Gross value added at basic prices (GVA) in United Arab Emirates

United Arab Emirates: Gross value added at basic prices (GVA) was 552.33 billion current US$ in 2024. ◆ Volatile

Latest (2024)
552.33 billion current US$
Change on year
up 5.7%
World rank
27th
of 204 countries
All-time high
552.33 billion current US$
in 2024
All-time low
14.72 billion current US$
in 1975
Years of data
50
1975–2024

Gross value added at basic prices (GVA) in United Arab Emirates, 1975–2024

0200.0B400.0B600.0B197519992024

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

The most recent figure for gross value added at basic prices (gva) in United Arab Emirates is 552.33 billion current US$, measured in 2024. That is the highest value across all 50 years on record.

The figure is up 5.7% on the previous year and up 30.0% over ten years.

Over the whole period, gross value added at basic prices (gva) in United Arab Emirates peaked at 552.33 billion current US$ in 2024 and was at its lowest, 14.72 billion current US$, in 1975.

United Arab Emirates ranks 27th of 204 countries on this measure, 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 22.76 billion current US$ 14.72 billion current US$ 31.23 billion current US$ 5
1980s 41.28 billion current US$ 33.94 billion current US$ 49.33 billion current US$ 10
1990s 64.97 billion current US$ 50.70 billion current US$ 84.45 billion current US$ 10
2000s 181.93 billion current US$ 103.31 billion current US$ 315.48 billion current US$ 10
2010s 394.55 billion current US$ 307.74 billion current US$ 440.56 billion current US$ 10
2020s 473.19 billion current US$ 357.16 billion current US$ 552.33 billion current US$ 5

Countries ranked near United Arab Emirates

  1. 24 Argentina 577.62 billion current US$ compare
  2. 25 Thailand 577.01 billion current US$ compare
  3. 26 Singapore 569.37 billion current US$ compare
  4. 28 Austria 517.41 billion current US$ compare
  5. 29 Israel 495.42 billion current US$ compare
  6. 30 Philippines 487.09 billion current US$ compare

See the full ranking of 244 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 552.33 billion current US$ 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 552.33 billion current US$ in 2024.
What is the lowest gross value added at basic prices (gva) recorded in United Arab Emirates?
The lowest recorded value was 14.72 billion current US$ in 1975.
How does United Arab Emirates rank for gross value added at basic prices (gva)?
United Arab Emirates ranks 27th out of 204 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 30.0%. 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) (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross value added at basic prices (GVA) (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 10,967 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.