United Arab Emirates: the economy in numbers
GDP is $552bn (2024), 30th of 211 in the world and 3rd of 22 in the Middle East & North Africa. GDP per capita is $50,274 (2024), 32nd of 211 in the world and 3rd of 22 in the Middle East & North Africa. GDP per capita, PPP is $79,344 (2024), 19th of 199 in the world and 2nd of 22 in the Middle East & North Africa.
Economy: United Arab Emirates in detail
Latest reported value, world rank and rank within Middle East, North Africa, Afghanistan & Pakistan; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GDPGDP, current US$ | $552bn2024 | 30/211 | 3/22 | $104bn | $308bn | $357bn | +30%since 2014 | $5.1tn | $76.9tn | $118tn | |
| GDP per capitaGDP per capita, current US$ | $50,2742024 | 32/211 | 3/22 | $29,866 | $44,795 | $37,992 | −4.6%since 2014 | $6,202 | $53,997 | $14,406 | |
| GDP per capita, PPPGDP per capita, PPP (current international $) | $79,3442024 | 19/199 | 2/22 | $92,899 | $85,120 | $66,791 | −9.3%since 2014 | $16,921 | $69,953 | $25,704 | |
| GNI per capitaGNI per capita, Atlas method, US$ | $51,5502024 | 28/201 | 3/22 | $28,170 | $42,380 | $41,310 | −3.4%since 2014 | $6,365 | $52,957 | $14,244 | |
| GDP growthGDP growth, annual % | 4.0%2024 | 79/210 | 7/22 | 10.9% | 1.6% | -8.7% | −0.6 ppsince 2014 | 2.7% | 1.9% | 2.9% | |
| GDP per capita growthGDP per capita growth, annual % | -0.8%2024 | 190/210 | 15/22 | 3.6% | -0.8% | -8.3% | −0.6 ppsince 2014 | 0.9% | 1.5% | 2.0% | |
| Agriculture shareAgriculture, forestry and fishing, % of GDP | 0.8%2024 | 176/198 | 18/22 | 2.3% | 0.7% | 1.0% | +0.1 ppsince 2014 | 6.8% | 1.3% | 4.0% | |
| Industry shareIndustry incl. construction, % of GDP | 44.3%2024 | 10/201 | 6/22 | 52.5% | 50.3% | 40.3% | −6.4 ppsince 2014 | 35.9% | 21.3% | 25.0% | |
| Manufacturing shareManufacturing, value added, % of GDP | 9.4%2024 | 109/194 | 13/20 | 13.0% | 8.1% | 9.0% | +1.5 ppsince 2014 | 12.9% | 12.0% | 14.9% | |
| Services shareServices, % of GDP | 54.9%2024 | 122/201 | 8/22 | 47.4% | 49.0% | 58.7% | +6.3 ppsince 2014 | 51.9% | 69.1% | 63.3% | |
| InvestmentGross capital formation, % of GDP | 26.6%2023 | 53/175 | 7/20 | 22.5%2001 | 28.9% | 22.8% | +5.5 ppsince 2013 | 27.0% | 22.6% | 26.3% | |
| SavingsGross savings, % of GDP | 33.3%2023 | 26/163 | 5/19 | · | · | · | — | 26.6% | 23.2% | 26.0% | |
| Resource rentsNatural resources rents, % of GDP | 17.6%2021 | 30/209 | 9/23 | 22.4% | 23.8% | 12.0% | −12.1 ppsince 2011 | 17.3% | 2.5% | 3.1% |
Better than ten years ago
- GDP+30%$552bn in 2024
Worse than ten years ago
- GDP per capita−4.6%$50,274 in 2024
- GDP per capita, PPP−9.3%$79,344 in 2024
- GNI per capita−3.4%$51,550 in 2024
- GDP growth−0.6 pp4.0% in 2024
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
United Arab Emirates and its neighbours
Countries sharing a land border with United Arab Emirates. Latest values since 2005; the highest in each row is marked.
| Indicator | United Arab Emirates | Iran | Saudi Arabia | Oman |
|---|---|---|---|---|
| GDP | $552bn2024 | $363bn2025 | $1.3tn2025 | $110bn2025 |
| GDP per capita | $50,2742024 | $3,9242025 | $34,5372025 | $19,9472025 |
| GDP per capita, PPP | $79,3442024 | $19,6992025 | $73,7842025 | $42,2952025 |
| GNI per capita | $51,5502024 | $4,6502025 | $36,0702025 | $19,5202024 |
| GDP growth | 4.0%2024 | -2.8%2025 | 4.5%2025 | 2.4%2025 |
| GDP per capita growth | -0.8%2024 | -3.7%2025 | -0.2%2025 | -1.6%2025 |
| Agriculture share | 0.8%2024 | 10.6%2025 | 2.6%2025 | 2.8%2025 |
| Industry share | 44.3%2024 | 39.6%2025 | 43.0%2025 | 52.7%2025 |
| Manufacturing share | 9.4%2024 | 20.6%2024 | 15.8%2025 | 9.4%2025 |