Gross Capital Formation (As % of GDP) rose to 23.3% in United Arab Emirates in 2019

Gross Capital Formation (As % of GDP) (%)
Economy | United Arab Emirates | January 1, 2020
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Gross capital formation as a share of GDP reached 23.3 % in 2019 in United Arab Emirates, according to the National Statistical Office. This is 3.54 % more than in the previous year.

Historically, gross capital formation as a share of GDP in United Arab Emirates reached an all time high of 23.3 % in 2019 and an all time low of 0.193 % in 2006. When compared to United Arab Emirates's main peers, gross capital formation as a share of GDP in Bahrain amounted to 23.7 %, 31.8 % in Oman and 26.5 % in Saudi Arabia in 2019.

United Arab Emirates has been ranked 80th within the group of 163 countries we follow in terms of gross capital formation as a share of GDP, 47 places behind the position seen 10 years ago.

Measures the value of acquisitions of new or existing fixed assets by the business sector, governments and "pure" households (excluding their unincorporated enterprises), less disposals of fixed assets.

Gross Capital Formation (As % of GDP) Unit 2015 2016 2017 2018 2019 2020 2021 2022 2023
Bahrain % 0.329% 24.0% 23.7% 23.9% 23.9%
Iran % 0.347% 39.1% 39.2% 38.7% 38.5%
Iraq % 0.179% ... ... ... ... ... ...
Jordan % 0.230% 19.4% 19.0% 18.5% 18.1%
Kuwait % 0.289% 22.2% 22.8% 23.9% 24.8%
Oman % 0.313% 31.5% 31.8% 32.0% 32.2%
Qatar % 0.446% ... ... ... ... ... ...
Saudi Arabia % 0.279% 26.6% 26.5% 26.9% 26.9%
United Arab Emirates % 0.248% 22.5% 23.3% 23.0% 22.7%
Yemen % 2.08% 5.87% 7.83% 8.92% 8.63%