United Arab Emirates

The United Arab Emirates in numbers

population
Estimated total population :
1 200 000
Local population

Population from Asia (Pakistan, India, ou Philippines Population from Middle East
(Lebanese, Iranians, Jordanians…
Population from other countries (Europe,USA …)
Population

20%

50%

23%

8%


The currency : the Dirham

The exchange rate is (3 December 2006) is :
1 AED = 0,2040 €  and 1 euro = 4,9019 AED
1 AED = 0,2722 USD and 1 USD = 3,6737 AED.


Salaries

There is no minimum salary.


Working week
The working week is of 48 hours.


Unemployment rate
In 2001 the unemployment rate was 2,3%. .


Country level of risk on a scale 1 to 7

The risk is minimum (1).


Economic Indicators of the country

Economic forecasts : (source FMI – World Economic Outlook Database)

Indicators 2006 2007
GDP (billions USD) 176,8 196,2
Growth rate of GDP (constant prices, %) 11,5 5,8
GDP per inhabitant (USD) 35099,5 36180,9
Inflation rate ( %) 7,7 5


General economic indicators : (Sources : FMI – World Economic Outlook Database)

Indicators 2003

2004

2005

GDP (billion USD)

88,2 104,6 129,6
Growth rate GDP 5constant prices, % 11,9 9,7 8,5
GDP per inhabitant (USD) 21815,4 24059,3 27700,3
Inflation rate ( %) 3,1 5 8


Investments:  (ource : CNUCED – World Investment Report.)

Direct foreign investments 2003 2004 2005 World ranking
Flux  (millions USD 4 256 8 359 12 000 15 sur 141