What is the GDP per capita of UAE 2020?
approximately 38,661.18 U.S. dollars
Gross domestic product (GDP) per capita of the United Arab Emirates 2026. The statistic shows the United Arab Emirates’ (UAE) gross domestic product per capita from 1986 to 2026. In 2020, The estimated United Arab Emirates’ GDP amounted to approximately 38,661.18 U.S. dollars per capita.
Why does UAE have a high GDP per capita?
“The UAE’s economic strength is assessed as ‘very high,’ reflecting its very high income level, moderately large size, abundant hydrocarbon reserves with low cost of extraction, vibrant non-oil economy, and well-developed infrastructure.
Who has the highest GDP in 2014?
Comparisons to Other U.S. States With an estimated $2.31 trillion of GDP in 2014, California has the largest state-level economy in the U.S. due largely to its population, which ranks 1st among U.S. states. Texas ranks 2nd at $1.65 trillion. This means that California’s 2014 GDP was 40% bigger than that of Texas.
What is the GDP of UAE 2021?
Key economic plans announced by the UAE in 2021 included the 300bn industrial strategy to boost the sector’s contribution to national GDP to AED300 billion, compared to the current AED133 billion.
What is the 2014 GDP of each country?
GDP – Gross Domestic Product
| Countries | Date | Annual GDP |
|---|---|---|
| Israel [+] | 2014 | $310,945M |
| India [+] | 2014 | $2,039,130M |
| Iraq [+] | 2014 | $234,651M |
| Iran [+] | 2014 | $433,088M |
Which country has the highest GDP per capita 2014?
Gross domestic product per capita is sometimes used to describe the standard of living of a population, with a higher GDP meaning a higher standard of living. In 2014, Luxembourg, Norway, Qatar, and Switzerland reported the highest gross domestic product per capita worldwide, as can be seen in this statistic.
How do you calculate real GDP per capita?
The real Gross Domestic Product per person, or per capita, is calculated by first adjusting the nominal GDP of a country for inflation by dividing the nominal GDP by the deflator. The adjusted number, or real GDP, is then divided by the country’s population.
What is the population of the UAE?
The UAE is a federation of 7 emirates, each governed by a hereditary emir who together form the Federal Supreme Council. The estimated 2019 population of the UAE is 9.68 million, up from 2014’s estimate of 9.44 million.
What countries use GDP?
GDP is an important factor in reflecting the health of economy of a country. The best way to understand the economic growth and the position of a country is by knowing its GDP. The top countries by GDP are United States, China, Japan, Germany closely followed by United Kingdom, France & India.
What is the current US GDP?
GDP in the United States increased to 21433.20 USD Billion in 2019 from 20580.20 USD Billion in 2018. GDP in the United States averaged 7457.54 USD Billion from 1960 until 2019, reaching an all time high of 21433.20 USD Billion in 2019 and a record low of 543.30 USD Billion in 1960. This page provides – United States GDP – actual values, historical data, forecast, chart, statistics, economic