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 |
|
Coastline | 1,318 km |
Mean elevation | 149 m |
Lowest point | 0 m |
Highest point | 1,527 m |
People | |
Population | 9,992,083 |
Official languages |
|
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 |
|
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.