THE GULF – FACTS, FIGURES AND ECONOMIC OUTLOOK
November 1st, 2016
United Arab Emirates
Population 9.1 million - 2015
GDP 2015 – USD370 billion (up 3.2% on previous year)
Projected 2016 GDP growth – 2%
Size of non-oil economy 2015 - 66% (IMF)
Proportion of local nationals in private sector – 1% (LSE estimates 2014)
Saudi Arabia
Population 31.5 million - 2015
GDP 2015 - USD646 billion (up 3.5% on previous year)
Projected 2016 GDP growth – 1.86%
Size of non-oil economy 2014 - 57% (IMF )
Proportion of local nationals in private sector 2016 – 16% (Oxford Strategic ...
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