Dorchester Investment Group



















Home About us Mediacast The UAE Newsletter Contact us

Facts and Figures


Political Structure:

Official Name -United Arab Emirates

Form of State -Federation of Seven Emirates: Abu Dhabi, Dubai, Sharjah, Ajman, Ras Al Khaimah, Umm al Qaiwain, and Fujairah

Legal System -Based on 1971 Constitution

The Government

President: Khalifa bin Zayed al Nahyan
Prime Minister & Vice-President:Mohammad bin Rashid al-Maktoum
Deputy Prime Ministers:Sultan bin Zayed Al Nahyan Hamdan bin Zayed Al Nahyan
Central Bank Governor:Sultan bin Nasser al-Suwaidi

Independence  2 December 1971 (from UK) 

National holiday  Independence Day, 2 December (1971) 

Geography:

Location  -Middle East, bordering the Gulf of Oman and the Persian Gulf, between Oman and Saudi Arabia 

Geographic coordinates  24 00 N, 54 00 E 

Total Area      83,600 Sq. KM

Demography:

Population4,621,399 (estimate is based on the results of the 2005 census) 

Age structure  
0-14 years: 20.5% (male 484,102/female 462,405)
15-64 years: 78.6% (male 2,663,702/female 970,672)
65 years and over: 0.9% (male 26,244/female 14,274)
note: 73.9% of the population in the 15-64 age group is non-national (2008 est.) 

Population growth rate -3.833% (2008 est.) 

 

Ethnic groups

Emirati 19%, other Arab and Iranian 23%, South Asian 50%, other expatriates (includes Westerners and East Asians) 8% (1982)
note: less than 20% are UAE citizens (1982) 

Religions -Muslim 96% (Shi'a 16%), other (includes Christian, Hindu) 4% 

Languages -Ehglish, Arabic (official), Persian, Hindi, Urdu 

Literacy  

Definition: age 15 and over can read and write
Total Population: 77.9%
Male: 76.1%
Female: 81.7% (2003 est.) 

Economic Indicators

Annual Data and Forecast

2003

2004

2005

2006

2007

2008

2009*

GDP

    Nominal GDP (US$ m)

87,599

105,237

132,184

163,145

184,111

229,639

248,792

    Nominal GDP (AED m)

321,752

386,535

485,513

599,231

676,239

843,464

913,812

    Real GDP Growth (%)

11.9

9.7

8.2

9.4

7.5

8.3

8.2

Origin of GDP (% real change)

    Agriculture

0.3

9.7

6.0

5.0

2.0

2.0

2.5

    Industry

12.7

7.3

5.0

10.3

4.3

7.9

7.7

    Services

11.8

12.6

12.1

8.7

11.5

9.0

9.0

Population & Income

    Population (m)

4.0

4.3

4.6

4.9

5.2

5.5

5.7

    GDP per Capita (US$ at PPP)

23,080

24,362

25,430

26,818

27,933

29,578

31,542

Financial Indicators

Exchange Rate Dh:US$           

3.7

3.7

3.7

3.7

3.7

3.7

3.7

Exchange Rate Dh:€ (end-period)

4.6

5.0

4.3

4.9

5.4

5.7

5.4

Stock of Money M2(% Change)

15.5

23.8

30.5

23.2

41.7

28.2

19.0

Lending Interest Rate (avg; %)

5.8

5.9

7.2

7.9

7.8

5.3

5.8

Current Account (US$ m)

Current -account balance

7,552

10,589

24,375

35,871

31,569

56,561

46,163

International Reserves (US$ m)

Total International Reserves

15,088

18,530

21,010

27,617

77,239

87,239

95,239

* The Economist Intelligence Unit Forecast

 

Forecast Summary

 

 

 

 

(% unless otherwise mentioned)

 

 

 

 

 

 

 

 

 

 

2006

2007

2008

2009

Real GDP Growth

9.4

7.5

8.3

8.2

Oil Production ('000b/d)

2620

2510

2634

2768

Crude Oil Exports (US$ m)

56377

58363

101986

98800

Consumer Price Inflation

13.5

14

16

13

Deposit Rate

5.2

4.8

2.3

2.8

Government Balance (% GDP)

12.1

11.3

20.1

16.2

Exports of Goods fob (US$ bn)

142.5

156.6

210.4

215.5

Imports of Goods fob (US$ bn)

86.1

101.6

125

140

Current Account Balance (US$ bn)

35.9

31.16

56.6

46.2

Current Account Balance (% of GDP)

22

17.1

24.6

18.6

External Debt (year-end; US$ bn)

45.8

57.5

68.4

74.6

Exchange Rate Dh:US$ (av.)

