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United Arab Emirates Real GDP

The United Arab Emirates' real GDP rose to $462.4 billion in 2024, up from $445.64 billion in 2023, according to World Bank. This represents an increase of 3.8% ($16.76 billion) from the previous year and accounts for 0.48% of the world's total real GDP. The United Arab Emirates has real GDP higher than the global median ($462.40 billion vs median $29.34 billion). Compared with the median in Asia, the United Arab Emirates is higher ($462.40 billion vs regional median $91.45 billion) and ranks 9th out of 47 countries in Asia.

The United Arab Emirates' GDP per capita was $42,512.2 in 2024, unchanged from 2023.

Yearly Historical Data (1970-2024)

(in Billion USD)
Year Real GDP (Billion USD)
2024 462.4
2023 445.64
2022 430.08
2021 400.04
2020 383.34
2019 403.34
2018 398.91
2017 393.74
2016 390.87
2015 370.28
2014 346.74
2013 332.88
2012 316.86
2011 311.18
2010 292.97
2009 288.35
2008 304.3
2007 294.89
2006 285.79
2005 260.19
2004 248.14
2003 226.48
2002 208.16
2001 203.21
2000 200.41
1999 180.79
1998 175.69
1997 175.18
1996 161.92
1995 153.04
1994 143.45
1993 134.2
1992 132.52
1991 128.23
1990 127.14
1989 107.45
1988 95.65
1987 98.22
1986 95.01
1985 111.72
1984 115.88
1983 111.41
1982 116.96
1981 125.38
1980 119.8
1979 96.71
1978 79.98
1977 81.27
1976 66.92
1975 57.43
1974 54.06
1973 47.22
1972 26.73
1971 19.22
1970 14.07
United Arab Emirates Real GDP : Definition
Real GDP is defined as the value of all goods and services produced in United Arab Emirates, measured in US dollars adjusted to 2015 prices. By fixing prices to a base year, it removes the effect of inflation, so this represents real GDP rather than nominal GDP.
Indicator Last Value Prior Value Period
GDP $537.08B $514.13B 2024
GDP Annual Growth Rate 3.76% 3.62% 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