The Palestine 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 the Palestine ranked 125th with $14.6B. By GDP per capita, the United Arab Emirates and the Palestine ranked 22nd vs 132nd, respectively.

Gross Domestic Product & Income

StatPalestineUnited Arab Emirates
GDP$14.6B$414.2B
GDP growth, 1 year0.91%1.7%
GDP growth, 5-years averageN/A3%
Population4.7M9.4M
GDP per capita$3.2k$43k
GDP per capita growth-1.62%0.21%
Purchasing Power Parity conversion factor2.232.1
Price level ratio of PPP conversion factor GDP to market exchange rate0.620.57
GDP per capita, PPP adjusted$5.2k$69k
GNI, Atlas method$17B$393.7B
GNI per capita$3.7k$41k
GNI, PPP adjusted$27.4B$726.5B
GNI per capita, PPP adjusted$6k$75k

Financial system and Human development

StatPalestineUnited Arab Emirates
Income Tax RateN/A0%
Corporate Tax RateN/A0%
Inflation, consumer prices-0.2%3.1%
Inflation, GDP deflator-0.1%7.8%
Unemployment26.3%2.6%
Economic Freedom Index3076.2
Personal Freedom Index4.15.58
Human Freedom Index46.56
Property Rights IndexN/A80.3
Judical Effectiveness IndexN/A84.6
Business Freedom IndexN/A78.6
Fiscal Health IndexN/A94.1
Labor Freedom IndexN/A81.3
Investment Freedom IndexN/A40
Financial Freedom IndexN/A60
Trade Freedom IndexN/A80.4
Monetary Freedom IndexN/A79.6
Government Spending IndexN/A72.1
Tax Burden IndexN/A99.2
Government Integrity IndexN/A64.6
Corruption Perceptions Index1870
Life expectancy at birth, years73.777.6
Suicide mortality rate, per 100,000 people4.32.8
Mortality caused by road traffic injury, per 100,000 people19.518.1
Intentional homicides, per 100,000 people0.70.5
International tourism, number of arrivals606k21.3M

Government debt & reserves

StatPalestineUnited Arab Emirates
Central government debt, % of GDPN/A18.7%
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 GNIN/AN/A
Gross savings, % of GDP12.6%N/A
Gross capital formation, % of GDP24.2%22.4%
Total reserves including gold$537.8M$99.5B
Foreign direct investment net inflows$262.5M$10.4B

Exports, imports and economic structure

StatPalestineUnited Arab Emirates
Exports of goods and services, % of GDP19.9%93.9%
Imports of goods and services, % of GDP59.7%68%
Current account balance (balance of payments)-$1.7BN/A
Revenue excluding grants, % of GDP6.9%3.5%
Grants excluding technical cooperation, BoP$2.1B$950k
Personal remittances received$2.5BN/A
Industry including construction value added, % of GDP19.6%46.8%
Agriculture, forestry and fishing value added, % of GDP3.2%0.7%
Charges for the use of intellectual property, payments BoP$1.4MN/A
Charges for the use of intellectual property, receipts BoP$1.6kN/A
Expense, % of GDP8.3%4%
Government Expenditure, % of GDPN/A30.5%

Compare with countries close by GDP per capita

Palestine vs

CountryGDP
per capita
Population
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M

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
Israel
$42k
9.09M
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