United Arab Emirates's GDP, linked series (current LCU) was 2.03 trillion in 2024, the latest year in the World Bank's World Development Indicators. That is up 29.98% from 1.56 trillion in 2014 (2.66% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 2.03 trillion | 2024 |
| Five years earlier | 1.59 trillion | 2019 |
| Ten years earlier | 1.56 trillion | 2014 |
| Highest | 2.03 trillion | 2024 |
| Lowest | 186.12 billion | 1990 |
| Average since 2015 | 1.62 trillion | 2015–2024 |
| First recorded | 186.12 billion |
What the numbers say
In 2024, United Arab Emirates' GDP, linked series (current LCU) rose 5.7% on 2023 (from 1.92 trillion to 2.03 trillion).
Across the 30 yearly changes before that (1994 to 2023), the average change was +8.4% and a typical year strayed about 11.6% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 23.6% in 2000 and the biggest yearly fall was 19.6% in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 65.18 billion a year. A straight line explains 65% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, United Arab Emirates had the 2nd highest value of the 13 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to United Arab Emirates in the 2024 ranking
- Lebanon — 1st of 13: 2,324.46 trillion
- Afghanistan — 3rd of 13: 1.26 trillion
- Cuba — 4th of 13: 1.08 trillion
- French Polynesia — 5th of 13: 697.55 billion
What this measures
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 35 values
| Year | GDP, linked series (current LCU) |
|---|---|
| 2024 | 2,028,413,265,380 |
| 2023 | 1,919,330,280,703 |
| 2022 | 1,878,129,003,548 |
| 2021 | 1,551,415,609,747 |
| 2020 | 1,311,676,623,356 |
| 2019 | 1,593,594,038,125 |
| 2018 | 1,617,956,611,610 |
| 2017 | 1,481,358,168,450 |
| 2016 | 1,401,856,448,660 |
| 2015 | 1,402,796,340,172 |
GDP, linked series (current LCU) in nearby economies
- Afghanistan — 1.26 trillion (2024)
- Algeria — 37.78 trillion (2025)
- Bahrain — 18.41 billion (2025)
- Djibouti — 821.88 billion (2025)
- Egypt, Arab Rep. — 18.14 trillion (2025)
- Iran, Islamic Rep. — 269,329 trillion (2025)
- Iraq — 330.68 trillion (2025)
- Israel — 2.11 trillion (2025)
- Jordan — 43.74 billion (2025)
- Kuwait — 48.18 billion (2025)
- Lebanon — 2,324.46 trillion (2024)
More economic policy & debt data for United Arab Emirates
- Foreign direct investment, net inflows (BoP, current US$) — US$48.24 billion (2025)
- Foreign direct investment, net inflows (% of GDP) — 8.26% (2024)
- GDP (current US$) — US$552.33 billion (2024)
- GDP (current LCU) — 2.03 trillion (2024)
- GDP (constant 2015 US$) — US$457.09 billion (2024)
- GDP (constant LCU) — 1.78 trillion (2024)
- GDP per capita (current US$) — US$50,274 (2024)
- GDP per capita (current LCU) — 184,629 (2024)
- GDP per capita (constant 2015 US$) — US$41,605 (2024)
- GDP per capita (constant LCU)
Reading data like this
Questions people ask
- What is United Arab Emirates's GDP, linked series (current LCU)?
- 2.03 trillion in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1990?
- It is up 989.81% from 186.12 billion in 1990 (7.28% a year on average, compounded). The highest value was 2.03 trillion in 2024 and the lowest 186.12 billion in 1990.
- How does United Arab Emirates rank?
- 2nd highest of 13 economies with data for 2024.
- Is the latest change in GDP, linked series (current LCU) unusual for United Arab Emirates?
- In 2024, United Arab Emirates' GDP, linked series (current LCU) rose 5.7% on 2023 (from 1.92 trillion to 2.03 trillion). Across the 30 yearly changes before that (1994 to 2023), the average change was +8.4% and a typical year strayed about 11.6% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NY.GDP.MKTP.CN.AD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD); World Economic Outlook database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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