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DATA FOR A BETTER FUTURE
The UAE has maintained its leading regional position among countries with “very high human development” advancing 11 places globally, according to the 2025 Human Development Index (HDI) report issued by the United Nations Development Programme (UNDP), compared to the 2021/2022 report.
The UAE now ranks 15th globally out of 193 countries covered in the report, surpassing countries such as Canada, the United States, Japan, Australia, and Korea. It is the only Arab country among the top 20 nations, reaffirming its commitment to a development vision that prioritizes people’s wellbeing at the heart of its national policies. This is achieved through an integrated approach that supports key sectors such as health, education, and standard of living, establishing the UAE as a global model for sustainability, human capital development, and inclusive progress, building a future based on opportunities and empowerment.
According to this year’s report titled “A matter of choice: People and Possibilities in the Age of AI,” the UAE achieved a score of 0.94. Based on the report’s four main indicators, the UAE’s life expectancy at birth reached 82.9 years, aligning with the third Sustainable Development Goal (SDG) “good health and well-being”. The expected years of schooling reached 15.6 years, with an average of 13 years of schooling, reflecting the fourth SDG goal “quality education”. The Gross National Income (GNI) per capita amounted to $71,142, reflecting to the eighth SDG goal “decent work and economic growth”.
AbdulRahman Al Owais: People’s Health at the Core of UAE’s Development Priorities
His Excellency AbdulRahman bin Mohamed Al Owais, Minister of Health and Prevention, stated that people’s health is at the core of the UAE’s development priorities. He emphasized, “The UAE’s leading position in the 2025 Human Development Index reflects our steadfast commitment to providing an integrated healthcare system, adopting medical innovation, enhancing prevention, and ensuring access to high-quality healthcare services, achieving the UAE’s vision of building a healthy and sustainable future for generations.”
Sarah Al Amiri: Investing in Education is Investing in Humanity
For her part, Her Excellency Sarah bint Yousef Al Amiri, Minister of Education, said, “Investing in education is investing in humanity a principle the UAE has upheld since its founding, through flexible educational policies that address global challenges and prepare future generations to compete and innovate. The UAE does not adopt a conventional educational system but invests in thoughtful Emirati minds armed with knowledge, qualified to lead a flourishing future in the era of AI and cognitive transformation.”
Hanan Ahli: Human-Centric Plans and Policies
Her Excellency Hanan Mansour Ahli, Managing Director of the Federal Competitiveness and Statistics Centre (FCSC), stated that the UAE has established a unique development model that places people at the center of all plans and policies, relying on healthcare, education, and innovation as pillars for a prosperous and comprehensive future. She pointed out that progress in the HDI report affirms that the UAE’s development policies are proactive and data-driven, prioritizing not only economic growth but also wellbeing, enhancing its position as a global leader in sustainable development.
UAE Ranks Third Globally for Net AI Talent Migration The HDI Report highlighted AI tools and their growing impact on human development pathways, amidst slowing development progress and widening gaps between high and low-development countries. It emphasized the need for adaptive, human-focused policies that place health, education, and standard of living at the core of national strategies, recognizing human capital as the key to navigating the digital transformation era.
The report further showed that the UAE recorded the third highest global net migration rate through the LinkedIn platform for AI skills in 2023, underscoring its ability to attract world-class expertise and its status as a global hub for future skills. It further clarified that high-income countries like the UAE achieve net gains in specialized skills, while low to medium-income countries face losses, indicating the dominance of advanced economies in attracting and retaining expertise. It calls for building a collaborative economy where humans and AI work in tandem, focusing on empowering individuals with knowledge and technology to enhance their capabilities and skills, ensuring comprehensive, sustainable development and a prosperous future for all.
The HDI Report has been published annually by the UNDP since 1990, the Human Development Index is a composite measure that evaluates the quality of life in societies worldwide through three main dimensions: health, education, and standard of living, including four indicators: life expectancy at birth, expected years of schooling, mean years of schooling, and Gross National Income per capita.
The UAE has achieved a new qualitative milestone that reflects its global leadership in adopting the principles of digital government and open data. The country ranked 10th globally in the 2024/2025 Open Data Inventory (ODIN) report, issued by Open Data Watch (ODW), surpassing major countries such as Sweden, the Netherlands, Germany, Canada, and the United States. The report, released biennially by ODIN, evaluates the comprehensiveness and openness of data published on the national statistical offices’ websites in 197 countries, covering vital sectors including economic, financial, social, and environmental statistics, making it one of the leading specialized global reports.
