The gross domestic product (GDP) in current prices in the United Arab Emirates was forecast to continuously increase between 2024 and 2029 by in total 157.4 billion U.S. dollars (+29.82 percent). After the sixth consecutive increasing year, the GDP is estimated to reach 685.15 billion U.S. dollars and therefore a new peak in 2029. This indicator describes the gross domestic product at current prices, consistent with the definition given by the International Monetary Fund. This means that the values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.
Find more key insights for the gross domestic product (GDP) in current prices in countries like Kuwait, Qatar and Bahrain.
United Arab Emirates: Gross domestic product (GDP) from 1989 to 2029
(in billion U.S. dollars)
Characteristic
GDP in billion U.S. dollars
2029*
685.15
2028*
645.34
2027*
609.47
2026*
577.75
2025*
550.24
2024*
527.8
2023*
504.17
2022
507.06
2021
415.18
2020
349.47
2019
417.99
2018
427.05
2017
390.52
2016
369.26
2015
370.28
2014
414.1
2013
400.22
2012
384.61
2011
360.83
2010
300.19
2009
253.55
2008
315.46
2007
257.88
2006
222.12
2005
180.62
2004
147.81
2003
124.35
2002
109.82
2001
103.31
2000
102.99
1999
84.42
1998
75.3
1997
77.17
1996
72.85
1995
63.43
1994
57.4
1993
52.14
1992
51.95
1991
49.3
1990
50.68
1989
39.33
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IMF. (April 22, 2024). United Arab Emirates: Gross domestic product (GDP) from 1989 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved October 14, 2024, from https://www.statista.com/statistics/297605/uae-gross-domestic-product/
IMF. "United Arab Emirates: Gross domestic product (GDP) from 1989 to 2029 (in billion U.S. dollars)." Chart. April 22, 2024. Statista. Accessed October 14, 2024. https://www.statista.com/statistics/297605/uae-gross-domestic-product/
IMF. (2024). United Arab Emirates: Gross domestic product (GDP) from 1989 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: October 14, 2024. https://www.statista.com/statistics/297605/uae-gross-domestic-product/
IMF. "United Arab Emirates: Gross Domestic Product (Gdp) from 1989 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/297605/uae-gross-domestic-product/
IMF, United Arab Emirates: Gross domestic product (GDP) from 1989 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/297605/uae-gross-domestic-product/ (last visited October 14, 2024)
United Arab Emirates: Gross domestic product (GDP) from 1989 to 2029 (in billion U.S. dollars) [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/297605/uae-gross-domestic-product/