Latest World News

The UAE ranks first in the world in many vital sectors in 2022

17

v + T – normal size

The UAE ranked first in the world in many diverse vital sectors during the year 2022, led by the food security sector, with the country occupying the first place in 7 global indicators for this sector, 5 indicators in the education sector, 4 indicators in the health sector, and 4 indicators in the financial sector, according to the “UAE” report. In Figures 2022″ issued by the Federal Center for Competitiveness and Statistics.

The report data showed that the first positions of the state included two indices in the energy sector, the index of growth in the import of commercial goods and services in the trade sector, the index of the number of Internet users in the communications, technology and information sector, the indicator of the enabling environment for education in the investment sector, and the indicator of the state’s ability to attract talents in the economy sector. The index of flexibility of residency laws in the tourism and travel sector, the index of the small number of elderly people in the population sector, the index of women in parliament in the gender balance sector, the index of low dependency ratio in the community sector, and the first place in the index of satisfaction with environmental conservation efforts in the environment sector..

The report dealt with the country’s gross domestic product data during the first half of this year compared to the same period last year, as well as the gross domestic product during the years 2021, 2020 and 2019, in addition to non-oil foreign trade during the same period..

The report also indicated that the country’s population grew during 2021 to about 9.557 million people, up from 9.282 million people at the end of 2020..

In the field of gender balance, the report indicated that the Federal National Council was distributed between 50% males and 50% females, while females constituted 32% of the diplomatic corps, 27% in the ministerial formation and 52.5% in the workforce..

The report’s data reviewed the economic sector, gross domestic product, global trade, prices, tourism, travel, communications and technology, noting that the country’s gross domestic product during the first half of 2022 recorded growth at constant prices by 8.5% to reach 817.13 billion dirhams, compared to the same period last year. The country’s GDP grew during the year 2021 by 3.9% to 1.499 trillion dirhams, compared to the output recorded in 2020..

The report pointed to the growth of non-oil GDP during the first half of this year at constant prices by 7.8% to reach 591.3 billion dirhams, while the non-oil GDP growth rate during the year 2021 reached 5.8% to reach 1.087 trillion dirhams, during the comparison period..

He explained that the wholesale and retail trade sector topped the list of the top five economic activities contributing to the GDP in the first half of 2022 by 12.9%, manufacturing industries by 10.8%, financial and security activities by 8.1%, construction and building by 8%, and real estate activities by 5.5%.%.

The hotels and restaurants sector topped the list of the top 5 growing economic activities during the first half, recording a rate of 31%. Transportation and storage came in second place in that list, recording a growth rate of 26.8%. Health and social services increased by 20.1%. Real estate, 8.7%, and wholesale and retail trade, at a rate of 7.2%.%.

The “Competitiveness and Statistics” report indicated that the list of the top 5 commodities traded during the first half amounted to 415.1 billion dirhams, distributed between 233 billion dirhams for imports and 182.1 billion dirhams for non-oil exports. The volume of imports increased in the first half of this year to 556.2 billion dirhams, compared to 471.9 billion dirhams in the same period of 2021, and the volume of exports increased to 172.7 billion dirhams, compared to 162.6 billion dirhams, while the volume of re-exports amounted to 266.2 billion dirhams, compared to 213.9 billion dirhams. during the comparison period.

Competitiveness indicators

The report dealt with indicators of competitiveness and the UAE’s ranking globally in the economic sector, as it ranked first in the index of the country’s ability to attract talent according to the prosperity index during 2021, and ranked second in the index of searching for business projects according to the Global Innovation Index 2022, and ranked third in the index of price inflation stability. Consumers, and the eighth in the world in three indicators: corporate flexibility, investment incentives, and economic flexibility, and the tenth place in the partnership index between the public and private sectors, according to the Global Competitiveness Yearbook 2022 report..

