United Arab Emirates FlagUnited Arab Emirates

God, Nation, President

 

General


Population: 5,628,805 (2014), 5,473,972 (2013)
Land Area: 83,600 sq km
Natural Resources: Petroleum, natural gas
Capital: Abu Dhabi
Political System: Federation
State Leader: Khalifa bin Zayed Al-Nahyan (November 3rd 2004)
Head of Government: Mohammed bin Rashid Al Maktoum (January 5th 2006)
Languages: Arabic, Persian, English, Hindi, Urdu
Currency: Emirati Dirham (AED)
Major Religions: Muslim 96%, Other 4%
Major Ethnicities: Emirati 19%, Other Arab and Iranian 23%, South Asian 50%, Other Expatriates (1982)
Life Expectancy: 77.09 years (2014), 76.91 years (2013)

Economy


GDP Official Exchange Rate: 390 billion (2013), 358.9 billion (2012)
GDP Purchasing Power Parity: 269.8 billion (2013), 275.8 billion (2012)
GDP Per Capita (PPP): 29,900 (2013), 29,600 (2012)
GDP Growth Rate: 4% (2013), 3.9% (2012)
GDP Structure: Agriculture 0.6%, Industry 61.1%, Services 38.2% (2013)
Labour Force By Occupation: Agriculture 7%, Industry 15%, Services 78% (2000)
Industries: Petroleum and petrochemicals, fishing, aluminum, cement, fertilizers, commercial ship repair, construction materials, boat building, handicrafts, textiles
Agriculture Products: Dates, vegetables, watermelons; poultry, eggs, dairy products; fish
Human Development Index: 0.827 (40th)(2014), 0.818 (41st)(2013)
Tourism Revenue: 1.594 billion (2004)
Unemployment Rate: 2.4% of GDP (2001)

MilitaryUnited Arab Emirates Map


Army Size: 50 500 (2004)
Budget: 0,9% of GDP (2005)

Current Situation

 

United Arab Emirates is located in the Middle East. United Arab Emirates is bordered by Oman and Saudi Arabia. The UAE's economy was at first mainly based on oil and natural gas revenues, but now it has diversified its economy and oil and natural gas play a lesser role. Presently there are billions in construction projects underway, these projects will lead to significantly increased levels of tourists.

(2014) The United Arab Emirates' economy continues to grow at a steady pace and this growth is expected to continue as the economy continues to be diversified away from its reliance on oil and gas.

Thoughts & Comments

 

Sources

CIA World Factbook: United Arab Emirates
Wikipedia: United Arab Emirates
http://hdrstats.undp.org/en/countries/profiles/ARE.html

Updated on: January 3rd, 2015