The report ranks countries based on 64 indicators that measure the availability and accessibility of statistical data shared through official open data platforms. It assesses whether countries meet international standards of openness, including criteria such as machine-readability without restrictions, availability of descriptive metadata, and broad geographic coverage.
The UAE ranked first globally in several indicators, including Money and Banking, Food Security and Nutrition, and the Price Index and Inflation, in which the country advanced 45 places. The UAE also ranked second globally in International Trade and Education Outcomes, with a notable leap of 54 places, in addition to strong performance in indicators related to environment, health, and gender statistics.
Majed Al Mesmar: UAE Enhances its Position as a Global Knowledge-Based Decision-Making Platform
His Excellency Engineer Majed Sultan Al Mesmar, Director General of the Telecommunications and Digital Government Regulatory Authority (TDRA), said: “This achievement reaffirms the UAE’s commitment to an ambitious futuristic vision integrating digital policies with comprehensive development efforts, by establishing a robust digital infrastructure based on open data as a tool for community empowerment, enhancing global competitiveness, and fostering an innovation culture built on data.” He added that the UAE strengthens its position as a global platform for knowledge-based decision-making and a leader in comprehensive digital transformation regionally and globally. This achievement also reflects the empowering role played by TDRA in strengthening the country’s digital readiness through developing legislative and regulatory frameworks, supporting national policies on open data, and providing digital infrastructure to ensure integration among government entities, solidifying the UAE position as a global reference in adopting concepts of digital government, transparency, and data-driven innovation.
Hanan Ahli: UAE’s Progress Embodies a Leading Model for the Government of the Future
Her Excellency Hanan Mansour Ahli, Managing Director of the Federal Competitiveness and Statistics Centre (FCSC), affirmed that the UAE’s progress in the ODIN Report 2024/2025 embodies a pioneering model for the government of the future, based on transparency, openness, and utilizing data as a strategic tool to drive comprehensive development.
She stated, “This achievement represents the foresighted vision of the UAE and continuous investment in building a flexible and advanced statistical system based on digital readiness, contributing to strengthening the country’s global competitiveness, supporting key directions in enhancing integration between government entities, contributing to future planning in various vital sectors, policy development, enhancing community participation, and solidifying the UAE’s position as a leading model in adopting concepts of digital government and open data.”
Open Data
Open data refers to publicly accessible data and statistics that can be used, reused, distributed, and shared freely by individuals and organizations. Governments worldwide provide such data online without restrictions to access. In the current report, the UAE scored 92 points for openness and 74 points in data coverage, resulting in an overall score of 84 points in the report.
H.E. Abdulla bin Touq Al Marri: Under the wise leadership’s vision, the UAE has built an innovative economic model based on global best practices. The continuous growth of the national economy reflects the success of the UAE’s economic diversification policies.
We remain committed to achieving the goals of “We the UAE 2031”, aiming to expand the UAE’s GDP to AED 3 trillion by the next decade and securing the UAE’s position as a global hub for new economy.
Hanan Ahli: The UAE’s robust economic performance is backed by a clear future-oriented vision focused on sustainable economic growth.
Additional Subtitles:
• UAE’s real GDP reaches AED 1.322 trillion
• Non-oil GDP reaches AED 987 billion
• Contribution of non-oil sectors to real GDP is 74.6%
• Top-growing sectors: Transport, construction, finance, government, and hospitality
• Leading contributors to non-oil GDP: Trade, manufacturing, finance, construction, and real estate
• Nominal GDP reaches AED 1.486 trillion (6% growth)
• Nominal non-oil GDP reaches AED 1.136 trillion (6.6% growth)
The UAE has recorded significant growth in its real GDP by 3.8%, reaching AED 1.322 trillion in the first nine months of 2024, compared to the same period in 2023. Meanwhile, non-oil GDP expanded by 4.5% to AED 987 billion, accounting for 74.6% of total real GDP, while oil-related activities accounted for 25.4%.
Commenting on this performance, H.E. Abdulla bin Touq Al Marri, Minister of Economy, emphasized that the UAE’s sustained economic growth is a testament to the success of its policies and strategies aimed at enhancing economic diversification, streamlining business operations, and driving the expansion of new economy sectors as key drivers of sustainable economic and social development. He highlighted that, under the leadership of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and the guidance of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, the UAE has built an agile and globally competitive economic model capable of adapting to global challenges and rapid changes.
