| variable | 1980-1989 | 1990-1999 | 2000-2007 | 2008-2009 | 2010-2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| real gdp growth | 2.02 | 5.07 | 5.41 | 0.02 | 2.78 | 4.36 | 7.51 | 3.62 | 3.76 | 3.99 |
| CPI % | 4.16 | 3.65 | 6.59 | -1.92 | 1.17 | -0.11 | 4.83 | 1.62 | 1.74 | 2.1 |
| Current account balance/GDP % | 14.16 | 5.71 | 8.72 | 3.58 | 10.25 | 11.55 | 13.22 | 10.66 | 9.13 | 6.61 |
| Debt/GDP % | - | 3.92 | 5.11 | 19.97 | 21.76 | 36.29 | 32.06 | 32.44 | 32.11 | 32.82 |
Data derived from World Economic Outlook Database. To see main macroeconomic indicator in graphs click here
The Trucial States of the Persian Gulf coast granted the UK control of their defense and foreign affairs in 19th-century treaties. In 1971, six of these states -- Abu Dhabi, 'Ajman, Al Fujayrah, Ash Shariqah, Dubayy, and Umm al Qaywayn -- merged to form the United Arab Emirates (UAE). Ra's al Khaymah joined in 1972. The UAE's per-capita GDP is on par with those of leading West European nations. For more than three decades, oil and global finance drove the UAE's economy. In 2008-09, the confluence of falling oil prices, collapsing real estate prices, and the international banking crisis hit the UAE especially hard. The UAE did not experience the "Arab Spring" unrest seen elsewhere in the Middle East in 2010-11, partly because of the government's multi-year, $1.6-billion infrastructure investment plan for the poorer northern emirates, and its aggressive pursuit of advocates for political reform. The UAE in recent years has played a growing role in regional affairs. In addition to donating billions of dollars in economic aid to help stabilize Egypt, the UAE was one of the first countries to join the Defeat ISIS coalition, and to participate as a key partner in a Saudi-led military campaign in Yemen. In 2020, the UAE and Bahrain signed a peace agreement (the Abraham Accords) with Israel -- brokered by the US -- in Washington, D.C. The UAE and Bahrain thus became the third and fourth Middle Eastern countries, along with Egypt and Jordan, to recognize Israel.
Area: 83,600 km2
Climate: desert; cooler in eastern mountains
Natural resources: petroleum, natural gas
Groups: Emirati 11.6%, South Asian 59.4% (includes Indian 38.2%, Bangladeshi 9.5%, Pakistani 9.4%, other 2.3%), Egyptian 10.2%, Filipino 6.1%, other 12.8% (2015 est.)note: data represent the total population; as of 2019, immigrants make up about 87.9% of the total population, according to UN data
Languages: Arabic (official), English, Hindi, Malayalam, Urdu, Pashto, Tagalog, Persianmajor-language sample(s): كتاب حقائق العالم، المصدر الذي لا يمكن الاستغناء عنه للمعلومات الأساسية (Arabic)The World Factbook, the indispensable source for basic information.
Religions: Muslim 74.5% (official) (Sunni 63.3%, Shia 6.7%, other 4.4%), Christian 12.9%, Hindu 6.2%, Buddhist 3.2%, agnostic 1.3%, other 1.9% (2020 est.)note: data represent the total population; as of 2020, immigrants make up about 88.1% of the total population, according to UN data
Capital: Abu Dhabi
Government type: federation of monarchies
Chief of state: President MUHAMMAD BIN ZAYID Al Nuhayyan (since 14 May 2022)
Head of government: Prime Minister and Co-Vice President MUHAMMAD BIN RASHID Al Maktum (since 5 January 2006)cabinet: Council of Ministers announced by the prime minister and approved by the presidentelection/appointment process: president and vice president indirectly elected by the Federal Supreme Council -- composed of the rulers of the 7 emirates -- for a 5-year term (no term limits); prime minister appointed by the presidentmost recent election date: unscheduled election held on 14 May 2022, after the death of President KHALIFA bin Zayid Al-Nuhayyanelection results: 2022: MUHAMMAD BIN ZAYID Al-Nuhayyan elected president; Federal Supreme Council vote - NAexpected date of next election: 2027note: the Federal Supreme Council (FSC) is composed of the 7 emirate rulers and is the highest constitutional authority in the UAE; the FSC establishes general policies and sanctions federal legislation; meets 4 times a year; Abu Zaby (Abu Dhabi) and Dubayy (Dubai) rulers have effective veto power
Description: legislature name: Federal National Council (Majlis Watani Itihadi)legislative structure: unicameralnumber of seats: 40 (20 indirectly elected; 20 appointed)electoral system: other systemsscope of elections: full renewalterm in office: 4 yearsmost recent election date: 10/7/2023percentage of women in chamber: 50%expected date of next election: October 2027
Information derived by "The World Factbook 2021. Washington, DC: Central Intelligence Agency, 2021. https://www.cia.gov/the-world-factbook/"