UAE Economic Growth

UAE economic growth for 2024 was 552.32 billion US dollars, a 5.68% increase from 2023.
  • UAE economic growth for 2023 was 522.62 billion US dollars, a 2.19% increase from 2022.
  • UAE economic growth for 2022 was 511.40 billion US dollars, a 21.06% increase from 2021.
  • UAE economic growth for 2021 was 422.44 billion US dollars, a 18.28% increase from 2020.
GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. The full historical dataset is available for download here: UAE Economic Growth | Historical Data | 1970 - 2024.