Middle East, North Africa, Afghanistan & Pakistan
United Arab Emirates GDP
Gross Domestic Product in current US dollars.
Latest Value
$552.32B
As of 2024
YoY Change
+5.7%
2023 → 2024
Record High
$552.32B
Recorded in 2024
Record Low
$685.99M
Recorded in 1970
10-Year Average
$440.75B
2015–2024
Data Range
1970–2024
55 data points
Source
World Bank
Code: NY.GDP.MKTP.CD
Historical Trend
Analysis
The United Arab Emirates' GDP of 552,325,000,000 current US$ in 2024 indicates a strong and growing economy. The country's GDP is largely driven by its oil and gas sector, but it has also been diversifying into other areas such as tourism and finance. This diversification has helped to reduce the country's dependence on oil exports and has contributed to its economic growth.
Historical Data
| Value | YoY Change | Change % | |
|---|---|---|---|
| 2024 | $552.32B | $29.70B | +5.7% |
| 2023 | $522.62B | $11.22B | +2.2% |
| 2022 | $511.40B | $88.96B | +21.1% |
| 2021 | $422.44B | $65.28B | +18.3% |
| 2020 | $357.16B | $76.76B | -17.7% |
| 2019 | $433.93B | $6.63B | -1.5% |
| 2018 | $440.56B | $37.20B | +9.2% |
| 2017 | $403.37B | $21.65B | +5.7% |
| 2016 | $381.72B | $255.96M | -0.1% |
| 2015 | $381.97B | $42.96B | -10.1% |
Source: World Bank Open Data · 1970–2024
Neighbouring Countries Ranking
Middle East, North Africa, Afghanistan & Pakistan · GDP
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