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United Arab Emirates — GDP

Also known as gross domestic product, nominal GDP, economy size, total output.

GDP (Nominal) for United Arab Emirates, 1970–2024.

Latest value · 2024
552.32 billion
GDP (Nominal) · current US$ · +80415.4% since 1970
Free for any use — attribution is the link itself.

GDP for United Arab Emirates was 552.32 billion in 2024, according to the latest World Bank data. The series covers 55 years, from 1970 to 2024. The latest year is also the highest value on record for this series. The lowest was 685.99 million in 1970 (about 805.2× the low point). Across that span the compound annual growth rate works out to 13.19% per year.

United Arab Emirates ranks 30 of 212 economies on this measure (1 = highest), putting it in the top 14%. The median for Middle East, North Africa, Afghanistan & Pakistan is 109.60 billion, so United Arab Emirates sits above it. Over the last decade (2014–2024) the figure moved up 30%. Within Middle East, North Africa, Afghanistan & Pakistan it ranks 3 of 23 economies; Pakistan (407.31 billion) is just below it. Its sharpest one-year move was up 199% in 1973. That is 26% above this series' own ten-year average.

Data highlights

From its 1970 level: doubled by 1972; grown tenfold by 1974. Doubling roughly every 5.6 years at that pace.

World ranking. Climbed: 86th of 146 in 1970 → 33rd of 163 in 1980 → 40th of 192 in 1990 → 37th of 204 in 2000 → 33rd of 212 in 2010 → 34th of 210 in 2020 → 27th of 200 in 2024.

Adjacent in the latest world ranking (30 of 212): Thailand (#29) · Norway (#31).

Key figures

Latest (2024)
552.32 billion
First (1970)
685.99 million
Change
+80415.4%
Highest
552.32 billion
in 2024
Lowest
685.99 million
in 1970
Average
169.56 billion
Annual growth (CAGR)
13.19%
Years of data
55

Recent published years. 2024 — 552,324,919,095.87 · 2023 — 522,622,268,401.13 · 2022 — 511,403,404,642.17 · 2021 — 422,441,282,436.24 · 2020 — 357,161,776,271.33.

Full history — 1970 to 2024

All 55 published years for this series, most recent first. Years the source does not publish are omitted rather than interpolated.

United Arab Emirates — GDP
Yearcurrent US$Change
2024552,324,919,095.87+5.7%
2023522,622,268,401.13+2.2%
2022511,403,404,642.17+21.1%
2021422,441,282,436.24+18.3%
2020357,161,776,271.33-17.7%
2019433,926,218,686.11-1.5%
2018440,560,003,161.24+9.2%
2017403,365,056,078.85+5.7%
2016381,717,208,620.96-0.1%
2015381,973,135,513.07-10.1%
2014424,935,834,104.19+3.7%
2013409,632,574,702.72+4.3%
2012392,793,559,050.78+6.5%
2011368,881,033,962.57+19.9%
2010307,736,348,527.33+21.4%
2009253,547,358,746.8-19.6%
2008315,474,615,741.22+22.3%
2007257,916,148,767.44+16.1%
2006222,116,532,963.03+23.0%
2005180,617,467,954.23+22.2%
2004147,824,249,957.98+18.9%
2003124,346,476,180.46+13.2%
2002109,816,091,078.6+6.3%
2001103,311,631,797.33-1.0%
2000104,337,463,730.17+23.6%
199984,445,399,334.72+11.6%
199875,674,384,204.77-4.0%
199778,838,886,862.16+7.2%
199673,571,217,376.73+11.9%
199565,743,604,965.76+10.9%
199459,305,111,227.5+6.6%
199355,625,269,485.19+2.6%
199254,239,188,745.5+5.2%
199151,552,058,250.38+1.7%
199050,701,374,187.33+22.3%
198941,464,966,301.79+14.3%
198836,275,613,876.86-0.3%
198736,384,802,310.39+7.2%
198633,943,568,480.95-16.4%
198540,603,631,079.41-2.9%
198441,807,931,452.83-2.3%
198342,803,373,389.67-8.2%
198246,622,715,280.8-5.5%
198149,333,471,894.99+13.2%
198043,599,134,193.1+39.6%
197931,225,557,021.87+31.3%
197823,775,718,541.32-4.4%
197724,871,660,291.79+29.5%
197619,213,212,475.08+30.5%
197514,720,729,969.12+26.3%
197411,651,505,689.42+175.4%
19734,231,243,615.86+199.0%
19721,415,086,929.3+50.6%
1971939,893,599.63+37.0%
1970685,986,701.32—
Reading this correctly. Gross domestic product at current market prices, converted to US dollars at official exchange rates. This is the number usually meant by 'GDP'. Figures are in current US$. 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.

Frequently asked questions

What was United Arab Emirates’s GDP in 1971?

939,893,599.63 (1971). The full year-by-year table above lists every published year, most recent first.

Are United Arab Emirates’s GDP figures nominal or inflation-adjusted?

They are exactly as the World Bank publishes them — current US$ — with no inflation restatement and no PPP conversion. Years the source does not report are omitted rather than interpolated.

Is United Arab Emirates’s GDP growing or shrinking?

Between 1970 and 2024 the series was growing overall: +80415.4% in total — about 13.2% a year compounded.

Where does this data come from?

World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.CD. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.

What are the most recent published figures?

The last five published years: 2024: 552,324,919,095.87; 2023: 522,622,268,401.13; 2022: 511,403,404,642.17; 2021: 422,441,282,436.24; 2020: 357,161,776,271.33. Earlier years are in the full-history table below.

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<iframe src="https://metrikatlas.com/embed/united-arab-emirates/gdp/" width="600" height="360" style="border:0" loading="lazy" title="United Arab Emirates — GDP"></iframe>Free to use with attribution — the link back is the attribution.
Source. World Bank Open Data, indicator NY.GDP.MKTP.CD — GDP (Nominal). 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.
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