3.67

3.67

3.67

3.67

Exchange Rate Dh:¥100 (av.)

3.16

3.12

3.53

3.69

 Dubai Indicators

Geography:

Location:The Emirate lies on 55.16 longitude east and 25.16 longitude north along the coast of the Persian Gulf extending 72 km long, The city of Dubai is divided by a water creek know as Khor Dubai.

Area:4,114 Sq. KM

Dubai Area as a Percentage of UAE: %4.9

Demography (2006):

Total Population: 1,422,000
Annual Population Growth Rate between (2000 & 2005) Censuses: %7.32
Average Household Size: 4.16

Health Indicators:

Bed/Population (in 000): 1.8
Doctor/Population (in 000)*: 1.4
Nurse/Population (in 000)*: 3.7
* Excluding Private Clinics and Medical Centers

 Economic Indicators:

Employment:

Percentage of Employed (15 yrs or older) to total Population: 74.3
Percentage of Unemployed (15 yrs or older) to total Population: 1.3
Percentage of Inactive (15 yrs or older) to total Population: 11.8

GDP at Factor Cost in 2006:

(Value in Million AED in current prices)

Sector

Value

Non-Oil GDP

  160,266

GDP

  168,780

The Non Financial Corporation Sector

  146,265

Agriculture, Livestock and Fishing

        992

Crude Oil and Natural Gas

     8,514

Quarrying

        116

Manufacturing Industries

    26,474

Electricity, Gas & Water

     2,354

Construction

    21,504

Wholesale, Retail Trade & Repairing Services

    36,190

Restaurants & Hotels

     5,793

Transport, Storage and Communication

    21,409

Real Estate & Business Services

    19,239

Social & Personal Services

     3,680

The Financial Corporation Sector

    17,165

Government Services Sector

     9,177

Domestic Services

        767

(Less) Imputed Bank Services

    (4,594)

 

 

Abu Dhabi Indicators:

Geography:

The emirate borders the emirate of Dubai to its northeast. In the north is the Persian Gulf.
Abu Dhabi city is on an island located less than a quarter-kilometer from the mainland and is joined to the mainland by the Maqta and Mussafah Bridges. A third bridge, designed by Zaha Hadid, is currently under construction. Bridges connecting to Reem Island and Saadiyat Island are also under construction. Most of Abu Dhabi is located on the island itself, but it has many suburbs on the mainland for example: the Khalifa Cities, Between Two Bridges, and Mussafah Residential.

Area:67,340 Sq. KM

Abu Dhabi Area as a Percentage of UAE: 80%

 

Economic Indicators:

Abu Dhabi Economic Variables

 

 

 

 

 

 

 

 

 

(Value in Billion Dirham)

 

 

 

 

Economic Variables

2007-2006%

2007

2006

2005

Population

7.0

2035

1900

1778

Workers

5.7

1063

1006

963

Gross Domestic Product

12.0

402.9

359.6

297.9

GDP Excluding Oil Sector

14.2

175.9

154.0

128.2

GDP at Constant 2005 Prices

8.0

336.9

312.0

297.9

Gross Fixed Capital Formation

12.9

63.1

55.9

43.1

Total Commodity Exports

8.3

253.4

234.0

200.9

Total Exports(Fob) Exc. Re-Exports

7.6

247.4

230.0

192.9

Total Imports (Cif)

21.9

55.7

45.7

35.2

Wages and Salaries

7.7

53.2

49.4

46.9

General Consumer Price Index Number% (2005=100)

7.6

118.7

110.3

100

 

GDP by Economic Sectors

 

 

 

 

 

 

 

 

 

 

 

Sectors

2007

2006

2005

Agriculture, Live Stock, and Fishing

7,688

7,110

6,870

Crude Oil

227,060

205,609

169,724

Quarrying

157

150

144

Manufacturing Industries

45,000

39,355

32,330

Electricity, Gas, and Water

5,925

5,291

4,634

Construction

19,005

15,606

13,080

Wholesale, Retail, Trade and Repairing Service

16,110

14,100

10,982

Restaurants and Hotels

2,901

2,507

2,123

Transport, Storage, and Communication

13,500

12,205

8,960

Real Estate & Business Services

17,642

14,910

12,698

Social & Personal Services

4,850

4,300

3,791

The Financial Corporation Sector

21,200

18,644

16,480

Government Services Sector

26,490

23,950

19,852

(Less) Imputed Bank Services

-4,600

-4,177

-3,738

Total

402,928

359,560

297,930

Total of Non Oil Sectors

175,868

153,951

128,206

 

 

For enquiries please use the contact form or Email us.