United Arab Emirates: Industry, including construction, value added (current LCU)

Key figures

What the numbers say

In 2024, United Arab Emirates' industry, including construction, value added (current LCU) rose 3.2% on 2023 (from 871.39 billion to 899.18 billion).

Across the 30 yearly changes before that (1994 to 2023), the average change was +8.9% and a typical year strayed about 18.5% from that (the standard deviation). This year's change was 0.3 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 41.7% in 2000 and the biggest yearly fall was 28.8% in 1986. 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 37.88 billion a year. A straight line explains 63% 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 4th highest value of the 31 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

• Japan — 1st of 31: 169.83 trillion
• Lebanon — 2nd of 31: 61.23 trillion
• Peru — 4th of 31: 375.85 billion
• Israel — 5th of 31: 345.59 billion
• Cuba — 6th of 31: 258.69 billion

What this measures

Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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 50 values

Industry, including construction, value added (current LCU) in nearby economies

• Afghanistan — 183.24 billion (2024)
• Algeria — 13.15 trillion (2025)
• Bahrain — 7.59 billion (2025)
• Djibouti — 136.28 billion (2025)
• Egypt, Arab Rep. — 5.81 trillion (2025)
• Iran, Islamic Rep. — 106,764 trillion (2025)
• Iraq — 150.1 trillion (2025)
• Israel — 345.59 billion (2024)
• Jordan — 11.97 billion (2025)

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

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Questions people ask

What is United Arab Emirates's industry, including construction, value added (current LCU)?

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

How has it changed since 1975?

It is up 1,984% from 43.15 billion in 1975 (6.39% a year on average, compounded). The highest value was 926.54 billion in 2022 and the lowest 43.15 billion in 1975.

How does United Arab Emirates rank?

4th highest of 31 economies with data for 2024.

Is the latest change in industry, including construction, value added (current LCU) unusual for United Arab Emirates?

Source

World Bank, World Development Indicators, indicator NV.IND.TOTL.CN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; Staff estimates, World Bank (WB) 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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