The United Arab Emirates is a high-income developing market economy. The UAE's economy is the 4th largest in the Middle East (after Turkey, Saudi Arabia and Israel), with a gross domestic product (GDP) of US$415 billion (AED 1.83 trillion) in 2021-2023. $527.80 billion (nominal; 2024 est.)
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United Arab Emirates
Country in the Middle East
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The United Arab Emirates, or simply the Emirates, is a country in West Asia, in the Middle East. Located at the eastern end of the Arabian Peninsula, it shares borders with Oman and Saudi Arabia; as well as maritime borders in the Persian Gulf... Wikipedia
GDP growth rate: 7.9% annual change (2022)
Gross domestic product: 507.1 billion USD (2022)
GDP per capita: 53,707.98 USD (2022)
Gross national income: 831.3 billion PPP dollars (2022)
GNI per capita: 88,050 PPP dollars (2022)
Internet users: 100.0% of the population (2022)
Currency: United Arab Emirates Dirham
Source: World Bank
The UAE's per-capita GDP is on par with those of leading West European nations. For more than three decades, oil and global finance drove the UAE's economy.
The UAE's commitment to development spans social, economic, investment, and development aspects, positioning it among the world's leading countries.
The United Arab Emirates' economic freedom score is 71.1, making its economy the 22nd freest in the 2024 Index of Economic Freedom. Its rating has increased ...
The UAE's economy. Strategic location, strong financial reserves, large sovereign wealth fund, promising investor home economies, consistent government ...
The UAE has an open economy with a high per capita income and a sizable annual trade surplus. Successful efforts at economic diversification have reduced the ...
Nov 24, 2023 · The UAE has a dynamic economy, which is diversifying quickly as it aims to transform itself into a knowledge economy. The UAE's openness to ...
Apr 25, 2024 · The United Arab Emirates (UAE) economy grew 3.3% in the first nine months of 2023, preliminary GDP data from the Federal Competitiveness and ...
The UAE is the Middle East's third largest economy, and one of the wealthiest countries in the region on a per capita basis. Its GDP in 2023 was estimated at US ...
The UAE maintains its status as one of the most competitive and highly advanced economies in the world while leveraging innovative strategies to boost economic ...