Gross value added at basic prices (GVA) (constant LCU), annual growth in United Arab Emirates

United Arab Emirates: Gross value added at basic prices (GVA) (constant LCU), annual growth was 3.99 % change on previous year in 2024. ◆ Volatile

Latest (2024)
3.99 % change on previous year
Change on year
down 7.2%
World rank
76th
of 195 countries
All-time high
23.87 % change on previous year
in 1980
All-time low
-14.96 % change on previous year
in 1986
Years of data
49
1976–2024

Gross value added at basic prices (GVA) (constant LCU), annual growth in United Arab Emirates, 1976–2024

-1001020197620002024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, gross value added at basic prices (gva) (constant lcu), annual growth in United Arab Emirates stood at 3.99 % change on previous year.

Compared with earlier readings it is down 7.2% on the previous year and down 13.8% over ten years.

Over the whole period, gross value added at basic prices (gva) (constant lcu), annual growth in United Arab Emirates peaked at 23.87 % change on previous year in 1980 and was at its lowest, -14.96 % change on previous year, in 1986.

United Arab Emirates ranks 76th of 195 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 value added at basic prices (GVA) (constant LCU), annual growth in United Arab Emirates, year by year

Annual values for Gross value added at basic prices (GVA) (constant LCU), annual growth rate in United Arab Emirates, 1976 to 2024.
Year % change on previous year Change
1976 16.53 % change on previous year
1977 21.44 % change on previous year +29.7%
1978 -1.59 % change on previous year -107.4%
1979 20.92 % change on previous year -1416.4%
1980 23.87 % change on previous year +14.1%
1981 4.66 % change on previous year -80.5%
1982 -6.72 % change on previous year -244.2%
1983 -4.75 % change on previous year -29.4%
1984 4.02 % change on previous year -184.6%
1985 -3.59 % change on previous year -189.5%
1986 -14.96 % change on previous year +316.1%
1987 3.38 % change on previous year -122.6%
1988 -2.62 % change on previous year -177.5%
1989 12.34 % change on previous year -571.1%
1990 18.33 % change on previous year +48.5%
1991 0.8602 % change on previous year -95.3%
1992 3.35 % change on previous year +288.9%
1993 1.26 % change on previous year -62.3%
1994 6.9 % change on previous year +446.8%
1995 6.69 % change on previous year -3.0%
1996 5.8 % change on previous year -13.3%
1997 8.19 % change on previous year +41.3%
1998 0.2923 % change on previous year -96.4%
1999 2.9 % change on previous year +893.0%
2000 10.85 % change on previous year +274.0%
2001 1.4 % change on previous year -87.1%
2002 2.43 % change on previous year +74.0%
2003 8.8 % change on previous year +261.7%
2004 9.57 % change on previous year +8.7%
2005 4.85 % change on previous year -49.3%
2006 9.84 % change on previous year +102.6%
2007 3.18 % change on previous year -67.6%
2008 3.19 % change on previous year +0.2%
2009 -5.24 % change on previous year -264.3%
2010 1.6 % change on previous year -130.6%
2011 6.74 % change on previous year +320.3%
2012 4.68 % change on previous year -30.5%
2013 4.92 % change on previous year +5.0%
2014 4.63 % change on previous year -5.8%
2015 7.09 % change on previous year +53.0%
2016 5.66 % change on previous year -20.2%
2017 -1.06 % change on previous year -118.8%
2018 1.54 % change on previous year -244.8%
2019 1.27 % change on previous year -17.3%
2020 -8.69 % change on previous year -783.9%
2021 4.55 % change on previous year -152.4%
2022 7.51 % change on previous year +65.0%
2023 4.3 % change on previous year -42.8%
2024 3.99 % change on previous year -7.2%

Averages by decade

DecadeAverage LowestHighest Years
1970s 14.32 % change on previous year -1.59 % change on previous year 21.44 % change on previous year 4
1980s 1.56 % change on previous year -14.96 % change on previous year 23.87 % change on previous year 10
1990s 5.46 % change on previous year 0.2923 % change on previous year 18.33 % change on previous year 10
2000s 4.89 % change on previous year -5.24 % change on previous year 10.85 % change on previous year 10
2010s 3.71 % change on previous year -1.06 % change on previous year 7.09 % change on previous year 10
2020s 2.33 % change on previous year -8.69 % change on previous year 7.51 % change on previous year 5

Countries ranked near United Arab Emirates

  1. 73 Andorra 4.08 % change on previous year compare
  2. 74 Samoa 4.01 % change on previous year compare
  3. 75 Honduras 4 % change on previous year compare
  4. 77 Mauritania 3.9 % change on previous year compare
  5. 78 Bangladesh 3.89 % change on previous year compare
  6. 79 Nigeria 3.87 % change on previous year compare

See the full ranking of 196 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) (constant lcu), annual growth in United Arab Emirates?
Gross value added at basic prices (gva) (constant lcu), annual growth in United Arab Emirates was 3.99 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (constant lcu), annual growth recorded in United Arab Emirates?
The highest recorded value was 23.87 % change on previous year in 1980.
What is the lowest gross value added at basic prices (gva) (constant lcu), annual growth recorded in United Arab Emirates?
The lowest recorded value was -14.96 % change on previous year in 1986.
How does United Arab Emirates rank for gross value added at basic prices (gva) (constant lcu), annual growth?
United Arab Emirates ranks 76th out of 195 countries with data for 2024.
Is gross value added at basic prices (gva) (constant lcu), annual growth rising or falling in United Arab Emirates?
Over the last ten years it is down 13.8%. The long-run trend across the full record is volatile.
Where does this United Arab Emirates data come from?
The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (constant LCU), annual growth in United Arab Emirates. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-constant-lcu-annual-growth-rate/united-arab-emirates/

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How this figure is calculated

The year-on-year percentage change in Gross value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Gross value added at basic prices (GVA) (constant LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
196 places, 8,134 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross value added at basic prices (GVA) (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.