United Arab Emirates

Description of United Arab Emirates

Welcome to our website focusing on the United Arab Emirates, a country known for its rapid economic development, impressive infrastructure projects, and strategic geopolitical significance in the Middle East. Through our analysis, we aim to provide unique insights into the macroeconomic landscape of the UAE, exploring how key statistics and trends impact its growth, international relations, and position on the global stage. Join us as we delve into the intricate web of factors shaping the future of the United Arab Emirates.

Population And Age Structure

Population, total: United Arab Emirates has a population of 9,287,289, which is significantly below the average population of 40,097,746. UAE is ranked 96th out of 194 countries.

Population ages 0-14 (% of total population): The percentage of population ages 0-14 in UAE is 14.94%, below the average of 27.34%. UAE ranks 175th out of 194 countries.

Population ages 0-14, total: The total population of ages 0-14 in UAE is 1,387,612, which is well below the average of 10,327,380. UAE ranks 113th out of 194 countries.

Population ages 15-64 (% of total population): UAE has a percentage of 83.41% of population ages 15-64, above the average of 63.44%. It ranks 1st out of 194 countries.

Population ages 15-64, total: With a total population of ages 15-64 at 7,746,067, UAE is below the average of 26,003,407, ranking 76th out of 194 countries.

Population ages 65 and above (% of total population): In UAE, the percentage of population ages 65 and above is 1.65%, significantly lower than the average of 9.22%. UAE ranks 193rd out of 194 countries.

Population ages 65 and above, total: The total population ages 65 and above in UAE is 153,610, well below the average of 3,766,959. UAE ranks 138th out of 194 countries.

Summary

United Arab Emirates has a relatively small population compared to the global average, with a significant portion of its population concentrated in the working-age group (15-64 years). This demographic distribution, where a lower percentage of the population is in the dependent age groups (0-14 and 65+), indicates a potentially productive labor force that can support economic growth and development. However, the low percentage of population ages 65 and above may pose challenges in terms of healthcare and social welfare systems as the country's population ages in the future.

Population Miscellaneous

- The United Arab Emirates has a Rural population of 1,202,890, significantly below the average of 18,044,041. This places the UAE at rank 121 out of 190 countries included in the data.

- The Rural population (% of total population) in the UAE is 12.952%, much lower than the average of 41.16%. The country ranks 167 out of 190 nations in this aspect.

- With an Urban population of 8,084,399, the UAE falls below the average of 22,425,747, earning a rank of 73 out of 194 countries.

- The UAE's Urban population (% of total population) stands at 87.048%, surpassing the average of 59.69%. This places the UAE at rank 28 out of 194 countries.

- The Age dependency ratio (% of working-age population) in the UAE is 19.90%, lower than the average of 59.22%. The country ranks 194 out of 194 nations in this regard.

- The UAE's Birth rate, crude (per 1,000 people) is 10.62, lower than the average of 19.38. This positions the UAE at rank 146 out of 192 countries.

- The Death rate, crude (per 1,000 people) in the UAE is 1.766, below the average of 8.21. The country ranks 191 out of 192 nations.

- The Fertility rate, total (births per woman) in the UAE is 1.46, lower than the average of 2.60. The UAE ranks 163 out of 190 countries in this aspect.

Summary

The United Arab Emirates stands out with a relatively small rural population, both in absolute numbers and as a percentage of the total population, compared to global averages. However, its urban population is significantly higher than the average, indicating a strong trend towards urbanization. The country also demonstrates low age dependency ratio, birth rate, death rate, and fertility rate compared to global averages, reflecting potentially different demographic and social dynamics at play.

These indicators are crucial for policymakers and analysts as they provide insights into the demographic structure, urbanization trends, and potential future challenges such as aging populations or low fertility rates. Understanding these metrics can help in formulating appropriate economic, social, and healthcare policies to cater to the unique demographic profile of the UAE.

Military

Analysis of key statistics for the United Arab Emirates:

1. Arms imports (SIPRI trend indicator values): The focus country value of $564,000,000 is above the average of $205,522,123.89. The UAE ranks 14 out of 113 countries in this attribute data.

2. Arms exports (SIPRI trend indicator values): With a value of $191,000,000, the UAE is below the average of $705,705,882.35. It ranks 15 out of 34 countries in this attribute data.

3. Armed forces personnel, total: The UAE has 63,000 personnel, lower than the average of 165,908.54. It is ranked 63 out of 164 countries.

4. Armed forces personnel (% of total labor force): The UAE's percentage of 0.97 is below the average of 1.28. It is ranked 70 out of 164 countries in this attribute data.

Summary

The United Arab Emirates (UAE) has above-average arms imports and below-average arms exports compared to global averages, indicating a reliance on imports for defense capabilities. The country also maintains a smaller-than-average armed forces personnel count and a lower percentage of armed forces personnel in its total labor force, suggesting a leaner military structure relative to other nations. These indicators are crucial as they reflect the UAE's strategic positioning in terms of defense procurement, military strength, and resource allocation for national security.

