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What type of economy does United Arab Emirates have?

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Learn more about the United Arab Emirates economy, including the population of United Arab Emirates, GDP, facts, trade, business, inflation and other data and ... Over the past three years, government spending has amounted to 31.2 percent of total output (GDP), and budget deficits have averaged 0.4 percent of GDP. read more

The United Arab Emirates’ economic freedom score is 77.6, making its economy the 10th freest in the 2018 Index. Its overall score has increased by 0.7 point, with higher scores for the government spending and government integrity indicators outpacing small declines in judicial effectiveness and business freedom. read more

The economy of the United Arab Emirates is the second largest in the Arab world (after Saudi Arabia), with a gross domestic product (GDP) of $403.2 billion (AED 1.46 trillion) in 2014. The Emirates have been successfully diversifying its economy. read more

UAE ia comprised of 7 Emirates. Only Abu Dhabi has rich oil deposits on shore and off shore. All other states except Dubai neither have much oil deposits or a population worth starting an economy. read more