Source
Central bank

Central Bank of United Arab Emirates

International Reserves

US$ 68,203 billion (Source: World Bank; Data updated: 2013)

Gross Domestic Product - GDP

US$ 412 billion (2014 estimate)

GDP (Purchasing Power Parity)

288 billion of International dollars (2014 estimate)

Real GDP growth
2005 2006 2007 2008 2009 2010 2011
4.9% 9.8% 3.2% 3.2% -4.8% 1.7% 3.9%
2012 2013 2014*        
4.4% 4.8% 4.4%        

*Estimate

GDP per capita - current prices

US$ 44,330 (2014 estimate)

GDP per capita - PPP

$30,985 International Dollars (2014 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2014*
0.23% 0.19% 0.2% 0.32% 0.32%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 0.7% 
  • industry: 61.1% 
  • services: 38.2% (2013 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2010 2011 2012 2013 2014*
0.9% 0.9% 0.7% 1.1% 2.2%

*Estimate

Unemployment rate
2009 2010 2011 2012*
N/A N/A N/A(2009) N/A

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2010 2011 2012 2013 2014*
22.1% 17.5% 16.6% 12.3% 12.3%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2010 2011 2012 2013 2014*
4.6% 11.1% 13.2% 10.1% 11%

*Estimate  

Government bond ratings

Standard & Poor's: N/A

Moody's rating: Aa2

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Sept 22 2014)

Market value of publicly traded shares
2010 2011 2012
US$77.08 billion US$71.33 billion US$67.95 billion
Largest companies in The United Arab Emirates

Etisalat, National Bank of Abu Dhabi, First Gulf Bank, Emirates NBD, Abu Dhabi Commercial Bank, Emaar Properties, DP World, Dubai Islamic Bank, Mashreq Bank, Aldar Properties, TAQA, Union National Bank, Emirates Integrated Telecom, Abu Dhabi Islamic Bank (2014)

 
 
Source
Current account balance

US$ 55.039 billion (2014 estimate)

Current account balance by percentage of GDP

13.348% of GDP (2014 estimate)

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

95.2% (2012)

(Data released on Oct 2014)

Shares in world total merchandising export

1.9% (2012)

(Data were released in March 2014)

Shares in world total commercial services export

0.33% (2012)

(Data were released in 2014)

Total exports

US$368.9 billion (2013 estimate) 

Export commodities

crude oil 45%, natural gas, reexports, dried fish, dates

Total imports

US$249.6 billion (2013 estimate) 

 
 
Source
Import commodities

machinery and transport equipment, chemicals, food

Exports - major partners

Japan 15.4%, India 13.4%, Iran 10.7%, Thailand 5.5%, Singapore 5.5%, South Korea 5.3% (2012)

Imports - major partners

India 17%, China 13.7%, US 10.5%, Germany 5.1%, Japan 4.2% (2012)

FDI inflows
2011 2012 2013
US$ 7,679 million US$ 9,602 million US$ 10,488 million
FDI outflows
2011 2012 2013  
US$ 2,178 million US$ 2,536 million US$ 2,905 million  
Value of cross-border M&A;, by country of purchaser
2010 2011 2012 2013
US$ -1,732 million US$ 5,896 million US$ -207 million US$ 3,326 million
Cross-border M&A; deals worth over $3 billion completed in 2012 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

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

Cross-border M&A; deals worth over $3 billion completed in 2013(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

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

Best countries for doing business World Bank/IFC Doing Business Project

Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 23 out of 189 countries (2013)

Subcategories:

Starting a business: 37 out of 189 countries

Enforcing Contracts: 100 out of 189 countries

Registering Property: 4 out of 189 countries

Getting credit: 86 out of 189 countries

Protecting investors: 98 out of 189 countries

Trading across border: 4 out of 189 countries

Paying Taxes: 1 out of 189 countries

Dealing with Construction Permits: 5 out of 189 countries

Getting Electricity: 4 out of 189 countries

Resolving Insolvency: 101 out of 189 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

12

(2014-2015)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 28 Score: 71.4 (Mostly Free) (2014)

(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 with specified powers delegated to the UAE federal government and other powers reserved to member emirates

Languages

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

Religions

Muslim (Islam; 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%

Total population
1990 2000 2010 2014* 2019**
1.844 million 2.995 million 8.264 million 9.302 million 10.749 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
73.5% 81% 80% 85%
Population median age

30.3 years (2014 est.)

Population growth rate

2.71% (2014 est.)

Life expectancy

77.09 years  (2014 est.)

Adult literacy

90% (2005 estimate)

% of population living on less than $2 a day

N/A

Inequality of wealth distribution (Gini index)

N/A

Freedom House rating

Political Rights: 6
Civil Liberties: 6 (2014)

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

Total telephone subscribers as % of population

Fixed 22.3%   Mobile 171.9% (2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

88.00% (2013)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Abu Dhabi 68th (2014)

CO2 emissions(Metric tons of CO2 per capita)

19.9 (2010)

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2013

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