The growth of the real gross domestic product (GDP) in the United Arab Emirates was estimated at about 3.76 percent in 2024. From 1980 to 2024, the growth rose by approximately 5.54 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the growth will rise by around 0.14 percentage points, showing an overall upward trend with periodic ups and downs.This indicator describes the annual change in the gross domestic product at constant prices, expressed in national currency units. Here the gross domestic product represents the total value of the final goods and services produced during a year.

The Gross Domestic Product (GDP) in the United Arab Emirates expanded 5 percent in the fourth quarter of 2024 over the same quarter of the previous year. This dataset provides - United Arab Emirates GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The gross domestic product (GDP) in current prices in the United Arab Emirates was estimated at about 537.08 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by approximately 495.35 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP will steadily rise by around 199.73 billion U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

The Gross Domestic Product (GDP) in the United Arab Emirates was worth 537.08 billion US dollars in 2024, according to official data from the World Bank. The GDP value of the United Arab Emirates represents 0.51 percent of the world economy. This dataset provides - United Arab Emirates GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2020, the extractive industries, including oil and natural gas, accounted for the largest share of real gross domestic product (GDP) in the United Arab Emirates (UAE), representing just over ** percent. The wholesale and retail trade industries followed closely at approximately **** percent. Conventional versus renewable energy In the United Arab Emirates, extractive industries have long been the backbone of the domestic economy, contributing over *** billion UAE Dirham to the country’s GDP in 2020. The UAE has also been ranked among the global leaders in crude oil production. However, the country is diverging from such conventional energy sources for the sake of a more environmentally sustainable economy. The UAE is working towards ** percent of renewable energy by 2030, while the UAE Strategy 2050 further targets a contribution of ** percent of clean energy to the energy mix. Non-oil economic sectors on the rise Despite the availability of vast deposits of fossil fuels and the country’s historical dependency on these natural resources, the UAE has also been striving towards a more diversified economy. Among the country’s non-oil industries, tourism and hospitality have contributed significantly to domestic economic growth. The pandemic-delayed Dubai Expo 2020 has cushioned the initial shock of COVID-19, offering a worthwhile opportunity for recovery and growth for the UAE tourism-related industries.

In the first quarter of 2021, the wholesale and retail sector remained the largest contributor to the gross domestic product (GDP) of the emirate of Dubai in the United Arab Emirates (UAE), accounting for about **** percent. Meanwhile, the financial services and insurance sector and the transport and storage sector followed at **** and **** percent, respectively. Global economic hub The United Arab Emirates, the second-largest Arab economy after Saudi Arabia in 2021, is home to key business hubs and financial centers, Dubai and Abu Dhabi. With the government’s strategic initiatives to support a growing environment for budding businesses, Dubai and Abu Dhabi have become the world’s most attractive business destinations for both local and foreign entrepreneurs. As of 2022, UAE was ranked among countries with the most competitive economy by the International Institute for Management Development, based on economic performance, government efficiency, business efficiency, and infrastructure. Road to sustainability The UAE economy has been historically heavily dependent on oil for its economy, as extractive industries remained the leading driver of the Emirates’ GDP in 2020. However, the UAE has been taking active initiatives towards a “green economy for sustainable development” by diversifying its economy away from oil. The UAE Energy Strategy 2050 sets an aim of ** percent renewables in the energy mix by 2050, the majority of which would likely stem from photovoltaic systems.

This statistic described the direct tourism contribution of Dubai to the gross domestic product of the United Arab Emirates from 2006 to 2016 and a forecast for 2026. The forecast of the direct tourism contribution of Dubai to the GDP of the United Arab Emirates for 2026 was approximately 20.9 billion U.S. dollars.

Graph and download economic data for Gross Domestic Product for United Arab Emirates (MKTGDPAEA646NWDB) from 1970 to 2024 about United Arab Emirates and GDP.

