant 2015 US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 96.66 billion constant 2015 US$, 4.7× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 75.89 billion constant 2015 US$ | 57.00 billion constant 2015 US$ | 95.99 billion constant 2015 US$ | 5 |
| 1980s | 108.93 billion constant 2015 US$ | 94.30 billion constant 2015 US$ | 124.45 billion constant 2015 US$ | 10 |
| 1990s | 150.09 billion constant 2015 US$ | 126.20 billion constant 2015 US$ | 179.45 billion constant 2015 US$ | 10 |
| 2000s | 250.12 billion constant 2015 US$ | 198.92 billion constant 2015 US$ | 302.04 billion constant 2015 US$ | 10 |
| 2010s | 362.46 billion constant 2015 US$ | 290.79 billion constant 2015 US$ | 410.59 billion constant 2015 US$ | 10 |
| 2020s | 416.99 billion constant 2015 US$ | 374.90 billion constant 2015 US$ | 457.09 billion constant 2015 US$ | 5 |
Countries ranked near United Arab Emirates
- 26 Belgium 484.22 billion constant 2015 US$ compare
- 27 Egypt 480.35 billion constant 2015 US$ compare
- 28 Philippines 474.84 billion constant 2015 US$ compare
- 30 Malaysia 438.62 billion constant 2015 US$ compare
- 31 Norway 422.33 billion constant 2015 US$ compare
- 32 Singapore 409.51 billion constant 2015 US$ compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 77.17 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.1397 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 7,024 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 45.64 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 48.71 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0826 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 4,154 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 22.86 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in United Arab Emirates?
- Gross value added at basic prices (gva) in United Arab Emirates was 457.09 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in United Arab Emirates?
- The highest recorded value was 457.09 billion constant 2015 US$ in 2024.
- What is the lowest gross value added at basic prices (gva) recorded in United Arab Emirates?
- The lowest recorded value was 57.00 billion constant 2015 US$ in 1975.
- How does United Arab Emirates rank for gross value added at basic prices (gva)?
- United Arab Emirates ranks 29th out of 194 countries with data for 2024.
- Is gross value added at basic prices (gva) rising or falling in United Arab Emirates?
- Over the last ten years it is up 28.1%. The long-run trend across the full record is volatile.
- Where does this United Arab Emirates data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.