“The UAE continues to increase the contribution of non-oil sectors to the national economy by developing flexible economic legislation, enhancing global trade openness, and building strategic partnerships with key international markets. These efforts align with the “We the UAE 2031” vision, which aims to grow the UAE’s GDP to AED 3 trillion within the next decade and secure its position as a global economic hub,” H.E. bin Touq added.
Hanan Ahli, Managing Director of the Federal Competitiveness and Statistics Centre, stated: “The UAE’s GDP growth over the past nine months reflects our strong economic performance and future-driven vision focused on sustainable economic expansion, led by non-oil sectors.”
“Economic diversification remains a key pillar of the UAE national strategy, ensuring long-term growth in the economy and in key economic and development indicators,” she emphasized.
Top-Growing Economic Sectors
During the first nine months of 2024, the UAE’s fastest-growing economic sectors showcased remarkable expansion compared to the same period in 2023. The transport and storage sector experienced a significant growth of 7.9%, largely driven by a surge in passenger traffic at UAE airports, which welcomed over 103 million travelers, marking a 20% increase. Similarly, the construction and building sector expanded by 7.4%, fueled by substantial investments in large-scale urban infrastructure projects. The financial and insurance sector also saw steady growth, rising by 6.8%, while government activities expanded by 5.0%. Additionally, the hospitality and restaurant sector recorded a 4.9% increase, reflecting the continued momentum in the tourism industry.
When examining the key contributors to non-oil GDP, trade emerged as the largest sector, accounting for 16.5% of total non-oil economic output. Following closely behind, manufacturing contributed 15.1%, underscoring the UAE’s industrial strength. The financial and insurance sector played a crucial role, making up 12.1% of non-oil GDP, while construction and building activities contributed 11.7%, and the real estate accounted for 7.6%.
Overall, the UAE’s nominal GDP reached AED 1.486 trillion during the first nine months of 2024, reflecting an impressive 6% year-on-year growth. The nominal non-oil GDP also grew significantly, reaching AED 1.136 trillion, with a 6.6% increase. Notably, non-oil sectors contributed 76.5% to the total GDP, further highlighting the UAE’s progress in economic diversification and sustainable growth.
United Voices for 2045: UAE Launches a Global Survey to Shape the Future of Sustainable Development
DUBAI, 12th July, 2017 (WAM) –
Senior officials of Smart Dubai Office, SDO, have discussed with a high-level delegation from the Federal Authority for Competitiveness and Statistics ways to enhance mutual cooperation. Discussions also involved how to activate mechanisms and frameworks for joint work by the two entities, and to explore prospects for building future partnerships that serve common aspirations. Held at the Dubai Smart Office HQ, the meeting was chaired by Dr. Aisha bint Butti bin Bishr, Director-General of the Smart Dubai Office, and attended by Younis Al Nasser, CEO of Dubai Data Establishment, Wesam Lootah, CEO of Smart Dubai Government, Abdulla Nasser Lootah, Director-General of the Federal Authority for Competitiveness and Statistics, and Mohamed Ahli, Executive Director of Statistics Sector, in addition to a number of officials from both entities.
Dr. Bin Bishr expressed her delight in exploring new horizons of fruitful partnership with the Federal Authority for Competitiveness and Statistics, and described the meeting as an ideal opportunity to consolidate efforts at all levels.
Smart Dubai has strategic partners that contributed to more than 137 smart initiatives and 1,129 smart services to the people. Holding such meetings at the local and federal levels underlines the importance of the concerted efforts to ensure the success of the Smart City model and export it to the world. It also sheds light on the methodologies and strategies needed to put Dubai at the forefront of smart cities, and highlight its position as a global model in adopting and employing modern technology for a sustainable future."
She stressed the need to work diligently and dedicate smart initiatives in all sectors to contribute to sustainable development and achieve the strategic goals in accordance with the vision of the wise leadership, which in turn contributes to positioning the emirate as a global destination on various levels and, achieve the happiness of the people of the UAE.
The meeting reviewed SDO’s role in spearheading the efforts to transform Dubai into a smart city. The roadmap and timeframe for Dubai Smart 2021 vision were presented at the meeting and a comprehensive presentation was made to the visiting delegation, explaining the initiatives and projects launched by SDO. The two sides also discussed ways to speed up joint institutional work to achieve the strategic objectives of both institutions.
