United Arab Emirates is one of the most developed countries in the Arab Gulf and has high value of GDP per capita. The country still has a commodity-based economy, with shipments of oil and natural gas accounting for 40 percent of total exports and for 38 percent of GDP. Yet, in order to diversify the economy and reduce the dependence on oil revenues, UAE has been making huge investments in the tourism, financial and construction sectors. In 2012, manufacturing activity accounted for 42% of output growth, transport/communication for 23%, wholesale/retail trade for 16.5% and restaurants/hotels for 15.5% while construction and agriculture contracted. This page provides - United Arab Emirates GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Arab Emirates GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.