The United Arab Emirates vs the United Kingdom: Economic Indicators Comparison

The United Kingdom with a GDP of $2.9T ranked the 5th 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, the United Kingdom and the United Arab Emirates ranked 126th vs 92nd and 23rd vs 22nd, respectively.

Gross Domestic Product & Income

StatUnited Arab EmiratesUnited Kingdom
GDP$414.2B$2.9T
GDP growth, 1 year1.7%1.4%
GDP growth, 5-years average3%2.1%
Population9.4M66M
GDP per capita$43k$43k
GDP per capita growth0.21%0.73%
Purchasing Power Parity conversion factor2.10.7
Price level ratio of PPP conversion factor GDP to market exchange rate0.570.93
GDP per capita, PPP adjusted$69k$46k
GNI, Atlas method$393.7B$2.8T
GNI per capita$41k$42k
GNI, PPP adjusted$726.5B$3T
GNI per capita, PPP adjusted$75k$45k

Financial system and Human development

StatUnited Arab EmiratesUnited Kingdom
Income Tax Rate0%45%
Corporate Tax Rate0%20%
Inflation, consumer prices3.1%2.5%
Inflation, GDP deflator7.8%1.9%
Unemployment2.6%4%
Economic Freedom Index76.279.3
Personal Freedom Index5.589.08
Human Freedom Index6.568.55
Property Rights Index80.392.2
Judical Effectiveness Index84.682.7
Business Freedom Index78.694.7
Fiscal Health Index94.178.1
Labor Freedom Index81.373.1
Investment Freedom Index4080
Financial Freedom Index6080
Trade Freedom Index80.486.4
Monetary Freedom Index79.680.3
Government Spending Index72.149.5
Tax Burden Index99.264.7
Government Integrity Index64.689.9
Corruption Perceptions Index7080
Life expectancy at birth, years77.681.2
Suicide mortality rate, per 100,000 people2.88.9
Mortality caused by road traffic injury, per 100,000 people18.13.1
Intentional homicides, per 100,000 people0.51.2
International tourism, number of arrivals21.3M36.3M

Government debt & reserves

StatUnited Arab EmiratesUnited Kingdom
Central government debt, % of GDP18.7%86.9%
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/A5.5%
Gross savings, % of GDPN/A13.4%
Gross capital formation, % of GDP22.4%17.3%
Total reserves including gold$99.5B$172.7B
Foreign direct investment net inflows$10.4B$35.1B

Exports, imports and economic structure

StatUnited Arab EmiratesUnited Kingdom
Exports of goods and services, % of GDP93.9%30%
Imports of goods and services, % of GDP68%31.8%
Current account balance (balance of payments)N/A-$123.1B
Revenue excluding grants, % of GDP3.5%35.3%
Grants excluding technical cooperation, BoP$950kN/A
Personal remittances receivedN/A$4.4B
Industry including construction value added, % of GDP46.8%17.5%
Agriculture, forestry and fishing value added, % of GDP0.7%0.6%
Charges for the use of intellectual property, payments BoPN/A$13.5B
Charges for the use of intellectual property, receipts BoPN/A$21.7B
Expense, % of GDP4%36%
Government Expenditure, % of GDP30.5%41%

Compare with countries close by GDP per capita

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
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
Taiwan
$25k
23.6M

United Kingdom vs

CountryGDP
per capita
Population
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
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
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M