Converter UAE Dirham (exchange rate AED)

UAE Dirham

• iso 4217: AED
• United Arab Emirates (Asia)

United Arab Emirates Current Account

The United Arab Emirates reported a current account surplus equivalent to 41.3 Billion AED in 2010. Although United Arab Emirates is becoming less dependent on natural resources as a source of revenue, petroleum and natural gas exports still play an important role in the economy. The country imports mostly machinery and transport equipment, chemicals and food. Its main trading partners are: Japan, China, European Union and India. This page includes: United Arab Emirates Current Account chart, historical data and news.

source: Central Bank of the UAE

United Arab Emirates Imports

UAE imports were worth 593 Billion AED in 2010. United Arab Emirates imports mostly machinery and transport equipment, chemicals and food. Its main import partners are: European Union (Germany, United Kingdom, Italy), China, India, United States and Japan. This page includes: United Arab Emirates Imports chart, historical data and news.

source: Central Bank of the UAE

United Arab Emirates Balance of Trade

The United Arab Emirates reported a balance of trade surplus equivalent to 187 Billion AED in 2010. Although The United Arab Emirates is becoming less dependent on natural resources as a source of revenue, petroleum and natural gas exports still play an important role in the economy. The country imports mostly machinery and transport equipment, chemicals and food. Its main trading partners are: Japan, China, European Union and India. This page includes: United Arab Emirates Balance of Trade chart, historical data and news.

source: Central Bank of the UAE

United Arab Emirates Exports

UAE exports were worth 779 Billion AED in 2010. Although the United Arab Emirates is becoming less dependent on natural resources as a source of revenue, petroleum and natural gas exports still play an important role in the economy. UAE main export partners are: Japan, China and Iran. This page includes: United Arab Emirates Exports chart, historical data and news.

source: Central Bank of the UAE

United Arab Emirates GDP Growth Rate

The Gross Domestic Product (GDP) in the United Arab Emirates expanded 3.3 percent in 2011. Historically, from 2000 until 2010 the United Arab Emirates' average quarterly GDP Growth was 6.19 percent reaching an historical high of 11.90 percent in December of 2003 and a record low of -1.60 percent in December of 2009. The United Arab Emirates 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. This page includes: United Arab Emirates GDP Growth Rate chart, historical data, forecasts and news. Data is also available for United Arab Emirates GDP Annual Growth Rate, which measures growth over a full economic year.

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United Arab Emirates Unemployment Rate

The unemployment rate in the United Arab Emirates was last reported at 4.3 percent in 2010. From 1999 until 2004 the United Arab Emirates' Unemployment Rate averaged 14.75 percent reaching an historical high of 20.60 percent in December of 2004 and a record low of 10.00 percent in December of 2000. The labour force is defined as the number of people employed plus the number unemployed but seeking work. The nonlabour force includes those who are not looking for work, those who are institutionalised and those serving in the military. This page includes: United Arab Emirates Unemployment Rate chart, historical data and news.

source: Central Bank of the UAE

United Arab Emirates Interest Rate

The benchmark interest rate in the United Arab Emirates was last reported at 1 percent. in the United Arab Emirates the interest rates decisions are taken by the Central Bank of the United Arab Emirates. The official interest rate since November 2007 is overnight repurchase rate. From 2006 until 2010 the United Arab Emirates' average interest rate was 3.11 percent reaching an historical high of 5.53 percent in December of 2006 and a record low of 1.46 percent in November of 2009. This page includes: United Arab Emirates Interest Rate chart, historical data and news.

source: Central Bank of the UAE

United Arab Emirates Inflation Rate

The inflation rate in United Arab Emirates was last reported at 0.6 percent in March of 2012. From 2002 until 2007, the average inflation rate in United Arab Emirates was 6.27 percent reaching an historical high of 11.10 percent in December of 2007 and a record low of 2.90 percent in December of 2002. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy. This page includes: United Arab Emirates Inflation Rate chart, historical data and news.

