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United Arab Emirates GDP Annual Growth Rate

The United Arab Emirates' GDP annual growth rate rose to 3.76% in 2024, up from 3.62% in 2023, according to World Bank. This represents an increase of 0.14% from the previous year. The United Arab Emirates has GDP annual growth rate higher than the global median (3.76% vs median 3.24%). Within Asia, it ranks 24th out of 47 countries.

The United Arab Emirates' real GDP rose to $462.4 billion in 2024, up from $445.64 billion in 2023.

Yearly Historical Data (1971-2024)

(in %)
Year GDP Annual Growth Rate (%)
2024 3.76%
2023 3.62%
2022 7.51%
2021 4.35%
2020 -4.96%
2019 1.11%
2018 1.31%
2017 0.74%
2016 5.56%
2015 6.79%
2014 4.17%
2013 5.06%
2012 1.82%
2011 6.22%
2010 1.6%
2009 -5.24%
2008 3.19%
2007 3.18%
2006 9.84%
2005 4.86%
2004 9.57%
2003 8.8%
2002 2.43%
2001 1.4%
2000 10.85%
1999 2.9%
1998 0.29%
1997 8.19%
1996 5.8%
1995 6.69%
1994 6.9%
1993 1.26%
1992 3.34%
1991 0.86%
1990 18.33%
1989 12.34%
1988 -2.62%
1987 3.38%
1986 -14.96%
1985 -3.59%
1984 4.02%
1983 -4.75%
1982 -6.72%
1981 4.66%
1980 23.87%
1979 20.92%
1978 -1.59%
1977 21.44%
1976 16.53%
1975 6.23%
1974 14.5%
1973 76.62%
1972 39.08%
1971 36.61%
United Arab Emirates GDP Annual Growth Rate : Definition
GDP Annual Growth Rate measures the yearly percentage change in United Arab Emirates' total economic output.
Indicator Last Value Prior Value Period
GDP $537.08B $514.13B 2024
GDP Growth Rate (YoY) 5% 4.3% Dec'24
GDP per Capita $42,512.2 $42,507.79 2024
GDP per Capita PPP $68,584.65 $68,577.54 2024
R&D Expenditure (% GDP) 1.49% 1.49% 2021
Real GDP $462.4B $445.64B 2024