Indicators of economy in United Arab Emirates

ARE · Middle East, North Africa, Afghanistan & Pakistan /

Location

GDP per capita: 49,378 USD (PPP: 77,959 intl$) (2024)

Income and purchasing power

The average monthly income in United Arab Emirates is 4,125 USD per month. This compares to prices and purchasing power compared to the United States.

Compare cost of living and purchasing power →

Cost of Living

Cost of living indices are relative to New York City (NYC = 100). Lower index means lower costs. Data as of November 2025.

Cost of Living Index
65.0
Est. monthly cost: $2,275
35.0% cheaper than NYC
Rent Index
48.0
1-bedroom, center: $1,344/month
52.0% cheaper than NYC
Groceries Index
58.0
Per person/month: $261
42.0% cheaper than NYC
Restaurant Price Index
62.0
Mid-range meal: $14
Purchasing Power Index
78.0
22.0% lower than NYC
(Higher is better)

How to read: All indices are relative to New York City (NYC = 100). An index of 70 means costs are 30% lower than NYC. Estimated prices are calculated based on NYC reference prices.

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Economic performance 2024

Indicator Value Per Capita
Gross National Product (GNI) 49,500 USD
GDP (PPP) 77,959 intl$

Largest economic sectors

The main economic sectors in United Arab Emirates play a crucial role in the country's economic development and prosperity. These industries contribute significantly to GDP, employment, and overall economic stability.

Primary Sectors

  • Banking and financial services
  • Construction and real estate
  • Manufacturing (metals, steel)
  • Information technology

Supporting Sectors

  • Logistics and transportation
  • Tourism and hospitality
  • Agriculture and food processing
  • Energy and utilities

Note: Detailed sector breakdown data is being collected and will be updated soon.

Imports and Exports 2024

Indicator United Arab Emirates Per Capita

Household debt and deficits 2024

Indicator United Arab Emirates
Government debt 1.8% of GDP

Corruption in United Arab Emirates

The Corruption Perceptions Index (CPI) measures the perceived levels of public sector corruption. The scale ranges from 0 (highly corrupt) to 100 (very clean).

Corruption Perceptions Index
68.0
Year: 2024
Moderate
Scale: 0-100
Data source: Transparency International

Unemployment rates in percentages 1991 - 2024

The unemployment rate is calculated as the percentage of unemployed persons in the total labor force. Data source: ILOSTAT

Year Unemployment Rate (%)
2024 2.1%
2023 2.2%
2022 2.9%
2021 3.1%
2020 4.3%
2019 2.3%
2018 2.2%
2017 2.5%
2016 1.6%
2015 1.8%
2014 2.0%
2013 2.1%
2012 2.3%
2011 2.6%
2010 2.8%
2009 2.9%
2008 2.8%
2007 2.9%
2006 3.0%
2005 3.1%
2004 3.0%
2003 2.9%
2002 2.7%
2001 2.4%
2000 2.3%
1999 2.2%
1998 2.1%
1997 1.9%
1996 1.8%
1995 1.8%
1994 1.8%
1993 1.9%
1992 1.7%
1991 1.6%

Inflation rates in percentages 2009 - 2024

Year Inflation Rate (%)
2024 1.7%
2023 1.6%
2022 5.3%
2021 0.2%
2020 -2.1%
2019 -1.9%
2018 3.1%
2017 2.0%
2016 1.6%
2015 4.1%
2014 2.3%
2013 1.1%
2012 0.7%
2011 0.9%
2010 0.9%
2009 1.6%

Frequently Asked Questions

What is the GDP per capita of United Arab Emirates in 2024?

The GDP per capita of United Arab Emirates is 49,378 USD in 2024. When adjusted for purchasing power parity (PPP), the GDP per capita is 77,959 international dollars. This indicator measures the economic output per person and is a key metric for comparing economic prosperity across countries.

What are the main industries in United Arab Emirates?

The main economic sectors in United Arab Emirates include banking and financial services, construction and real estate, manufacturing (metals, steel), and information technology. Supporting sectors include logistics and transportation, tourism and hospitality, agriculture and food processing, and energy and utilities. These industries contribute significantly to GDP, employment, and overall economic stability.

What is the inflation rate in United Arab Emirates in 2024?

The inflation rate in United Arab Emirates is 1.7% in 2024. Inflation measures the rate at which the general level of prices for goods and services rises, eroding purchasing power. This data is updated regularly from reliable sources like the World Bank and IMF.

Explore key economic indicators of United Arab Emirates including GDP, inflation, unemployment, and trade data. This page provides up-to-date statistics and visual insights based on official international sources such as World Bank, IMF, and ILO.

Our comprehensive database allows you to compare United Arab Emirates's economic performance with other countries and understand global economic trends. Access current economic indicators, historical data, and comparative analysis to gain a deeper understanding of United Arab Emirates's economic landscape. For demographic data, visit our population statistics section.

Data Sources

All economic data presented on this page is sourced from reputable international organizations and updated regularly.

  • World Bank: GDP, inflation, unemployment, trade, and economic indicators
  • IMF (International Monetary Fund): Economic indicators and financial statistics
  • OECD: Economic and social statistics
  • Transparency International: Corruption perception index
  • Numbeo: Cost of living data

Data is updated monthly. Last update: December 2025