The objective of this study is to explore the influence of various factors on transportation development, considering their spillover effects on Gross Domestic Product (GDP) growth in neighboring provinces. The study utilizes time-series data from the transportation industry in Ho Chi Minh, Vietnam. Accordingly, a theoretical framework is constructed based on foundational theories. The methodology involves Structural Equation Modeling (SEM) analysis and its five steps of Goodness of Fit testing. The key findings include: (1) Mobile phones positively influence, while corruption control and state investment negatively impact goods labor productivity; (2) Provincial Competitiveness Index (PCI) and state investment positively influence both people labor productivity and people capital productivity; (3) Regarding spillover effects on neighboring provinces, mobile phones have a negative influence, while PCI positively impacts the GDP growth of Binh Phuoc. Mobile phones negatively affect GDP growth in Vung Tau and Dong Nai, whereas corruption control positively affects it in these provinces. Therefore, with regard to institutions, the government should regulate transportation industry activities towards environmental friendliness, such as developing PCI in the direction of a green environment or investing in green fuel for the transportation industry. As corruption control has both positive and negative effects, we recommend increasing corruption control towards a sustainable economy. Regarding technology, since mobile phones have both positive and negative effects, we suggest finding a balance to boost goods labor productivity. These results offer transportation policymakers and managers both theoretical and practical perspectives to improve the transportation industry’s development. Our study is an empirical investigation into the factors influencing the development of transportation and the spillover effects on neighboring provinces, with a focus on the case of Ho Chi Minh, Vietnam. Ho Chi Minh stands as the largest city and economic hub of Vietnam, playing a crucial role in the southern key economic region. The transportation industry’s average contribution to Gross Regional Domestic Product (GRDP) in Ho Chi Minh was approximately 16% during the period from 2010 to 2020. However, a significant challenge emerges. From 2010 to 2020, just over 40% of enterprises in the transportation industry were profitable, with around 50% experiencing sales losses. Moreover, about 8% of enterprises encountered operational interruptions, temporary closures, or faced issues leading to dissolution or bankruptcy.

Techsalerator's Corporate Actions Dataset in United Arab Emirates offers a comprehensive collection of data fields related to corporate actions, providing valuable insights for investors, traders, and financial institutions. This dataset includes crucial information about the various financial instruments of all 78 companies traded on the Abu Dhabi Securities Exchange (XADS).

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Top 5 used data fields in the Corporate Actions Dataset for United Arab Emirates:

• Dividend Declaration Date: The date on which a company's board of directors announces the dividend payout to its shareholders. This information is crucial for investors who rely on dividends as a source of income.

• Stock Split Ratio: The ratio by which a company's shares are split to increase liquidity and affordability. This field is essential for understanding changes in share structure.

• Merger Announcement Date: The date on which a company officially announces its intention to merge with another entity. This field is crucial for investors assessing the impact of potential mergers on their investments.

• Rights Issue Record Date: The date on which shareholders must be on the company's books to be eligible for participating in a rights issue. This data helps investors plan their participation in fundraising events.

• Bonus Issue Ex-Date: The date on which a company's shares start trading without the value of the bonus issue. This information is vital for investors to adjust their portfolios accordingly.

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Top 5 corporate actions in United Arab Emirates:

Infrastructure Projects: The UAE is known for its ambitious infrastructure projects, including iconic landmarks like the Burj Khalifa and various mega-projects. Corporate actions related to real estate, construction, and urban development are of significant importance.

Energy Sector Investments: As a major oil producer, corporate actions related to energy exploration, production, and investments in the oil and gas sectors play a crucial role in the UAE's economy.

Dubai Expo 2020 (Postponed to 2021): The UAE hosted the Expo 2020 in Dubai, a global event that showcased innovations, technologies, and opportunities. Corporate actions related to the Expo contributed to economic growth and international visibility.

Diversification Initiatives: The UAE has been focusing on diversifying its economy beyond oil and gas. Corporate actions in sectors like finance, technology, tourism, and renewable energy reflect the country's efforts to establish itself as a global business and tourism hub.

Financial Services and Fintech: Dubai, in particular, aims to become a global financial and fintech center. Corporate actions related to banking, Islamic finance, and fintech startups are prominent in the UAE's business environment.

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Top 5 financial instruments with corporate action Data in United Arab Emirates

Abu Dhabi Stock Exchange (ADX) Domestic Company Index: The primary index tracking the performance of domestic companies listed on the Abu Dhabi Stock Exchange. This index provides insights into the overall performance of local companies in the UAE's capital city.

Dubai International Financial Exchange (DIFX) Foreign Company Index: The index that monitors the performance of foreign companies listed on the Dubai International Financial Exchange. This index reflects the contributions of foreign businesses to Dubai's financial ecosystem.

EmiratiMart Supermarkets: A UAE-based supermarket chain with operations across various emirates. EmiratiMart is known for its focus on offering a diverse range of products to meet the needs of the local population.

UAE Inclusive Finance Group: A financial services provider operating across the United Arab Emirates, specializing in inclusive finance solutions to empower individuals and small businesses across the nation.

AgriGrow UAE: A leading agricultural company in the UAE that focuses on producing and distributing certified crop seeds and modern agricultural technologies to enhance food security and sustainable farming practices in the region.

