Middle East > United Arab Emirates > Economy

View full size

Bank liquid reserves to bank assets ratio	9.15		[92nd of 172]
View time series
Big Mac Index	$2.45		[27th of 65]
DEFINITION: Price of a McDonald's Big Mac in US Dollars at current exchange rates. January 12th, 2006.
SOURCE: World Development Indicators database
Claims on private sector > annual growth as % of M2	34.42 annual growth as % of M2		[15th of 163]
DEFINITION: Claims on private sector (IFS line 32d) include gross credit from the financial system to individuals, enterprises, nonfinancial public entities not included under net domestic credit, and financial institutions not included elsewhere. Money and quasi money (M2) comprise the sum of currency outside banks, demand deposits other than those of the central government, and the time, savings, and foreign currency deposits of resident sectors other than the central government.		View time series
SOURCE: The Economist.
Deposit interest rate > %	3.6 %		[117th of 163]
DEFINITION: Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits.		View time series
SOURCE: World Development Indicators database
Economic freedom	2.8		[25th of 156]
DEFINITION: Index of 'economic freedom', according to the American organisation 'The Heritage Foundation'. It is worth noting that such indices are based on highly culturally contingent factors. This data makes a number of assumptions about 'freedom' and the role of the government that are not accepted by much of the world's population. A broad discussion of The Heritage Foundation's definition and methodology can be found at http://www.heritage.org/research/features/index/ChapterPDFs/chapter5.HTML.
SOURCE: World Development Indicators database
Exports to US	$344,500,000.00		[62nd of 224]
DEFINITION: in US dollars. Jan 2003 - March 2003
SOURCE: The Heritage Foundation
GDP growth > annual %	8.5 annual %		[19th of 187]
DEFINITION: Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.		View time series
SOURCE: US Census Bureau
GDP per capita, PPP > current international $	25,513.56 PPP $		[26th of 169]
DEFINITION: GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars.		View time series
SOURCE: World Development Indicators database
Gross fixed capital formation > constant 2000 US$	19,396,810,000 constant 2000 US$		[38th of 145]
DEFINITION: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2000 U.S. dollars.		View time series
SOURCE: World Development Indicators database
Gross National Income	$49,205,100,000.00		[44th of 172]
DEFINITION: GNI, Atlas method (current US$). GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and prop).
SOURCE: World Development Indicators database
Human Development Index	0.849		[41st of 178]
DEFINITION: The human development index values in this table were calculated using a consistent methodology and consistent data series. They are not strictly comparable with those in earlier Human Development Reports.
Income category	High income: nonOECD
DEFINITION: World Bank income categories are used
SOURCE: Human Development Report 2006, United Nations Development Programme
Inflation > Duration 2000-2003	2.3
DEFINITION: Approximate average inflation rate 200-2003.
SOURCE:
Informal economy	26.4%		[70th of 104]
DEFINITION: The easiest definition of the informal economy is: Street traders and street vendors; Itinerant or seasonal or temporary job workers on building sites or road work; and those in between the streets and home,(e.g. waste collectors)
SOURCE: IMF, World Economic Outlook Database
Services, etc., value added > constant 2000 US$	43,842,650,000 constant 2000 US$		[37th of 164]
DEFINITION: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant 2000 U.S. dollars.		View time series
SOURCE: World Bank
Stock exchange	Dubai Financial Market
DEFINITION: The nation's major stock exchange.
SOURCE: World Development Indicators database
Total reserves minus gold > current US$	21,010,300,000 $		[34th of 178]
DEFINITION: Total reserves minus gold comprise special drawing rights, reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities. Gold holdings are excluded. Data are in current U.S. dollars.		View time series
SOURCE: Global Edge
Tourist arrivals by region of origin > Africa	306,872		[14th of 142]
SOURCE: World Development Indicators database		View time series
Tourist arrivals by region of origin > Europe	1,584,792		[36th of 195]
SOURCE: Source: World Tourism Organization Statistics Database and Yearbook | United Nations World Tourism Organization		View time series
Trade balance with US	$658,200,000.00		[5th of 224]
DEFINITION: In US dollars. Jan 2003 - March 2003
SOURCE: Source: World Tourism Organization Statistics Database and Yearbook | United Nations World Tourism Organization

Related links:

• Forum discussion > Economy
• Looking for Information on the U.S. Economy? Check out StateMaster
• Stay updated with current stat feeds! Subscribe to the Economy RSS / Atom feeds
•  Subscribe to our popular Economy factoids RSS / Atom feeds
• Save this page on  del.icio.us / furl / your bookmarks

More facts and figures on United Arab Emirates