Source
Central bank

Central Bank of the United Arab Emirates

International Reserves

USD 93.7 billion (2015)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 407.6 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 698.5 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
9.8% 3.2% 3.2% -5.2% 1.6% 4.9% 7.1%
2013 2014 2015* 2016* 2017*    
4.7% 3.1% 4% 2.3% 2.5%    

*Estimate

GDP per capita - current prices

USD 40,197.9 (2017, estimate)

GDP per capita - PPP

Intl$ 68,895.1 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
0.59% 0.49% 0.53% 0.54% 0.6%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 0.7% 
  • industry: 44.6% 
  • services: 54.7%

(2016 estimate)

Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2013 2014 2015* 2016* 2017*
1.1% 2.3% 4.1% 3.6% 3.1%

*Estimate

Unemployment rate
2013 2014 2015 2016 2017
N/A N/A N/A N/A N/A

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2013 2014 2015* 2016* 2017*
15.8% 15.6% 18.1% 19% 18.8%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015* 2016* 2017*
10.4% 5% -2.1% -3.9% -1.9%

*Estimate  

Government bond ratings

Standard & Poor's: AA

Moody's: Aa2

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2013 2014 2015
USD 180.3 billion USD 201.6 billion USD 195.9 billion
Largest companies

Etisalat, Emirates NBD, First Gulf Bank, National Bank of Abu Dhabi, Abu Dhabi Commercial Bank, Emaar Properties, DP World, Dubai Islamic Bank, Mashreq Bank, Union National Bank, Abu Dhabi Islamic Bank, TAQA, Emirates Integrated Telecom, Aldar Properties, Damac Properties.

 
 
Source
Current account balance

USD 13.0 billion (2017 estimate)

Current account balance by percentage of GDP

3.2% (2017 estimate)

Exports as percent of GDP (Exports of goods and services)

97.4% (2015)

Shares in world total merchandising export

1.6% (2015)

Shares in world total commercial services export

0.6% (2015)

Total exports

USD 316.0 billion (2016 estimate)

Export commodities

Crude oil 45%, natural gas, reexports, dried fish, dates (2012 estimate)

Total imports

USD 246.9 billion (2016 estimate)

 
 
Source
Import commodities

Machinery and transport equipment, chemicals, food

Exports - major partners

Iran 14.5%, Japan 9.8%, India 9.2%, China 4.7%, Oman 4.3% (2015)

Imports - major partners

China 15.7%, India 12.8%, US 9.7%, Germany 6.8%, UK 4.4% (2015)

FDI inflows
2013 2014 2015
USD 9,491 million USD 10,823 million USD 10,976 million
FDI outflows
2013 2014 2015
USD 8,828 million USD 9,019 million USD 9,264 million
Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
USD -207.2 million USD 2102.2 million USD 7984.4 million USD 5183.1 million
Cross-border M&A deals worth over $3 billion completed in 2014

Emirates Telecommunications Corp, Itissalat Al Maghrib SA, Morocco, USD 5.7 billion

(for a monthly update on M&A; click here )

Cross-border M&A deals worth over $3 billion completed in 2015

Henley Holding Co, Exeter Property Group LLC-Industrial Portfolio, United States, USD 3.2 billion

(for a monthly update on M&A; click here )

Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 26 out of 190 countries (2017)

Subcategories:

Starting a business: 53 out of 190 countries

Enforcing Contracts: 25 out of 190 countries

Registering Property: 11 out of 190 countries

Getting Credit: 101 out of 190 countries

Protecting Minority Investors: 9 out of 190 countries

Trading Across Borders: 85 out of 190 countries

Paying Taxes: 1 out of 190 countries

Dealing with Construction Permits: 4 out of 190 countries

Getting Electricity: 4 out of 190 countries

Resolving Insolvency: 104 out of 190 countries

Global competitiveness ranking

16 out of 138 countries

(2016-2017)

Index of Economic Freedom

Ranking: 25 / Score: 72.55 (Mostly free) (2016)

(100=totally free 0=totally repressed)

 
 
Source
Time zone

UTC+4

Total area

83,600 sq km

Capital

Abu Dhabi

Currency

Emirati dirhams (AED) 

Government type

Federation of monarchies

Languages

Arabic (official), Persian, English, Hindi, Urdu

Religions

Muslim (official) 76%, Christian 9%, other (primarily Hindu and Buddhist, less than 5% of the population consists of Parsi, Baha'i, Druze, Sikh, Ahmadi, Ismaili, Dawoodi Bohra Muslim, and Jewish) 15%
(2005 est.)

Total population
1990 2000 2010 2016* 2021*
1.844 million 2.995 million 8.264 million 9.856 million 11.416 million

*Estimate  

 
 
Source
Urban population as % of total population
1960 1980 2000 2015
74% 81% 80% 86%
Population median age

30.3 years (2016 estimate)

Population growth rate

2.47% (2016 estimate)

Life expectancy

77.5 years (2016 estimate)

Literacy

Total population: 93.8%
Male: 93.1%
Female: 95.8% (2015 est.)

(age 15 and over can read and write)

% of population living on less than $3.10 a day

N/A

Inequality of wealth distribution (Gini index)

N/A

Freedom House rating

Political Rights: 6
Civil Liberties: 6 (2017)                         

(1 represents the most free, 7 the least free rating)

Source
Total telephone subscribers as % of population

Fixed 23.58%   Mobile 187.35% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

91.24% (2015)

Mercer Cost of living index

Dubai: 21st 
Abu Dhabi: 25th 

(2016)

CO2 emissions

18.7 (2013)

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