United Arab Emirates 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$514.13 billion
↑ 2.27% vs 2022GDP per Capita
$49,040.69
↓ 1.72% vs 2022GDP Growth (Annual %)
3.62%
↓ 3.89pp vs 2022Inflation Rate (CPI %)
1.63%
↓ 3.66pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $502.73 billion | $514.13 billion | +2.27% |
| GDP per Capita | $49,899.07 | $49,040.69 | -1.72% |
| GDP Growth (Annual %) | 7.51% | 3.62% | -3.89pp |
| Inflation (CPI %) | 5.29% | 1.63% | -3.66pp |
| Unemployment Rate (%) | 2.87% | 2.15% | -0.72pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $514.13 billion
- GDP per Capita
- $49,040.69
- GDP Growth (Annual %)
- 3.62%
- Gross National Income
- $517.97 billion
Prices & Employment
- Inflation (CPI %)
- 1.63%
- Inflation (GDP Deflator %)
- -1.30%
- Unemployment Rate (%)
- 2.15%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, United Arab Emirates's Gross Domestic Product (GDP) is $514.13 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in United Arab Emirates for 2023 is $49,040.69. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in United Arab Emirates for 2023 is 1.63%. This measures the annual percentage change in the cost of consumer goods and services.
United Arab Emirates's annual GDP growth rate for 2023 is 3.62%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in United Arab Emirates for 2023 is 2.15%. This represents the percentage of the labor force that is unemployed and actively seeking employment.