United Arab Emirates GDP

The Gross Domestic Product (GDP) in the United Arab Emirates was worth 360 billion US dollars in 2011. The GDP value of the United Arab Emirates represents 0.58 percent of the world economy. GDP in the United Arab Emirates is reported by the The World Bank Group. From 1973 until 2011, the United Arab Emirates GDP averaged 94.4 USD Billion reaching an all time high of 360.0 USD Billion in December of 2011 and a record low of 2.9 USD Billion in December of 1973. 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. This page provides - United Arab Emirates GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-16

Actual Previous Highest Lowest Forecast Dates Unit Frequency
360.00 298.00 360.00 2.85 364.30 | 2012/12 1973 - 2011 USD Billion Yearly

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United Arab Emirates GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP per capita 24824.80 2011-12-31 25020.82 81947.24 24824.80 24715.00 2012-12-31 USD [+]
GDP per capita PPP 37392.46 2011-12-31 37687.72 123433.40 37392.46 37292.63 2012-12-31 USD [+]
GDP Growth Rate 4.40 2012-12-31 3.90 9.80 -4.80 5.98 2013-12-31 Percent [+]
GDP Annual Growth Rate 4.40 2012-12-31 3.90 9.80 -4.80 5.98 2013-12-31 Percent [+]
GDP Constant Prices 1025623.10 2012-06-29 982725.21 1025623.10 652734.04 1027067.66 2012-12-31 AED Million [+]
Gross Fixed Capital Formation 259944.86 2012-06-29 231103.94 259944.86 100944.50 262362.45 2012-12-31 AED Million [+]
GDP 360.00 2011-12-31 298.00 360.00 2.85 364.30 2012-12-31 USD Billion [+]
[+]


GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

United Arab Emirates Crude Oil Production at 2820.00 Thousands Barrels per Day  
Crude Oil Production in the United Arab Emirates remained unchanged at 2820 Thousands Barrels per Day in October of 2013 from 2820 Thousands Barrels per Day in September of 2013. Crude Oil Production in the United Arab Emirates is reported by the U.S. Energy Information Administration.
United Arab Emirates Changes in Inventories at 8601.96 AED Million  
Changes in Inventories in the United Arab Emirates decreased to 8601.96 AED Million in 2012 from 10009.94 AED Million in 2011. Changes in Inventories in the United Arab Emirates is reported by the National Bureau of Statistics, UAE.
United Arab Emirates Consumer Price Index (CPI) at 119.29 Index Points  
Consumer Price Index (CPI) in the United Arab Emirates increased to 119.29 Index Points in February of 2014 from 119.12 Index Points in January of 2014. Consumer Price Index (CPI) in the United Arab Emirates is reported by the National Bureau of Statistics, UAE.
United Arab Emirates Consumer Spending at 581469.30 AED Million  
Consumer Spending in the United Arab Emirates increased to 581469.30 AED Million in 2012 from 531461.26 AED Million in 2011. Consumer Spending in the United Arab Emirates is reported by the National Bureau of Statistics, UAE.
United Arab Emirates GDP Constant Prices at 1025623.10 AED Million  
GDP Constant Prices in the United Arab Emirates increased to 1025623.10 AED Million in 2012 from 982725.21 AED Million in 2011. GDP Constant Prices in the United Arab Emirates is reported by the National Bureau Of Statistics, UAE.
United Arab Emirates Government Spending at 83171.06 AED Million  
Government Spending in the United Arab Emirates increased to 83171.06 AED Million in 2012 from 80316.44 AED Million in 2011. Government Spending in the United Arab Emirates is reported by the National Bureau of Statistics, UAE.
United Arab Emirates Gross Fixed Capital Formation at 259944.86 AED Million  
Gross Fixed Capital Formation in the United Arab Emirates increased to 259944.86 AED Million in 2012 from 231103.94 AED Million in 2011. Gross Fixed Capital Formation in the United Arab Emirates is reported by the National Bureau Of Statistics, UAE.
United Arab Emirates Current Account at 244416.00 SYP Million  
The United Arab Emirates recorded a Current Account surplus of 244416 SYP Million in 2012. Current Account in the United Arab Emirates is reported by the Central Bank of the United Arab Emirates.
United Arab Emirates Manufacturing Pmi at 57.70  
Manufacturing PMI in the United Arab Emirates increased to 57.70 in March of 2014 from 57.30 in February of 2014. Manufacturing PMI in the United Arab Emirates is reported by HSBC.
United Arab Emirates Interest Rate at 1.00 Percent  
The benchmark interest rate in the United Arab Emirates was last recorded at 1 percent. Interest Rate in the United Arab Emirates is reported by the Central Bank of the United Arab Emirates.
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