The Gross Domestic Product per capita in the United Arab Emirates was last recorded at 42507.79 US dollars in 2023. The GDP per Capita in the United Arab Emirates is equivalent to 337 percent of the world's average. This dataset provides - United Arab Emirates GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The gross domestic product (GDP) per capita in the United Arab Emirates was forecast to continuously increase between 2024 and 2029 by in total 12,969.6 U.S. dollars (+26.17 percent). After the sixth consecutive increasing year, the GDP per capita is estimated to reach 62,519.19 U.S. dollars and therefore a new peak in 2029. 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 prices and then divided by the total population. The gross domestic products 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).Find more key insights for the gross domestic product (GDP) per capita in countries like Lebanon, Bahrain, and Kuwait.

Key information about United Arab Emirates GDP Per Capita

• United Arab Emirates Gross Domestic Product (GDP) per Capita reached 38,661.163 USD in Dec 2020, compared with 43,900.154 USD in Dec 2019.
• United Arab Emirates GDP Per Capita data is updated yearly, available from Dec 1985 to Dec 2020, with an average number of 33,904.012 USD.
• The data reached an all-time high of 45,075.558 USD in Dec 2018 and a record low of 14,800.000 in Dec 1988.
• Federal Competitiveness and Statistics Centre provides annual GDP per Capita in USD.

Related information about United Arab Emirates GDP Per Capita data

• In the latest reports, United Arab Emirates GDP expanded 3.900 % YoY in Jun 2023.
• United Arab Emirates Nominal GDP reached 117.279 USD bn in Mar 2022.
• Its GDP deflator (implicit price deflator) increased 12.834 % in Mar 2022.
• Gross Savings Rate of United Arab Emirates was measured at 39.192 % in Dec 2021.

Key information about United Arab Emirates Public Consumption: % of GDP

• United Arab Emirates Public Consumption accounted for 12.4 % of its Nominal GDP in Dec 2023, compared with a share of 12.6 % in the previous year.
• United Arab Emirates Public Consumption share of Nominal GDP ratio is updated yearly, available from Dec 1972 to Dec 2023, with an average number of 11.0 %.
• The data reached an all-time high of 15.2 % in Dec 2020 and a record low of 5.7 % in Dec 1975.

CEIC calculates annual Government Consumption as % of Nominal GDP from annual Government Consumption Expenditure and annual Nominal GDP. Federal Competitiveness and Statistics Centre provides Government Consumption Expenditure in local currency and Nominal GDP in local currency, based on SNA 2008. Government Consumption as % of Nominal GDP prior to 2010 is based on SNA 1993.


Related information about United Arab Emirates Public Consumption: % of GDP

• In the latest reports, United Arab Emirates GDP expanded 4.6 % YoY in Jun 2024.
• United Arab Emirates Nominal GDP reached 117.3 USD bn in Mar 2022.
• Its GDP deflator (implicit price deflator) increased 12.8 % in Mar 2022.
• United Arab Emirates GDP Per Capita reached 38,661.2 USD in Dec 2020.
• Its Gross Savings Rate was measured at 42.0 % in Dec 2023.
• For Nominal GDP contributions, Investment accounted for 21.0 % in Dec 2020.
• Private Consumption accounted for 45.6 % in Dec 2023.

Key information about United Arab Emirates GDP Deflator Growth

• United Arab Emirates GDP deflator (implicit price deflator) increased 12.8 % in Mar 2022, compared with an increase of 20.0 % in the previous quarter.
• United Arab Emirates GDP Deflator Growth data is updated quarterly, available from Mar 2013 to Mar 2022, with an average rate of 0.9 %.
• The data reached an all-time high of 21.0 % in Jun 2021 and a record low of -21.9 % in Jun 2020.

CEIC calculates quarterly GDP Deflator Growth from quarterly Nominal and quarterly Real GDP. Federal Competitiveness and Statistics Centre provides Nominal GDP in local currency and Real GDP in local currency, at 2010 prices.


Related information about United Arab Emirates GDP Deflator Growth

• In the latest reports, United Arab Emirates GDP expanded 4.7 % YoY in Jun 2022.
• Its Nominal GDP reached 117.3 USD bn in Mar 2022.
• United Arab Emirates GDP Per Capita reached 38,661.2 USD in Dec 2020.
• Its Gross Savings Rate was measured at 45.4 % in Dec 2020.