Mr. Lootah said, "The success of our strategy that aims to enhance UAE international competitiveness and modernize the national statistical ecosystem depends on the successful partnership and collaboration of our partners in both federal and local government sector.
Our experience with Smart Dubai has always been valuable, as we learn from their innovative approaches and their commitment to achieve their goals and objectives. I look forward to our future collaboration with Smart Dubai on projects that will service the UAE society and brings them happiness and prosperity."
The delegation reviewed key performance indicators of Dubai Smart vision 2021, highlighting the importance of efficient performance in smart transformation and in achieving sustainability by applying the results of the indicators in policy making and future planning of SDO’s initiatives.
- The study underscores the growing importance of measuring public sentiment on public policy
- Focusing on the topic of tolerance in the nation by the public in and outside UAE
- Analyzing 1.4 million unique posts on social media
Dubai, UAE, Cape Town, South Africa – 11 June 2017
The Federal Competitiveness and Statistics Authority (FCSA) and BrandsEye, a world leading opinion mining company, announced today the completion of the first sentiment study conducted in the United Arab Emirates on the topic of tolerance in the UAE.
Working in coordination with the team of HE Sheikha Lubna bint Khaled Al Qassimi, Minister of State for Tolerance, the study focused primarily on the topic of tolerance and social media user’s opinion of the Minister’s announcements, activities and the news shared on the Minister’s official social media profiles.
During the research project, approximately 1.4 million unique posts shared by 172,000 social media users in the UAE were analyzed by opinion mining partner BrandsEye. BrandsEye uses a data analytics approach which combines search algorithms, crowd-sourcing and machine learning to accurately analyze conversations for sentiment and the topics driving that sentiment. The study was conducted over the period of three consecutive months earlier this year, and the findings were presented to Minister and her team during a recent visit to the FCSA headcounters.
The study findings highlighted that of all the posts analyzed, 20.5% expressed positive sentiment, 70% was neutral while only 4.5% of conversations were negative. Of the positive sentiment, 44% of the posts were expressed during the holidays in December were pictures of various religious communities in the UAE were shared practicing their faith in complete freedom. The remainder of the positive posts were praising the UAE policies and inclusion ,cohesion tolerance related activities and covering other topics such as low unemployment rates and attributing it to UAE providing an equal opportunity for everyone living on its land.
"The findings were very interesting and I am very delighted that people were mainly positive and/or neutral when it came to how they felt towards our announcements, programs and activities in and outside the UAE," commented HE Sheikh Lubna. "Policy and data are very interrelated in the decision making process. Knowing how people feel, adds a new layer of knowledge and insight that support drive more effective and impactful policies and initiatives for the people."
"Because of fake news, orchestrated and agenda-driven social engineering, many policy makers around the world are struggling to understand and collect accurate information and sentiment about their constituents. As decision makers, we have a grand responsibility to make sure we rely on accurate and effective scientific methods to have a better understanding of what really matters to the people," added HE Shaikha Lubna.
"We are very excited to be working with Her Excellency Sheikha Lubna’s office and the team in FCSA on this important project. The world of opinion mining is set to change the way governments and business conduct research, providing accurate data that will help drive better decision making at all levels," said JP Kloppers, BrandsEye CEO. "The sheer quantity of online conversations coupled with the instantaneous reactivity of this digital chatter has meant that sentiment-driven opinion data has become a mineable resource that gives one unique insight into how the public actually feel.
Kloppers added that fake news and what is known as ‘news feed bubbles’ are creating significant pockets of public opinion that are not based on truth, undermining the legitimacy (and demand for) their journalism. "Opinion mining offers a way for media to accurately measure and report on public opinion, regardless of its veracity," added Kloppers.
"Organizations around the world now have access to millions of relevant data points in both mature and developing markets. The data, if mined correctly, can provide insights that not only assist in decision-making, but also can shape product innovation and help reduce risk," said Abdulla Lootah, Director General of the FCSA.
"As a UAE federal government official reference on all matters related to statistics, competitiveness and data, it is part of FCSA’s mandate to explore, identify and adopt the latest global trends and technology to serve our stakeholders. Our collaboration with BrandsEye is just the beginning and to a new dimension on how we plan to transform the statistics and data business in the UAE. We look forward to more engagements on various topics across the UAE," concluded Mr. Lootah.
“President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued a Federal Decree No. (6) for the year 2015 establishing the Federal Competitiveness and Statistics Authority (FCSA) under the UAE Cabinet.
