United Arab Emirates

Official Name: The United Arab Emirates
Sovereign Status: Sovereign Country
Government Type: Federation of Monarchies
Official Name (Local Language): Al Imarat al Arabiyah al Muttahidah
ISO Country Codes: AE : ARE
Internet Domain: .ae
Government Web Site: https://u.ae/en#/
Capital: Abu Dhabi Main Airports: Abu Dhabi International Airport, Dubai International Airport
Language(s): Arabic Population: 9,915,803
Currency: U.A.E. Dirham ISO Currency Code: AED
Telephone Dial In: +971 ID Prefix: 00



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United Arab Emirates

Government Website: https://u.ae/en#/
Sovereign Ratings: https://countryeconomy.com/ratings/united-arab-emirates
Central Bank: Central Bank of the United Arab Emirates
Currency USD Exchange Rate: 3.67315 Emirati dirhams (AED) per US dollar (2020 est.)
Unemployment Rate: 1.6% (2016 est.)
Population below poverty line: 19.5% (2003 est.)
Inflation Rate: -1.9% (2019 est.)
Prime Lending Rate: 6% (31-Dec-17 - Photius)
GDP: $653.067 billion (2021 est.)
GDP Pro Capita (PPP): $69,700 (2021 est.)
Currency Name: U.A.E. Dirham
Currency Code: AED
World Bank Classification: High-Income Economy

GDP Composition:

Agriculture: 0.7% dates, vegetables, watermelons; poultry, eggs, dairy products; fish
Industry: 44.6% petroleum and petrochemicals; fishing, aluminum, cement, fertilizers, commercial ship repair, construction materials, handicrafts, textiles
Services: 54.7%

Source: Central Intelligence Agency Factbook




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United Arab Emirates


Subject to Country Specific Sanctions? NO

The World Bank’s World Integrated Trade Solution

Business Language(s): Arabic; English
Customs & Excise: United Arab Emirates Federal Customs Authority
Development Bank(s): Asian Infrastructure Investment Bank; Islamic Development Bank; The European Bank for Reconstruction and Development;
National Standards Bureau: Emirates Authority for Standardization and Metrology
Competitive Ind’l Performance: 25/141 (2019) Corruption Perceptions Index: 27/180 (2022 Rank)
Ease of Doing Business: N/A Enabling Trade Index: 23/136 (2016)
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