The UAE ranked second in the Global Economic Stability Index of 2023 according to US News & World Reports, scoring 90.1 points and second only to Switzerland.
The index evaluates countries by 10 indicators, including inflation, unemployment, public debt and GDP growth. The UAE is ahead of countries such as Germany, Japan, Sweden, Norway and Canada.
Some figures:
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Inflation in the UAE in 2022 was 3.3%
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Unemployment in the UAE in 2022 was 2.1%
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The UAE’s public debt in 2022 amounted to 13.1% of GDP
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The UAE’s GDP growth in 2022 was 8.1%