GNI per capita; PPP (US dollar) in the United Arab Emirates

The GNI per capita; PPP (US dollar) in the United Arab Emirates was 50580.00 in 2009, according to a World Bank report, published in 2010. The GNI per capita; PPP (US dollar) in the United Arab Emirates was reported at 56450.00 in 2008, according to the World Bank. GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars.This page includes a historical data chart, news and forecasts for GNI per capita; PPP (US dollar) in the United Arab Emirates. The United Arab Emirates has an open economy with a high per capita income and a sizable annual trade surplus. Successful efforts at economic diversification have reduced the portion of GDP based on oil and gas output to 25%. Since the discovery of oil in the UAE more than 30 years ago, the UAE has undergone a profound transformation from an impoverished region of small desert principalities to a modern state with a high standard of living.

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