Imports$185.6 billion (2011 est.)
Exports$252.6 billion (2011 est.)
Inflation rate (consumer prices)0.9% (2011 est.)
Unemployment rate2.4% (2001)
GDP - per capita (PPP)$48,800 (2011 est.)
National product real growth rate2.6% (2010 est.)
Internet users3.449 million (2009)
Telephones - mobile cellular10.926 million (2009)
Population growth rate3.055% (2012 est.)
Population5,314,317 (July 2012 est.)
The Trucial States of the Persian Gulf coast granted the UK control of their defense and foreign affairs in 19th century treaties.
In 1971, six of these states - Abu Zaby, 'Ajman, Al Fujayrah, Ash Shariqah, Dubayy, and Umm al Qaywayn - merged to form the United Arab Emirates (UAE).
They were joined in 1972 by Ra's al Khaymah....
The UAE has an open economy with a high per capita income and a sizable annual trade surplus.
Successful efforts at economic diversification have reduced the portion of GDP based on oil and gas output to 25%.
Since the discovery of oil in the UAE more than 30 years ago, the UAE has undergone a profound transformation from an impoverished region of small desert principalities to a modern state with a high standard of living....
The Economist Intelligence Unit
There will be little threat to domestic political stability in the UAE in the forecast period. Power in the emirates will be concentrated within the large ruling families, although relations within these ...
Country Forecasts is a 480-page perfect-bound volume published in April and October. This publication provides a four-page summary of forecasts and data for each of the 100 countries monitored by Political ...
We have revised down our GDP forecasts on the basis of our lower oil price forecast for the rest of this year and next. The lower oil price is expected to weigh on confidence and activity in the non-oil ...
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