The Gross Domestic Product (GDP) in the United Arab Emirates expanded 0.80 percent in 2017 from the previous year. GDP Growth Rate in the United Arab Emirates averaged 4.51 percent from 2000 until 2017, reaching an all time high of 9.80 percent in 2006 and a record low of -5.20 percent in 2009.

GDP Growth Rate in the United Arab Emirates is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Arab Emirates GDP Growth Rate is projected to trend around 3.50 percent in 2020, according to our econometric models.

United Arab Emirates GDP Growth Rate
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


United Arab Emirates GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate 0.80 3.00 9.80 -5.20 percent [+]
GDP 382.58 357.05 403.14 2.85 USD Billion [+]
GDP Constant Prices 1422210.35 1391127.36 1422210.35 652734.04 AED Million [+]
Gross Fixed Capital Formation 317161.34 296297.26 340110.84 100944.50 AED Million [+]
GDP per capita 41197.17 41449.68 113682.04 35037.89 USD [+]
GDP per capita PPP 67293.48 67705.95 110432.47 57232.62 USD [+]


United Arab Emirates GDP Growth Rate

United Arab Emirates is one of the most developed countries in the Arab Gulf and has high value of GDP per capita. The country still has a commodity-based economy, with shipments of oil and natural gas accounting for 40 percent of total exports and for 38 percent of GDP. Yet, in order to diversify the economy and reduce the dependence on oil revenues, UAE has been making huge investments in the tourism, financial and construction sectors. In 2012, manufacturing activity accounted for 42% of output growth, transport/communication for 23%, wholesale/retail trade for 16.5% and restaurants/hotels for 15.5% while construction and agriculture contracted. This page provides - United Arab Emirates GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Arab Emirates GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.80 3.00 9.80 -5.20 2000 - 2017 percent Yearly
constant 2010 prices




Country Last Previous
United States 3.50 Sep/18
Indonesia 3.09 Sep/18
Singapore 3.00 Sep/18
South Africa 2.20 Sep/18
India 1.90 Jun/18
China 1.60 Sep/18
Russia 0.90 Jun/18
Brazil 0.80 Sep/18
Mexico 0.80 Sep/18
South Korea 0.60 Sep/18
Spain 0.60 Sep/18
United Kingdom 0.60 Sep/18
Canada 0.50 Sep/18
France 0.40 Sep/18
Australia 0.30 Sep/18
Euro Area 0.20 Sep/18
Netherlands 0.20 Sep/18
Saudi Arabia -0.05 Mar/18
Italy -0.10 Sep/18
Germany -0.20 Sep/18
Switzerland -0.20 Sep/18
Japan -0.60 Sep/18
Turkey -1.10 Sep/18
Argentina -4.00 Jun/18


Related

Latest