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Economy of United Arab Emirates. Statistics, Data and Indicators

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United Arab Emirates
90AA Credit rank #18
163.54 Quality of life #21
21 Corruption rank#23
16 Ease of doing business#11
United Arab Emirates


United Arab Emirates Major Economic Indicators

Indicator Data Period
GDP Value 421 USD Billion 2019
GDP Annual Growth Rate 1.6 % 2019
GDP per capita 41420 USD 2019
Inflation Rate YoY -2.18 % Oct/20
Interest Rate 1.5 % Sep/20
Unemployment Rate 2.64 % 2019
Balance of Trade 274600 AED Million | 74.772 B USD 2019
Current Account 108900 AED Million | 29.653 B USD 2019
Foreign Exchange Reserves 353 AED Billion | 96.12 B USD May/20


GDP
vvp
421
USD Billion
#33 from 174 countries
GDP per capita
vvp
41420
USD
#23 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 421 USD Billion 2019
GDP Annual Growth Rate 1.6 % 2019
GDP per capita 41420 USD 2019
GDP Constant Prices 1486261 AED Million | 404.7 B USD 2019
GDP per capita PPP 67119 USD 2019


Budget Indicators

Indicator Data Period
Government Debt to GDP 18.6 % 2018
Government Spending 179324 AED Million | 48.829 USD Billion 2019
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) 106 index points Sep/20
Food Inflation 4.2 % Sep/20
Gasoline Prices 0.49 USD/Liter Nov/20
Inflation Rate YoY -2.18 % Oct/20
Inflation Rate Mom -0.5 % Sep/20
CPI Housing Utilities 100 Index Points Sep/20
CPI Transportation 102 Index Points Sep/20


Trade Indicators

Indicator Data Period
Current Account to GDP 7.4 % 2019
Weapons Sales 104 USD Million 2019
Balance of Trade 274600 AED Million | 74.772 USD Billion 2019
Current Account 108900 AED Million | 29.653 USD Billion 2019
Exports 1160200 AED Million | 315.916 USD Billion 2019
Foreign Exchange Reserves 353 AED Billion | 96.12 USD Billion May/20
Imports 885600 AED Million | 241.144 USD Billion 2019


Money Indicators

Indicator Data Period
Gold Reserves 38.89 Tonnes 3Q/20
Interbank Rate 0.48 % Dec/20
Interest Rate 1.5 % Sep/20
Loans to Private Sector 795072 AED Million | 216.493 USD Billion Sep/20
Money Supply M0 111316 AED Million | 30.311 USD Billion Sep/20
Money Supply M1 568007 AED Million | 154.665 USD Billion Sep/20
Money Supply M2 1468664 AED Million | 399.909 USD Billion Sep/20
Money Supply M3 1805628 AED Million | 491.662 USD Billion Sep/20
Central Bank Balance Sheet 443 AED Billion | 120.626 B USD May/20
Foreign Direct Investment 50600 AED Million | 13.778 B USD 2019
Private Sector Credit  1138449 AED Million | 309.993 B USD Sep/20


Labor Indicators

Indicator Data Period
Unemployment Rate 2.64 % 2019
Employment Change  2 % 1Q/20


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 2476 BBL/D/1K Sep/20


Business Indicators

Indicator Data Period
Corruption Index 71 index points 2019
Corruption Rank 21 place 2019
Ease of Doing Business 16 place 2019
Manufacturing PMI 49.5 index points Oct/20
Competitiveness Index 75.01 Index Points 2019
Competitiveness Rank 25 2019


Consumer Indicators

Indicator Data Period
Consumer Confidence 92 index points 2Q/20
Consumer Credit 330141 AED Million | 89.895 USD Billion 4Q/19
Consumer Spending 569166 AED Million | 154.981 B USD 2019


Gold Reserves
gold_reserve_icon
38.89
Tonnes
#72 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
96.12
USD Billion
#25 from 114 countries


Government Budget Value
balance_icon
N/A
N/A
#N/A from N/A countries
Inflation Rate
inflation_icon
-2.18
%
#169 from 174 countries


Interest Rate
discount_rate_icon
1.5
%
#112 from 159 countries
Bank Lending Rate
credit_rate_icon
N/A%
#N/A from N/A countries


Unemployment Rate
unemployment_icon
2.64
%
#147 from 171 countries
Wages
salary_icon
N/A
N/A
#N/A from N/A countries