United Arab Emirates [+]Compare [E]dit [H]istory

Aliases: Al Imarat al Arabiyah al Muttahidah, Trucial Oman, Trucial States

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Object «United Arab Emirates» has attributes

Attribute Value
Geography
Area 83,600 km²
Continent Asia
Land area 83,600 km²
Water area 0 km²
Land boundaries 1,066 km
Border countries
  • Oman
  • Saudi Arabia
Coastline 1,318 km
Mean elevation 149 m
Lowest point 0 m
Highest point 1,527 m
People
Population 9,992,083
Official languages
  • Arabic
Religion Muslim
Government
Long country name United Arab Emirates
Short country name Add
Long local name Al Imarat al Arabiyah al Muttahidah
Short local name Add
Former name
  • Trucial Oman
  • Trucial States
Government type Federation of monarchies
Capital Abu Dhabi
Economy
GDP (PPP) 696,000,000,000 USD
GDP (OER) 382,600,000,000 USD
GDP (real growth rate) 0.8 %
GDP - per capita (PPP) 68,600 USD
Gross national saving 28.5 % of GDP
Labor force 5,344,000
Unemployment rate 1.6 %
Population below poverty line 19.5 %
Budget revenues 110,200,000,000 USD
Budget expenditures 111,100,000,000 USD
Military expenditures 5.7 % of GDP
Taxes and other revenues 28.8 % of GDP
Budget surplus or deficit -0.2 % of GDP
Public debt 19.7 % of GDP
Inflation rate 2 %
Central bank discount rate Add
Commercial bank prime lending rate 6 %
Stock of narrow money 134,000,000,000 USD
Stock of broad money 134,000,000,000 USD
Stock of domestic credit 395,500,000,000 USD
Market value of publicly traded shares 195,900,000,000 USD
Current account balance 26,470,000,000 USD
Exports 308,500,000,000 USD
Imports 229,200,000,000 USD
Reserves of foreign exchange and gold 95,370,000,000 USD
External debt 237,600,000,000 USD
National currency Emirati dirhams
National currency (code) AED
National currency (symbol) د.إ
National currency rate to USD 3.673

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). They were joined in 1972 by Ra's al Khaymah. 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 of 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 is a key partner in a Saudi-led military campaign in Yemen.

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There was one edit, no edits waiting approval. Last edited by wilkinson.michael(9581), Sep 16, 2019 (61 fields were changed)
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