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United Arab Emirates — GDP growth
GDP Growth (Annual %) for United Arab Emirates, 1971–2024.
Latest value · 2024
3.99%
GDP Growth (Annual %) · annual % · -89.1% since 1971
GDP growth for United Arab Emirates was 3.99% in 2024, according to the latest World Bank data. The series covers 54 years, from 1971 to 2024. The highest recorded value was 76.62% in 1973. The lowest was -14.96% in 1986 (about -3.7× the latest value). Across that span the compound annual growth rate works out to -4.10% per year.
United Arab Emirates ranks 79 of 212 economies on this measure (1 = highest), putting it in the top 37%. The median for Middle East, North Africa, Afghanistan & Pakistan is 2.93%, so United Arab Emirates sits above it. It peaked in 1973 and has fallen 95% since. Over the last decade (2014–2024) the figure moved down 14%.
Key figures
Latest (2024)
3.99%
First (1971)
36.61%
Change
-89.1%
Highest
76.62%
in 1973
Lowest
-14.96%
in 1986
Average
7.37%
Annual growth (CAGR)
-4.10%
Years of data
54
Recent years
| Year | annual % |
|---|---|
| 2024 | 3.99% |
| 2023 | 4.3% |
| 2022 | 7.51% |
| 2021 | 4.55% |
| 2020 | -8.69% |
| 2019 | 1.27% |
| 2018 | 1.54% |
| 2017 | -1.06% |
| 2016 | 5.66% |
| 2015 | 7.09% |
| 2014 | 4.63% |
| 2013 | 4.92% |
Reading this correctly. Annual percentage growth rate of GDP at constant market prices. A negative value means the economy contracted that year. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
NY.GDP.MKTP.KD.ZG — GDP Growth (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.