United Arab Emirates GDP by year, 1960 to 2024
The UAE's GDP reached $552.3 billion in 2024, a record, up from $307.7 billion in 2010 and $104.3 billion in 2000.
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What the data shows
- United Arab Emirates: $1B in 1970, $552B in 2024.
- Sweden: $16B in 1960, $605B in 2024 (38× higher). It peaked at $632B in 2021.
- Singapore: $1B in 1960, $573B in 2024.
- Israel: $3B in 1960, $542B in 2024. Its low point was $3B in 1962.
About this chart
The United Arab Emirates' GDP hit a record $552.3 billion in 2024, putting it 27th in the world, up from 37th in 2000. The climb was uneven. GDP rose from $4.2 billion in 1973 to $43.6 billion in 1980 in the oil boom of the 1970s, then stalled for two decades at roughly $34 to $104 billion. It reached $315.5 billion in 2008, dropped to $253.5 billion in 2009, slipped from $424.9 billion in 2014 to $381.7 billion in 2016, and fell again to $357.2 billion in 2020.
The numbers are World Bank GDP in current US dollars, so they are not adjusted for inflation or exchange-rate changes. For scale, the chart compares the UAE with Sweden ($604.8 billion in 2024), Singapore ($572.9 billion) and Israel ($542.3 billion). The UAE is ahead of Israel but behind Sweden and Singapore. The series starts in 1970 at $0.7 billion.
The data
Source: World Bank, World Development Indicators (NY.GDP.MKTP.CD), GDP in current US$, billions. Retrieved November 4, 2026.
| Date | 🇦🇪 United Arab Emirates | 🇸🇪 Sweden | 🇸🇬 Singapore | 🇮🇱 Israel |
|---|---|---|---|---|
| 1960 | $16B | $1B | $3B | |
| 1961 | $17B | $1B | $4B | |
| 1962 | $19B | $1B | $3B | |
| 1963 | $20B | $1B | $4B | |
| 1964 | $23B | $1B | $4B | |
| 1965 | $25B | $1B | $4B | |
| 1966 | $27B | $1B | $5B | |
| 1967 | $30B | $1B | $5B | |
| 1968 | $31B | $1B | $6B | |
| 1969 | $34B | $2B | $6B | |
| 1970 | $1B | $38B | $2B | $7B |
| 1971 | $1B | $42B | $2B | $7B |
| 1972 | $1B | $49B | $3B | $9B |
| 1973 | $4B | $59B | $4B | $12B |
| 1974 | $12B | $66B | $5B | $17B |
| 1975 | $15B | $83B | $6B | $16B |
| 1976 | $19B | $89B | $6B | $16B |
| 1977 | $25B | $94B | $7B | $18B |
| 1978 | $24B | $104B | $8B | $18B |
| 1979 | $31B | $123B | $9B | $23B |
| 1980 | $44B | $142B | $12B | $25B |
| 1981 | $49B | $130B | $14B | $27B |
| 1982 | $47B | $114B | $16B | $29B |
| 1983 | $43B | $105B | $18B | $33B |
| 1984 | $42B | $109B | $20B | $31B |
| 1985 | $41B | $114B | $19B | $29B |
| 1986 | $34B | $150B | $19B | $36B |
| 1987 | $36B | $183B | $21B | $43B |
| 1988 | $36B | $207B | $25B | $53B |
| 1989 | $42B | $218B | $31B | $52B |
| 1990 | $51B | $262B | $36B | $62B |
| 1991 | $52B | $274B | $46B | $71B |
| 1992 | $54B | $284B | $52B | $79B |
| 1993 | $56B | $213B | $61B | $80B |
| 1994 | $59B | $229B | $74B | $91B |
| 1995 | $66B | $267B | $88B | $105B |
| 1996 | $74B | $292B | $96B | $115B |
| 1997 | $79B | $268B | $100B | $119B |
| 1998 | $76B | $271B | $86B | $121B |
| 1999 | $84B | $274B | $86B | $121B |
| 2000 | $104B | $263B | $96B | $136B |
| 2001 | $103B | $243B | $90B | $135B |
| 2002 | $110B | $267B | $93B | $125B |
| 2003 | $124B | $334B | $98B | $131B |
| 2004 | $148B | $385B | $115B | $140B |
| 2005 | $181B | $392B | $128B | $147B |
| 2006 | $222B | $423B | $149B | $159B |
| 2007 | $258B | $490B | $181B | $184B |
| 2008 | $316B | $515B | $194B | $221B |
| 2009 | $254B | $434B | $194B | $213B |
| 2010 | $308B | $493B | $240B | $239B |
| 2011 | $369B | $571B | $279B | $268B |
| 2012 | $393B | $550B | $295B | $263B |
| 2013 | $410B | $584B | $308B | $298B |
| 2014 | $425B | $578B | $315B | $314B |
| 2015 | $382B | $502B | $308B | $303B |
| 2016 | $382B | $513B | $321B | $321B |
| 2017 | $403B | $535B | $345B | $357B |
| 2018 | $441B | $550B | $378B | $376B |
| 2019 | $434B | $531B | $377B | $399B |
| 2020 | $357B | $544B | $351B | $411B |
| 2021 | $422B | $632B | $441B | $490B |
| 2022 | $511B | $575B | $514B | $525B |
| 2023 | $523B | $579B | $511B | $513B |
| 2024 | $552B | $605B | $573B | $542B |
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Frequently asked questions
What is the GDP of the UAE?
The United Arab Emirates' GDP was $552.3 billion in 2024 in current US dollars, according to the World Bank. That is the highest value in the series and ranks 27th in the world.
How has the UAE's GDP changed over time?
It rose from $43.6 billion in 1980 to $104.3 billion in 2000, $307.7 billion in 2010 and $552.3 billion in 2024. There were dips in 2009, 2015 to 2016 and 2020.
How does the UAE's GDP compare with Singapore and Israel?
In 2024 the UAE's $552.3 billion was above Israel's $542.3 billion and below Singapore's $572.9 billion and Sweden's $604.8 billion, all in current US dollars.
Where does this data come from?
World Bank, World Development Indicators (NY.GDP.MKTP.CD), GDP in current US$, billions. Retrieved November 4, 2026. You can download the full table as a CSV from this page.
Can I turn this chart into a video?
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