Key Takeaways
- The UAE's GDP (PPP) in 2023 was estimated at $839.3 billion, reflecting a robust non-oil sector contribution of 72.5% to the economy
- UAE's real GDP growth rate in 2023 was 3.4%, driven by diversification efforts under Vision 2030
- Unemployment rate in UAE stood at 2.5% in 2023, with youth unemployment at 8.9% among nationals
- UAE's population as of mid-2023 was 9,516,871, with males comprising 68.9%
- Expatriates make up 88.52% of UAE's population in 2023, nationals 11.48%
- Median age in UAE is 33.9 years in 2023, with 0-14 years at 19.6%
- Total land area of UAE is 83,600 sq km, with 98.8% habitable
- UAE coastline length is 1,318 km along Arabian Gulf and Gulf of Oman
- Highest point is Jabal Yibir at 1,527 meters in Fujairah
- UAE ranks 1st in world for federal democracy index among monarchies in 2023
- UAE Federal National Council has 40 members, 20 elected, 20 appointed in 2023
- President Sheikh Mohamed bin Zayed Al Nahyan since 2022, re-elected 2023
- Adult literacy rate 95.8% in 2023
- PISA 2022 scores: Reading 417, Math 431, Science 435, above OECD average
- Healthcare expenditure 5.4% of GDP in 2023, $17 billion
The UAE economy thrives through diversification, low unemployment, and strong global investment.
Demographic Statistics
- UAE's population as of mid-2023 was 9,516,871, with males comprising 68.9%
- Expatriates make up 88.52% of UAE's population in 2023, nationals 11.48%
- Median age in UAE is 33.9 years in 2023, with 0-14 years at 19.6%
- Life expectancy at birth is 79.7 years overall (77.7 male, 81.8 female) in 2023
- Total fertility rate is 1.42 children per woman in 2023, below replacement level
- Urban population percentage is 87.3% in 2023, highest in Arab world
- Indian nationals form largest expat group at 3.5 million in 2023
- Pakistani expats number 1.7 million in UAE 2023
- Bangladeshi residents total 840,000 in 2023
- Emirati nationals population is 1.17 million in 2023
- Female Emiratis comprise 49.2% of national population in 2023
- Youth (15-24) population is 10.2% or 972,000 in 2023
- Net migration rate is 19.6 migrants per 1,000 population in 2023
- Population density is 118 people per sq km in 2023
- Literacy rate for population aged 15+ is 97.6% in 2023 (98.3% male, 96.9% female)
- Infant mortality rate is 5.1 deaths per 1,000 live births in 2023
- Obesity rate (BMI>30) among adults is 31.7% in 2023
Demographic Statistics Interpretation
Economic Indicators
- The UAE's GDP (PPP) in 2023 was estimated at $839.3 billion, reflecting a robust non-oil sector contribution of 72.5% to the economy
- UAE's real GDP growth rate in 2023 was 3.4%, driven by diversification efforts under Vision 2030
- Unemployment rate in UAE stood at 2.5% in 2023, with youth unemployment at 8.9% among nationals
- UAE's public debt was 34.2% of GDP in 2023, showcasing fiscal prudence amid global challenges
- Inflation rate (consumer prices) in UAE was 1.6% in 2023, lowest in the region due to currency peg to USD
- UAE's current account balance was a surplus of 7.8% of GDP in 2023, bolstered by trade surpluses
- Exports of goods and services in UAE reached $492.4 billion in 2023, with oil and petrochemicals comprising 45%
- Imports of goods and services totaled $412.1 billion in 2023, mainly machinery and consumer goods
- Foreign direct investment (FDI) inflows to UAE were $23.6 billion in 2023, highest in Middle East
- UAE's stock market capitalization (Dubai + Abu Dhabi) was $787 billion as of end-2023
- Corporate tax introduced at 9% on profits over AED 375,000 effective June 2023, first federal tax in decades
- UAE sovereign wealth funds manage over $1.7 trillion in assets as of 2023, including ADIA's $993 billion
- Non-oil trade volume hit AED 3 trillion (over $800 billion) in 2023, up 12.5% YoY
- UAE ranks 16th globally in Ease of Doing Business 2023 index with score 83.8/100
- Tourism contributed AED 178.9 billion to GDP in 2023, employing 866,000 people
- UAE's GDP per capita (nominal) was $53,916 in 2023, among world's highest
- Oil production averaged 4.2 million barrels per day in 2023, 95% of OPEC quota
- UAE's budget surplus was AED 22 billion in 2023, 1.8% of GDP
