40 Most Prosperous Nations in the World

4. United Arab Emirates

GDP Per Capita (PPP) Rank: 7

Gini Coefficient Rank: 7

Weighted Average Rank: 6.3

The UAE’s economy recently grew by 4.3% in Q4 2023, driven by a 6.7% increase in non-oil GDP. Key sectors like financial services, real estate, and transportation have all contributed to this growth. The IMF projects a 4% GDP growth for 2024.