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Economy United Arab Emirates
Flag of United Arab Emirates United Arab Emirates
Population: 2,484,818 (July 2003 est.)
Capital: Abu Dhabi
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Tabular Data - The Emirati Economy

GDP : purchasing power parity - $53 billion (2002 est.)
GDP - Real Growth Rate : 2.4% (2002 est.)
GDP - Per Capita : purchasing power parity - $22,000 (2002 est.)
GDP - Composition By Sector : agriculture: 3%
industry: 46%
services: 51% (2000 est.)
Inflation Rate (Consumer Prices) : 2.8% (2002 est.)
Labor Force : 1.6 million (2000 est.)
note: 73.9% of the population in the 15-64 age group is non-national (July 2002 est.)
Labor Force - By Occupation : services 78%, industry 15%, agriculture 7% (2000 est.)
Budget : revenues: $20 billion
expenditures: $22 billion, including capital expenditures of $NA (2000 est.)
Industries : petroleum, fishing, petrochemicals, construction materials, some boat building, handicrafts, pearling
Industrial Production Growth Rate : 4% (2000)
Electricity - Production : 37.74 billion kWh (2001)
Electricity - Production by Source : fossil fuel: 100%
hydro: 0%
nuclear: 0%
other: 0% (2001)
Electricity - Consumption : 35.1 billion kWh (2001)
Electricity - Exports : 0 kWh (2001)
Electricity - Imports : 0 kWh (2001)
Agriculture - Products : dates, vegetables, watermelons; poultry, eggs, dairy products; fish
Exports : $44.9 billion f.o.b. (2002 est.)
Exports - Commodities : crude oil 45%, natural gas, reexports, dried fish, dates
Exports - Partners : Japan 29.1%, South Korea 10.2%, India 5.4%, Oman 3.7%, Singapore 3.1%, Iran 2.2% (chiefly re-exports) (2001)
Imports : $30.8 billion f.o.b. (2002 est.)
Imports - Commodities : machinery and transport equipment, chemicals, food
Imports - Partners : US 6.7%, Germany 6.6%, Japan 6.5%, France 6.3%, China 6.1%, UK 5.9%, South Korea 5.5% (2001)
Debt - External : $18.5 billion (2002 est.)
Currency : Emirati dirham (AED)
Currency Code : AED
Exchange Rates : Emirati dirhams per US dollar - 3.6725 (2002), 3.6725 (2001), 3.6725 (2000), 3.6725 (1999), 3.6725 (1998)
Fiscal Year : Calendar Year

Country References
Country profile data for United Arab Emirates

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Data Source: Central Intelligence Agency 2004 World Factbook