Gross capital formation in United Arab Emirates
United Arab Emirates: Gross capital formation was 139.22 billion current US$ in 2023. ▲ Rising
Gross capital formation in United Arab Emirates, 2001–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
United Arab Emirates recorded 139.22 billion current US$ for gross capital formation in 2023. That is the highest value across all 23 years on record.
That represents a change of up 4.5% on the previous year and up 60.8% over ten years.
Over the whole period, gross capital formation in United Arab Emirates peaked at 139.22 billion current US$ in 2023 and was at its lowest, 23.25 billion current US$, in 2001.
United Arab Emirates ranks 28th of 186 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 45.41 billion current US$ | 23.25 billion current US$ | 80.21 billion current US$ | 9 |
| 2010s | 89.25 billion current US$ | 79.89 billion current US$ | 100.61 billion current US$ | 10 |
| 2020s | 115.31 billion current US$ | 81.53 billion current US$ | 139.22 billion current US$ | 4 |
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 gross capital formation in United Arab Emirates?
- Gross capital formation in United Arab Emirates was 139.22 billion current US$ in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in United Arab Emirates?
- The highest recorded value was 139.22 billion current US$ in 2023.
- What is the lowest gross capital formation recorded in United Arab Emirates?
- The lowest recorded value was 23.25 billion current US$ in 2001.
- How does United Arab Emirates rank for gross capital formation?
- United Arab Emirates ranks 28th out of 186 countries with data for 2023.
- Is gross capital formation rising or falling in United Arab Emirates?
- Over the last ten years it is up 60.8%. The long-run trend across the full record is rising.
- 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 Gross capital formation (current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. 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.