According to publisher estimates, mining, manufacturing and utilities activities contributed 31.3% towards GVA, followed by financial intermediation, real estate and business activities (21.9%), and wholesale, retail and hotels utilities (15.1%) in 2022. The three sectors are forecast to grow by 2.9%, 3.7%, and 2.5%, respectively, in 2023.
The Emirates of Abu Dhabi, Dubai, and Sharjah were among the best performing regions in the UAE in 2022, according to the publisher.
The Emirates of Abu Dhabi, Dubai, and Sharjah were among the best performing regions in the UAE in 2022, according to the publisher.
Key Highlights
The DFMGI Index exhibited a volatile trend over past year. As of March 9, 2023, the Index stood at 3,427.1, compared to 3,385.3 on March 9, 2022.Scope
- In July 2022, the UAE announced a plan to invest $23 billion for infrastructural development
Reasons to Buy
- Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure
- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
- Along with providing the country's snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business
- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies' presence in these areas.
Table of Contents
- Did You Know?
- Country Highlights
- Key Economic Updates
- Country Snapshot
- Political Landscape
- Economic Landscape
- Social Landscape
- Technological Landscape
- Legal Landscape
- Environmental Landscape
- Outlook
- Exhibit 1: UAE's performance in country risk analysis in comparison to Middle East & North Africa and World average
- Exhibit 2: Performance overview (score: 1-100)
- Exhibit 3: Broad categories and weights behind the index
- Exhibit 4: UAE’s Stock Exchange Index - DFM General Index (March 2022 - March 2023)
- Exhibit 5: Key sectors’ contribution to the economy
- Exhibit 6: FDI flows and greenfield projects position (2017-21)
- Exhibit 7: Key infrastructure indicators
- Exhibit 8: Real GDP and household consumption growth rate (2018-25f)
- Exhibit 9: Real GDP growth rate comparison (2022)
- Exhibit 10: Exports and imports growth (2018-25f)
- Exhibit 11: Current account balance (2018-25f)
- Exhibit 12: Top three commodity exports, % of total exports (2018-21)
- Exhibit 13: Mineral fuels, oil and products, % share of the world’s total (2021)
- Exhibit 14: Interest rates (March 2018 - March 2023)
- Exhibit 15: Exchange rate and inflation (2018-25f)
- Exhibit 17: General government net lending/borrowing (2018-25f)
- Exhibit 18: General government debt (2018-25f)
- Exhibit 19: Employed population and unemployment rate (2018-25f)
- Exhibit 20: Average annual wages (2018-25f)
- Exhibit 21: Labor force participation rate (2018-25f)
- Exhibit 22: Rural-urban share of total population (2005, 2015, 2025)
- Exhibit 23: Age-group share of total population (1995, 2005, 2015, 2025)
- Exhibit 24: Gender split (2005, 2015, 2025)
- Exhibit 25: Internet users as a percentage of total population, mobile penetration rate and broadband penetration rate (2022e)
- Exhibit 26: Number of patents granted per million population (2021)
- Exhibit 27: High technology exports, % of manufactured exports (2021)
- Exhibit 28: Rule of law (rankings), 2022
- Exhibit 29: Corruption perceptions index (rankings) (2022)
- Exhibit 30: Renewable energy capacity (2017-21)
- Exhibit 31: CO2 emissions (2017-21)
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- EMAAR
- Flydubai
- Vox
- Sharafco