Overview
Discussions Key data points
Last release
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Observation period
Q1 2024
Next release
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Forecast
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Highest
12.80 % on Dec 31, 2015
Lowest
−9.10 % on Dec 31, 2020
About United Arab Emirates GDP YoY
The biggest sector of United Arab Emirates’ economy is services, which accounts for 40 percent of GDP. Within services the most important segments are: wholesale and retail trade and repairs (12 percent of GDP); real estate and business services (9 percent) and transport, communication and warehousing (8 percent). Oil and natural gas exploitation create 38 percent of the wealth. Construction and electricity, water and gas distribution contribute for 13 percent of the output and manufacturing for 8 percent. Agriculture, cattle ranching and fishing account for the remaining 1 percent of GDP.