Services, value added in United Arab Emirates
United Arab Emirates: Services, value added was 944.79 billion constant LCU in 2024. ◆ Volatile
Services, value added in United Arab Emirates, 1975–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for services, value added in United Arab Emirates is 944.79 billion constant LCU, measured in 2024. That is the highest value across all 50 years on record.
Compared with earlier readings it is up 4.9% on the previous year and up 33.5% over ten years.
Over the whole period, services, value added in United Arab Emirates peaked at 944.79 billion constant LCU in 2024 and was at its lowest, 37.36 billion constant LCU, in 1975.
That places United Arab Emirates 82nd out of 198 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 | 58.05 billion constant LCU | 37.36 billion constant LCU | 69.39 billion constant LCU | 5 |
| 1980s | 99.23 billion constant LCU | 78.39 billion constant LCU | 111.37 billion constant LCU | 10 |
| 1990s | 177.42 billion constant LCU | 123.18 billion constant LCU | 237.88 billion constant LCU | 10 |
| 2000s | 391.18 billion constant LCU | 251.28 billion constant LCU | 559.84 billion constant LCU | 10 |
| 2010s | 709.31 billion constant LCU | 553.87 billion constant LCU | 826.59 billion constant LCU | 10 |
| 2020s | 842.49 billion constant LCU | 744.54 billion constant LCU | 944.79 billion constant 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 services, value added in United Arab Emirates?
- Services, value added in United Arab Emirates was 944.79 billion constant LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest services, value added recorded in United Arab Emirates?
- The highest recorded value was 944.79 billion constant LCU in 2024.
- What is the lowest services, value added recorded in United Arab Emirates?
- The lowest recorded value was 37.36 billion constant LCU in 1975.
- How does United Arab Emirates rank for services, value added?
- United Arab Emirates ranks 82nd out of 198 countries with data for 2024.
- Is services, value added rising or falling in United Arab Emirates?
- Over the last ten years it is up 33.5%. 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 Offices (NSOs), published as part of Services, value added (constant LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.