Gross value added at basic prices (GVA) in United Arab Emirates
United Arab Emirates: Gross value added at basic prices (GVA) was 1.78 trillion constant LCU in 2024. ◆ Volatile
Latest (2024)
1.78 trillion constant LCU
Change on year
up 4.0%
World rank
76th
of 198 countries
All-time high
1.78 trillion constant LCU
in 2024
All-time low
221.54 billion constant LCU
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 Offices (NSOs). Measured in constant LCU.
Analysis
In 2024, gross value added at basic prices (gva) in United Arab Emirates stood at 1.78 trillion constant LCU. That is the highest value across all 50 years on record.
The figure 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 1.78 trillion constant LCU in 2024 and was at its lowest, 221.54 billion constant LCU, in 1975.
United Arab Emirates ranks 76th of 198 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) in United Arab Emirates, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1975 | 221.54 billion constant LCU | — |
| 1976 | 258.16 billion constant LCU | +16.5% |
| 1977 | 313.51 billion constant LCU | +21.4% |
| 1978 | 308.52 billion constant LCU | -1.6% |
| 1979 | 373.08 billion constant LCU | +20.9% |
| 1980 | 462.15 billion constant LCU | +23.9% |
| 1981 | 483.68 billion constant LCU | +4.7% |
| 1982 | 451.18 billion constant LCU | -6.7% |
| 1983 | 429.77 billion constant LCU | -4.7% |
| 1984 | 447.03 billion constant LCU | +4.0% |
| 1985 | 430.96 billion constant LCU | -3.6% |
| 1986 | 366.50 billion constant LCU | -15.0% |
| 1987 | 378.89 billion constant LCU | +3.4% |
| 1988 | 368.97 billion constant LCU | -2.6% |
| 1989 | 414.50 billion constant LCU | +12.3% |
| 1990 | 490.46 billion constant LCU | +18.3% |
| 1991 | 494.68 billion constant LCU | +0.9% |
| 1992 | 511.23 billion constant LCU | +3.3% |
| 1993 | 517.68 billion constant LCU | +1.3% |
| 1994 | 553.38 billion constant LCU | +6.9% |
| 1995 | 590.38 billion constant LCU | +6.7% |
| 1996 | 624.62 billion constant LCU | +5.8% |
| 1997 | 675.77 billion constant LCU | +8.2% |
| 1998 | 677.75 billion constant LCU | +0.3% |
| 1999 | 697.42 billion constant LCU | +2.9% |
| 2000 | 773.11 billion constant LCU | +10.9% |
| 2001 | 783.92 billion constant LCU | +1.4% |
| 2002 | 803.00 billion constant LCU | +2.4% |
| 2003 | 873.67 billion constant LCU | +8.8% |
| 2004 | 957.25 billion constant LCU | +9.6% |
| 2005 | 1.00 trillion constant LCU | +4.9% |
| 2006 | 1.10 trillion constant LCU | +9.8% |
| 2007 | 1.14 trillion constant LCU | +3.2% |
| 2008 | 1.17 trillion constant LCU | +3.2% |
| 2009 | 1.11 trillion constant LCU | -5.2% |
| 2010 | 1.13 trillion constant LCU | +1.6% |
| 2011 | 1.21 trillion constant LCU | +6.7% |
| 2012 | 1.26 trillion constant LCU | +4.7% |
| 2013 | 1.32 trillion constant LCU | +4.9% |
| 2014 | 1.39 trillion constant LCU | +4.6% |
| 2015 | 1.48 trillion constant LCU | +7.1% |
| 2016 | 1.57 trillion constant LCU | +5.7% |
| 2017 | 1.55 trillion constant LCU | -1.1% |
| 2018 | 1.58 trillion constant LCU | +1.5% |
| 2019 | 1.60 trillion constant LCU | +1.3% |
| 2020 | 1.46 trillion constant LCU | -8.7% |
| 2021 | 1.52 trillion constant LCU | +4.6% |
| 2022 | 1.64 trillion constant LCU | +7.5% |
| 2023 | 1.71 trillion constant LCU | +4.3% |
| 2024 | 1.78 trillion constant LCU | +4.0% |
United Arab Emirates compared with similar countries
- United Arab Emirates's 1.78 trillion constant LCU is above the median for high income countries, which is 270.55 billion constant LCU, 6.6× the median. (70 countries reporting)
- United Arab Emirates's 1.78 trillion constant LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 732.44 billion constant LCU, 2.4× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 294.96 billion constant LCU | 221.54 billion constant LCU | 373.08 billion constant LCU | 5 |
| 1980s | 423.36 billion constant LCU | 366.50 billion constant LCU | 483.68 billion constant LCU | 10 |
| 1990s | 583.34 billion constant LCU | 490.46 billion constant LCU | 697.42 billion constant LCU | 10 |
| 2000s | 972.09 billion constant LCU | 773.11 billion constant LCU | 1.17 trillion constant LCU | 10 |
| 2010s | 1.41 trillion constant LCU | 1.13 trillion constant LCU | 1.60 trillion constant LCU | 10 |
| 2020s | 1.62 trillion constant LCU | 1.46 trillion constant LCU | 1.78 trillion constant LCU | 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)
- 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 1.78 trillion constant LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in United Arab Emirates?
- The highest recorded value was 1.78 trillion constant LCU in 2024.
- What is the lowest gross value added at basic prices (gva) recorded in United Arab Emirates?
- The lowest recorded value was 221.54 billion constant LCU in 1975.
- How does United Arab Emirates rank for gross value added at basic prices (gva)?
- United Arab Emirates ranks 76th out of 198 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 Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). 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 varies by country. This series is expressed in local currency units.