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 205 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.
PPP conversion factor, GDP in United Arab Emirates, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 1990 | 1.11 LCU per international $ | — |
| 1991 | 1.08 LCU per international $ | -2.5% |
| 1992 | 1.08 LCU per international $ | -0.5% |
| 1993 | 1.06 LCU per international $ | -1.1% |
| 1994 | 1.04 LCU per international $ | -2.3% |
| 1995 | 1.06 LCU per international $ | +1.8% |
| 1996 | 1.1 LCU per international $ | +3.9% |
| 1997 | 1.07 LCU per international $ | -2.6% |
| 1998 | 1.01 LCU per international $ | -5.3% |
| 1999 | 1.08 LCU per international $ | +6.9% |
| 2000 | 1.18 LCU per international $ | +9.0% |
| 2001 | 1.13 LCU per international $ | -4.5% |
| 2002 | 1.15 LCU per international $ | +2.2% |
| 2003 | 1.18 LCU per international $ | +2.1% |
| 2004 | 1.24 LCU per international $ | +5.7% |
| 2005 | 1.4 LCU per international $ | +13.0% |
| 2006 | 1.52 LCU per international $ | +8.6% |
| 2007 | 1.67 LCU per international $ | +9.6% |
| 2008 | 1.94 LCU per international $ | +16.3% |
| 2009 | 1.64 LCU per international $ | -15.7% |
| 2010 | 1.93 LCU per international $ | +18.0% |
| 2011 | 2.13 LCU per international $ | +10.0% |
| 2012 | 2.19 LCU per international $ | +2.9% |
| 2013 | 2.23 LCU per international $ | +2.1% |
| 2014 | 2.21 LCU per international $ | -0.9% |
| 2015 | 2.23 LCU per international $ | +0.7% |
| 2016 | 2.24 LCU per international $ | +0.6% |
| 2017 | 2.29 LCU per international $ | +1.9% |
| 2018 | 2.24 LCU per international $ | -2.2% |
| 2019 | 2.11 LCU per international $ | -5.4% |
| 2020 | 2.09 LCU per international $ | -1.2% |
| 2021 | 2.36 LCU per international $ | +13.1% |
| 2022 | 2.48 LCU per international $ | +5.1% |
| 2023 | 2.35 LCU per international $ | -5.5% |
| 2024 | 2.33 LCU per international $ | -0.8% |
United Arab Emirates compared with similar countries
- United Arab Emirates's 2.33 LCU per international $ is above the median for high income countries, which is 1 LCU per international $, 2.3× the median. (75 countries reporting)
- United Arab Emirates's 2.33 LCU per international $ is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.49 LCU per international $, 67% of the median. (23 countries reporting)
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
- 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 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 205 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.