Natural Resources

Regarding Forest area, the United Arab Emirates has 3,173 sq. km of forest area, significantly below the average of 211,606.11 sq. km, ranking 146th out of 191 countries.

When it comes to Land area, the United Arab Emirates has 71,020 sq. km of land area, considerably lower than the average of 665,166.51 sq. km, placing it at 117th out of 194 countries.

For Surface area, the United Arab Emirates totals 98,647.9 sq. km, notably lesser than the average of 689,779.56 sq. km, ranking 109th out of 194 countries.

In terms of Arable land, the United Arab Emirates possesses 49,000 hectares, significantly lower than the average of 7,329,543.16 hectares, placing it at 158th out of 190 countries.

Concerning Land under cereal production, the United Arab Emirates has 1,391 hectares, notably lower than the average of 4,206,011.63 hectares, ranking 162nd out of 174 countries.

Considering Average precipitation in depth, the United Arab Emirates receives 78 mm per year, significantly below the average of 1,157.83 mm per year, placing it at 174th out of 178 countries.

Regarding Renewable internal freshwater resources, the United Arab Emirates has 0.15 billion cubic meters, significantly less than the average of 240.41 billion cubic meters, ranking 170th out of 178 countries.

Summary

The United Arab Emirates exhibits below-average values in key macroeconomic indicators such as forest area, land area, arable land, land under cereal production, average precipitation, and renewable internal freshwater resources. These statistics highlight the country's scarcity of natural resources compared to global averages, signaling potential challenges in sustainable agricultural practices, water management, and environmental conservation efforts.

Resource Rents

United Arab Emirates has Total natural resources rents accounting for 11.97% of its GDP, significantly higher than the average of 4.63%. This places the country at rank 24 out of 175 countries in the dataset.

For Forest rents, United Arab Emirates only contributes 0.0001% of its GDP, far below the average of 1.53%. This places the country at rank 172 out of 174 countries in the dataset.

United Arab Emirates' Oil rents make up 10.49% of its GDP, much higher than the average of 2.51%. This places the country at rank 11 out of 117 countries in the dataset.

In terms of Natural gas rents, United Arab Emirates contributes 1.48% of its GDP, slightly above the average of 1.25%. This places the country at rank 19 out of 96 countries in the dataset.

Summary

United Arab Emirates stands out for its high reliance on natural resources, particularly oil, which significantly contributes to its GDP compared to global averages. The country ranks relatively high in both total natural resources rents and oil rents, reflecting its strong position in the global energy market. However, its low contribution to forest rents highlights a potential area for diversification and sustainable resource management to ensure long-term economic stability and environmental conservation.

Commodities

United Arab Emirates has a Cereal production of 26,405 metric tons, significantly below the average of 17,249,945. The country ranks 152 out of 174 countries in this dataset.

For Aquaculture production, the country produces 3,047.78 metric tons. This is well below the average of 679,642.91 metric tons, ranking UAE 105 out of 180 countries.

United Arab Emirates has a Capture fisheries production of 58,949 metric tons, falling short of the average of 467,453.06 metric tons. The country ranks 95 out of 190 nations for this attribute.

In terms of Total fisheries production, UAE produces 61,996.78 metric tons, also below the average of 1,153,914.85 metric tons. The country ranks 96 out of 182 countries in this category.

Regarding Fertilizer consumption, UAE uses 643.43 kilograms per hectare of arable land, surpassing the average of 159.04 kilograms. This places the country at rank 7 out of 187 countries for this statistic.

Summary

The United Arab Emirates (UAE) falls below the global averages in key agricultural and fisheries production indicators such as cereal, aquaculture, capture fisheries, and total fisheries production. However, the country excels in fertilizer consumption, using significantly more fertilizers per hectare of arable land compared to the global average. This is crucial as it indicates UAE's reliance on advanced agricultural practices to maximize crop yields and ensure food security despite its challenging environmental conditions.

Intellectual Property

Industrial design applications, nonresident, by count: The United Arab Emirates has 634 applications, below the average of 1415.83. This ranks the country 35th out of 112 countries.

Industrial design applications, resident, by count: The United Arab Emirates has 52 applications, well below the average of 9799.58. This places the country in the 79th position out of 113 countries.

Patent applications, nonresidents: The United Arab Emirates has 1869 applications, lower than the average of 6538.40. This ranks the country 26th out of 129 countries in the dataset.

Patent applications, residents: The United Arab Emirates has 39 applications, significantly lower than the average of 19037.56. This places the country in the 83rd position out of 117 countries.

Trademark applications, nonresident, by count: The United Arab Emirates has 12205 applications, below the average of 15878.93. This ranks the country 35th out of 130 countries included in the data.

Trademark applications, resident, by count: The United Arab Emirates has 6415 applications, well below the average of 111055.78. This places the country in the 56th position out of 129 countries.

Scientific and technical journal articles: The United Arab Emirates has 4443.22 articles, below the average of 15103.76. This ranks the country 57th out of 192 countries in the dataset.

