Economy

The UAE leads the way as the strongest and most valuable brand in the Middle East and Africa, ranking 16th globally at $957 billion, according to the latest report by Brand Finance, the world’s leading independent brand valuation consultancy.

The United Arab Emirates has the most diversified economy in the Gulf Cooperation Council. The International Monetary Fund (IMF) projected a 3.9% growth in 2024 for the United Arab Emirates.

The UAE’s exports of goods and services reached $389.3 billion in 2019 according to the World Bank. The country is the world’s 16th largest exporter according to the World Trade Organization’s Report.

The UAE is the most competitive economy in the Middle East and North Africa according to the World Economic Forum’s Global Competitiveness Report 2019. The UAE is ranked 25th globally, improving by 2 positions from 2018. The survey ranks 141 countries in the index based on their performance in 12 key economic pillars; institutions, infrastructure, ICT adoption, macroeconomic stability, health, skills, product market, labor market, financial system, market size, …

The United Arab Emirates is ranked 16th among 190 economies in the World Bank’s Ease of Doing Business 2020 report. The country remains the strongest performer overall in the Middle East and North Africa region on the ease of doing business rankings.

The UAE’s annual GDP per capita has reached $43,103 in 2019. The UAE has most diversified GCC economy. The IMF projected growth for the UAE of 1.3% for 2021.