Markets Actual Q4 Q1 Q2 Q3 2022
Currency 3.67 3.67 3.67 3.67 3.67 3.67
Stock Market (points) 8546.52 8302 8152 8006 7861 7581

Overview Actual Q4 Q1 Q2 Q3 2022
GDP Annual Growth Rate (%) -6.10 -3 2 2.3 2.6 2.8
Unemployment Rate (%) 5.00 4 3 2.7 2.7 2.7
Inflation Rate (%) 1.19 1 1.5 1.5 1.5 1.8
Interest Rate (%) 1.50 1.5 1.5 1.5 1.25 1.25
Balance of Trade (AED Million) 228900.00 500000 190000 180000 180000 300000
Current Account (AED Million) 77100.00 80000 90000 90000 90000 90000
Current Account to GDP (% of GDP) 5.90 4.3 5 5 5 5
Government Debt to GDP (% of GDP) 36.90 29 29 29 35 31
Government Budget (% of GDP) -0.80 -6 -6 -6 -2.6 -2.6
Manufacturing PMI (points) 55.70 54 53 53 53 53
Consumer Confidence (points) 133.00 113 113 113 113 111
Corporate Tax Rate (%) 0.00 0 0 0 0 0
Personal Income Tax Rate (%) 0.00 0 0 0 0 0

GDP Actual Q4 Q1 Q2 Q3 2022
GDP Annual Growth Rate (%) -6.10 -3 2 2.3 2.6 2.8
GDP (USD Billion) 421.14 400 400 400 400 425
GDP Constant Prices (AED Million) 1418875.32 1558613 1447253 1451509 1455766 1414846
Gross Fixed Capital Formation (AED Million) 286073.90 347580 291795 292654 293512 285261
GDP per capita (USD) 4028.96 41000 41000 41000 39000 41800
GDP per capita PPP (USD) 67119.15 65686 65686 65686 62000 66275

Labour Actual Q4 Q1 Q2 Q3 2022
Unemployment Rate (%) 5.00 4 3 2.7 2.7 2.7
Population (Million) 9.90 10.2 10.2 10.2 10.2 10.4
Employment Change (Percent) 2.00 2.1 2.1 2.1 2.1 3

Prices Actual Q4 Q1 Q2 Q3 2022
Inflation Rate (%) 1.19 1 1.5 1.5 1.5 1.8
Consumer Price Index CPI (points) 107.21 114 107 108 109 109
Food Inflation (%) 0.28 1 1.2 1.2 1.2 1.8
Inflation Rate Mom (%) 0.12 0.5 0.5 0.5 0.5 0.5
CPI Housing Utilities (points) 96.49 112 99.16 98.55 97.94 102
CPI Transportation (points) 114.99 116 116 117 117 118

Money Actual Q4 Q1 Q2 Q3 2022
Interest Rate (%) 1.50 1.5 1.5 1.5 1.25 1.25
Interbank Rate (%) 0.35 0.35 0.35 0.35 0.1 0.1
Money Supply M3 (AED Million) 1786880.00 1886731 1912123 1912123 1912123 1988301
Loan Growth (%) -1.60 3 3 3 3 3.5
Loans To Private Sector (AED Million ) 775617.00 755451 790265 794144 795783 776603

Trade Actual Q4 Q1 Q2 Q3 2022
Balance of Trade (AED Million) 228900.00 500000 190000 180000 180000 300000
Current Account (AED Million) 77100.00 80000 90000 90000 90000 90000
Current Account to GDP (% of GDP) 5.90 4.3 5 5 5 5
Imports (AED Million) 774100.00 800000 810000 820000 820000 890000
Exports (AED Million) 1003000.00 1000000 1000000 1000000 1000000 1190000
Gold Reserves (Tonnes) 55.26 15 15 15 15 15
Crude Oil Production (BBL/D/1K) 2833.00 2850 3000 3200 3100 3150
Weapons Sales (SIPRI TIV Million) 191.00 110 110 110 110 150
Foreign Direct Investment (AED Million) 50600.00 40000 40000 40000 40000 40000

Government Actual Q4 Q1 Q2 Q3 2022
Government Debt to GDP (% of GDP) 36.90 29 29 29 35 31
Government Budget (% of GDP) -0.80 -6 -6 -6 -2.6 -2.6
Government Spending (AED Million) 173763.70 167449 177239 177760 178282 173270

Taxes Actual Q4 Q1 Q2 Q3 2022
Corporate Tax Rate (%) 0.00 0 0 0 0 0
Personal Income Tax Rate (%) 0.00 0 0 0 0 0
Social Security Rate (%) 17.50 17.5 17.5 17.5 17.5 17.5
Social Security Rate For Companies (%) 12.50 12.5 12.5 12.5 12.5 12.5
Social Security Rate For Employees (%) 5.00 5 5 5 5 5
Sales Tax Rate (%) 5.00 5 5 5 5 5

Business Actual Q4 Q1 Q2 Q3 2022
Manufacturing PMI (points) 55.70 54 53 53 53 53
Changes in Inventories (AED Million) 61524.05 91000 91000 91000 91000 85000

Consumer Actual Q4 Q1 Q2 Q3 2022
Consumer Confidence (points) 133.00 113 113 113 113 111
Consumer Spending (AED Million) 483057.20 467824 492718 494168 495617 481685
Gasoline Prices (USD/Liter) 0.66 0.44 0.6 0.57 0.54 0.51
Consumer Credit (AED Million) 339770.00 357081 340560 347585 348604 324853


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. United Arab Emirates Forecast - was last updated on Wednesday, December 1, 2021.