PPP conversion factor, GDP in United Arab Emirates
United Arab Emirates: PPP conversion factor, GDP was 2.33 LCU per international $ in 2024. ▲ Rising
PPP conversion factor, GDP in United Arab Emirates, 1990–2024
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
The most recent figure for ppp conversion factor, gdp in United Arab Emirates is 2.33 LCU per international $, measured in 2024.
The figure is down 0.8% on the previous year and up 5.1% over ten years.
Over the whole period, ppp conversion factor, gdp in United Arab Emirates peaked at 2.48 LCU per international $ in 2022 and was at its lowest, 1.01 LCU per international $, in 1998.
That places United Arab Emirates 120th out of 204 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.07 LCU per international $ | 1.01 LCU per international $ | 1.11 LCU per international $ | 10 |
| 2000s | 1.41 LCU per international $ | 1.13 LCU per international $ | 1.94 LCU per international $ | 10 |
| 2010s | 2.18 LCU per international $ | 1.93 LCU per international $ | 2.29 LCU per international $ | 10 |
| 2020s | 2.32 LCU per international $ | 2.09 LCU per international $ | 2.48 LCU per international $ | 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 ppp conversion factor, gdp in United Arab Emirates?
- Ppp conversion factor, gdp in United Arab Emirates was 2.33 LCU per international $ in 2024, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest ppp conversion factor, gdp recorded in United Arab Emirates?
- The highest recorded value was 2.48 LCU per international $ in 2022.
- What is the lowest ppp conversion factor, gdp recorded in United Arab Emirates?
- The lowest recorded value was 1.01 LCU per international $ in 1998.
- How does United Arab Emirates rank for ppp conversion factor, gdp?
- United Arab Emirates ranks 120th out of 204 countries with data for 2024.
- Is ppp conversion factor, gdp rising or falling in United Arab Emirates?
- Over the last ten years it is up 5.1%. The long-run trend across the full record is rising.
- Where does this United Arab Emirates data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of PPP conversion factor, GDP (LCU per international $). Statizoid updates them automatically from the source API.
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About this data
The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.