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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 425 USD Billion 2019
GDP Annual Growth Rate 1.6 % 2019
GDP per capita 40782 USD 2018
Inflation Rate YoY -1.3 % Jan/20
Interest Rate 1.5 % Mar/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 395 AED Billion | 107.556 B USD Dec/19


GDP
vvp
425
USD Billion
#33 from 174 countries
GDP per capita
vvp
40782
USD
#23 from 169 countries


GDP Indicators

Indicator Data Period
GDP Value 425 USD Billion 2019
GDP Annual Growth Rate 1.6 % 2019
GDP per capita 40782 USD 2018
GDP Constant Prices 1442463 AED Million | 392.774 B USD 2018
GDP per capita PPP 66616 USD 2018


Budget Indicators

Indicator Data Period
Government Debt to GDP 18.6 % 2018
Government Spending 176195 AED Million | 47.977 USD Billion 2018
Government Budget to GDP -1.8 % 2018
Military Expenditure 24601 USD Million | 24.6 B USD 2014


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 108 index points Jan/20
Food Inflation -1.7 % Jan/20
Gasoline Prices 0.56 USD/Liter Mar/20
Inflation Rate YoY -1.3 % Jan/20
Inflation Rate Mom -0.1 % Jan/20
CPI Housing Utilities 102 Index Points Jan/20
CPI Transportation 110 Index Points Jan/20


Trade Indicators

Indicator Data Period
Current Account to GDP 9.1 % 2018
Weapons Sales 113 USD Million 2018
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 395 AED Billion | 107.556 USD Billion Dec/19
Imports 864400 AED Million | 235.371 USD Billion 2018


Money Indicators

Indicator Data Period
Gold Reserves 12.41 Tonnes 4Q/19
Interbank Rate 1.81 % Apr/20
Interest Rate 1.5 % Mar/20
Loans to Private Sector 807306 AED Million | 219.825 USD Billion Feb/20
Money Supply M0 96000 AED Million | 26.14 USD Billion Feb/20
Money Supply M1 529400 AED Million | 144.152 USD Billion Feb/20
Money Supply M2 1426300 AED Million | 388.373 USD Billion Feb/20
Money Supply M3 1693700 AED Million | 461.184 USD Billion Feb/20
Central Bank Balance Sheet 446 AED Billion | 121.443 B USD Dec/19
Foreign Direct Investment 38100 AED Million | 10.374 B USD 2018
Private Sector Credit  1154725 AED Million | 314.425 B USD Feb/20


Labor Indicators

Indicator Data Period
Unemployment Rate 2.64 % 2019
Employment Change  1 % 2Q/19


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 2990 BBL/D/1K Feb/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 45.2 index points Mar/20
Competitiveness Index 75.01 Index Points 2019
Competitiveness Rank 25 2019


Consumer Indicators

Indicator Data Period
Consumer Confidence 110 index points 4Q/19
Consumer Credit 330141 AED Million | 89.895 USD Billion 4Q/19
Consumer Spending 434016 AED Million | 118.18 B USD 2018


Gold Reserves
gold_reserve_icon
12.41
Tonnes
#72 from 114 countries
Foreign Exchange Reserves
gold_reserve_icon
107.556
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
-1.3
%
#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