United Arab Emirates Real GDP Growth
The Gross Domestic Product (GDP) in United Arab Emirates expanded 1.9 % YoY in Mar 2020, following a negative growth of 3.8 % in the previous quarter. Real GDP Growth YoY data in United Arab Emirates is updated quarterly, available from Jun 2012 to Mar 2020, with an average rate of 1.4 %. The data reached an all-time high of 6.2 % in Mar 2014 and a record low of -6.5 % in Dec 2013. CEIC calculates quarterly Real GDP Growth from quarterly Real GDP. The Federal Competitiveness and Statistics Authority provides Real GDP in local currency, at 2010 prices.
In the latest reports, Nominal GDP of United Arab Emirates reached 98.8 USD bn in Mar 2020. Its GDP deflator (implicit price deflator) fell 5.0 % in Mar 2020. GDP Per Capita in United Arab Emirates reached 44,313.3 USD in Dec 2019. Its Gross Savings Rate was measured at 47.8 % in Dec 2019.
View United Arab Emirates's Real GDP Growth from Jun 2012 to Mar 2020 in the chart:
What was United Arab Emirates's Real GDP Growth in Mar 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 1.9 Mar 2020 | -3.8 Dec 2019 | -6.5 Dec 2013 | 6.2 Mar 2014 | % | quarterly | Jun 2012 - Mar 2020 |
Real GDP Growth by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -11.0 Jun 2020 | quarterly | Mar 2010 - Jun 2020 |
| Algeria (%) | -3.9 Mar 2020 | quarterly | Mar 2012 - Mar 2020 |
| Argentina (%) | -19.8 Jun 2020 | quarterly | Mar 2005 - Jun 2020 |
| Armenia (%) | -9.1 Sep 2020 | quarterly | Mar 2001 - Sep 2020 |
| Australia (%) | -6.3 Jun 2020 | quarterly | Sep 1960 - Jun 2020 |
| Austria (%) | -14.5 Jun 2020 | quarterly | Mar 1989 - Jun 2020 |
| Azerbaijan (%) | 0.2 Mar 2020 | quarterly | Mar 2001 - Mar 2020 |
| Bahrain (%) | -8.9 Jun 2020 | quarterly | Mar 2009 - Jun 2020 |
| Bangladesh (%) | 5.2 2020 | yearly | 2007 - 2020 |
| Belarus (%) | -3.3 Jun 2020 | quarterly | Mar 2006 - Jun 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | 5.5 2019 | yearly | 1991 - 2019 |
| Consolidated Fiscal Balance (USD mn) | 23,083.467 2019 | yearly | 1991 - 2019 |
| Tax Revenue (USD mn) | 4,217.595 2019 | yearly | 1992 - 2019 |
| Tax Revenue: % of GDP (%) | 8.1 Mar 2020 | quarterly | Mar 2012 - Mar 2020 |
| Forecast: Government Expenditure (AED bn) | 480.859 2025 | yearly | 1991 - 2025 |
| Forecast: Government Net Debt (AED bn) | 637.452 2025 | yearly | 1999 - 2025 |
| Forecast: Government Revenue (AED bn) | 444.440 2025 | yearly | 1990 - 2025 |
| Consolidated Government: Expenditures: Current (AED mn) | 330,220.113 2019 | yearly | 1991 - 2019 |
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