Gross value added at basic prices (GVA) in United Arab Emirates
United Arab Emirates: Gross value added at basic prices (GVA) was 2.03 trillion current LCU in 2024. ◆ Volatile
Gross value added at basic prices (GVA) in United Arab Emirates, 1975–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross value added at basic prices (gva) in United Arab Emirates is 2.03 trillion current LCU, measured in 2024. That is the highest value across all 50 years on record.
Compared with earlier readings it is up 5.7% on the previous year and up 30.0% over ten years.
Over the whole period, gross value added at basic prices (gva) in United Arab Emirates peaked at 2.03 trillion current LCU in 2024 and was at its lowest, 58.31 billion current LCU, in 1975.
That places United Arab Emirates 84th out of 206 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 | 88.51 billion current LCU | 58.31 billion current LCU | 119.15 billion current LCU | 5 |
| 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 gross value added at basic prices (gva) in United Arab Emirates?
- Gross value added at basic prices (gva) 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 gross value added at basic prices (gva) recorded in United Arab Emirates?
- The highest recorded value was 2.03 trillion current LCU in 2024.
- What is the lowest gross value added at basic prices (gva) recorded in United Arab Emirates?
- The lowest recorded value was 58.31 billion current LCU in 1975.
- How does United Arab Emirates rank for gross value added at basic prices (gva)?
- United Arab Emirates ranks 84th out of 206 countries with data for 2024.
- Is gross value added at basic prices (gva) 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 Gross value added at basic prices (GVA) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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.