Saudi Arabia vs the United Arab Emirates: Economic Indicators Comparison
Saudi Arabia with a GDP of $786.5B ranked the 18th largest economy in the world, while the United Arab Emirates ranked 31st with $414.2B. By GDP 5-years average growth and GDP per capita, Saudi Arabia and the United Arab Emirates ranked 124th vs 92nd and 41st vs 22nd, respectively.
Gross Domestic Product & Income
| Stat |  Saudi Arabia |  United Arab Emirates |
|---|---|---|
| GDP | $786.5B | $414.2B |
| GDP growth, 1 year | 2.2% | 1.7% |
| GDP growth, 5-years average | 2.2% | 3% |
| Population | 33M | 9.4M |
| GDP per capita | $23k | $43k |
| GDP per capita growth | 0.61% | 0.21% |
| Purchasing Power Parity conversion factor | 1.58 | 2.1 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 0.42 | 0.57 |
| GDP per capita, PPP adjusted | $56k | $69k |
| GNI, Atlas method | $727.8B | $393.7B |
| GNI per capita | $22k | $41k |
| GNI, PPP adjusted | $1.9T | $726.5B |
| GNI per capita, PPP adjusted | $56k | $75k |
Financial system and Human development
| Stat | Saudi Arabia | United Arab Emirates |
|---|---|---|
| Income Tax Rate | 2.5% | 0% |
| Corporate Tax Rate | 2.5% | 0% |
| Inflation, consumer prices | 2.5% | 3.1% |
| Inflation, GDP deflator | 11.5% | 7.8% |
| Unemployment | 5.9% | 2.6% |
| Economic Freedom Index | 62.4 | 76.2 |
| Personal Freedom Index | 4.65 | 5.58 |
| Human Freedom Index | 5.66 | 6.56 |
| Property Rights Index | 64.6 | 80.3 |
| Judical Effectiveness Index | 72.3 | 84.6 |
| Business Freedom Index | 66.6 | 78.6 |
| Fiscal Health Index | 19.3 | 94.1 |
| Labor Freedom Index | 63.3 | 81.3 |
| Investment Freedom Index | 45 | 40 |
| Financial Freedom Index | 50 | 60 |
| Trade Freedom Index | 75.4 | 80.4 |
| Monetary Freedom Index | 81 | 79.6 |
| Government Spending Index | 61.8 | 72.1 |
| Tax Burden Index | 99.8 | 99.2 |
| Government Integrity Index | 49.6 | 64.6 |
| Corruption Perceptions Index | 49 | 70 |
| Life expectancy at birth, years | 74.9 | 77.6 |
| Suicide mortality rate, per 100,000 people | 3.2 | 2.8 |
| Mortality caused by road traffic injury, per 100,000 people | 28.8 | 18.1 |
| Intentional homicides, per 100,000 people | 1.3 | 0.5 |
| International tourism, number of arrivals | 15.3M | 21.3M |
Government debt & reserves
| Stat | Saudi Arabia | United Arab Emirates |
|---|---|---|
| Central government debt, % of GDP | 19.1% | 18.7% |
| External debt stocks, % of GNI | N/A | N/A |
| External debt stocks | N/A | N/A |
| Short-term debt, % of total reserves | N/A | N/A |
| Total debt service, % of exports and primary income | N/A | N/A |
| Adjusted net savings including particulate emission damage, % of GNI | 13.4% | N/A |
| Gross savings, % of GDP | 33.2% | N/A |
| Gross capital formation, % of GDP | 24.2% | 22.4% |
| Total reserves including gold | $509.5B | $99.5B |
| Foreign direct investment net inflows | $4.2B | $10.4B |
Exports, imports and economic structure
| Stat | Saudi Arabia | United Arab Emirates |
|---|---|---|
| Exports of goods and services, % of GDP | 39.9% | 93.9% |
| Imports of goods and services, % of GDP | 26.7% | 68% |
| Current account balance (balance of payments) | $70.6B | N/A |
| Revenue excluding grants, % of GDP | 26.8% | 3.5% |
| Grants excluding technical cooperation, BoP | $290k | $950k |
| Personal remittances received | $334.9M | N/A |
| Industry including construction value added, % of GDP | 49.5% | 46.8% |
| Agriculture, forestry and fishing value added, % of GDP | 2.2% | 0.7% |
| Charges for the use of intellectual property, payments BoP | N/A | N/A |
| Charges for the use of intellectual property, receipts BoP | N/A | N/A |
| Expense, % of GDP | 28% | 4% |
| Government Expenditure, % of GDP | 35.7% | 30.5% |
