The Gross Domestic Product (GDP) in the United Arab Emirates expanded 3.90 percent in the second quarter of 2024 over the same quarter of the previous year. GDP Annual Growth Rate in the United Arab Emirates averaged 3.22 percent from 2013 until 2024, reaching an all time high of 12.80 percent in the fourth quarter of 2015 and a record low of -9.10 percent in the fourth quarter of 2020. source: National Bureau of Statistics, UAE

GDP Annual Growth Rate in the United Arab Emirates is expected to be 4.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Arab Emirates GDP Annual Growth Rate is projected to trend around 5.20 percent in 2025 and 5.10 percent in 2026, according to our econometric models.




Related Last Previous Unit Reference
Full Year GDP Growth 3.60 7.50 percent Dec 2023
GDP Annual Growth Rate 3.90 3.40 percent Jun 2024
GDP Constant Prices 1676952.00 1618388.00 AED Million Dec 2023
GDP Growth Non Oil Sector 4.80 4.00 percent Jun 2024

United Arab Emirates GDP Annual Growth Rate
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.
Actual Previous Highest Lowest Dates Unit Frequency
3.90 3.40 12.80 -9.10 2013 - 2024 percent Quarterly
Constant 2010 prices