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.

Key information about United Arab Emirates Real GDP Growth

• The Gross Domestic Product (GDP) in United Arab Emirates expanded 4.2 % YoY in Mar 2025, following a negative growth of 2.4 % in the previous quarter.
• Real GDP Growth YoY data in United Arab Emirates is updated quarterly, available from Jun 2012 to Mar 2025, with an average rate of -0.3 %.
• The data reached an all-time high of 14.2 % in Mar 2015 and a record low of -9.5 % in Dec 2014.

• In the latest reports, Nominal GDP of United Arab Emirates reached 136.8 USD bn in Mar 2025.
• Its GDP deflator (implicit price deflator) fell 0.3 % in Mar 2025.
• GDP Per Capita in United Arab Emirates reached 48,140.6 USD in Dec 2023.
• Its Gross Savings Rate was measured at 42.9 % in Dec 2023.
• For Nominal GDP contributions, Investment accounted for 20.6 % in Dec 2020.
• Public Consumption accounted for 12.2 % in Dec 2023.
• Private Consumption accounted for 44.9 % in Dec 2023.

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.

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.

Historical dataset showing UAE gdp growth rate by year from 1971 to 2023.

The real gross domestic product growth in the United Arab Emirates in 2020 following the COVID-19 pandemic was minus **** percent with an expected growth of *** percent in 2022. Among the Middle East and North Africa (MENA) region, Oman had the highest expected real GDP growth rate in 2022 at *** percent.

Key information about United Arab Emirates Nominal GDP Growth

• United Arab Emirates Nominal GDP Growth was reported at 6.940 % in Jun 2024.
• This records an increase from the previous number of 4.149 % for Mar 2024.
• United Arab Emirates Nominal GDP Growth data is updated quarterly, averaging 3.834 % from Mar 2013 to Jun 2024, with 46 observations.
• The data reached an all-time high of 28.486 % in Dec 2021 and a record low of -24.669 % in Jun 2020.
• United Arab Emirates Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly.

Graph and download economic data for Oil Real GDP Growth in Constant Prices for United Arab Emirates (ARENGDPORPCHPT) from 2000 to 2025 about United Arab Emirates, REO, oil, real, GDP, and rate.

Full Year GDP Growth in the United Arab Emirates increased to 4 percent in 2024 from 3.60 percent in 2023. This dataset includes a chart with historical data for the United Arab Emirates Full Year GDP Growth.

The forecasted gross domestic product growth in the United Arab Emirates for 2021 was *** percent. The forecasted gross domestic product growth for 2020 was estimated to be minus *** percent following the COVID-19 pandemic.

The latest data from show economic growth of 4.32 percent, which is an increase from the rate of growth of 2.52 percent in the previous quarter and
a decrease compared to the growth rate of 5.09 percent in the same quarter last year. The economic growth time series for the United Arab Emirates...

United Arab Emirates AE: GDP: Growth: Gross Value Added: Industry data was reported at -1.112 % in 2017. This records a decrease from the previous number of 2.323 % for 2016. United Arab Emirates AE: GDP: Growth: Gross Value Added: Industry data is updated yearly, averaging 3.019 % from Dec 2011 (Median) to 2017, with 7 observations. The data reached an all-time high of 8.477 % in 2011 and a record low of -1.112 % in 2017. United Arab Emirates AE: GDP: Growth: Gross Value Added: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United Arab Emirates – Table AE.World Bank: Gross Domestic Product: Annual Growth Rate. Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.

The real gross domestic product (GDP) growth rate of the United Arab Emirates (UAE) in 2019 was *** percent, which was an increase compared to the growth rate of *** percent in 2017. It was expected to reach *** percent in 2022. UAE GDP at constant price amounted to approximately **** trillion Emirati dirhams in 2018.

United Arab Emirates AE: GDP: Growth data was reported at 0.790 % in 2017. This records a decrease from the previous number of 2.988 % for 2016. United Arab Emirates AE: GDP: Growth data is updated yearly, averaging 4.208 % from Dec 1976 (Median) to 2017, with 42 observations. The data reached an all-time high of 23.875 % in 1980 and a record low of -14.958 % in 1986. United Arab Emirates AE: GDP: Growth data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United Arab Emirates – Table AE.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

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.

Key information about United Arab Emirates GDP Deflator Growth

• United Arab Emirates GDP deflator (implicit price deflator) fell 0.3 % in Mar 2025, compared with a drop of 0.4 % in the previous quarter.
• United Arab Emirates GDP Deflator Growth data is updated quarterly, available from Mar 2013 to Mar 2025, with an average rate of -0.3 %.
• The data reached an all-time high of 19.8 % in Jun 2021 and a record low of -18.6 % in Dec 2015.

• In the latest reports, United Arab Emirates GDP expanded 4.2 % YoY in Mar 2025.
• Its Nominal GDP reached 136.8 USD bn in Mar 2025.
• United Arab Emirates GDP Per Capita reached 48,140.6 USD in Dec 2023.
• Its Gross Savings Rate was measured at 42.9 % in Dec 2023.

The United Arab Emirates: Economic growth: the rate of change of GDP: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0.00 percent, based on data from countries. Historically, the average for the United Arab Emirates from to is percent. The minimum value, percent, was reached in while the maximum of percent was recorded in .

The contribution of the extractive industries such as oil and natural gas to the real gross domestic product (GDP) growth of the United Arab Emirates (UAE) in 2020 was minus *** percent of the total growth rate of minus *** percent of the year.

GDP Growth Non Oil Sector in the United Arab Emirates increased to 6.20 percent in the fourth quarter of 2024 from 4.90 percent in the third quarter of 2024. This dataset includes a chart with historical data for the United Arab Emirates GDP Growth Non Oil Sector.