Researchers in R&D (per million people): The United Arab Emirates has 2612.33 researchers, slightly above the average of 2556.45. This puts the country in the 29th position out of 72 countries.

Summary

The United Arab Emirates demonstrates a mixed performance in key macroeconomic indicators related to innovation and research. While the country falls below the global averages in industrial design, patent, trademark applications, and scientific articles, it surpasses the average in researchers in R&D. These statistics are crucial as they reflect the country's level of innovation, research activities, and competitiveness on the global stage, indicating areas of strength and areas that may require further investment and development.

Broad Economy Attributes

Analysis of key macroeconomic indicators for the United Arab Emirates:

1. GDP (current US$): The UAE's GDP is $349.47 billion, ranking 35th out of 189 countries. Although below the average GDP of $442.87 billion, the country's economy remains robust.

2. GDP, PPP (current international $): With a GDP of $663.66 billion, the UAE ranks 33rd out of 181 countries. Despite being below the average GDP of $734.14 billion, the UAE's economy shows strength in its purchasing power.

3. GDP per capita (current US$): The GDP per capita in the UAE is $37,629, ranking 27th out of 190 countries. Significantly above the average GDP per capita of $15,462, indicating a high standard of living.

4. GDP per capita, PPP (current international $): The UAE's GDP per capita of $71,458 ranks 6th out of 181 countries. Well above the average GDP per capita of $21,251, reflecting a prosperous economy with high purchasing power parity.

5. GNI (current US$): The UAE's GNI is $347.59 billion, ranking 34th out of 185 countries. Although below the average GNI of $452.04 billion, the country's economic output remains significant.

6. GNI, PPP (current international $): With a GNI of $660.09 billion, the UAE ranks 33rd out of 181 countries. Despite being below the average GNI of $730.70 billion, the UAE's economy maintains a strong purchasing power parity.

7. GNI per capita, PPP (current international $): The UAE's GNI per capita stands at $71,070, ranking 5th out of 181 countries. Well above the average GNI per capita of $20,616, showcasing a high standard of living and economic prosperity.

Summary

The United Arab Emirates boasts a robust economy with a GDP of $349.47 billion (rank: 35th) and a high GDP per capita of $37,629 (rank: 27th), reflecting a high standard of living and economic strength. The country also exhibits significant purchasing power, with a GDP per capita, PPP of $71,458 (rank: 6th) and a GNI per capita, PPP of $71,070 (rank: 5th), highlighting its prosperous economy and strong purchasing power parity. These indicators are crucial as they indicate the UAE's economic stability, high standard of living, and overall prosperity compared to global averages.

Broad Value Added

The percentage of Agriculture, forestry, and fishing value added to GDP in the United Arab Emirates is 0.96%, significantly below the average of 10.86%. This places the country at a rank of 166 out of 182 countries included in the data.

The value of Agriculture, forestry, and fishing value added in current US dollars in the United Arab Emirates is $3,368,537,938.51, notably lower than the average of $19,924,732,828.07. This positions the country at rank 89 out of 182 countries.

Services value added to GDP in the United Arab Emirates accounts for 56.86%, slightly above the average of 56.72%. The country ranks 87 out of 183 countries included in the data for this attribute.

The value of Services value added in current US dollars for the United Arab Emirates is $198,717,577,382.07, falling below the average of $295,837,711,130.69. The country's rank for this attribute is 36 out of 183 countries.

The United Arab Emirates' value added in Industry (including construction) in current US dollars is $147,386,900,016.37, which is higher than the average of $118,421,095,413.50. This places the country at a rank of 24 out of 183 countries.

Summary

The United Arab Emirates has a relatively low contribution of Agriculture, forestry, and fishing to its GDP compared to the global average, ranking 166 out of 182 countries. However, the country's Services sector outperforms the global average in both GDP contribution and value added in US dollars, ranking 87 and 36 respectively. Additionally, the UAE excels in Industry and construction with a high value added in current US dollars, ranking 24 globally. These indicators are crucial as they demonstrate the diversification of the UAE's economy away from traditional sectors towards more service-oriented and industrial activities, which can lead to greater economic stability and resilience in the face of global economic shifts.

Manufacturing Value Added

Manufacturing, value added (current US$): The United Arab Emirates' value of $35,966,994,023.67 is below the average of $76,207,179,589.66. It ranks 42 out of 173 countries in the data.

Manufacturing, value added (% of GDP): The UAE's value of 10.29% is below the average of 11.90%. It holds the 99th rank out of 173 countries.

Medium and high-tech manufacturing value added (% manufacturing value added): The UAE's value of 40.80% is above the average of 24.49%. It is ranked 30 out of 149 countries.

Chemicals (% of value added in manufacturing): The UAE's value of 22.24% is above the average of 11.56%. It ranks 9 out of 89 countries.

Food, beverages and tobacco (% of value added in manufacturing): The UAE's value of 11.04% is below the average of 24.51%. It is ranked 78 out of 92 countries.

