Unemployment in United Arab Emirates

United Arab Emirates Unemployment | Economic News & Forecasts

United Arab Emirates - Unemployment

Economic momentum appears to have taken a hit in the last quarter of the year due to nosediving oil prices in the period. Nevertheless, growth in the non-oil sector remained steady in Q4, as reflected by PMI data up to November, which suggests annual non-oil GDP growth in 2018 broadly matched the preceding year. However, the stock market in Dubai posted its worst annual performance since 2008 with a 25% fall, owing to oversupply and falling prices in the critical real-estate market; in contrast, the Abu Dhabi stock index performed robustly. Looking at 2019, Dubai unveiled its annual budget on 1 January, which was broadly stable from 2018’s record expenditures, with a continued focus on infrastructure investment to prepare for Expo 2020. This spending will supplement the largest budget in history which was recently enacted at the federal level.

United Arab Emirates - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate2.8  2.4  2.1  1.6  1.7  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

United Arab Emirates Unemployment Chart


UAE Unemployment
Note: Unemployment in % of active population.
Source: World Bank.

United Arab Emirates Facts

ValueChangeDate
Exchange Rate3.670.0 %Jan 14
Stock Market0.30.75 %Jan 14

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form