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

United Arab Emirates: Gross value added at basic prices (GVA) (current LCU), annual growth was 5.68 % change on previous year in 2024. ◆ Volatile

Latest (2024)
5.68 % change on previous year
Change on year
up 159.1%
World rank
121st
of 205 countries
All-time high
35.66 % change on previous year
in 1980
All-time low
-19.63 % change on previous year
in 2009
Years of data
49
1976–2024

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

-2002040197620002024

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

Analysis

United Arab Emirates recorded 5.68 % change on previous year for gross value added at basic prices (gva) (current lcu), annual growth in 2024.

That represents a change of up 159.1% on the previous year and up 52.1% over ten years.

Over the whole period, gross value added at basic prices (gva) (current lcu), annual growth in United Arab Emirates peaked at 35.66 % change on previous year in 1980 and was at its lowest, -19.63 % change on previous year, in 2009.

United Arab Emirates ranks 121st of 205 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) (current LCU), annual growth in United Arab Emirates, year by year

Annual values for Gross value added at basic prices (GVA) (current LCU), annual growth rate in United Arab Emirates, 1976 to 2024.
Year % change on previous year Change
1976 30.25 % change on previous year
1977 27.82 % change on previous year -8.0%
1978 -5.19 % change on previous year -118.7%
1979 29.45 % change on previous year -667.2%
1980 35.66 % change on previous year +21.1%
1981 12.04 % change on previous year -66.2%
1982 -5.49 % change on previous year -145.6%
1983 -8.19 % change on previous year +49.1%
1984 -2.33 % change on previous year -71.6%
1985 -2.88 % change on previous year +23.9%
1986 -16.4 % change on previous year +469.4%
1987 7.19 % change on previous year -143.8%
1988 -0.3002 % change on previous year -104.2%
1989 14.31 % change on previous year -4864.9%
1990 22.28 % change on previous year +55.7%
1991 1.68 % change on previous year -92.5%
1992 5.21 % change on previous year +210.6%
1993 2.56 % change on previous year -51.0%
1994 6.62 % change on previous year +158.9%
1995 10.86 % change on previous year +64.1%
1996 11.91 % change on previous year +9.7%
1997 7.16 % change on previous year -39.9%
1998 -3.97 % change on previous year -155.5%
1999 11.59 % change on previous year -391.6%
2000 23.56 % change on previous year +103.2%
2001 -0.9831 % change on previous year -104.2%
2002 6.3 % change on previous year -740.4%
2003 13.23 % change on previous year +110.2%
2004 18.88 % change on previous year +42.7%
2005 22.18 % change on previous year +17.5%
2006 22.98 % change on previous year +3.6%
2007 16.12 % change on previous year -29.9%
2008 22.32 % change on previous year +38.5%
2009 -19.63 % change on previous year -188.0%
2010 21.37 % change on previous year -208.9%
2011 19.87 % change on previous year -7.0%
2012 6.48 % change on previous year -67.4%
2013 4.29 % change on previous year -33.9%
2014 3.74 % change on previous year -12.9%
2015 -10.11 % change on previous year -370.6%
2016 -0.067 % change on previous year -99.3%
2017 5.67 % change on previous year -8563.1%
2018 9.22 % change on previous year +62.6%
2019 -1.51 % change on previous year -116.3%
2020 -17.69 % change on previous year +1074.5%
2021 18.28 % change on previous year -203.3%
2022 21.06 % change on previous year +15.2%
2023 2.19 % change on previous year -89.6%
2024 5.68 % change on previous year +159.1%

Averages by decade

DecadeAverage LowestHighest Years
1970s 20.58 % change on previous year -5.19 % change on previous year 30.25 % change on previous year 4
1980s 3.36 % change on previous year -16.4 % change on previous year 35.66 % change on previous year 10
1990s 7.59 % change on previous year -3.97 % change on previous year 22.28 % change on previous year 10
2000s 12.49 % change on previous year -19.63 % change on previous year 23.56 % change on previous year 10
2010s 5.9 % change on previous year -10.11 % change on previous year 21.37 % change on previous year 10
2020s 5.9 % change on previous year -17.69 % change on previous year 21.06 % change on previous year 5

Countries ranked near United Arab Emirates

  1. 118 Philippines 5.9 % change on previous year compare
  2. 119 Israel 5.87 % change on previous year compare
  3. 120 Morocco 5.79 % change on previous year compare
  4. 122 Cameroon 5.63 % change on previous year compare
  5. 123 Dominica 5.58 % change on previous year compare
  6. 124 Portugal 5.57 % change on previous year compare

See the full ranking of 206 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) (current lcu), annual growth in United Arab Emirates?
Gross value added at basic prices (gva) (current lcu), annual growth in United Arab Emirates was 5.68 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (current lcu), annual growth recorded in United Arab Emirates?
The highest recorded value was 35.66 % change on previous year in 1980.
What is the lowest gross value added at basic prices (gva) (current lcu), annual growth recorded in United Arab Emirates?
The lowest recorded value was -19.63 % change on previous year in 2009.
How does United Arab Emirates rank for gross value added at basic prices (gva) (current lcu), annual growth?
United Arab Emirates ranks 121st out of 205 countries with data for 2024.
Is gross value added at basic prices (gva) (current lcu), annual growth rising or falling in United Arab Emirates?
Over the last ten years it is up 52.1%. 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) (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (current 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-current-lcu-annual-growth-rate/united-arab-emirates/

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<a href="https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-lcu-annual-growth-rate/united-arab-emirates/">Gross value added at basic prices (GVA) (current LCU), annual growth in United Arab Emirates</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross value added at basic prices (GVA) (current 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) (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
206 places, 8,871 data points, 1961–2025
Last refreshed

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