Machinery and transport equipment (% of value added in manufacturing): The UAE's value of 14.44% is below the average of 16.85%. It holds the 50th rank out of 93 countries.

Textiles and clothing (% of value added in manufacturing): The UAE's value of 4.67% is below the average of 6.33%. It ranks 37 out of 93 countries.

Other manufacturing (% of value added in manufacturing): The UAE's value of 47.61% is above the average of 42.13%. It is ranked 29 out of 94 countries.

Summary

The United Arab Emirates (UAE) has a significant manufacturing sector, although its total manufacturing value added and the percentage contribution to GDP are below global averages. However, the country excels in medium and high-tech manufacturing, chemicals, and other manufacturing industries, where it surpasses the global average percentages. These statistics are crucial as they indicate the UAE's strength in advanced manufacturing sectors, which can drive innovation, technology transfer, and economic diversification.

Money

Inflation, consumer prices (annual %): The consumer price inflation in United Arab Emirates is -2.08%, significantly lower than the average of 8.26%. The country ranks 162 out of 165 countries in this data set.

Inflation, GDP deflator (annual %): The GDP deflator inflation in United Arab Emirates is -12.03%, much lower than the average of 6.90%. The country ranks 183 out of 188 countries in this data set.

Broad money growth (annual %): The broad money growth in United Arab Emirates is 4.63%, below the average of 18.03%. The country ranks 121 out of 139 countries in this data set.

Broad money (% of GDP): The broad money as a percentage of GDP in United Arab Emirates is 115.21%, higher than the average of 71.75%. The country ranks 19 out of 139 countries in this data set.

Broad money to total reserves ratio: The broad money to total reserves ratio in United Arab Emirates is 3.77, below the average of 5.17. The country ranks 40 out of 126 countries in this data set.

Summary

United Arab Emirates exhibits deflation in consumer prices and GDP deflator, indicating a decrease in the overall level of prices. The country also has slower broad money growth compared to the average, but a higher proportion of broad money to GDP, highlighting a potentially stable financial system with ample liquidity. These indicators are crucial as they reflect the country's economic performance, stability, and monetary policy effectiveness, providing insights for policymakers and investors.

Consumption Expenditure

Final consumption expenditure (current US$): The United Arab Emirates has a final consumption expenditure of 190.88 billion USD, which is below the average of 381.63 billion USD. The country ranks 40th out of 159 countries.

Final consumption expenditure (% of GDP): The United Arab Emirates' final consumption expenditure as a percentage of GDP is 54.62%, lower than the average of 82.37%. The country holds the 153rd rank out of 159 countries.

General government final consumption expenditure (current US$): The UAE's expenditure is 50.49 billion USD, less than the average of 93.68 billion USD. The country ranks 35th out of 158 countries.

General government final consumption expenditure (% of GDP): The UAE's expenditure is 14.45% of GDP, below the average of 18.71%. The country ranks 110th out of 158 countries.

Household and NPISHs Final consumption expenditure (current US$): The UAE's expenditure is 140.39 billion USD, below the average of 290.13 billion USD. The country ranks 41st out of 158 countries.

Households and NPISHs final consumption expenditure (% of GDP): The UAE's expenditure is 40.17% of GDP, lower than the average of 63.68%. The country holds the 149th rank out of 158 countries.

Summary

The United Arab Emirates demonstrates lower final consumption expenditure both in absolute terms and as a percentage of GDP compared to global averages. This indicates a relatively conservative spending pattern in the country across government, households, and non-profit institutions. The rankings reflect a more restrained approach to consumption among key economic agents in the UAE, which could impact economic growth, investment levels, and overall economic stability.

Equities

1. Listed domestic companies, total: The United Arab Emirates has 130 listed domestic companies, which is significantly below the average of 636.625. This places the UAE at rank 37 out of 72 countries in the data set.

2. Stocks traded, total value (current US$): The total value of stocks traded in the UAE is $37,509,250,000, much lower than the average of $1,379,501,950,820.91. The UAE ranks 26 out of 71 countries in this attribute.

3. Stocks traded, total value (% of GDP): The value of stocks traded in the UAE as a percentage of GDP is 10.73%, below the average of 31.65%. This places the UAE at rank 26 out of 71 countries.

4. Market capitalization of listed domestic companies (current US$): The market capitalization of listed domestic companies in the UAE is $294,831,940,000, which is below the average of $1,196,037,851,618.88. The UAE is ranked 22 out of 73 countries in this metric.

5. Market capitalization of listed domestic companies (% of GDP): The UAE's market capitalization of listed domestic companies as a percentage of GDP is 84.36%, higher than the average of 71.24%. This places the UAE at rank 19 out of 73 countries.

6. S&P Global Equity Indices (annual % change): The S&P Global Equity Indices in the UAE have experienced a -10.01% change, well below the average annual change rate of 2.06%. This puts the UAE at rank 61 out of 79 countries.

