Latest: United Arab Emirates 16:05 GDP (YoY) Forecast: 0 % Actual: -6.1%
Latest: South Africa 16:00 SARB Monetary Policy Review Forecast: 0
Latest: United Kingdom 12:30 Annual Budget Release Forecast: 0
Latest: Japan 01:30 BoJ Board Member Suzuki Speaks Forecast: 0
Latest: United States 13:00 Jackson Hole Symposium Forecast: 0

Economy of United Arab Emirates. Statistics, Data and Indicators

flag
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


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



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