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MarketLine – Country Analysis Report: United Arab Emirates, In-depth PESTLE Insights

MarketLine – Country Analysis Report – United Arab Emirates, In-depth PESTLE Insights.pdf
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Country Analysis Report: United Arab Emirates, In-depth PESTLE Insights

The UAE performed modestly in 2012 amidst global economic turmoil. The economy posted a growth of 3.70% in 2012 due to favorable oil prices. The country also posted a budget surplus of 8.8% of GDP according to the IMF estimates in the same year. High oil prices and increasing non-hydrocarbon exports have lifted the current account surplus to 16.8% of GDP in 2012.

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