Summary

The United Arab Emirates (UAE) has a lower number of listed domestic companies, lower total value of stocks traded, and lower market capitalization compared to the global averages. However, the market capitalization of listed domestic companies as a percentage of GDP is higher than average. The UAE's equity indices have shown a negative change, contrasting with the positive global trend. These indicators suggest that while the UAE has a relatively small market in terms of numbers and value, it is efficient in generating market capitalization compared to its GDP. The negative change in equity indices implies a recent downturn in the UAE's stock market performance, which may have implications for investor confidence and economic stability.

Investment

For Foreign direct investment, net inflows (BoP, current US$), the United Arab Emirates received $19,884,468,664.9, which is significantly above the attribute average of $5,749,271,080.14. This places the UAE at rank 15 out of 182 countries in the dataset.

In terms of Foreign direct investment, net inflows (% of GDP), the UAE received 5.69% of its GDP as FDI, higher than the attribute average of 2.61%. This positions the UAE at rank 31 out of 178 countries in the dataset.

Regarding Foreign direct investment, net outflows (BoP, current US$), the UAE invested $18,937,329,700.3, well above the attribute average of $5,707,991,116.07. The UAE ranks 13 out of 156 countries in the dataset for this metric.

For Foreign direct investment, net outflows (% of GDP), the UAE's outflows accounted for 5.42% of its GDP, significantly surpassing the attribute average of 1.00%. This places the UAE at rank 6 out of 155 countries in the dataset.

Summary

The United Arab Emirates (UAE) stands out in terms of both attracting foreign direct investment (FDI) and investing abroad. The country ranks impressively high globally for both FDI inflows and outflows, signaling its strong economic ties with other nations. These indicators are crucial as they showcase the UAE's attractiveness to foreign investors and its active participation in the global economy, highlighting its significance as a key player in the international investment landscape.

Broad Trade Attributes

Trade (% of GDP): The United Arab Emirates has a trade value of 166.57% of GDP, significantly higher than the average of 82.34%. This places the UAE at rank 9 out of 163 countries in the dataset.

Merchandise trade (% of GDP): With a value of 166.61% of GDP, the UAE exceeds the average of 60.01%, ranking 3rd out of 186 countries included in the data.

External balance on goods and services (current US$): The UAE's external balance stands at $88,351,313,900.61, a substantial difference from the average of $3,405,509,011.13. This places the country at rank 5 out of 163 countries.

External balance on goods and services (% of GDP): The UAE's external balance as a percentage of GDP is 25.28%, significantly higher than the average of -5.97%. The UAE ranks 3rd out of 163 countries in this aspect.

Summary

The United Arab Emirates demonstrates a strong trade performance, with trade comprising a high percentage of its GDP and ranking among the top 10 countries globally in both overall trade value and merchandise trade. Additionally, the country maintains a significantly positive external balance on goods and services, greatly exceeding the global average and ranking within the top 5 countries based on this indicator. These indicators reflect the UAE's robust international trade presence, solidifying its position as a key player in the global economy and highlighting its ability to efficiently manage its external economic relations.

Broad Export Attributes

United Arab Emirates has an exceptionally high value of $335.24 billion for Exports of goods and services (current US$), ranking 19th out of 163 countries. This is significantly higher than the average value of $129.60 billion for this attribute.

For Exports of goods and services (% of GDP), the United Arab Emirates has a value of 95.93%, ranking 7th out of 163 countries. This percentage is substantially higher than the average of 38.19%.

In terms of ICT goods exports (% of total goods exports), the United Arab Emirates has a value of 9.05%, ranking 19th out of 142 countries. This value is notably above the average of 3.81% for this attribute.

Summary

The United Arab Emirates stands out in the global market with its exceptionally high values for exports of goods and services in terms of both current US dollars and as a percentage of GDP. Additionally, the country's significant share of ICT goods exports further solidifies its position as a key player in the digital economy. These impressive indicators highlight the UAE's strong economic performance, global competitiveness, and strategic focus on technology-driven sectors, positioning it as a leading player in the international trade landscape.

Merchandise Exports

Merchandise exports (current US$): The United Arab Emirates has a value of 335,297,000,000 which is significantly higher than the average of 89,542,711,229.94. The country ranks 14 out of 187 countries in this attribute data.

Agricultural raw materials exports (% of merchandise exports): The UAE's value of 0.0455 is notably below the average of 2.97. With a rank of 138 out of 151 countries, the UAE lags behind in this aspect.

Food exports (% of merchandise exports): At 3.51%, the UAE falls short of the average of 24.06%. The country ranks 133 out of 152 countries in this category.

Fuel exports (% of merchandise exports): With a value of 71.43%, the UAE significantly exceeds the average of 13.70%. Ranking 9th out of 147 countries, the country is a major player in fuel exports.

Ores and metals exports (% of merchandise exports): The UAE's value of 3.41% is below the average of 9.10%. The country ranks 72 out of 152 countries in this attribute.

Merchandise exports by the reporting economy, residual (% of total merchandise exports): The UAE's value of 25.18% is substantially higher than the average of 3.20%. Ranking 4th out of 166 countries, the UAE plays a significant role in this aspect of merchandise exports.