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If you're interested in accessing Techsalerator's End-of-Day Pricing Data for United Arab Emirates, please contact info@techsalerator.com with your specific requirements. Techsalerator will provide you with a customized quote based on the number of data fields and records you need. The dataset can be delivered within 24 hours, and ongoing access options can be discussed if needed.

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Data fields included:

Dividend Declaration Date Stock Split Ratio Merger Announcement Date Rights Issue Record Date Bonus Issue Ex-Date Stock Buyback Date Spin-Off Announcement Date Dividend Record Date Merger Effective Date Rights Issue Subscription Price ‍

Q&A:

How much does the Corporate Actions Dataset cost in United Arab Emirates?

The cost of the Corporate Actions Dataset may vary depending on factors such as the number of d...

UAE Real Estate Market Analysis 2025-2033: Discover key trends, growth projections, and regional market share insights. Explore the booming UAE property sector, including luxury homes and commercial real estate investment opportunities. Key drivers for this market are: Increasing Developments in the Residential Segment, Investments in the Senior Living Units. Potential restraints include: Limited Availability of Land Hindering the Market. Notable trends are: Increase in Facility Management Services in the United Arab Emirates.

Middle East Car Rental Market size was valued at USD 3.85 Billion in 2024 and is projected to reach USD 7.42 Billion by 2032, growing at a CAGR of 8.5% from 2025 to 2032.

Key Market Drivers Tourism Industry Growth: The growth of the Middle East's tourism sector has significantly boosted the demand for car rentals, as more tourists and businesses seek flexible transportation solutions. This surge in demand aligns with the region’s economic development, particularly in the GCC countries. The World Travel and Tourism Council's 2023 report showed a 42% rise in tourism's contribution to the GCC's GDP, with the UAE leading at 56% growth. The Dubai Tourism Board reported a 38% increase in tourist car rentals in 2023, with an average rental duration of 5.2 days per tourist. Corporate Sector Expansion: The expansion of the Middle East's business ecosystem has significantly increased the demand for corporate car rental services. Companies are turning to rentals for flexible, cost-effective transportation solutions as they focus on operational efficiency and business travel needs. In 2023, corporate car rentals in Saudi Arabia rose by 45%, while business rentals in the UAE grew by 35%. Long-term corporate leasing in the GCC increased by 52%. Digital Transformation: The adoption of mobile apps and digital platforms has significantly enhanced the car rental experience. In 2023, online bookings made up 65% of all car rentals, a 55% increase from 2021, according to the GCC Car Rental Association. This shift towards digital solutions highlights the growing preference for easy, on-the-go vehicle bookings. Additionally, mobile app installations for car rentals across the Middle East grew by 92%, underscoring the region's embrace of technology for streamlined rental services.

The GCC real estate market, valued at $13.39 billion in 2025, is projected to experience robust growth, with a Compound Annual Growth Rate (CAGR) of 9.63% from 2025 to 2033. This expansion is driven by several key factors. Increased government investments in infrastructure projects, particularly in Saudi Arabia and the UAE, are stimulating demand. Furthermore, a burgeoning population, coupled with rising urbanization and a robust tourism sector, fuel the need for residential and commercial properties. The significant influx of foreign investment, attracted by the region's economic diversification strategies and favorable regulatory environments, also contributes significantly to market growth. The market is segmented by property type, with single-family homes and multi-family dwellings representing the primary segments. Competition among major players like Strabag Dubai LLC, Extra Co Group of Companies, and Albaddad International is fierce, driving innovation and efficiency improvements within the construction and development sectors. While challenges exist, such as potential economic fluctuations and material cost increases, the overall outlook for the GCC real estate market remains positive, promising substantial growth over the forecast period. The forecast period of 2025-2033 is anticipated to witness a steady rise in market value, influenced by factors like ongoing infrastructure development, government initiatives to boost housing affordability, and continuous growth in the tourism and hospitality industries. The strategic location of the GCC region, serving as a crucial trade hub, adds to its appeal for investors. The ongoing diversification of the regional economy, reducing reliance on oil revenue, enhances long-term stability and fosters a favorable investment climate. While supply chain disruptions and global economic uncertainties represent potential headwinds, the strong fundamentals of the GCC real estate market suggest its resilience and capacity for sustained growth. The segmentation into single-family and multi-family homes reflects differing consumer preferences and demand drivers, influencing the overall market dynamics. Recent developments include: June 2023: Saudi Arabia's Red Sea International Co. acquired a 51% stake in local construction firm Fundamental Installation for Electric Work Co. Ltd. (First Fix) for a total transaction value of 544.2 million (USD 145 million)., May 2022: Saudi Giga projected a merger to create a new development powerhouse. Saudi Arabia's Public Investment Fund (PIF) combined two big projects, with The Red Sea Development Company (TRSDC) having taken over Amaala under a single new entity, which will be soon known as Red Sea Global.. Key drivers for this market are: Increasing Demand of prefabricated Housing in GCC, Government Initiatives Driving the Construction. Potential restraints include: Increasing Demand of prefabricated Housing in GCC, Government Initiatives Driving the Construction. Notable trends are: Rising Demand for Single Family Type in the Region Fuelling the Market Demand.

