Macro‑Economic Monitor

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United Arab Emirates economy

United Arab Emirates’ economy grew 4.0% in 2024, faster than the world as a whole (2.9%). Consumer prices rose 1.2% in 2025, and 2.2% of the labour force was out of work.

IndicatorLatestYear
Real GDP growth4.0%2024
Inflation (consumer prices)1.2%2025
Unemployment2.2%2025
GDP (US dollars)$552 bn2024
GDP per person (US dollars)$50,2742024
GDP per person (PPP, international dollars)$79,2292024
Current account balance, % of GDP14.5%2024
Budget balance, % of GDP0.4%2024
Extreme poverty, % of people below $3.00 a day0.0%2018
Population11.5 m2025
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Source: World Bank, World Development Indicators (CC BY 4.0). Data release 2026-10-22. Figures are revised by their publishers.