Summary

The United Arab Emirates excels in fuel exports, ranking 9th globally and significantly exceeding the average fuel export percentage. However, the country lags in agricultural and food exports, with values well below the respective averages. These statistics are crucial as they highlight the UAE's heavy reliance on fuel exports for revenue generation, indicating a potential vulnerability to fluctuations in the global oil market and a need for diversification in its export sector to ensure economic stability.

Technology Exports

United Arab Emirates has a manufactures exports (% of merchandise exports) value of 9.45%, which is below the average of 42.62%. The country ranks 128th out of 152 countries for this attribute.

For High-technology exports (current US$), United Arab Emirates has a value of $1,202,163,087, significantly below the average of $16,655,934,078.80. The country ranks 48th out of 151 countries.

United Arab Emirates' High-technology exports (% of manufactured exports) stands at 5.38%, lower than the average of 10.15%. The country ranks 82nd out of 150 countries.

Regarding Medium and high-tech exports (% manufactured exports), United Arab Emirates recorded 13.35%, below the average of 34.29%. The country holds the 109th rank out of 149 countries in this aspect.

Summary

United Arab Emirates has below-average performance in key macroeconomic indicators related to exports. The country ranks comparatively low in manufactures exports, high-technology exports, high-technology exports as a percentage of manufactured exports, and medium and high-tech exports as a percentage of manufactured exports. These indicators are crucial as they reflect the country's level of diversification, technological advancement, and value-added production in the global market, influencing its economic resilience and competitiveness.

Broad Import Attributes

For "Imports of goods and services (current US$)", the United Arab Emirates has a value of $246.89 billion, which is significantly above the average of $126.19 billion. This places the UAE at rank 22 out of 163 countries included in the data.

In terms of "Imports of goods and services (% of GDP)", the UAE's value of 70.65% is higher than the average of 44.15%. This places the UAE at rank 18 out of 163 countries included in the data.

Regarding "ICT goods imports (% total goods imports)", the UAE's percentage of 13.26% is notably higher than the average of 6.85%. This places the UAE at rank 15 out of 143 countries included in the data.

Summary

The United Arab Emirates stands out in key macroeconomic indicators related to imports. With significantly high values in both total imports and imports as a percentage of GDP, as well as a notably high share of ICT goods in total imports, the UAE ranks within the top 22 countries for each metric among a significant number of countries. These indicators are important as they highlight the UAE's strong reliance on imports for its economy, particularly in ICT goods, which could indicate a strategic focus on technology and international trade.

Merchandise Imports

Merchandise imports (current US$): The United Arab Emirates has a merchandise import value of $246.96 billion, significantly higher than the average of $89.39 billion, ranking 19th out of 190 countries.

Manufactures imports (% of merchandise imports): The UAE's value of 57.86% is below the average of 66.76%, ranking 125th out of 152 countries.

Agricultural raw materials imports (% of merchandise imports): The UAE's value of 0.46% is below the average of 1.27%, ranking 136th out of 152 countries.

Food imports (% of merchandise imports): The UAE's value of 6.83% is below the average of 15.89%, ranking 141st out of 152 countries.

Fuel imports (% of merchandise imports): The UAE's value of 17.19% is above the average of 11.38%, ranking 23rd out of 152 countries.

Ores and metals imports (% of merchandise imports): The UAE's value of 2.55% is slightly below the average of 2.57%, ranking 53rd out of 152 countries.

Merchandise imports by the reporting economy, residual (% of total merchandise imports): The UAE's value of 0.88% is below the average of 2.51%, ranking 66th out of 180 countries.

Summary

The United Arab Emirates has a high total merchandise import value, ranking 19th globally. However, when looking at the composition of its imports, the country imports a lower percentage of manufactured goods, agricultural raw materials, food, and ores/metals compared to the global average. On the other hand, the UAE imports a higher percentage of fuel compared to the average. These indicators are crucial for understanding the UAE's trade patterns, economic diversification, and energy dependency, which can have significant implications for its economy and geopolitical relationships.

Infrastructure

1. Railways, goods transported (million ton-km): The United Arab Emirates transported 1426 million ton-km, ranking 45th out of 62 countries. This is below the average of 119231.19 million ton-km.

2. Air transport, freight (million ton-km): The United Arab Emirates transported 12171.56 million ton-km, ranking 5th out of 126 countries. This exceeds the average of 1384.37 million ton-km.

3. Air transport, registered carrier departures worldwide: The United Arab Emirates recorded 185260 departures, ranking 20th out of 149 countries. This figure is above the average of 134365.61 departures.

4. Air transport, passengers carried: The United Arab Emirates carried 26116897 passengers, ranking 17th out of 149 countries. This is significantly higher than the average of 11848242.7 passengers.

5. Container port traffic (TEU: 20 foot equivalent units): The United Arab Emirates handled 18721000 TEUs, ranking 7th out of 110 countries. This figure is well above the average of 6907110.27 TEUs.