In the financial sector, the UAE ranked first in four indicators: the low tax evasion index (Global Competitiveness Yearbook Report 2022), the low personal income tax collected (%) according to the Global Competitiveness Report 2022, and the low waste index in government spending. According to the Prosperity Index 2021, the first place in the money and banking index according to the Open Data Inventory Report 2020, the third place in the index of low consumption tax rate according to the Competitiveness Yearbook 2022 report, the fifth place in the price index according to the Open Data Inventory Report 2020, and the sixth place in the ease of compliance In the tax system, according to the Tourism and Travel Development Index 2021, and the tenth place in the world in the capital cost index, according to the Global Competitiveness Report 2022.

In the trade sector, the report stated that the UAE ranked first in the index of growth in the import of commercial goods and services, according to the Competitiveness Report 2022, the third in the index of exports of goods (%), and the fifth in the index of exports of goods per capita, according to the Global Competitiveness Report 2022..

In the communications and information technology sector, the UAE ranked first in the index of the number of Internet users according to the Global Digital Competitiveness Report 2022, the second place in the index of the use of virtual social networks according to the Global Talent Report 2022, and the third place in the index of mobile broadband subscribers according to the Competitiveness Report. Digital 2022, and the fifth place in the information security index, according to the Global Competitiveness Report 2022.

In the tourism and travel sector, the report stated that the UAE ranked first in the index of flexibility of residency laws according to the Global Competitiveness Report 2022, and second in the index of the ability to roam at night safely according to the Tourism and Travel Development Report 2021, and fifth in the quality of air transport index according to the Competitiveness Report. Global 2022, and the tenth place in the world in the index of the number of operating airlines, and the tenth also in the index of the number of hotel rooms, according to the Tourism and Travel Development Index 2021.

In the national accounts item, the UAE ranked second in the world in the trade balance index (percentage of total gross domestic product) according to the Global Competitiveness Report 2022, and sixth in the world in the index of total domestic savings (%) according to the Global Competitiveness Report 2022, and sixth in the global competitiveness index 2022. GDP (purchasing power per capita).

In the investment sector, the country ranked first globally in the enabling environment for education according to the Global Knowledge Index, second globally in the Global Confidence Index, fourth in the Digital Skills Index according to the Global Competitiveness Report 4.0, and fourth in the National Entrepreneurship Index according to the Financial Controller of Entrepreneurship..

In the education sector, the UAE ranked first in the index of enrollment in primary education, the first in the index of enrollment in secondary education, the first in the index of enrollment in higher education, according to the Global Gender Gap Report 2022, and the first in the index of net inflow of international students, according to the Digital Competitiveness Index. Global 2022, and the first place in the index of higher education students moving into the country according to the Global Competitiveness Report 2022.

In the health sector, the UAE ranked first in the indicator of the existence of national programs for early detection, and the first place in the health care coverage index, according to the Prosperity Index 2021. Tuberculosis incidence rate (per 100,000) according to the 2022 Sustainable Development Goals Index report.

In the community sector, the UAE came first in the index of low dependency ratio, according to the Global Competitiveness Report 2022, and first in the index of women in parliament, according to the Scientific Gender Gap Report 2022..

In the labor sector, the UAE ranked second globally in the index of senior specialized managers according to the Global Competitiveness Report 2022, and came fourth in the index of the availability of skilled workers according to the Global Competitiveness Report 2022, and fourth in the availability of global expertise according to the Global Digital Competitiveness Report 2022.

In the population sector, the UAE ranked first in the world in the indicator of the low number of elderly people in the population, according to the Global Competitiveness Report 2022, and in the second place in the world in the national culture index, according to the Global Competitiveness Report..

In the food security sector, the UAE ranked first in the world in seven indicators: the crop storage facilities index, the food standards index, the availability of food safety mechanisms, the low land degradation index, the food security strategy index, the provision of food security financing programs, and the ability to store food safely. According to the Global Food Security Index 2022 report.

In the energy sector, the UAE ranked first in the world in the energy infrastructure index, according to the Global Competitiveness Report 2022, and the first in the world in the index of access to electricity (% of population) according to the Sustainable Development Goals Index 2022 report..

In the environment sector, the UAE ranked first in the world in the index of satisfaction with environmental conservation efforts, according to the Prosperity Index 2021 report, and seventh in the world in the environmental laws index, according to the Global Competitiveness Report 2022..