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United Arab Emirates: Gross capital formation

Millions of local currency · 1970–2024 · 55 observations · forecasts to 2031 · inv

2024
438 billionlocal currency
Change on 2023
+9.4%year on year
Average growth, 2014–2024
+0.4%a year
In US dollars, 2024
$119 billionUS dollars

Gross capital formation

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1B10B100B1T1970198019902000201020202030United Arab EmiratesUnited Arab Emirates
ForecastLocal currency

Compare with other countries →Definition of Gross capital formation

Recent values

Millions of local currency

YearValue
2031854,695Forecast
2030828,968Forecast
2029782,565Forecast
2028721,908Forecast
2027638,680Forecast
2026603,814Forecast
2025452,599Forecast
2024437,849
2023400,406
2022397,266
2021339,809
2020299,412
2019325,705
2018321,178
2017295,521
2016297,141
2015342,146

Sources

  • Penn World Table1970–2019
  • United Nations1970–2024
  • WDI (archive)1973–1994
  • Arab Monetary Fund1973–2021
  • IMF World Economic Outlook1980–2024
  • World Development Indicators2001–2023
  • IMF WEO (forecast)2024–2031

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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