The United States boasts the world's largest economy, with a GDP of $20.5 trillion, while the United Arab Emirates ranks 31st with a GDP of $414.2 billion. The U.S. also has a higher GDP per capita at $63,000 compared to the UAE's $43,000.
2. Growth Rates: A Comparison
The U.S. has a slightly lower 5-year average GDP growth rate at 2.4% compared to the UAE's 3%. However, the U.S. has a higher one-year GDP growth rate at 2.9% versus the UAE's 1.7%.
3. Population and Size
The United States is significantly larger in terms of land area, with approximately 9,833,517 square kilometers, which is about 11,663% larger than the UAE's 83,600 square kilometers. The U.S. also has a much larger population with 325 million people compared to the UAE's 9.4 million.
4. Quality of Life
In terms of quality of life, both countries have high indices. The U.S. has a Quality of Life Index of 187.99, while the UAE has 175.19. The U.S. also scores higher in the Purchasing Power Index (Very High) and Safety Index (Moderate), but the UAE scores higher in the Climate Index (Moderate).
5. Healthcare and Life Expectancy
The U.S. spends more on healthcare as a percentage of its GDP (18.8%) compared to the UAE (5.5%). The U.S. also has a higher life expectancy at birth (79.56 years) compared to the UAE (77.09 years).
6. Unemployment Rates
The unemployment rate in the U.S. is 3.9%, while in the UAE it is 2.6%. This indicates that the UAE has a lower unemployment rate compared to the U.S.
7. Expenditures on Education
The U.S. spends 6.1% of its total GDP on education, while the UAE spends 3.9%. This shows that the U.S. allocates more resources to education compared to the UAE.
