Gabon VS UAE

 

Gabon Unemployment Rate

The unemployment rate in the Gabon was last reported at 16 percent in 2010. The unemployment rate can be defined as the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for the United Kingdom Unemployment Rate. This page includes a chart with historical data for Gabon Unemployment Rate.

 

 

 

United Arab Emirates Unemployment Rate

The unemployment rate in the United Arab Emirates was last reported at 4.6 percent in 2011. Historically, from 1985 until 2011, the United Arab Emirates Unemployment Rate averaged 3.04 Percent reaching an all time high of 4.60 Percent in December of 2011 and a record low of 1.15 Percent in December of 1985. The unemployment rate can be defined as the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for the United Arab Emirates Unemployment Rate.

Gabon Balance of Trade Gabon reported a trade surplus equivalent to 2635 million FCFA in 2010. Historically, from 1998 until 2010, Gabon Balance of Trade averaged 1633.85 million FCFA reaching an all time high of 2648 million FCFA in December of 2008 and a record low of 439.20 million FCFA in December of 1998. In recent years, Gabon has been recording trade surpluses due to petroleum exports. With virtually no manufacturing industry, Gabon is dependent on imports of consumer goods and capital equipment. Gabon’s main trading partners are: China, United States and European Union. This page includes a chart with historical data for Balance of Trade in Gabon.

 

 

 

 

 

United Arab Emirates Balance of Trade

The United Arab Emirates reported a balance of trade surplus equivalent to 292 Billion AED in 2011. Historically, from 2000 until 2011, the United Arab Emirates Balance of Trade averaged a surplus equivalent to 144190.58 Million AED reaching the best surplus at 291951.00 Million AED in December of 2011 and the worst surplus at 42160.00 Million AED in December of 2001. Although The United Arab Emirates is becoming less dependent on natural resources as a source of revenue, petroleum and natural gas exports still play an important role in the economy. The country imports mostly machinery and transport equipment, chemicals and food. Its main trading partners are: Japan, China, European Union and India. This page includes a chart with historical data for the United Arab Emirates Balance of Trade.

 

 

 

 

 

Gabon Inflation Rate

The inflation rate in Gabon was recorded at 2.10 percent in July of 2012. Historically, from 2010 until 2012, Gabon Inflation Rate averaged 0.86 Percent reaching an all time high of 3.50 Percent in August of 2011 and a record low of -3.30 Percent in September of 2010. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy. This page includes a chart with historical data for Inflation Rate in Gabon.

 

 

 

United Arab Emirates Inflation Rate The inflation rate in the United Arab Emirates was recorded at 1.05 percent in September of 2012. Historically, from 1990 until 2012, the United Arab Emirates Inflation Rate averaged 2.48 Percent reaching an all time high of 12.30 Percent in December of 2008 and a record low of -1.60 Percent in January of 2011. Inflation rate refers to a general rise in prices measured against a standard level of purchasing power. The most well known measures of Inflation are the CPI which measures consumer prices, and the GDP deflator, which measures inflation in the whole of the domestic economy. This page includes a chart with historical data for the United Arab Emirates Inflation Rate.

 

 

Gabon GDP Annual Growth Rate The Gross Domestic Product (GDP) in Gabon expanded 5.80 percent in 2011. Historically, from 1994 until 2010, Gabon GDP Annual Growth Rate averaged 1.84 Percent reaching an all time high of 6.90 Percent in December of 2010 and a record low of -11.30 Percent in December of 1999. The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment. Gabon is one of the most developed countries in sub-Saharan Africa. Abundance of natural resources such as oil and timber sustain Gabon’s economy. However, mismanagement and corruption result in inequality in wealth distribution. In recent years, investments have been undertaken in agriculture and tourism in order to diversify Gabon’s economy. This page includes a chart with historical data for GDP Annual Growth Rate in Gabon.

 

 

 

United Arab Emirates GDP Annual Growth Rate

The Gross Domestic Product (GDP) in the United Arab Emirates expanded 4.20 percent in 2011. Historically, from 2000 until 2011, the United Arab Emirates GDP Annual Growth Rate averaged 4.63 Percent reaching an all time high of 9.80 Percent in December of 2006 and a record low of -4.80 Percent in December of 2009. The annual growth rate in Gross Domestic Product measures the increase in value of the goods and services produced by an economy over the period of a year. Therefore, unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment. This page includes a chart with historical data for the United Arab Emirates GDP Annual Growth Rate.

 

 

 

Reference list
1. https://www.cia.gov/library/publications/the-world-factbook/docs/notesanddefs.html#2229