Friday, April 21, 2006

NationMaster.com - Map & Graph: Countries by Economy > GDP > Nominal (per capita)

Top Arab country? UAE.

Top Muslim country? UAE.

The UAE is #21 out of 184 countries.

And, I know many of you are wondering whether all the low-wage expat workers earning less than $2400 a year are included in the total capita? Yes they are. Just imagine what that means for the per capita income of citizens of the UAE. (Citizens are less than 20% of the population.) It's a big number.

I notice that in Iran (#90) per capita annual income is $2,392.15.

Take note: The UAE is a worker's paradise for foreign workers from much poorer labor exporting countries.

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5 Comments:

Blogger grapeshisha said...

And also, if you take Abu Dhabi as an entity on its own, it is the highest gdp per capita in the world:

http://news.tradingcharts.com/futures/7/4/77686947.html

DUBAI, Apr. 12 WAM, 2006 (QNA via COMTEX) -- The GDP per capita in Abu Dhabi, the United Arab Emirates (UAE), has been ranked highest in the world as it surged to $46,200 (Dh170,000) leaving the fellow Gulf Cooperation Council (GCC) states lagging far behind at $13,500 (Dh45,545), according to a study conducted by Abu Dhabi Chamber of Commerce and Industry (ADCCI).

12:33 PM  
Blogger John B. Chilton said...

Thank you for the value added to my post.

12:47 PM  
Blogger Slagothor said...

Yet another example of false case of "biggest-in-the-world-itis", which seems to be a plague in this country.

According to the CIA, the three highest per-capita GDP's in the world are

1 Bermuda $69,900
2 Luxembourg $55,600
3 Equatorial Guinea $50,200

So, even if the $46,200 number is correct, the claim of "highest in the world" is not.

But just making stuff up seems to pass unquestioned in this part of the world.

2:55 PM  
Blogger John B. Chilton said...

Slagothor,

I agree with the gist of your statement. It is seems highly improbable that Abu Dhabi is the highest ranked in the world. But how do you know that the numbers you cite are consistent with grapeshisha's numbers (same period, same deflator method, etc.)?

We of course don't know whether grapeshisha's numbers are consistent with the numbers from my source either. But we do know that grapeshisha is right that if you focus on Abu Dhabi alone the per capita numbers are higher than UAE as whole.

As an example of making up numbers, we see great variations in the claims about the percentage of the world's construction cranes in the UAE. And not only do they not agree, but when you add them to claims about the proportion of the world's cranes in China's cities you get sums greater than 100%.

3:06 PM  
Blogger grapeshisha said...

We're all right. It's all about selectivity, treatment and the like. I do think, however, that there is a big need for some quality data store of UAE information. Unqualified data is constantly thrown around the press, and what I believe is the problem is that those quoting the figures don't wholly understand the numbers to be able to use them appropriately. With the move to central currency, the data issue will no doubt be sorted at as the Gulf states set up world class statistics agencies. Only then will we be able to make like for like comparisons.

6:00 PM  

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