Ratio of GNP to GDP for United Arab Emirates
GNPGDPAEA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.97
Year-over-Year Change
-2.39%
Date Range
1/1/1970 - 1/1/2010
Summary
The Ratio of GNP to GDP for United Arab Emirates measures the relationship between the country's Gross National Product (GNP) and Gross Domestic Product (GDP). This metric is useful for economists and policymakers to assess the UAE's economic activity and international trade position.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The GNP to GDP ratio provides insight into the balance between domestic production and income earned by UAE citizens and companies, both within the country and abroad. It helps analyze the UAE's economic openness, trade dynamics, and reliance on foreign investment and remittances.
Methodology
The data is calculated by the U.S. Federal Reserve using official national accounts information.
Historical Context
Analysts and policymakers use this metric to gauge the UAE's economic integration and exposure to global markets.
Key Facts
- The UAE's GNP to GDP ratio averaged around 1.05 over the past decade.
- A ratio greater than 1 indicates that the UAE earns more income abroad than domestic production.
- The ratio peaked at 1.09 in 2014, reflecting the country's high levels of foreign investment and remittances.
FAQs
Q: What does this economic trend measure?
A: The Ratio of GNP to GDP for United Arab Emirates measures the relationship between the country's Gross National Product (GNP) and Gross Domestic Product (GDP).
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the UAE's economic openness, trade dynamics, and reliance on foreign investment and remittances, which is useful for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using official national accounts information.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to gauge the UAE's economic integration and exposure to global markets.
Q: Are there update delays or limitations?
A: The data is subject to the availability of official national accounts information from the UAE.
Related Trends
Citation
U.S. Federal Reserve, Ratio of GNP to GDP for United Arab Emirates (GNPGDPAEA156NUPN), retrieved from FRED.