United Arab Emirates: GDP, PPP (current international $)

Key figures

What the numbers say

In 2024, United Arab Emirates' GDP, PPP (current international $) rose 6.6% on 2023 (from 817.94 billion to 871.7 billion).

Across the 30 yearly changes before that (1994 to 2023), the average change was +5.2% and a typical year strayed about 6.8% from that (the standard deviation). This year's change was 0.2 standard deviations above 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 15.2% in 2022 and the biggest yearly fall was 16.7% in 2020. 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 22.68 billion a year. A straight line explains 61% 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 1st highest value of the 10 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

• Afghanistan — 2nd of 10: 95.37 billion
• Lebanon — 3rd of 10: 69.19 billion
• Bahamas, The — 4th of 10: 16.56 billion

What this measures

This indicator provides values for gross domestic product (GDP) expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. 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. The PPP conversion factor is a currency conversion factor and a spatial price deflator.

All 35 values

GDP, PPP (current international $) in nearby economies

• Afghanistan — 95.37 billion (2024)
• Algeria — 881.65 billion (2025)
• Bahrain — 113.62 billion (2025)
• Djibouti — 10.01 billion (2025)
• Egypt, Arab Rep. — 2.39 trillion (2025)
• Iran, Islamic Rep. — 1.82 trillion (2025)
• Iraq — 670.84 billion (2025)
• Israel — 604.5 billion (2025)
• Jordan — 145.53 billion (2025)
• Kuwait — 274.73 billion (2025)
• Lebanon

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

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is United Arab Emirates's GDP, PPP (current international $)?

871.7 billion in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1990?

It is up 419.16% from 167.91 billion in 1990 (4.96% a year on average, compounded). The highest value was 871.7 billion in 2024 and the lowest 167.91 billion in 1990.

How does United Arab Emirates rank?

1st highest of 10 economies with data for 2024.

Is the latest change in GDP, PPP (current international $) unusual for United Arab Emirates?

In 2024, United Arab Emirates' GDP, PPP (current international $) rose 6.6% on 2023 (from 817.94 billion to 871.7 billion). Across the 30 yearly changes before that (1994 to 2023), the average change was +5.2% and a typical year strayed about 6.8% from that (the standard deviation). This year's change was 0.2 standard deviations above 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.PP.CD, licensed CC BY 4.0. Original source: International Comparison Program (ICP), World Bank (WB), uri: https://www.worldbank.org/en/programs/icp/data, note: This information is for ICP’s PPPs utilized in WDI, publisher: International Comparison Program (ICP), date accessed: May 30, 2024, date published: May 30, 2024; The Eurostat PPP Progr… 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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