Israel vs the United Arab Emirates: Economic Indicators Comparison

The United Arab Emirates with a GDP of $414.2B ranked the 31st largest economy in the world, while Israel ranked 34th with $370.6B. By GDP 5-years average growth and GDP per capita, the United Arab Emirates and Israel ranked 92nd vs 73rd and 22nd vs 26th, respectively.

Gross Domestic Product & Income

StatIsraelUnited Arab Emirates
GDP$370.6B$414.2B
GDP growth, 1 year3.3%1.7%
GDP growth, 5-years average3.4%3%
Population9.1M9.4M
GDP per capita$42k$43k
GDP per capita growth1.47%0.21%
Purchasing Power Parity conversion factor3.752.1
Price level ratio of PPP conversion factor GDP to market exchange rate1.040.57
GDP per capita, PPP adjusted$38k$69k
GNI, Atlas method$363.6B$393.7B
GNI per capita$41k$41k
GNI, PPP adjusted$354.8B$726.5B
GNI per capita, PPP adjusted$40k$75k

Financial system and Human development

StatIsraelUnited Arab Emirates
Income Tax Rate48%0%
Corporate Tax Rate23%0%
Inflation, consumer prices0.8%3.1%
Inflation, GDP deflator1.2%7.8%
Unemployment4%2.6%
Economic Freedom Index7476.2
Personal Freedom Index7.645.58
Human Freedom Index7.416.56
Property Rights Index82.380.3
Judical Effectiveness Index71.884.6
Business Freedom Index72.278.6
Fiscal Health Index89.294.1
Labor Freedom Index64.481.3
Investment Freedom Index7540
Financial Freedom Index7060
Trade Freedom Index86.280.4
Monetary Freedom Index84.979.6
Government Spending Index53.572.1
Tax Burden Index6199.2
Government Integrity Index77.264.6
Corruption Perceptions Index6170
Life expectancy at birth, years82.677.6
Suicide mortality rate, per 100,000 people5.42.8
Mortality caused by road traffic injury, per 100,000 people4.218.1
Intentional homicides, per 100,000 people1.40.5
International tourism, number of arrivals4.1M21.3M

Government debt & reserves

StatIsraelUnited Arab Emirates
Central government debt, % of GDP59.6%18.7%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNI15.6%N/A
Gross savings, % of GDP24.4%N/A
Gross capital formation, % of GDP21.8%22.4%
Total reserves including gold$115.3B$99.5B
Foreign direct investment net inflows$20.8B$10.4B

Exports, imports and economic structure

StatIsraelUnited Arab Emirates
Exports of goods and services, % of GDP29.4%93.9%
Imports of goods and services, % of GDP29%68%
Current account balance (balance of payments)$9.3BN/A
Revenue excluding grants, % of GDP31.8%3.5%
Grants excluding technical cooperation, BoP$533.6M$950k
Personal remittances received$939.6MN/A
Industry including construction value added, % of GDP19.4%46.8%
Agriculture, forestry and fishing value added, % of GDP1.1%0.7%
Charges for the use of intellectual property, payments BoP$1.4BN/A
Charges for the use of intellectual property, receipts BoP$1.3BN/A
Expense, % of GDP37%4%
Government Expenditure, % of GDP39.4%30.5%

Compare with countries close by GDP per capita

Israel vs

CountryGDP
per capita
Population
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M

United Arab Emirates vs

CountryGDP
per capita
Population
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Malta
$30k
465k
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M