Gross domestic savings in United Arab Emirates
United Arab Emirates: Gross domestic savings was 823.60 billion current LCU in 2023. ▲ Rising
Gross domestic savings in United Arab Emirates, 2001–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
United Arab Emirates recorded 823.60 billion current LCU for gross domestic savings in 2023.
Compared with earlier readings it is down 4.9% on the previous year and down 4.9% over ten years.
Over the whole period, gross domestic savings in United Arab Emirates peaked at 866.51 billion current LCU in 2012 and was at its lowest, 114.86 billion current LCU, in 2002.
That places United Arab Emirates 64th out of 187 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 238.10 billion current LCU | 114.86 billion current LCU | 397.63 billion current LCU | 9 |
| 2010s | 756.34 billion current LCU | 573.86 billion current LCU | 866.51 billion current LCU | 10 |
| 2020s | 729.44 billion current LCU | 522.47 billion current LCU | 866.13 billion current LCU | 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 domestic savings in United Arab Emirates?
- Gross domestic savings in United Arab Emirates was 823.60 billion current LCU in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in United Arab Emirates?
- The highest recorded value was 866.51 billion current LCU in 2012.
- What is the lowest gross domestic savings recorded in United Arab Emirates?
- The lowest recorded value was 114.86 billion current LCU in 2002.
- How does United Arab Emirates rank for gross domestic savings?
- United Arab Emirates ranks 64th out of 187 countries with data for 2023.
- Is gross domestic savings rising or falling in United Arab Emirates?
- Over the last ten years it is down 4.9%. 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 domestic savings (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). 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.