6. Rail lines (total route-km): The United Arab Emirates has a total of 261 route-km of rail lines, ranking 66th out of 66 countries. This is below the average of 12204.74 route-km.

Summary

The United Arab Emirates demonstrates strong performance in air transport and container port traffic, ranking significantly above average in freight transport, passenger volume, and container handling. However, the country lags behind in railway infrastructure, with a much lower than average rail network. These indicators are crucial as they reflect the country's connectivity and trade efficiency, highlighting areas for potential infrastructure development and investment to further boost economic growth and global competitiveness.

Information Technology Infrastructure

Analysis of key statistics for United Arab Emirates:

Summary

The United Arab Emirates (UAE) has a moderate number of secure Internet servers compared to global averages but has significant room for growth in this area. The country also lags behind in terms of secure Internet servers per 1 million people, fixed broadband subscriptions, and mobile cellular subscriptions. However, UAE stands out with 100% of its population using the Internet, far exceeding the global average.

These statistics are crucial as they highlight UAE's strong internet penetration rate, indicating a high level of connectivity and digital accessibility within the country. The lower rankings in server infrastructure and broadband subscriptions suggest a need for further investment in digital infrastructure to support future growth and innovation in the UAE's economy.

Energy Consumption

United Arab Emirates has a renewable energy consumption of 0.92% of total final energy consumption, significantly below the average of 32.18%. The country ranks 180 out of 191 countries in this dataset.

Regarding CO2 emissions, United Arab Emirates emits 188088.7 kt, which is above the average of 171895.94 kt. The country ranks 27 out of 188 countries in this dataset.

Summary

The United Arab Emirates has a significantly low renewable energy consumption of 0.92% compared to the global average of 32.18%, ranking it poorly at 180 out of 191 countries. Additionally, the country's CO2 emissions of 188088.7 kt are above the average of 171895.94 kt, placing it at the 27th position out of 188 countries. These statistics reveal a pressing need for the United Arab Emirates to transition towards sustainable energy sources to reduce its carbon footprint and environmental impact, aligning with global efforts to combat climate change and ensure long-term energy security.

Government Balance Sheet

The Net acquisition of financial assets (% of GDP) for the United Arab Emirates is -0.162%, which is below the attribute average of 2.450%. The country is ranked 70 out of 87 countries in this statistic.

The Net incurrence of liabilities, total (% of GDP) for the United Arab Emirates is 0.139%, significantly below the attribute average of 7.431%. The country is ranked 86 out of 92 countries in this statistic.

The Total reserves minus gold for the United Arab Emirates amount to $103,199,231,777.29, surpassing the attribute average of $74,221,588,171.61. The country is ranked 19 out of 161 countries in this attribute.

The Total reserves (includes gold) for the United Arab Emirates stand at $106,701,571,777.29, exceeding the attribute average of $85,708,019,773.47. The country is ranked 23 out of 161 countries in this statistic.

Summary

The United Arab Emirates exhibits a negative net acquisition of financial assets as a percentage of GDP and a lower than average net incurrence of liabilities compared to other countries, indicating a cautious approach to financial risk-taking. However, the country boasts higher total reserves both with and without gold, signaling solid financial stability and a strong position to weather economic uncertainties. These indicators are crucial as they reflect the country's financial resilience, capability to meet international obligations, and potential for future economic growth.

Government Revenue

- The revenue, excluding grants (% of GDP) for the United Arab Emirates is 6.37%, which is significantly below the average of 27.02%. This places the UAE at a rank of 121 out of 122 countries included in the data.

- Grants and other revenue (% of revenue) in the UAE account for 76.66%, much higher than the average of 23.54%. This places the UAE at an impressive rank of 3 out of 108 countries.

- Social contributions (% of revenue) for the UAE make up 13.89% of revenue, which is below the average of 22.29%. The UAE ranks 55 out of 81 countries in this category.

- Taxes on goods and services (% of revenue) in the UAE represent 9.43% of revenue, well below the average of 31.82%. This places the UAE at rank 116 out of 122 countries.

- Taxes on international trade (% of revenue) only contribute 0.015% in the UAE, a value significantly lower than the average of 6.24%. The UAE ranks 97 out of 101 countries in this aspect.

Summary

Overall, the United Arab Emirates (UAE) demonstrates a unique revenue composition compared to global averages. While the country has a low revenue, excluding grants, as a percentage of GDP, it heavily relies on grants and other revenue sources. Furthermore, the UAE's lower contribution from social contributions and taxes on goods and services may indicate a different economic model or policy approach. These indicators are crucial as they highlight the UAE's financial structure and its dependence on non-traditional revenue streams, potentially reflecting its strategic partnerships or economic development strategies.

Taxes

- The Tax revenue (% of GDP) for the United Arab Emirates is significantly below the attribute average of 16.72%, ranking 122 out of 123 countries. This indicates a relatively low tax revenue generation compared to other nations.

- The Customs and other import duties (% of tax revenue) in the United Arab Emirates are much lower than the attribute average of 9.01%, with a value of 0.75%. This places the country at the 94th rank out of 99 countries, showcasing a lesser reliance on customs and import duties for tax revenue.

