GDP in United Arab Emirates
United Arab Emirates: GDP was 2.03 trillion current LCU in 2024. ◆ Volatile
GDP in United Arab Emirates, 1970–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2024, gdp in United Arab Emirates stood at 2.03 trillion current LCU. That is the highest value across all 55 years on record.
The figure is up 5.7% on the previous year and up 30.0% over ten years.
Over the whole period, gdp in United Arab Emirates peaked at 2.03 trillion current LCU in 2024 and was at its lowest, 3.27 billion current LCU, in 1970.
That places United Arab Emirates 89th out of 213 countries with data for 2024, putting it in the middle of the range.
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 | 51.95 billion current LCU | 3.27 billion current LCU | 119.15 billion current LCU | 10 |
| 1980s | 151.71 billion current LCU | 124.61 billion current LCU | 181.10 billion current LCU | 10 |
| 1990s | 238.53 billion current LCU | 186.12 billion current LCU | 310.13 billion current LCU | 10 |
| 2000s | 668.14 billion current LCU | 379.41 billion current LCU | 1.16 trillion current LCU | 10 |
| 2010s | 1.45 trillion current LCU | 1.13 trillion current LCU | 1.62 trillion current LCU | 10 |
| 2020s | 1.74 trillion current LCU | 1.31 trillion current LCU | 2.03 trillion current LCU | 5 |
Countries ranked near United Arab Emirates
More economy & growth data for United Arab Emirates
- 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)
- Net primary income (Net income from abroad) 16.01 billion current US$ (2024)
- GNI per capita 189,982 current LCU (2024)
- GNI per capita, Atlas method 51,550 current US$ (2024)
- GNI 2.09 trillion current LCU (2024)
- GNI 568.34 billion current US$ (2024)
- GNI, Atlas method 566.40 billion current US$ (2024)
Frequently asked questions
- What is gdp in United Arab Emirates?
- Gdp in United Arab Emirates was 2.03 trillion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in United Arab Emirates?
- The highest recorded value was 2.03 trillion current LCU in 2024.
- What is the lowest gdp recorded in United Arab Emirates?
- The lowest recorded value was 3.27 billion current LCU in 1970.
- How does United Arab Emirates rank for gdp?
- United Arab Emirates ranks 89th out of 213 countries with data for 2024.
- Is gdp 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 Organizations and/or Central Banks, published as part of GDP (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.