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Economy Snapshot

United Arab Emirates Economy and Trade

Abu DhabiLocal time

GDP $552.32B · real growth 4.0% · latest verified annual data

United Arab Emirates records $552.32B of nominal GDP in the 2024 observation used here, while real GDP growth is 4.0% in 2024. Alongside output, the profile shows GDP per capita of $50,274 (2024) and CPI inflation of 1.3% (2025). Each measure keeps its own reference period below, avoiding a false same-year comparison between series released on different schedules.

Nominal GDP
$552.32B
current US$ · 2024
World Bank
GDP per capita
$50,274
current US$ · 2024
Source listed below
Real GDP growth
4.0%
annual % · 2024
Source listed below
Inflation
1.3%
CPI annual % · 2025
Source listed below

United Arab Emirates at a Glance

Each measure keeps its actual reference year and definition.

Output trend

Nominal GDP · annual observations · current US$ · World Bank
201520172019202120232024$381.97B$552.32B
2015: $381.97B2016: $381.72B2017: $403.37B2018: $440.56B2019: $433.93B2020: $357.16B2021: $422.44B2022: $511.40B2023: $522.62B2024: $552.32B
GDP per capita$50,274
Real growth4.0%
GDP year2024
2025 Inflation
1.3%
CPI annual %
2025 Unemployment
2.2%
labor-market measure
2024 GDP per capita
$50,274
current US$

Macro signals

Available measures are shown with their reported reference periods.

Macro signals

World Bank annual observations
MACRO
Real growth20244.0%
Unemployment20252.2%
Inflation20251.3%
Understand the numbers

What United Arab Emirates' economic profile is telling you

The United Arab Emirates keeps its latest completed World Bank GDP and real-growth observations at 2024, when nominal GDP was about $552.32 billion and growth 4.0 percent. Inflation and modeled unemployment are newer 2025 observations and are labeled separately.

Reading the macro data

Nominal GDP measures current-dollar size. Real growth, inflation and unemployment describe different economic conditions and can have different reference years.

Reading the trade data

Merchandise trade covers goods. A balance appears only when exports and imports have a verified matching year and currency basis.

Detailed Economic Data

IndicatorUnited Arab EmiratesReference periodStatus
GDPcurrent US$$552.32B2024Actual
GDP per capitacurrent US$$50,2742024Actual
Real GDP growthannual %4.0%2024Actual
InflationCPI annual %1.3%2025Actual
Unemploymentmodeled ILO estimate2.2%2025Estimate
Merchandise balancematched year requiredNot calculatedUnavailableUnavailable

Frequently Asked Questions

What is United Arab Emirates' latest GDP?

The verified GDP observation used here is $552.32B for 2024.

What does merchandise trade show for the United Arab Emirates?

A matched merchandise export and import pair was not independently resolved on this page, so no goods balance is calculated.

Sources & methodology

Sources for the economic indicators and definitions shown above.

View sources used for this page
WTO Tariff and Trade Data

Matched-year merchandise trade where independently resolved.