United Arab Emirates
Analyst Library· Aug 2026Official Data — Live Indicators
Fetched from official statistical APIs (World Bank, OECD) — no AI estimation.
Overview
The United Arab Emirates (UAE), founded in 1971, is a federation of seven emirates that has transformed from a desert region into a global business hub, driven by its vast oil wealth and strategic location. The country operates as a federal monarchy with its president elected by the Federal Supreme Council. Known for its modern development, high urbanization, and significant economic growth, the UAE plays a pivotal role in regional trade, finance, and logistics. It is characterized by a hot desert climate with high temperatures and low rainfall.
Economy
gdp nominal
$621.55 billion (as of 2026)
gdp rank
30
gdp per capita
$54,214 (as of 2026)
gdp growth rate
3.1% (as of 2026)
inflation rate
2.04% (as of Dec 2025)
unemployment rate
2.2% (as of 2025)
fiscal deficit
Balanced budget for 2025 (approved)
major industries
Petroleum and petrochemicals, Tourism and hospitality, Trade and logistics, Financial services, Real estate and construction
top exports
Crude petroleum, Refined petroleum, Natural gas, Diamonds, Gold
top imports
Gold, Diamonds, Broadcasting equipment, Cars, Refined petroleum
major trading partners
India, China, Saudi Arabia, United States, Japan
economic outlook
The UAE economy grew 4% in 2024 and is projected to grow 4.4% in 2025. The government approved a balanced budget for 2025 with increased spending, indicating continued fiscal stability and investment.
Demographics
population
11574682
population rank
86
population growth rate
2.02%
median age
31.6 years
urbanization rate
85.82%
life expectancy
79.56 years
fertility rate
1.21
literacy rate
97.6%
ethnic groups
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religions
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age distribution
0 14: 14.45% · 15 64: 83.65% · 65 plus: 1.90%
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