- The Tariff rate, applied, weighted mean, all products (%), at 3.28% for the United Arab Emirates, is below the attribute average of 5.21%. The country is ranked 82 out of 153 nations in this aspect, indicating a moderately competitive tariff rate compared to a wider global dataset.

Summary

The United Arab Emirates exhibits a low tax revenue (% of GDP) compared to other countries, ranking 122 out of 123 nations. Additionally, the country shows a minimal reliance on customs and import duties for tax revenue, ranking 94th out of 99 countries. Despite having a tariff rate below the global average, the UAE's rank of 82 out of 153 nations suggests a moderately competitive standing.

These findings are crucial as they indicate the UAE's unique economic structure with low tax revenue reliance. The country's limited dependence on customs and tariffs may be a deliberate strategy to attract foreign investment and boost trade, potentially impacting its fiscal policies and economic development strategies.

Government Expenses

Expense (% of GDP): The United Arab Emirates has a relatively low expense as a percentage of GDP at 5.26%, which is significantly below the average of 31.69%. This places the country at rank 122 out of 123 countries included in the data.

Compensation of employees (% of expense): The country spends 34.30% of its expenses on employee compensation, which is higher than the average of 24.70%. This places the UAE at rank 29 out of 123 countries.

Goods and services expense (% of expense): With 37.44% of expenses allocated to goods and services, the UAE exceeds the average of 14.77%. This places the country at a high rank of 5 out of 122 countries.

Interest payments (% of expense): The UAE dedicates only 0.11% of its expenses to interest payments, well below the average of 6.85%. This places the country at rank 121 out of 121 countries.

Other expense (% of expense): Allocating 3.20% of expenses to other categories, the UAE is below the average of 8.29%. This places the country at rank 98 out of 120 countries.

Subsidies and other transfers (% of expense): The UAE allocates 24.95% of its expenses to subsidies and transfers, below the average of 43.29%. This places the UAE at rank 98 out of 121 countries.

Summary

The United Arab Emirates demonstrates a prudent fiscal management strategy with a low expense as a percentage of GDP, minimal allocation to interest payments, and a focus on employee compensation and goods/services expenses. These indicators highlight the country's efficient spending practices and strategic allocation of resources. Such economic efficiency can contribute to sustainable economic growth, attract foreign investments, and enhance the overall competitiveness of the UAE in the global market.

Top Stats

Ranks in Top Decile For:

Attribute Rank/Total
Population ages 15-64 (% of total population) 1/194
Oil rents (% of GDP) 11/117
Fertilizer consumption (kilograms per hectare of arable land) 7/187
GDP per capita, PPP (current international $) 6/181
GNI per capita, PPP (current international $) 5/181
Foreign direct investment, net inflows (BoP, current US$) 15/182
Foreign direct investment, net outflows (BoP, current US$) 13/156
Foreign direct investment, net outflows (% of GDP) 6/155
Trade (% of GDP) 9/163
Merchandise trade (% of GDP) 3/186
External balance on goods and services (current US$) 5/163
External balance on goods and services (% of GDP) 3/163
Exports of goods and services (% of GDP) 7/163
Merchandise exports (current US$) 14/187
Fuel exports (% of merchandise exports) 9/147
Merchandise exports by the reporting economy, residual (% of total merchandise exports) 4/166
Air transport, freight (million ton-km) 5/126
Container port traffic (TEU: 20 foot equivalent units) 7/110
Individuals using the Internet (% of population) 1/180
Grants and other revenue (% of revenue) 3/108
Goods and services expense (% of expense) 5/122

Ranks in Bottom Decile For:

Attribute Rank/Total
Population ages 0-14 (% of total population) 175/194
Population ages 65 and above (% of total population) 193/194
Age dependency ratio (% of working-age population) 194/194
Death rate, crude (per 1,000 people) 191/192
Land under cereal production (hectares) 162/174
Average precipitation in depth (mm per year) 174/178
Renewable internal freshwater resources, total (billion cubic meters) 170/178
Forest rents (% of GDP) 172/174
Agriculture, forestry, and fishing, value added (% of GDP) 166/182
Inflation, consumer prices (annual %) 162/165
Inflation, GDP deflator (annual %) 183/188
Final consumption expenditure (% of GDP) 153/159
Households and NPISHs final consumption expenditure (% of GDP) 149/158
Agricultural raw materials exports (% of merchandise exports) 138/151
Food imports (% of merchandise imports) 141/152
Rail lines (total route-km) 66/66
Renewable energy consumption (% of total final energy consumption) 180/191
Net incurrence of liabilities, total (% of GDP) 86/92
Revenue, excluding grants (% of GDP) 121/122
Taxes on goods and services (% of revenue) 116/122
Taxes on international trade (% of revenue) 97/101
Tax revenue (% of GDP) 122/123
Customs and other import duties (% of tax revenue) 94/99
Expense (% of GDP) 122/123
Interest payments (% of expense) 121/121