Browse a full set of economic indicators

The United Arab Emirates

Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about The UAE economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of the country’s best banks and safest banks are also available.

A Trade And Investment Hub

A key trade and investment hub for the Middle East, North Africa, and South Asia, the UAE’s economy benefits from its political and economic stability, excellent infrastructure and sophisticated financial services. While it owes much of its prosperity to its vast reserves of oil and natural gas, which account for about 30% of the gross domestic product, the Gulf state is actively taking steps to lessen its reliance on hydrocarbon revenues by fostering development through clean and renewable energy technologies. It notwithstanding remains vulnerable to oil price fluctuations. Regional challenges to its trade hub status, a high dependence on foreign labor (with over 80% of the population being foreign) and the concentration of the workforce in the public sector are other areas of concern.

United Arab Emirates GDP & Economic Overview

Key Facts

Total Area 83,600 sq km
Type of Government Constitutional federation
Capital City Abu Dhabi
Total Population 10.09 million
Median Age 33.5
Total GDP USD 890,171 millions
Adult Per Capita Income (PPP) USD 98,990.04

Trade & Finance

International Trade

Total Exports USD 300,098 million
Major Exports Gold
Jewelry
Broadcasting equipment
Refined petroleum
Crude petroleum
Major Trade Partners – Exports Saudi Arabia
Hong Kong
Iraq
Total Imports USD 338,979 million
Major Imports Gold
Broadcasting equipment
Diamonds
Refined petroluem
Major Trade Partners – Imports China
India
United States
Japan

Inbound and Outbound Investment

Data Shows UAE’s Debt Load To Be Lower
than the Middle East Average

The chart at left compares UAE’s debt-to-GDP ratio to the regional average. It illustrates how the country has been successful at keeping its debt burden in line with its national productive capacity.

UAE's Leading Companies

Banking First Abu Dhabi Bank
Conglomerate International Holding Company
Bank Emirates NBD
Energy and water TAQA
Telecom Etisalat
Real estate Emaar Properties

Global Finance Rankings & Awards: The United Arab Emirates

Global Finance Magazine holds several conferences and awards ceremonies throughout the year to recognize the winning financial institutions and companies in a host of categories including World’s Best Trade Finance Banks, World's Biggest Banks, World's Safest Banks, World's Best Developed & Emerging Markets Banks, World's Best Internet Banks, and World’s Best Investment Banks.


Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings

Moody’s

Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000

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