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General profile: United Arab Emirates

GENERAL INFORMATION FOR 2023
Exchange rate
Population
Population
Exchange rates
GDP
GDP
10.642 Millions
..
501 373 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(q) 71 020 km²
1.62 %
2.84 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
-5.8 %
Merchandise exports growth rate in 2023
Total merchandise trade
(millions of US$)
2005
2010
2015
2023
Merchandise exports
117 287
(e) 214 000
300 477
(e) 485 706
Merchandise imports
84 654
(e) 165 000
263 417
(e) 468 302
Merchandise trade balance
32 633
(e) 49 000
37 059
(e) 17 404
Export structure by product group in 2023
(as % of total exports)
16 %16 %29 %29 %44 %44 %5 %5 %5 %5 %
Top 5 partners in 2023
(exports, millions of US$)
59 10249 86546 75135 95620 95959 10249 86546 75135 95620 959
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2023
Services exports
4 784
11 736
60 776
(e) 166 150
Services imports
19 367
42 100
81 879
(e) 109 600
Services trade balance
-14 584
-30 364
-21 103
(e) 56 550
Services exports by main category²
(as % of total services)
2005
2010
2015
2023
Transport
22.1
20.9
(e) 21.4
(e) 26.1
Travel
67.3
73.1
28.8
(e) 39.1
Other services
10.6
6.0
(e) 49.8
(e) 34.8
TRADE INDICES
More data on UNCTADstat
130136123105124123102971001071151079173698266571111231089110210610095100123125125125114104130116112
ECONOMIC TRENDS
More data on UNCTADstat
+2.8 %
Gross domestic product growth rate in 2023
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
GDP, current
182 978
300 189
370 275
501 373
GDP per capita, current US$
39 225
43 265
42 685
47 112
Real GDP growth, y-on-y, %
4.86
2.84
6.79
2.84
Current account balance, % of GDP
(e) 13.00
(e) 4.06
(e) 4.74
(e) 9.33
Exchange rate (/US$)
3.673
3.673
3.673
..
GDP by expenditure in 2022
(as % of total GDP)
42.311.623.8104.682.342.311.623.8104.682.3
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
+4.5 %
FDI outflows as % of GDP in 2023
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2023
FDI inflows
10 899.93
8 796.77
8 550.90
30 687.54
FDI outflows
3 750.30
2 015.00
16 691.60
22 328.11
Personal remittances, % of GDP
..
..
..
..
Financial flows trends
(millions of US$)
30 68822 73720 66719 88417 87510 38510 3549 6058 55111 0729 7659 5677 1528 7971 1345 06314 18712 80610 90010 0044 256951 184-506FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2023
Balance, % of GDP
15.42
6.20
14.98
(e) 21.62
Balance, % of imports
30.05
9.01
18.14
(e) 24.96
Normalized balance
0.131
0.043
0.083
(e) 0.111
Trade openness²
(sum of imports and exports as % of GDP)
195188180179174164180182180174171171157144148145135118118
LIVING AREA
Population by living area in 2023
(% of population)
Urban 88%Urban 88%Rural 12%Rural 12%
OTHER INDICATORS
More data on UNCTADstat
0.036 %
Share of the total world merchant fleet in 2023
Maritime transport indicators
 
2005
2010
2015
2023
Merchant fleet, national flag (thousands of DWT)
986
1 412
1 000
831
Container port throughput (TEU)
..
15 140 524
21 238 293
..
Information economy indicators
(as % of)
2005
2010
2015
2023
Share of ICT goods, % of total exports
4.30
..
2.51
..
Share of ICT goods, % of total imports
8.08
..
4.90
..
Share of workforce involved in the ICT sector
..
..
..
..
Source: UN Trade and Development, UNCTADstat (https://unctadstat.unctad.org/datacentre)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
q
Estimated. Data refers to 2020.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
No value reported or collected
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on the UNCTAD Data Hub do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in the UNCTAD Data Hub.
Generation date: 11 October 2024