- Gold trade volume through Dubai reached 528 tonnes in 2023, valued at $34 billion
- UAE fintech sector grew 32% in 2023, with 350+ companies licensed
- Real estate transactions in Dubai totaled AED 411 billion in 2023, up 36% YoY
- UAE's merchandise trade balance surplus was $92 billion in 2023
- Renewable energy capacity reached 2.5 GW in 2023, targeting 50% clean energy by 2050
- UAE ranks 1st globally in average monthly salary for tech professionals at $7,200 in 2023
- Logistics performance index score 4.23/5 in 2023, ranking 7th worldwide
- UAE's banking assets grew to AED 3.9 trillion in 2023, up 9.2% YoY
- Competitiveness index (IMD 2023) ranked UAE 7th globally
Economic Indicators Interpretation
Geographical Features
- Total land area of UAE is 83,600 sq km, with 98.8% habitable
- UAE coastline length is 1,318 km along Arabian Gulf and Gulf of Oman
- Highest point is Jabal Yibir at 1,527 meters in Fujairah
- Lowest point is sea level at Persian Gulf
- Arable land constitutes 0.55% of total land area in 2023
- Forest area is 0.43% or 361 sq km in 2023
- Desert covers 80% of UAE territory, mainly Rub' al-Khali
- Annual rainfall average is 78 mm, ranging 100 mm in mountains to 50 mm coastal
- Average temperature in Dubai is 28.6°C yearly, summer highs 41°C
- UAE has 7 emirates: Abu Dhabi (67% area), Dubai (5%), Sharjah, Ajman, Umm Al Quwain, Ras Al Khaimah, Fujairah
- Abu Dhabi Emirate area is 67,340 sq km, largest in UAE
- Dubai Emirate land area 4,114 sq km including offshore islands
- Protected areas cover 4.6% of land, including 7 national parks
- UAE exclusive economic zone is 56,000 sq nautical miles
- Renewable water sources per capita 15 cubic meters/year, highly arid
- Coral reefs span 900 sq km around UAE coasts
- Mangrove forests cover 70 sq km, vital for coastal protection
- Hajar Mountains run 400 km along east coast
Geographical Features Interpretation
Political and Governmental Data
- UAE ranks 1st in world for federal democracy index among monarchies in 2023
- UAE Federal National Council has 40 members, 20 elected, 20 appointed in 2023
- President Sheikh Mohamed bin Zayed Al Nahyan since 2022, re-elected 2023
- UAE Constitution ratified 1971, amended 5 times latest 2011
- UAE ranks 22nd globally in Corruption Perceptions Index 2023 with score 69/100
- Women hold 50% seats in Federal National Council since 2019
- UAE has 545 municipalities across emirates in 2023
- Freedom House score 18/100 for political rights and civil liberties 2023
- UAE diplomatic missions: 133 embassies in Abu Dhabi
- Press Freedom Index rank 145/180 in 2023, score 38.8/100
- UAE military expenditure 5.7% of GDP in 2023, $22 billion
- Active military personnel 65,000 in 2023
- UAE joined UN in 1971, chairs Arab League 2019-2023 term
- Human Rights Watch reports 2023 on migrant worker protections via Wage Protection System covering 4M workers
- UAE federal budget 2024 approved at AED 71.5 billion expenditure
- 100% voter turnout in FNC elections 2023 for 20 seats
- UAE hosts 42 international organizations' offices in 2023
- Gender Gap Index rank 71/146 in 2023, score 0.715
Political and Governmental Data Interpretation
Social and Cultural Metrics
- Adult literacy rate 95.8% in 2023
- PISA 2022 scores: Reading 417, Math 431, Science 435, above OECD average
- Healthcare expenditure 5.4% of GDP in 2023, $17 billion
- 99.5% of population has access to improved drinking water in 2023
- 4.4 hospital beds per 1,000 people in 2023
- Physicians density 2.76 per 1,000 people in 2023
- UAE universities number 78 in 2023, enrolling 140,000 students
- Female tertiary enrollment 70.2% vs 58.9% male in 2023
- Happiness Index rank 22nd globally in 2023 World Happiness Report, score 6.57/10
- Mobile cellular subscriptions 192 per 100 people in 2023
- Internet users 99% of population in 2023, 9.4M users
- Ramadan fasting observed by 76% of population daily in 2023 survey
- UAE museums total 85 in 2023, attracting 12M visitors yearly
- Sports participation rate 60% among nationals in 2023
- Crime rate index 16.2/100 in 2023, among safest countries
- Labor force participation rate 74.2% in 2023
Social and Cultural Metrics Interpretation
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