Pdb Per Kapita Uni Emirat Arab dilaporkan sebesar 38,661.163 USD pada 2020. Rekor ini turun dibanding sebelumnya yaitu 43,900.154 USD untuk 2019. Data Pdb Per Kapita Uni Emirat Arab diperbarui tahunan, dengan rata-rata 33,904.012 USD dari 1985 sampai 2020, dengan 34 observasi. Data ini mencapai angka tertinggi sebesar 45,075.558 USD pada 2018 dan rekor terendah sebesar 14,800.000 USD pada 1988. Data Pdb Per Kapita Uni Emirat Arab tetap berstatus aktif di CEIC dan dilaporkan oleh Federal Competitiveness and Statistics Centre. Data dikategorikan dalam Uni Emirat Arab Global Database – Table AE.A038: SNA 1993: GDP per Capita.

Key information about United Arab Emirates Gross Savings Rate

• United Arab Emirates Gross Savings Rate was measured at 42.0% in Dec 2023, compared with 42.0% in the previous year.
• United Arab Emirates Gross Savings Rate is updated yearly, with data available from Dec 1972 to Dec 2023, and an average rate of 42.0%.
• The data reached an all-time high of 42.0% in Dec 1974 and a record low of 28.5% in Dec 2002.
• CEIC calculates annual Gross Domestic Savings Rate from annual Gross Domestic Savings and annual Nominal GDP. Gross Domestic Savings is calculated as Nominal GDP less Final Consumption Expenditure. Federal Competitiveness and Statistics Centre provides Final Consumption Expenditure in local currency and Nominal GDP in local currency, based on SNA 2008. Gross Domestic Savings Rate prior to 2010 is based on SNA 1993.
• In the latest reports, United Arab Emirates GDP expanded 4.6% YoY in Jun 2024.
• United Arab Emirates Nominal GDP reached 117,279.0 USD mn in Mar 2022. Its GDP deflator (implicit price deflator) increased 12.8% in Mar 2022.
• United Arab Emirates GDP Per Capita reached 38,661.2 USD in Dec 2020.

Valori correnti, dati storici, previsioni, statistiche, grafici e calendario economico - Emirati Arabi Uniti - PIL pro capite PPP. Valori correnti, dati storici, previsioni, statistiche, grafici e calendario economico - Emirati Arabi Uniti - PIL pro capite PPP.

In 2023, the unemployment rate in the United Arab Emirates was at 2.15 percent of the total labor force. The unemployment rate depicts the share of a country's labor force without jobs but available and actively seeking employment. The United Arab Emirates’ unemployment rate is quite low, and the region has one of lowest amounts of unemployed persons worldwide. Oil-based economyOne of the most important economic centers of Western Asia, the United Arab Emirates’ gross domestic product (GDP) amounted to around 424.64 billion U.S. dollars in 2018. The United Arab Emirates’ economy is particularly reliant on oil exports, and it holds the seventh-largest proved oil reserves. Most reserves are located in Abu Dhabi in a combination of offshore and onshore locations. UAE populationDue to the profitable nature of the petroleum industry and a relatively small population, the country has one of the highest GDP per capita rates in the world, at over 40,700 U.S. dollars in 2018. The country’s population is mostly comprised of expatriate workers, the majority of whom who have cultural backgrounds from South Asia, Egypt, and the Philippines. Most of the country’s population fall between the ages of 15 and 64 years.

The real per capita consumer spending on clothing and footwear in the United Arab Emirates was forecast to continuously increase between 2024 and 2029 by in total 26.9 U.S. dollars (+2.9 percent). According to this forecast, in 2029, the real fashion-related per capita spending will have increased for the fourth consecutive year to 955.86 U.S. dollars. Consumer spending, in this case per capita spending concerning clothing and footwear, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). The shown data adheres broadly to group 03. As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data has been converted from local currencies to US$ using the average constant exchange rate of the base year 2017. The timelines therefore do not incorporate currency effects. The data is shown in real terms which means that monetary data is valued at constant prices of a given base year (in this case: 2017). To attain constant prices the nominal forecast has been deflated with the projected consumer price index for the respective category.Find more key insights for the real per capita consumer spending on clothing and footwear in countries like Iraq and Qatar.

