Gross domestic product (GDP) in United Arab Emirates
United Arab Emirates: Gross domestic product (GDP) was 242.76 billion current GBP in 2014. ◆ Volatile
Latest (2014)
242.76 billion current GBP
Change on year
down 2.0%
World rank
31st
of 200 countries
All-time high
247.67 billion current GBP
in 2013
All-time low
1.16 billion current GBP
in 1973
Years of data
43
1972–2014
Gross domestic product (GDP) in United Arab Emirates, 1972–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in current GBP.
Analysis
United Arab Emirates recorded 242.76 billion current GBP for gross domestic product (gdp) in 2014.
That represents a change of down 2.0% on the previous year and up 200.7% over ten years.
Over the whole period, gross domestic product (gdp) in United Arab Emirates peaked at 247.67 billion current GBP in 2013 and was at its lowest, 1.16 billion current GBP, in 1973.
That places United Arab Emirates 31st out of 200 countries with data for 2014, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in United Arab Emirates, year by year
| Year | current GBP | Change |
|---|---|---|
| 1972 | 1.92 billion current GBP | — |
| 1973 | 1.16 billion current GBP | -39.3% |
| 1974 | 3.36 billion current GBP | +188.6% |
| 1975 | 6.65 billion current GBP | +98.0% |
| 1976 | 10.69 billion current GBP | +60.7% |
| 1977 | 14.26 billion current GBP | +33.4% |
| 1978 | 12.40 billion current GBP | -13.0% |
| 1979 | 14.74 billion current GBP | +18.9% |
| 1980 | 18.76 billion current GBP | +27.2% |
| 1981 | 24.55 billion current GBP | +30.9% |
| 1982 | 26.69 billion current GBP | +8.7% |
| 1983 | 28.24 billion current GBP | +5.8% |
| 1984 | 31.43 billion current GBP | +11.3% |
| 1985 | 31.64 billion current GBP | +0.7% |
| 1986 | 23.16 billion current GBP | -26.8% |
| 1987 | 22.26 billion current GBP | -3.8% |
| 1988 | 20.39 billion current GBP | -8.4% |
| 1989 | 25.34 billion current GBP | +24.3% |
| 1990 | 28.55 billion current GBP | +12.7% |
| 1991 | 29.23 billion current GBP | +2.4% |
| 1992 | 30.90 billion current GBP | +5.7% |
| 1993 | 37.09 billion current GBP | +20.0% |
| 1994 | 38.75 billion current GBP | +4.5% |
| 1995 | 41.66 billion current GBP | +7.5% |
| 1996 | 47.16 billion current GBP | +13.2% |
| 1997 | 48.16 billion current GBP | +2.1% |
| 1998 | 45.69 billion current GBP | -5.1% |
| 1999 | 52.19 billion current GBP | +14.2% |
| 2000 | 68.96 billion current GBP | +32.1% |
| 2001 | 71.77 billion current GBP | +4.1% |
| 2002 | 73.27 billion current GBP | +2.1% |
| 2003 | 76.16 billion current GBP | +3.9% |
| 2004 | 80.74 billion current GBP | +6.0% |
| 2005 | 99.34 billion current GBP | +23.0% |
| 2006 | 120.71 billion current GBP | +21.5% |
| 2007 | 128.90 billion current GBP | +6.8% |
| 2008 | 171.61 billion current GBP | +33.1% |
| 2009 | 162.76 billion current GBP | -5.2% |
| 2010 | 185.12 billion current GBP | +13.7% |
| 2011 | 217.53 billion current GBP | +17.5% |
| 2012 | 236.40 billion current GBP | +8.7% |
| 2013 | 247.67 billion current GBP | +4.8% |
| 2014 | 242.76 billion current GBP | -2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.15 billion current GBP | 1.16 billion current GBP | 14.74 billion current GBP | 8 |
| 1980s | 25.25 billion current GBP | 18.76 billion current GBP | 31.64 billion current GBP | 10 |
| 1990s | 39.94 billion current GBP | 28.55 billion current GBP | 52.19 billion current GBP | 10 |
| 2000s | 105.42 billion current GBP | 68.96 billion current GBP | 171.61 billion current GBP | 10 |
| 2010s | 225.90 billion current GBP | 185.12 billion current GBP | 247.67 billion current GBP | 5 |
Countries ranked near United Arab Emirates
- 28 Austria 265.51 billion current GBP compare
- 29 Iran, Islamic Republic of 258.48 billion current GBP compare
- 30 Thailand 245.72 billion current GBP compare
- 32 Venezuela, Bolivarian Republic of 237.53 billion current GBP compare
- 33 Colombia 229.97 billion current GBP compare
- 34 South Africa 212.63 billion current GBP compare
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)
- Gross capital formation (current US$), annual growth rate 4.47 % change on previous year (2023)
- Gross capital formation (current US$), per unit of GDP 0.2664 current US$ per US$ of GDP (2023)
- Gross capital formation (current US$), per capita 13,280 current US$ per person (2023)
- Gross capital formation (current LCU), annual growth rate 4.47 % change on previous year (2023)
- Gross capital formation (current LCU), per unit of GDP 0.9783 current LCU per US$ of GDP (2023)
- Gross capital formation (current LCU), per capita 48,769 current LCU per person (2023)
- Gross capital formation (constant 2015 US$), annual growth rate 4.22 % change on previous year (2023)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2572 constant 2015 US$ per US$ of GDP (2023)
Frequently asked questions
- What is gross domestic product (gdp) in United Arab Emirates?
- Gross domestic product (gdp) in United Arab Emirates was 242.76 billion current GBP in 2014, according to Fouquin and Hugot (2016) – processed by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in United Arab Emirates?
- The highest recorded value was 247.67 billion current GBP in 2013.
- What is the lowest gross domestic product (gdp) recorded in United Arab Emirates?
- The lowest recorded value was 1.16 billion current GBP in 1973.
- How does United Arab Emirates rank for gross domestic product (gdp)?
- United Arab Emirates ranks 31st out of 200 countries with data for 2014.
- Is gross domestic product (gdp) rising or falling in United Arab Emirates?
- Over the last ten years it is up 200.7%. The long-run trend across the full record is volatile.
- Where does this United Arab Emirates data come from?
- The figures come from Fouquin and Hugot (2016) – processed by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
This data is expressed in British pounds. It is not adjusted for inflation or differences in living costs between countries.