Comparison between UAE and KSA Mansoor Hussien

Economic growth:

Saudi Arabia 

	2007	2008	2009	2010	2011
GDP	384 billion	476 billion	376 billion	450 billion	576 billion
GDP per capita	15,091	18,203	14,051	16,423	20,540
GPD growth	2.0	4.2	0.1	4.6	6.8

United Arab Emirates

	2007	2008	2009	2010	2011
GDP	258 billion	314 billion	270 billion	297 billion	360 billion
GDP per capita	47,757	50,727	38,960	39,625	45,653
GPD growth	3.2	3.3	-1.6	1.4	4.9

The economic growth for both United Arab Emirates and Saudi Arabia are doing very good. But in 2009 there was a decrease in their GPD in KSA and UAE. KSA GPD growth fell from 4.2 to 0.1, in UAE decrease from 3.3 to -1.6 in 2009. However both countries recover in 2010 and both increases in 2011.Comparing the UAE to KSA GDP per cap of the UAE is much better than KSA. That means that the standard of living of the United Arab Emirates is better than Saudi Arabia.

Stable prices:

Saudi Arabia

PRICES	2007	2008	2009	2010	2011
Consumer Prices (CPI Index)	106.5	117.0	122.9	129.5	138
Inflation (CPI) %	4.2	9.9	5.1	5.3	3.6

United Arab Emirates

PRICES	2007	2008	2009	2010	2011
Consumer Prices (CPI Index)	-	114.00	114.00	115.00	116.01
Inflation (CPI) %	11.10	12.30	1.56	1.73	1.05

Consumer prices (CPI) in United Arab Emirates are increasing very slowly in 2008 to 2011 about 114 to 116 respectively. This is good thing because that means when the CPI increases it means that the currency of the country is going down. When inflation increases the Consumer prices goes up in United Arab Emirates in 2008 the inflation was very high about 12.30% because of the financial crisis but in 2009 it decrease dramatically to about 1.56% but the CPI stay the same. The consumer prices (CPI) in Saudi Arabia is increasing from 2007 to 2011 about 106 to 138 respectively. The inflation in United Arab Emirates is lower than in Saudi Arabia but not much; however the Consumer price in Saudi Arabia is much higher than UAE comparing to inflation rates between the two countries.

Low employment:

Saudi Arabia

Population (millions)	28,082,541 / 5.5 non nationals
Labor Force	34.04% /  9,558,785
Unemployment rate (% of Labor Force)	10.5%

United Arab Emirates

Population (millions)	5,314,317
Labor Force	4.1 million
Unemployment rate (% of Labor Force)	4.3%

The current unemployment rate for Saudi Arabia is 10.5% one of the highest in the gulf. The total labor force in Saudi Arabia is 9,558,785 about 34% of the population and also about 80% of the labor force populations are non-national. That is a huge number because the population of the Saudi Arabia is about 28 million and from that about 5 million is non-national. Saudi Arabia is highest country in the gulf with jobless locals.  There are some estimates and studies saying that unemployment rate 10.5% are not the real percentage the real percentage in Saudi Arabia is about 25%.. In Recent news the Saudi Arabia government is going to create 1.12 million jobs for the locals by the end of 2014 and they will reduce number of expatriate employees that will help in decreasing the unemployment rate. In United Arab Emirates the unemployment 

 A Balance of Trade:

	2009	2010	2011
Saudi Arabia	20,954,610,933	66,751,011,167	158,493,852,800
United Arab Emirates	28 Billion	26.6 Billion	112.7 Billion

CIA World Factbook oil ranking production

World Ranking	Country	Production BBl/Day
1	Saudi Arabia	10,520,000
8	United Arab Emirates	2,813,000

In 2009, there is not big difference between the United Arab Emirates and Saudi Arabia however in the 2010 the Saudi Arabia increase dramatically and the reason of the oil production you can see on the table above that Saudi Arabia is number one in oil production to world according to CIA World Factbook. However United Arab Emirates decrease in 2010. In 2011 Saudi Arabia again increase again. The same year United also increase dramatically because of united Arab increases their oil exports. These numbers says both United Arab Emirates and Saudi Arabia are doing very good in their export. Moreover both countries depends on oil productions especially Saudi Arabia but United Arab Emirates trying to depends on other thing like manufacturing.