UAE
PROFILE :
Introduction
U.A.E. has a relatively broad
economic base, built on Dubai’s entrepot trade and Abu Dhabi’s
oil industry. In 2001, the GDP of U.A.E. at current prices was
estimated at USD 58.9 Billion. Out of the 7 emirates that constitute
U.A.E., Abu Dhabi accounts for 61.1 % of G.D.P. and Dubai for
24 %. Sharjah is in the third position at 8.4 % and the four
northern emirates (Ajman, Fujairah, Ras Al Khaimah and Umm Al
Quwain) put together account for 6.5 % of the GDP.
Economic Highlights
Population: 3, 250, 000 (2001
Estimate). Growth rate 5.0%
Per capita income: Dhs 71,615 (USD 19,514) (2001)
Gross Domestic Product: Dhs 222.98 Billion (2000).
Contribution by oil sector to GDP : Dhs 75.62 Billion (33.9
%)
Contribution by non oil sector to GDP: Dhs 147.36 Bn. (66.1
%)
Currency & Rate of Exchange
: Dirham (AED)
Pegged to US Dollar @ 1USD = AED 3.67
Balance of Payments Position
in 2001 :
Major Contributors to GDP from
non oil sector (2000) :
-
Manufacturing : Dhs 24.80
Billion
-
Trade (wholesale / retail)
& Maintenance : Dhs 22.65 Billion
-
Real Estate & business
services : Dhs 17.91 Billion
-
Construction : Dhs 16.60
Billion
-
Transport, Storage &
Communications : Dhs 15.17 Billion
-
Finance & Insurance :
Dhs 12.66 Billion
-
Agriculture : Dhs 6.72 Billion
-
Tourism ( Hotels & Restaurants
) : Dhs 3.82 Billion
-
Government Services &
Utilities : Dhs 25.69 Billion.
For details on Socio Economic
trends, information on specific sectors, please contact us
