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CompareEconomy.com Comparison of world economies

United Arab Emirates

World Rank United Arab Emirates flag svg
Capital
Area
Currency
Abu Dhabi
83,600 km 2
UAE dirham (AED)

Table of Contents

Introduction

The United Arab Emirates (most often abbreviated to UAE or informally called Emirates) is the nation located in Western Asia, or to be more precise at the eastern end of the Arabian Peninsula. As a result of that, there are rather few neighbors like, for example, Oman or Saudi Arabia. However, we should also remember about its maritime borders that are possible due to the Persian Gulf. There, they share borders with Qatar and Iran. 

Economy

The latest data as far as the economy is concerned come from 2019. According to them, the UAE has got the GDP (PPP included) at the level of $684 billion. As a result, this is the third largest economy in the Arab world accounting for almost 10% of their entire GDP. 

Another important thing to note is the GDP per capita. It shows how prosperous the nation really is. With the value of $70,100, it is the second best number in the region. Interestingly, its growth is also of utmost importance and shows future improvements.

Population

One of the reasons for such a great GDP per capita is its relatively small population. As of 2019, there are almost 10 million citizens and, as a result of that, the density is at around 100 people per square kilometer. 

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

  • Last
  • Historical chart
#33 (2021)
415,021,590,683 US$

List of countries by GDP

(United States of America (USA))

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

International trade (Export, Import)

External balance on goods and services

  • Last
  • Historical chart
#5 (2020)
88,351,313,900 US$

List of countries by external balance on goods and services

(China)

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

  • Last
  • Historical chart
#150 (2021)
3.11 %

List of countries by unemployment

(South Africa)

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)