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Tourism is a major economic source of income in Dubai and part of the Dubai government's strategy to maintain the flow of foreign cash into the emirates. [19] The tourism sector contributed in 2017 about $41 billion to the GDP, making up 4.6% of the GDP, and provided some 570,000 jobs, accounting for 4.8% of total employment. [20]
The United Arab Emirates is a high-income developing market economy. The UAE's economy is the 4th largest in the Middle East (after Turkey, Saudi Arabia and Israel ), with a gross domestic product (GDP) of US$415 billion (AED 1.83 trillion) in 2021-2023. [ 5] The UAE economy is heavily reliant on revenues from petroleum and natural gas ...
The economy of the United Arab Emirates (UAE) is the second largest in the Arab world (after Saudi Arabia ), with a gross domestic product (GDP) of $377 billion ( AED 1.38 trillion) in 2012. The United Arab Emirates has been successfully diversifying the economy. 71% of UAE's total GDP comes from non-oil sectors. [ 86]
That means that a ride from Dubai to Sharjah–which is about 25 minutes–would cost $9.76 during the day and $10.85 at night. A much longer trip, one lasting about 1 hour and 40 minutes, would ...
This is similar to nominal GDP per capita but adjusted for the cost of living in each country. In 2019, the estimated average GDP per capita (PPP) of all of the countries of the world was Int$ 18,381. [a] For rankings regarding wealth, see list of countries by wealth per adult.
You would need to make around $20,000 more, $80,925, to maintain the same lifestyle in Chicago, which has a 34.88 percent higher cost of living. However, if you were moving from Joplin to, say, St ...
GDP per capita is often considered an indicator of a country's standard of living; [1] [2] however, this is inaccurate because GDP per capita is not a measure of personal income. Comparisons of national income are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different ...
The first set of data on the left columns of the table includes estimates for the year 2023 made for each economy of the 196 economies (189 U.N. member states and 7 areas of Aruba, Hong Kong, Kosovo, Macau, Palestine, Puerto Rico, and Taiwan) covered by the International Monetary Fund (IMF)'s International Financial Statistics (IFS) database.