source: Ministry of Economy

United Arab Emirates GDP Annual Growth Rate

The Gross Domestic Product (GDP) in the United Arab Emirates expanded 3.3 percent in 2011. Unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment. Historically, from 2000 until 2010 the United Arab Emirates' average annual GDP Growth was 6.19 percent reaching an historical high of 11.90 percent in December of 2003 and a record low of -1.60 percent in December of 2009. This page includes: United Arab Emirates GDP Growth Rate chart, historical data, forecasts and news. Data is also available for United Arab Emirates GDP Quarterly Growth Rate, which measures growth over the previous quarter.

source: Ministry of Economy

United Arab Emirates Government Budget

The United Arab Emirates reported a government budget deficit equivalent to 0.6 percent of GDP in 2010. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page includes: United Arab Emirates Government Budget chart, historical data and news.

source: Central Bank of the UAE

United Arab Emirates GDP per capita

The GDP per capita in the United Arab Emirates was last reported at 21088 US dollars in December of 2010, according to the World Bank. Previously, the GDP per capita in the United Arab Emirates standed at 22507 US dollars in December of 2009. The GDP per capita in the United Arab Emirates is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. Historically, from 1973 until 2010, the United Arab Emirates' average GDP Per Capita was 30949.17 dollars reaching an historical high of 49329.20 dollars in December of 1973 and a record low of 20766.25 dollars in December of 1988. This page includes a chart with historical data for the United Arab Emirates' GDP Per Capita.

source: World Bank

United Arab Emirates GDP per capita PPP

The GDP per capita, adjusted by purchasing power parity, in the United Arab Emirates was last reported at 47215 US dollars in December of 2010, according to the World Bank. Previously, the GDP per capita PPP in the United Arab Emirates standed at 49987 US dollars in December of 2009. The GDP per capita PPP in the United Arab Emirates is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. Historically, from 1980 until 2010, the United Arab Emirates' average GDP per capita PPP was 45483.87 dollars reaching an historical high of 68638.70 dollars in December of 2004 and a record low of 28471.23 dollars in December of 1988. This page includes a chart with historical data for the United Arab Emirates' GDP per capita PPP.

source: World Bank

United Arab Emirates Population

The total population in the United Arab Emirates was last reported at 4.7 million people in 2010 from 0.1 million in 1960, changing 5011 percent during the last 50 years. The United Arab Emirates has 0.07 percent of the world´s total population which means that one person in every 1500 people on the planet is a resident of the United Arab Emirates. This page includes a chart with historical data for the United Arab Emirates's Total Population.

source: World Bank

United Arab Emirates Government Debt To GDP

The Government Debt in the United Arab Emirates was last reported at 21.0 percent of the country´s GDP. From 1999 until 2010, the United Arab Emirates' average Government Debt to GDP was 8.44 percent reaching an historical high of 22.50 percent in December of 2009 and a record low of 2.70 percent in December of 2001. Generally, Government debt as a percent of GDP is used by investors to measure the United Arab Emirates' ability to make future payments on its debt, thus affecting the United Arab Emirates' borrowing costs and government bond yields. This page includes a chart with historical data for the United Arab Emirates' General Government Gross Debt as a percent of GDP.

source: International Monetary Fund

United Arab Emirates GDP

The United Arab Emirates Gross Domestic Product is worth 230 billion dollars or 0.37% of the world economy, according to the World Bank. Historically, from 1973 until 2009 the United Arab Emirates' average Gross Domestic Product was 59.02 billion dollars reaching an historical high of 261.35 billion dollars in December of 2008 and a record low of 2.85 billion dollars in December of 1973. The United Arab Emirates 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. This page includes: United Arab Emirates Gross Domestic Product (GDP) chart, historical data, forecasts and news.

source: The World Bank Group

datas from tradingeconomics.com

17 May 2012 ► Converter UAE Dirham ► Free online currency conversion based on exchange rates. Currency converter