Economy of United Arab Emirates. Statistics, Data and Indicators
United Arab Emirates
| 90AA | Credit rank #18 |
| 163.54 | Quality of life #21 |
| 27 | Corruption rank#23 |
| 16 | Ease of doing business#11 |
United Arab Emirates Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 415 USD Billion | 2021 |
| GDP Annual Growth Rate | 8.5 % | 2022 |
| GDP per capita | 42536 USD | 2021 |
| Inflation Rate YoY | 4.58 % | Jan/23 |
| Interest Rate | 4.9 % | Mar/23 |
| Unemployment Rate | 3.9 % | 2021 |
| Balance of Trade | 290300 AED Million | 79.047 B USD | 2021 |
| Current Account | 176200 AED Million | 47.978 B USD | 2021 |
| Foreign Exchange Reserves | 425 AED Billion | 115.725 B USD | Sep/22 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 415 USD Billion | 2021 |
| GDP Annual Growth Rate | 8.5 % | 2022 |
| GDP per capita | 42536 USD | 2021 |
| GDP Constant Prices | 1499016 AED Million | 408.173 B USD | 2021 |
| GDP per capita PPP | 69734 USD | 2021 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 38.3 % | 2021 |
| Government Spending | 173764 AED Million | 47.315 USD Billion | 2020 |
| Government Budget to GDP | 0.8 % | 2021 |
| Military Expenditure | 24601 USD Million | 24.6 B USD | 2014 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 106 index points | Jun/22 |
| Food Inflation | 8.98 % | Jun/22 |
| Gasoline Prices | 0.81 USD/Liter | Feb/23 |
| Inflation Rate YoY | 4.58 % | Jan/23 |
| Inflation Rate Mom | 3.42 % | Jun/22 |
| CPI Housing Utilities | 99.78 Index Points | Jun/22 |
| CPI Transportation | 129 Index Points | Jun/22 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 11.7 % | 2021 |
| Weapons Sales | 12 USD Million | 2022 |
| Balance of Trade | 290300 AED Million | 79.047 USD Billion | 2021 |
| Current Account | 176200 AED Million | 47.978 USD Billion | 2021 |
| Exports | 1187400 AED Million | 323.322 USD Billion | 2021 |
| Foreign Exchange Reserves | 425 AED Billion | 115.725 USD Billion | Sep/22 |
| Imports | 897100 AED Million | 244.275 USD Billion | 2021 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 79.95 Tonnes | 4Q/22 |
| Interbank Rate | 5.02 % | Mar/23 |
| Interest Rate | 4.9 % | Mar/23 |
| Loans to Private Sector | 799117 AED Million | 217.595 USD Billion | Dec/22 |
| Money Supply M0 | 120011 AED Million | 32.678 USD Billion | Dec/22 |
| Money Supply M1 | 737459 AED Million | 200.806 USD Billion | Dec/22 |
| Money Supply M2 | 1703034 AED Million | 463.726 USD Billion | Dec/22 |
| Money Supply M3 | 2100138 AED Million | 571.855 USD Billion | Dec/22 |
| Central Bank Balance Sheet | 485 AED Billion | 132.063 B USD | Sep/22 |
| Foreign Direct Investment | 50600 AED Million | 13.778 B USD | 2019 |
| Private Sector Credit | 1186550 AED Million | 323.091 B USD | Dec/22 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 3.9 % | 2021 |
| Employment Change | 2 % | 1Q/20 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 0 % | 2022 |
| Personal Income Tax Rate | 0 % | 2022 |
| Sales Tax Rate | 5 % | 2022 |
| Social Security Rate | 17.5 % | 2022 |
| Social Security Rate For Companies | 12.5 % | 2022 |
| Social Security Rate For Employees | 5 % | 2022 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 3041 BBL/D/1K | Feb/23 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Corruption Index | 67 index points | 2022 |
| Corruption Rank | 27 place | 2022 |
| Ease of Doing Business | 16 place | 2019 |
| Manufacturing PMI | 54.3 index points | Feb/23 |
| 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 | 365983 AED Million | 99.655 USD Billion | 2Q/22 |
| Consumer Spending | 483057 AED Million | 131.534 B USD | 2020 |
