Economy of United Arab Emirates. Statistics, Data and Indicators
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 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 | -2.14 % | Jul/20 |
| Interest Rate | 1.5 % | Aug/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
421
USD Billion
#33 from 174 countries
GDP per capita
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) | 107 index points | Jul/20 |
| Food Inflation | 4.7 % | Jul/20 |
| Gasoline Prices | 0.49 USD/Liter | Aug/20 |
| Inflation Rate YoY | -2.14 % | Jul/20 |
| Inflation Rate Mom | -0.57 % | Jul/20 |
| CPI Housing Utilities | 101 Index Points | Jul/20 |
| CPI Transportation | 103 Index Points | Jul/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 | 31.5 Tonnes | 2Q/20 |
| Interbank Rate | 0.44 % | Sep/20 |
| Interest Rate | 1.5 % | Aug/20 |
| Loans to Private Sector | 814671 AED Million | 221.83 USD Billion | Jun/20 |
| Money Supply M0 | 106141 AED Million | 28.902 USD Billion | Jun/20 |
| Money Supply M1 | 557414 AED Million | 151.781 USD Billion | Jun/20 |
| Money Supply M2 | 1458008 AED Million | 397.007 USD Billion | Jun/20 |
| Money Supply M3 | 1752345 AED Million | 477.153 USD Billion | Jun/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 | 1156346 AED Million | 314.866 B USD | Jun/20 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 2.64 % | 2019 |
| Employment Change | 2 % | 1Q/20 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 0 % | 2020 |
| Personal Income Tax Rate | 0 % | 2019 |
| Sales Tax Rate | 5 % | 2020 |
| Social Security Rate | 17.5 % | 2019 |
| Social Security Rate For Companies | 12.5 % | 2019 |
| Social Security Rate For Employees | 5 % | 2019 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 2693 BBL/D/1K | Aug/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 | 49.4 index points | Aug/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
31.5
Tonnes
#72 from 114 countries
Foreign Exchange Reserves
96.12
USD Billion
#25 from
114 countries
Government Budget Value
N/A
N/A
#N/A from N/A countries
Inflation Rate
-2.14
%
#169 from
174 countries
Interest Rate
1.5
%
#112 from
159 countries
Bank Lending Rate
N/A%
#N/A from
N/A countries
Unemployment Rate
2.64
%
#147 from
171 countries
Wages
N/A
N/A
#N/A from
N/A countries