The real per capita consumer spending on alcohol and tobacco in the United Arab Emirates was forecast to continuously increase between 2024 and 2029 by in total 11.3 U.S. dollars (+4.27 percent). According to this forecast, in 2029, the real per capita consumer spending will have increased for the fourth consecutive year to 275.71 U.S. dollars. Consumer spending, in this case alcohol- and tobacco-related spending per capita, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). The shown data adheres broadly to group 02. As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data has been converted from local currencies to US$ using the average constant exchange rate of the base year 2017. The timelines therefore do not incorporate currency effects. The data is shown in real terms which means that monetary data is valued at constant prices of a given base year (in this case: 2017). To attain constant prices the nominal forecast has been deflated with the projected consumer price index for the respective category.Find more key insights for the real per capita consumer spending on alcohol and tobacco in countries like Iran and Jordan.

Os dados de Pib Per Capita dos Emirados Árabes Unidos foram registrados em 38,661.163 USD em 2020. Este registro de uma queda com relação aos números anteriores de 43,900.154 USD em 2019. Os dados de Pib Per Capita dos Emirados Árabes Unidos são atualizados anualmente, com uma média de 33,904.012 USD em 1985 até 2020, com 34 observações. Os dados alcançaram um alto recorde de 45,075.558 USD em 2018 e um baixo recorde de 14,800.000 USD em 1988. Os dados de Pib Per Capita dos Emirados Árabes Unidos permanecem com status ativo na CEIC e são reportados pela fonte: Federal Competitiveness and Statistics Centre. Os dados são classificados sob o Global Database’ Emirados Árabes Unidos – Table AE.A038: SNA 1993: GDP per Capita.

In 2019, the construction sector accounted for the highest number of employed persons in the United Arab Emirates (UAE) at around 1.64 million, followed by the wholesale and retail trade, repair of motor vehicles, motorcycles, and personal and household goods sector at around 1.1 million.

 The UAE economy 

The UAE is one of the Middle East region’s largest economies. Its gross domestic product (GDP) was forecasted to reach around 40 thousand U.S. dollars per capita in 2024. The service sector continued to account for the largest share of the GDP in 2019. Understanding the need to reduce reliance on revenues from petroleum and natural gas, the country has adopted plans to create a sustainable and diversified economy.

 Housing sector future

By 2022, the UAE was forecasted to have the second largest demand for housing units in the Gulf Cooperation Council. The growing construction of villas in the UAE has driven the growth of the smart homes market in recent years, which was also forecasted to continue growing by 2022.

Gross Fixed Capital Formation in the United Arab Emirates increased to 286073.90 AED Million in 2020 from 270277.44 AED Million in 2019. This dataset provides - United Arab Emirates Gross Fixed Capital Formation - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Vereinigte Arabische Emirates Bip Pro Kopf belief sich im 2020 auf 38,661.163 US Dollar. Dies stellt einen Rückgang im Vergleich zu den vorherigen Zahlen von 43,900.154 US Dollar für 2019 dar. Vereinigte Arabische Emirates Bip Pro Kopf werden jährlich aktualisiert, mit einem Durchschnitt von 33,904.012 US Dollar von 1985 bis 2020, mit 34 Beobachtungen. Die Daten erreichten ein Allzeithoch in Höhe von 45,075.558 US Dollar im 2018 und ein Rekordtief in Höhe von 14,800.000 US Dollar im 1988. Vereinigte Arabische Emirates Bip Pro Kopf Daten behalten den Aktiv-Status in CEIC und werden von Federal Competitiveness and Statistics Centre gemeldet. Die Daten werden unter Global Databases Vereinigte Arabische Emirate – Table AE.A038: SNA 1993: GDP per Capita kategorisiert.

The per capita consumer spending on communication in the United Arab Emirates was forecast to continuously increase between 2024 and 2029 by in total 109.9 U.S. dollars (+15.28 percent). After the sixth consecutive increasing year, the communication-related per capita spending is estimated to reach 829.19 U.S. dollars and therefore a new peak in 2029. Consumer spending, in this case communication-related spending per capita, refers to the domestic demand of private households and non-profit institutions serving households (NPISHs). Spending by corporations and the state is not included. The forecast has been adjusted for the expected impact of COVID-19.Consumer spending is the biggest component of the gross domestic product as computed on an expenditure basis in the context of national accounts. The other components in this approach are consumption expenditure of the state, gross domestic investment as well as the net exports of goods and services. Consumer spending is broken down according to the United Nations' Classification of Individual Consumption By Purpose (COICOP). The shown data adheres roughly to group 08, with the exception of information processing equipment (computers) which are here still aggregated into recreation. As not all countries and regions report data in a harmonized way, all data shown here has been processed by Statista to allow the greatest level of comparability possible. The underlying input data are usually household budget surveys conducted by government agencies that track spending of selected households over a given period.The data is shown in nominal terms which means that monetary data is valued at prices of the respective year and has not been adjusted for inflation. For future years the price level has been projected as well. The data has been converted from local currencies to US$ using the average exchange rate of the respective year. For forecast years, the exchange rate has been projected as well. The timelines therefore incorporate currency effects.Find more key insights for the per capita consumer spending on communication in countries like Israel and Bahrain.

