UAE GDP Growth Rate 1971-2024

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP 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.
  • UAE gdp growth rate for 2023 was 3.40%, a 4.45% decline from 2022.
  • UAE gdp growth rate for 2022 was 7.85%, a 3.5% increase from 2021.
  • UAE gdp growth rate for 2021 was 4.35%, a 9.31% increase from 2020.
  • UAE gdp growth rate for 2020 was -4.96%, a 6.07% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP Growth (%)
Macao 80.53%
Panama 7.32%
Malta 5.61%
Barbados 4.52%
Iceland 4.06%
Antigua and Barbuda 3.86%
St. Kitts and Nevis 3.43%
UAE 3.40%
Sint Maarten (Dutch part) 3.40%
Hong Kong 3.22%
Seychelles 3.16%
Croatia 3.06%
Australia 3.02%
Bahamas 2.64%
United States 2.54%
Spain 2.50%
Bahrain 2.48%
Cyprus 2.47%
Portugal 2.26%
Trinidad and Tobago 2.10%
Greece 2.01%
Israel 2.00%
Japan 1.92%
Denmark 1.89%
Slovak Republic 1.60%
Slovenia 1.59%
Andorra 1.44%
Brunei 1.41%
Belgium 1.37%
South Korea 1.36%
Oman 1.30%
Turks and Caicos Islands 1.20%
Singapore 1.08%
Canada 1.07%
Italy 0.92%
Switzerland 0.72%
France 0.70%
New Zealand 0.63%
Puerto Rico 0.56%
Norway 0.51%
Palau 0.45%
Uruguay 0.37%
Chile 0.22%
Poland 0.16%
Netherlands 0.12%
United Kingdom 0.10%
Sweden -0.20%
Latvia -0.28%
Germany -0.30%
Czech Republic -0.31%
Lithuania -0.34%
Saudi Arabia -0.75%
Austria -0.83%
Hungary -0.91%
Finland -1.04%
Luxembourg -1.10%
Argentina -1.55%
Kuwait -2.23%
Estonia -3.01%
Ireland -3.20%
UAE GDP Growth Rate - Historical Data
Year GDP Growth (%) Annual Change
2023 3.40% -4.45%
2022 7.85% 3.50%
2021 4.35% 9.31%
2020 -4.96% -6.07%
2019 1.11% -0.21%
2018 1.31% 0.58%
2017 0.74% -4.83%
2016 5.56% -1.23%
2015 6.79% 2.62%
2014 4.17% -0.89%
2013 5.06% 3.23%
2012 1.82% -4.39%
2011 6.22% 4.61%
2010 1.60% 6.85%
2009 -5.24% -8.43%
2008 3.19% 0.01%
2007 3.18% -6.65%
2006 9.84% 4.98%
2005 4.86% -4.71%
2004 9.57% 0.77%
2003 8.80% 6.37%
2002 2.43% 1.03%
2001 1.40% -9.45%
2000 10.85% 7.95%
1999 2.90% 2.61%
1998 0.29% -7.90%
1997 8.19% 2.39%
1996 5.80% -0.89%
1995 6.69% -0.21%
1994 6.90% 5.63%
1993 1.26% -2.08%
1992 3.34% 2.48%
1991 0.86% -17.47%
1990 18.33% 5.99%
1989 12.34% 14.96%
1988 -2.62% -6.00%
1987 3.38% 18.34%
1986 -14.96% -11.36%
1985 -3.59% -7.61%
1984 4.02% 8.76%
1983 -4.75% 1.97%
1982 -6.72% -11.38%
1981 4.66% -19.22%
1980 23.87% 2.95%
1979 20.92% 22.51%
1978 -1.59% -23.03%
1977 21.44% 4.91%
1976 16.53% 10.30%
1975 6.23% -8.27%
1974 14.50% -62.12%
1973 76.62% 37.54%
1972 39.08% 2.47%
1971 36.61% 2.47%