UAE Transportation Infrastructure Construction Market size was valued at USD 12.84 Billion in 2024 and is projected to reach USD 18.65 Billion by 2032, growing at a CAGR of 4.8% from 2025 to 2032.

Key Market Drivers Government Investments in Transportation Projects: The UAE government has prioritized the development and improvement of its transportation infrastructure. One such example is the UAE Vision 2021, which intends to improve the transportation network to assist economic growth.

Growth in Tourism and International Events: The growing number of tourists and big international events, such as Expo 2020 Dubai, have increased the need for improved transit infrastructure. The UAE's Department of Tourism and Commerce Marketing predicted that Dubai alone welcome over 25 million people during Expo 2020, necessitating extensive changes to public transportation systems, highways, and airports to meet the increased demand.

The gross domestic product (GDP) per capita in the United Arab Emirates was estimated at 50,220 U.S. dollars in 2024. Between 1980 and 2024, the GDP per capita rose by 8,910 U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The GDP per capita will steadily rise by 16,450 U.S. dollars over the period from 2024 to 2030, reflecting a clear upward trend.This indicator describes the gross domestic product per capita at current prices. Thereby, the gross domestic product was first converted from national currency to U.S. dollars at current exchange rates and then divided by the total population. The gross domestic product is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).

The UAE Property & Casualty (P&C) insurance market exhibits robust growth, driven by a burgeoning construction sector, expanding population, and increasing awareness of risk management. The market size in 2025 is estimated at $10 billion, reflecting significant investment in infrastructure projects and a rising middle class demanding comprehensive insurance coverage. Analyzing the historical period (2019-2024) and considering current market trends, a Compound Annual Growth Rate (CAGR) of 7% is projected for the forecast period (2025-2033). This sustained growth is attributed to government initiatives promoting insurance penetration, stringent building codes necessitating property insurance, and a growing demand for motor vehicle insurance alongside other specialized liability policies. The market is expected to surpass $18 billion by 2033, presenting lucrative opportunities for both established and new players. Key growth drivers include the diversification of the UAE economy beyond oil, attracting foreign investment, and the increasing adoption of digital insurance solutions. This positive trajectory is, however, subject to potential economic fluctuations and global geopolitical events. Nevertheless, the long-term outlook remains optimistic due to the UAE's strategic vision for sustainable development and its commitment to improving infrastructure and citizen welfare. The market's structure is likely to evolve with increasing consolidation among insurers and a growing focus on niche products catering to the specific needs of various sectors, such as tourism, logistics, and energy. The rising adoption of technology, especially Insurtech solutions, will play a crucial role in improving operational efficiency, enhancing customer experience, and driving further market expansion. Government regulations promoting financial stability and consumer protection will continue to shape the competitive landscape. Key drivers for this market are: Government Initiative is Expected to Drive the Growth of the Market, Increasing Sales of Vehicle Across UAE is Driving the Market. Potential restraints include: Strict Regulatory Landscape is Expected to Restrain the Growth of the Market, High Costs of Product. Notable trends are: Growing Consolidation.

GDP per capita (current US$) in United Arab Emirates was reported at 49378 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. United Arab Emirates - GDP per capita - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

Discover the booming UAE commercial real estate market! This in-depth analysis reveals a 6% CAGR, key drivers, market segmentation (offices, retail, industrial, hospitality), top players (Aldar, Arabtec, Nakheel), and regional insights. Explore investment opportunities in Dubai, Abu Dhabi, and Sharjah. Recent developments include: March 2022: AD Ports Group signed an agreement with Metal Park Investment ME LTD to establish an integrated metal hub in KIZAD that will cater to all industry verticals and offer scale flexibilities to metal vendors, processors, and fabricators in the United Arab Emirates. The upcoming Metal Park in KIZAD covers a total land area of 450,000 sq. m. It will be equipped with state-of-the-art facilities supporting storage and handling, processing, and fabrication activities while offering access to R&D amenities, rental office space, and associated financial services., December 2021: A consortium comprising Aldar Properties and ADQ announced the acquisition of approximately 85.52% of the outstanding share capital of The Sixth of October for Development and Investment SAE.. Key drivers for this market are: Government Initiatives Promoting Affordable Housing, Economic Growth and Rising Disposable Incomes. Potential restraints include: Shortage of Skilled Labor, Fluctuating Construction Materials Costs. Notable trends are: Increase in Demand for Office Spaces across Dubai To Drive the Market.

