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
Gross value added at basic prices (GVA) in United Arab Emirates, 1975–2024
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$, in 1975.
United Arab Emirates ranks 27th of 204 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.76 billion current US$ | 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
More economy & growth data for United Arab Emirates
- External balance on goods and services as a percent of GDP 14.6% (2023)
- Inflation of consumer prices 1.3% (2025)
- GDP per capita 41,605 constant 2015 US$ (2024)
- Share of manufacturing in gross domestic product (GDP) 9.4% (2024)
- Gross domestic product (GDP) 457.09 billion constant 2015 US$ (2024)
- GDP per capita in international and market dollars 41,605 constant 2015 US$ (2024)
- DEC alternative conversion factor 3.67 LCU per US$ (2024)
- Net secondary income (Net current transfers from abroad) -246.30 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -67.07 billion current US$ (2024)
- Net primary income (Net income from abroad) 58.80 billion current LCU (2024)
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
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.