Economy of United Arab Emirates. Statistics, Data and Indicators
United Arab Emirates
| 90AA | Credit rank #18 |
| 163.54 | Quality of life #21 |
| 24 | Corruption rank#23 |
| 16 | Ease of doing business#11 |
United Arab Emirates Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 421 USD Billion | 2019 |
| GDP Annual Growth Rate | 3.8 % | 2021 |
| GDP per capita | 4029 USD | 2020 |
| Inflation Rate YoY | 2.5 % | Dec/21 |
| Interest Rate | 3 % | Jun/22 |
| Unemployment Rate | 5 % | 2020 |
| Balance of Trade | 290300 AED Million | 79.032 B USD | 2021 |
| Current Account | 176200 AED Million | 47.969 B USD | 2021 |
| Foreign Exchange Reserves | 436 AED Billion | 118.698 B USD | Nov/21 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 421 USD Billion | 2019 |
| GDP Annual Growth Rate | 3.8 % | 2021 |
| GDP per capita | 4029 USD | 2020 |
| GDP Constant Prices | 1418875 AED Million | 386.278 B USD | 2020 |
| GDP per capita PPP | 67119 USD | 2019 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 36.9 % | 2020 |
| Government Spending | 173764 AED Million | 47.306 USD Billion | 2020 |
| Government Budget to GDP | -0.8 % | 2019 |
| Military Expenditure | 24601 USD Million | 24.6 B USD | 2014 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 109 index points | Dec/21 |
| Food Inflation | 3.71 % | Dec/21 |
| Gasoline Prices | 1.09 USD/Liter | Jun/22 |
| Inflation Rate YoY | 2.5 % | Dec/21 |
| Inflation Rate Mom | 0.02 % | Dec/22 |
| CPI Housing Utilities | 96.34 Index Points | Dec/21 |
| CPI Transportation | 121 Index Points | Dec/21 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 5.9 % | 2020 |
| Weapons Sales | 191 USD Million | 2020 |
| Balance of Trade | 290300 AED Million | 79.032 USD Billion | 2021 |
| Current Account | 176200 AED Million | 47.969 USD Billion | 2021 |
| Exports | 1187400 AED Million | 323.26 USD Billion | 2021 |
| Foreign Exchange Reserves | 436 AED Billion | 118.698 USD Billion | Nov/21 |
| Imports | 774100 AED Million | 210.743 USD Billion | 2020 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 55.43 Tonnes | 1Q/22 |
| Interbank Rate | 1.88 % | Jul/22 |
| Interest Rate | 3 % | Jun/22 |
| Loans to Private Sector | 769916 AED Million | 209.604 USD Billion | Feb/22 |
| Money Supply M0 | 113631 AED Million | 30.935 USD Billion | Feb/22 |
| Money Supply M1 | 712116 AED Million | 193.868 USD Billion | Feb/22 |
| Money Supply M2 | 1570345 AED Million | 427.514 USD Billion | Feb/22 |
| Money Supply M3 | 1867816 AED Million | 508.498 USD Billion | Feb/22 |
| Central Bank Balance Sheet | 498 AED Billion | 135.577 B USD | Nov/21 |
| Foreign Direct Investment | 50600 AED Million | 13.775 B USD | 2019 |
| Private Sector Credit | 1140334 AED Million | 310.447 B USD | Feb/22 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 5 % | 2020 |
| Employment Change | 2 % | 1Q/20 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 0 % | 2021 |
| Personal Income Tax Rate | 0 % | 2021 |
| Sales Tax Rate | 5 % | 2021 |
| Social Security Rate | 17.5 % | 2021 |
| Social Security Rate For Companies | 12.5 % | 2021 |
| Social Security Rate For Employees | 5 % | 2021 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 3032 BBL/D/1K | May/22 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Corruption Index | 69 index points | 2021 |
| Corruption Rank | 24 place | 2021 |
| Ease of Doing Business | 16 place | 2019 |
| Manufacturing PMI | 55.6 index points | May/22 |
| Competitiveness Index | 75.01 Index Points | 2019 |
| Competitiveness Rank | 25 | 2019 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | 135 index points | 4Q/21 |
| Consumer Credit | 344465 AED Million | 93.778 USD Billion | 3Q/21 |
| Consumer Spending | 483057 AED Million | 131.508 B USD | 2020 |
