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 192 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

100.0B200.0B300.0B400.0B500.0B197519992024

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 192 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 26 Belgium 484.22 billion constant 2015 US$ compare
  2. 27 Egypt 480.35 billion constant 2015 US$ compare
  3. 28 Philippines 474.84 billion constant 2015 US$ compare
  4. 30 Malaysia 438.62 billion constant 2015 US$ compare
  5. 31 Norway 422.33 billion constant 2015 US$ compare
  6. 32 Singapore 409.51 billion constant 2015 US$ compare

See the full ranking of 227 places →

More economy & growth data for United Arab Emirates

All data for United Arab Emirates →

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 192 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.

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About this data

Indicator
Gross value added at basic prices (GVA) (constant 2015 US$)
Unit
constant 2015 US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
227 places, 9,771 data points, 1960–2025
Last refreshed

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.