Positioned as an important economy of Middle East, The United Arab Emirates (UAE) represents seven emirates including Abu Dhabi, Ajman, Dubai, and Fujairah, Ras al-Khaimah, Sharjah and Umm al-Quwain. President and Vice President Selections are based on Federal Supreme Council. UAE is known for its oil reserves where it stands on 7th place in World ranking also in natural gas reserves country holds 17th place in worldwide ranking.
In Gulf Council, UAE economy is known to be most diversified with its strongest country Dubai which is acknowledged for its business worldwide and trade of petroleum and natural gas. In GCC region, UAE falls on second place considering largest economy with GDP of USD 370 billion in 2015.
GDP Composition by End Use
Particulars Percentage (%)
Household Consumption 61.1%
Government Consumption 9.3%
Investment in Fixed Capital 29.7%
Investment in Inventories 0.7%
Exports of Goods and Services 81.5%
Imports of Goods and Services -82.3%
Source: CIA World face book
UAE economy has a major dependence on petroleum and natural gas with almost 80% of the revenue comes from oil exports. Dubai which is considered as business hub is one of the known tourist destination which act as a driving force to the economy of the country. Dubai tourism attracts various investment opportunities and has given boost to the real restate and hospitality sectors.
Reports tags
UAE Market Share
UAE Market Trends
UAE Market Future Outlook
UAE Market Research Reports
UAE Market Research Company
UAE Market Report Segmentations
UAE Market Size Research Reports
UAE Industry Competition Analysis
UAE Market Growth Reports
UAE Market Import Export Scenario
UAE Market Competitive Landscape
UAE Industry Developments
UAE Market Growth Reports
UAE Market Analysis Research Reports
Timeline of UAE Growth
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