ae United Arab Emirates 2020

Detailed economic analysis and indicators for 2020

Year 2020

Key Economic Indicators (2020)

GDP (Current USD)

$349.47 billion

↓ 16.39% vs 2019
GDP per Capita

$37,173.88

↓ 15.99% vs 2019
GDP Growth (Annual %)

-4.96%

↓ 6.07pp vs 2019
Inflation Rate (CPI %)

-2.08%

↓ 0.15pp vs 2019

Year-over-Year Comparison

Indicator 2019 2020 Change
GDP (Current USD) $417.99 billion $349.47 billion -16.39%
GDP per Capita $44,251.45 $37,173.88 -15.99%
GDP Growth (Annual %) 1.11% -4.96% -6.07pp
Inflation (CPI %) -1.93% -2.08% -0.15pp
Unemployment Rate (%) 2.33% 4.29% +1.96pp

All Economic Indicators (2020)

National Accounts
GDP (Current USD)
$349.47 billion
GDP per Capita
$37,173.88
GDP Growth (Annual %)
-4.96%
Gross National Income
$347.59 billion
Prices & Employment
Inflation (CPI %)
-2.08%
Inflation (GDP Deflator %)
-12.03%
Unemployment Rate (%)
4.29%
Interest Rate (Real %)
N/A
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
N/A
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2020, United Arab Emirates's Gross Domestic Product (GDP) is $349.47 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in United Arab Emirates for 2020 is $37,173.88. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in United Arab Emirates for 2020 is -2.08%. This measures the annual percentage change in the cost of consumer goods and services.

United Arab Emirates's annual GDP growth rate for 2020 is -4.96%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in United Arab Emirates for 2020 is 4.29%. This represents the percentage of the labor force that is unemployed and actively seeking employment.