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 207 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
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$, in 1975.
United Arab Emirates ranks 27th of 207 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) in United Arab Emirates, year by year
| Year | current US$ | Change |
|---|---|---|
| 1975 | 14.72 billion current US$ | — |
| 1976 | 19.21 billion current US$ | +30.5% |
| 1977 | 24.87 billion current US$ | +29.5% |
| 1978 | 23.78 billion current US$ | -4.4% |
| 1979 | 31.23 billion current US$ | +31.3% |
| 1980 | 43.60 billion current US$ | +39.6% |
| 1981 | 49.33 billion current US$ | +13.2% |
| 1982 | 46.62 billion current US$ | -5.5% |
| 1983 | 42.80 billion current US$ | -8.2% |
| 1984 | 41.81 billion current US$ | -2.3% |
| 1985 | 40.60 billion current US$ | -2.9% |
| 1986 | 33.94 billion current US$ | -16.4% |
| 1987 | 36.38 billion current US$ | +7.2% |
| 1988 | 36.28 billion current US$ | -0.3% |
| 1989 | 41.47 billion current US$ | +14.3% |
| 1990 | 50.70 billion current US$ | +22.3% |
| 1991 | 51.55 billion current US$ | +1.7% |
| 1992 | 54.24 billion current US$ | +5.2% |
| 1993 | 55.63 billion current US$ | +2.6% |
| 1994 | 59.31 billion current US$ | +6.6% |
| 1995 | 65.74 billion current US$ | +10.9% |
| 1996 | 73.57 billion current US$ | +11.9% |
| 1997 | 78.84 billion current US$ | +7.2% |
| 1998 | 75.67 billion current US$ | -4.0% |
| 1999 | 84.45 billion current US$ | +11.6% |
| 2000 | 104.34 billion current US$ | +23.6% |
| 2001 | 103.31 billion current US$ | -1.0% |
| 2002 | 109.82 billion current US$ | +6.3% |
| 2003 | 124.35 billion current US$ | +13.2% |
| 2004 | 147.82 billion current US$ | +18.9% |
| 2005 | 180.62 billion current US$ | +22.2% |
| 2006 | 222.12 billion current US$ | +23.0% |
| 2007 | 257.92 billion current US$ | +16.1% |
| 2008 | 315.48 billion current US$ | +22.3% |
| 2009 | 253.55 billion current US$ | -19.6% |
| 2010 | 307.74 billion current US$ | +21.4% |
| 2011 | 368.88 billion current US$ | +19.9% |
| 2012 | 392.79 billion current US$ | +6.5% |
| 2013 | 409.63 billion current US$ | +4.3% |
| 2014 | 424.94 billion current US$ | +3.7% |
| 2015 | 381.97 billion current US$ | -10.1% |
| 2016 | 381.72 billion current US$ | -0.1% |
| 2017 | 403.37 billion current US$ | +5.7% |
| 2018 | 440.56 billion current US$ | +9.2% |
| 2019 | 433.93 billion current US$ | -1.5% |
| 2020 | 357.16 billion current US$ | -17.7% |
| 2021 | 422.44 billion current US$ | +18.3% |
| 2022 | 511.40 billion current US$ | +21.1% |
| 2023 | 522.62 billion current US$ | +2.2% |
| 2024 | 552.33 billion current US$ | +5.7% |
United Arab Emirates compared with similar countries
- United Arab Emirates's 552.33 billion current US$ is above the median for high income countries, which is 110.20 billion current US$, 5.0× the median. (77 countries reporting)
- United Arab Emirates's 552.33 billion current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 110.20 billion current US$, 5.0× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.76 billion current US$ | 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
- 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$), annual growth rate 22.86 % change on previous year (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in United Arab Emirates?
- Gross value added at basic prices (gva) in United Arab Emirates was 552.33 billion current US$ 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 207 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.
Download this data
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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.