Overview
Discussions Key data points
Last release
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Observation period
2023
Next release
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Forecast
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Highest
507.06 B USD on Dec 31, 2022
Lowest
2.85 B USD on Dec 31, 1973
About United Arab Emirates GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
Related indicators
Frequently Asked Questions
One of the ways to count United Arab Emirates GDP is to add up its consumer spending, business investment, government spending, and net exports.
In 2023 United Arab Emirates GDP was 504.17 B USD, and the previous year it amounted to 507.06 B USD.
United Arab Emirates GDP accounts for 0.48% of the world GDP.
GDP per capita is gross domestic product divided by a country's population. In 2023 United Arab Emirates GDP per capita was 46.88 K USD, and in 2022 it amounted to 45.70 K USD.
In 2023 United Arab Emirates real GDP amounted to 1.68 T AED, the year before that it was 1.62 T AED.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
The highest figure United Arab Emirates GDP has ever reached is 507.06 B USD.
The lowest ever value United Arab Emirates GDP has reached is 2.85 B USD.