Labor force | 6.668 million (2023 est.) |
---|---|
Industrial production growth rate | 8.49% (2022 est.) |
Industries | petroleum and petrochemicals; fishing, aluminum, cement, fertilizer, commercial ship repair, construction materials, handicrafts, textiles |
Population below poverty line | |
Taxes and other revenues | 0.57% (of GDP) (2022 est.) |
Fiscal year | |
Exchange rates | |
Currency | Emirati dirhams (AED) per US dollar - |
Exchange rates 2023 | 3.673 (2023 est.) |
Exchange rates 2022 | 3.673 (2022 est.) |
Exchange rates 2021 | 3.673 (2021 est.) |
Exchange rates 2020 | 3.673 (2020 est.) |
Exchange rates 2019 | 3.673 (2019 est.) |
Reserves of foreign exchange and gold | |
Reserves of foreign exchange and gold 2023 | $189.491 billion (2023 est.) |
Reserves of foreign exchange and gold 2022 | $138.433 billion (2022 est.) |
Reserves of foreign exchange and gold 2021 | $131.117 billion (2021 est.) |
Current account balance | |
Current account balance 2017 | $26.47 billion (2017 est.) |
Current account balance 2016 | $13.23 billion (2016 est.) |
Public debt | |
Public debt 2017 | 19.7% of GDP (2017 est.) |
Budget | |
Revenues | $20.165 billion (2022 est.) |
Expenditures | $19.483 billion (2022 est.) |
Budget surplus (+) or deficit (-) | |
Household income | |
Lowest 10% | 4% (2018 est.) |
Highest 10% | 20% (2018 est.) |
Average household expenditures | |
On food | 13.5% of household expenditures (2022 est.) |
On alcohol and tobacco | 0.4% of household expenditures (2022 est.) |
Imports | |
Imports 2020 | $246.886 billion (2020 est.) |
Imports 2019 | $295.6 billion (2019 est.) |
Imports 2018 | $281.536 billion (2018 est.) |
Imports (partners) | China 18%, India 10%, US 6%, UK 4%, Saudi Arabia 3% (2022) |
Comodities Imports force | gold, broadcasting equipment, refined petroleum, diamonds, cars (2022) |
Exports | |
Imports 2020 | $246.886 billion (2020 est.) |
Imports 2019 | $295.6 billion (2019 est.) |
Imports 2018 | $281.536 billion (2018 est.) |
Exports (partners) | India 13%, Japan 10%, China 8%, Saudi Arabia 7%, Iraq 5% (2022) |
Comodities Exports force | crude petroleum, refined petroleum, gold, broadcasting equipment, natural gas (2022) |
Real GDP (purchasing power parity) | |
Real GDP (purchasing power parity) 2023 | $719.733 billion (2023 est.) |
Real GDP (purchasing power parity) 2022 | $696.041 billion (2022 est.) |
Real GDP (purchasing power parity) 2021 | $645.376 billion (2021 est.) |
GDP (official exchange rate) | $504.173 billion (2023 est.) |
Real GDP Per capita | |
Real GDP per capita 2023 | $75,600 (2023 est.) |
Real GDP per capita 2022 | $73,700 (2022 est.) |
Real GDP per capita 2021 | $68,900 (2021 est.) |
GDP - composition, by sector of origin | |
Agriculture | 0.8% (2022 est.) |
Industry | 51.5% (2022 est.) |
Services | 47.7% (2022 est.) |
GDP - composition, by end use | |
Household consumption | 40.2% (2020 est.) |
Government consumption | 14.5% (2020 est.) |
Investment in fixed capital | 20.2% (2020 est.) |
Investment in inventories | 2.6% (2020 est.) |
Exports of goods and services | 95.9% (2020 est.) |
Imports of goods and services | -70.6% (2020 est.) |
Unemployment rate | |
Unemployment rate 2023 | 2.71% (2023 est.) |
Unemployment rate 2022 | 2.87% (2022 est.) |
Unemployment rate 2021 | 3.11% (2021 est.) |
Youth unemployment rate (ages 15-24) | |
Total | 10.7% (2023 est.) |
Male | 6.7% (2023 est.) |
Female | 22.9% (2023 est.) |
Want to know more about United Arab Emirates? Check all different factbooks for United Arab Emirates below.