This statistic describes the economic contribution of capital investment in tourism to the United Arab Emirates from 2012 to 2017, with an estimate for 2018 and a forecast for 2028. According to forecasts, the contribution of capital investment in tourism to the GDP of the UAE will be 74.4 billion United Arab Emirates dirham by 2028.

UAE Chocolate Market size was valued at USD 1.56 Billion in 2024 and is projected to reach USD 2.35 Billion by 2032, growing at a CAGR of 5.3% from 2025 to 2032.

Key Market Drivers

Rising Disposable Income and Affluent Population: The increased affluence in the UAE drives the demand for premium and luxury chocolates. According to the UAE’s Ministry of Economy, the UAE’s GDP per capita was around $43,000 in 2022, making it one of the highest in the world. This wealth has resulted in an increase in consumer spending on premium products, including chocolates, with customers increasingly choosing high-quality, branded chocolates for both gifting and personal use.

Tourism and Increased Consumer Spending: The UAE’s growing tourism economy helps to drive the chocolate business. According to the UAE Department of Tourism and Commerce Marketing, Dubai alone will draw more than 16 million international visitors in 2022.

In 2015, Dubai was the city with the highest number of tourists staying at least one night per capita. That same year, international overnight visitor spending in Dubai reached 28.5 billion US dollars. The city, which is the largest and most populous city in the United Arab Emirates, was also one of the most expensive holiday destinations in the world in 2018. In 2016, 14.87 million people visited Dubai from abroad.

Europe and Asia: top destinations

According to the source, most of the 20 tourist cities with the highest number of visitor arrivals per capita were Asian or European cities. After Dubai, Amsterdam and Prague were the second and third cities with the greatest number of tourists spending at least one night per capita. With respectively, 2.7 and 2.5 visitors per capita, the two European cities were followed by another one: London. Singapore, ranked fifth with 2.1 visitors per capita, was the first Asian city in the list. Thus, New-York the first North American city of this ranking was 17th. It appears that Europe remains one of the most popular tourist destinations. Asia was also a very attractive destinations for international visitors with Hong-Kong being the leading city destination in 2017.

Focus on tourism in Europe

Since the nineties, the number of international tourist arrivals in Europe keeps increasing. France is the European country with the largest number of international visitors’ arrivals, while Spain and Italy are also two of the leading tourist destinations on the continent. Travel and tourism have an important contribution to GDP in Europe, reaching 781.6 billion US dollar and 2018 and expected to attain 991.4 billion in 2028.

At 8.07 U.S. dollars, Switzerland has the most expensive Big Macs in the world, according to the July 2024 Big Mac index. Concurrently, the cost of a Big Mac was 5.69 dollars in the U.S., and 6.06 U.S. dollars in the Euro area. What is the Big Mac index? The Big Mac index, published by The Economist, is a novel way of measuring whether the market exchange rates for different countries’ currencies are overvalued or undervalued. It does this by measuring each currency against a common standard – the Big Mac hamburger sold by McDonald’s restaurants all over the world. Twice a year the Economist converts the average national price of a Big Mac into U.S. dollars using the exchange rate at that point in time. As a Big Mac is a completely standardized product across the world, the argument goes that it should have the same relative cost in every country. Differences in the cost of a Big Mac expressed as U.S. dollars therefore reflect differences in the purchasing power of each currency. Is the Big Mac index a good measure of purchasing power parity? Purchasing power parity (PPP) is the idea that items should cost the same in different countries, based on the exchange rate at that time. This relationship does not hold in practice. Factors like tax rates, wage regulations, whether components need to be imported, and the level of market competition all contribute to price variations between countries. The Big Mac index does measure this basic point – that one U.S. dollar can buy more in some countries than others. There are more accurate ways to measure differences in PPP though, which convert a larger range of products into their dollar price. Adjusting for PPP can have a massive effect on how we understand a country’s economy. The country with the largest GDP adjusted for PPP is China, but when looking at the unadjusted GDP of different countries, the U.S. has the largest economy.