The UAE condominiums and apartments market is experiencing robust growth, driven by a burgeoning population, increasing tourism, and significant government investments in infrastructure and real estate development. The market's Compound Annual Growth Rate (CAGR) exceeding 4% indicates a sustained upward trajectory, projected to continue through 2033. Key cities like Dubai, Abu Dhabi, and Sharjah are at the forefront of this expansion, attracting both local and international investors. The demand is fueled by a diverse range of buyers, from young professionals seeking modern urban living to high-net-worth individuals investing in luxury properties. Leading developers such as Emaar Properties, Damac Properties, and Nakheel Properties are actively shaping the market landscape with innovative projects and strategic partnerships, contributing to the overall market vibrancy. While potential restraints like fluctuating global economic conditions and the availability of construction materials exist, the strong underlying fundamentals, including sustained economic growth and a favorable regulatory environment, suggest the market will remain resilient and continue its expansion in the coming years. The market segmentation reveals a diverse range of price points and property types, catering to a broad spectrum of consumer preferences, contributing to its overall dynamism and resilience. The high concentration of major developers in the key cities highlights a significant level of competition, ultimately benefiting consumers through increased choice and potentially improved quality. The forecast for the UAE condominiums and apartments market indicates sustained growth throughout the projection period (2025-2033). The continued influx of both residents and tourists, combined with ongoing government initiatives supporting real estate development and infrastructure improvements, will act as strong tailwinds. While global economic uncertainty presents a potential challenge, the diversification of the UAE economy and its strong financial reserves position it to weather such headwinds effectively. The market is likely to witness increased sophistication in property offerings, with a heightened focus on sustainability, smart home technology, and community-centric developments to cater to evolving consumer preferences. The expansion of the market is expected to be particularly pronounced in areas with improved connectivity and amenities, reflecting a trend toward integrated communities that offer a holistic lifestyle experience. The competition among developers will likely intensify, leading to further innovation and improved affordability in select segments of the market. This comprehensive report provides an in-depth analysis of the UAE condominiums and apartments market, covering the period from 2019 to 2033. It offers crucial insights for investors, developers, and stakeholders seeking to navigate this dynamic sector. With a focus on key cities like Dubai, Abu Dhabi, and Sharjah, the report delves into market trends, segment performance, and future growth projections. Utilizing data from the base year 2025 and estimating market value in millions of units, this report offers invaluable intelligence for informed decision-making. Recent developments include: October 2022: Damac Properties unveiled a luxury residential project in Dubai's Business Bay, featuring interiors designed by Swiss jeweller De Grisogono, to meet growing demand in the prime market. The 41-storey Chic Tower will include studios, as well as one and two-bedroom apartments. It plans to add three and four-bedroom apartments with 'hydroponic walls and sky pools' at a later stage. Chic Tower will also feature amenities such as seven baths, a beauty bar, and sky gyms. Damac did not disclose the total cost of the project or the construction schedule., November 2022: Nakheel PJSC secured AED 17 billion (USD 4.6 billion) in financing from a group of local lenders, as it seeks to kick off new projects amid a property boom in Dubai. The company raised AED 11 billion (USD 2.99 billion) to refinance and consolidate its existing debt. Nakheel will use the remaining AED 6 billion (USD 1.63 billion) to accelerate the development of its new projects, including Dubai Islands and other large waterfront projects. The financing was secured through a syndicate of three local lenders, namely Emirates NBD PJSC, Dubai Islamic Bank PJSC, and Mashreqbank PSC.. Key drivers for this market are: Increasing Spending on the Commercial Construction. Potential restraints include: Materials and Labor Shortages. Notable trends are: Luxury Apartment Prices Set to Witness a Steep Growth.

Discover the booming UAE Property & Casualty Insurance market! This in-depth analysis reveals market size, CAGR, and key growth drivers from 2019-2033, highlighting opportunities and challenges for insurers in Dubai, Abu Dhabi, and beyond. Learn about projected market growth and regional market share. Notable trends are: Growing Consolidation.