The new Authority, to be based in the emirate of Dubai, effectively replaces the National Bureau of Statistics and the Emirates Competitiveness Council by integrating the functions of both the entities.
As per the decree, the Authority will work to strengthen the UAE’s position across all global competitiveness indicators as well as promote sustainable development, in addition to serving as the apex body that organises and manages the statistics and competitiveness sectors.
The Authority is also mandated to build an integrated national statistical system. The establishment of the FCSA supports the goals of the UAE Vision 2021, a strategic roadmap to make the UAE among the best countries in the world by 2021.
Functions of the Federal Competitiveness and Statistics Authority Aiming to support the UAE’s competitiveness indicators, the new Authority will undertake a wide array of functions to achieve its goals.
The functions of the Authority include proposing policies, strategies and plans for statistics and competitiveness in coordination with the government and the related entities, as well as evaluating international best practices in all areas of the statistics and competitiveness sectors.
The FCSA will also work to promote a culture of competitiveness, and provide training and support to all government entities for the advancement of statistics and competitive operations.
It will act as an incubator for promoting best and specialized national skills in the UAE, in addition to preparing and implementing a unified statistical system for various sectors in the country.
The Authority will also represent the nation at various international forums in the field of statistics and competitiveness. Enhancing coordination with local entities FCSA is entrusted with a bigger vision and wider tasks to make significant positive changes in strategies to strengthen the efforts of the UAE to increase its competitiveness, especially through information and data revolution.
As per the decree, the Authority is the first and only official reference for all matters related to competitiveness for global reports and surveys.
It will be also a source of official statistics regarding the nation. The Federal Competitiveness and Statistics Authority also will serve as the main link between all the federal and local governments, as well as private sector and international organisations in all matters related to the competitiveness and statistics.
The new Federal decree also nullifies the Federal Law No. 9 of 2009 concerning the National Bureau of Statistics, and eliminates all regulations contrary to or inconsistent with its provisions.
The federal decree will be published in the official newspapers, and shall be effective from the day following the date of publishing. The UAE Cabinet also issued a decree appointing Reem Ibrahim Al Hashimi, Minister of State, as Chairperson of the Federal Competitiveness and Statistics Authority.
The board will include representatives from the Executive Councils of Abu Dhabi, Dubai, Sharjah, Ajman, Umm Al Qaiwain, Ras al-Khaimah, and Al Diwan Al Amiri in Fujairah.
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The UAE was ranked first regionally and 16th globally, maintaining its lead among the top 20 competitive economies in the world, according to the recent version of the Global Competitiveness Report 2016 issued by the World Economic Forum (Davos) in Switzerland.
The report is one of the most important global competitiveness reports, which monitors annual performance and competitiveness of the economies of countries in terms of strength, weakness, impact on quality of life, prosperity and well-being of people.
Reem bint Ibrahim Al Hashimi, Minister of State for International Cooperation and Chairperson of the Board of the Federal Competitiveness and Statistics Authority, said that the UAE positions itself on the world stage, thanks to the efforts of the federal and local taskforces who are working as one team under one vision for 2021, and others in this respect.
She added that these taskforces work in accordance with the plans and strategy and subject to continuous evaluation and development in line with the aspirations of the wise leadership to make the UAE one of the best countries in the world by 2021 with the advent of the golden jubilee on the establishment of the Union.
This year’s report surveys the economies of 138 countries rated through 114 performance indexes and in 12 basic axis, including institutions, infrastructure, education, health, innovation, efficiency of the labour market and other topics. Evaluation is based on statistics and data from participating countries in the report in terms of opinion polls and surveys on executives and major investors in those countries.
The UAE was ranked in the first 10 positions globally in three basic themes in the report. It is also among the best 20 countries globally in half of these axes. The UAE came in third place globally in the axis of efficient goods market, which is the sign of success of the diversification policy of the economy in the state, clarity of vision and strategic plans on the performance and efficiency of the business market.
It also came in fourth place globally in the infrastructure hub. This is an indication of activity in infrastructure projects across the country and its role in supporting the UAE economy in all areas and sectors, making it an attractive environment for investment and business at the regional and global level.
High-performance and efficient government institutions
At the level of indicators, the UAE was ranked among the 20 countries globally in 76 out of 114 indicators evaluated in this report. Regarding the institutions, the UAE was ranked first globally in the absence of the impact of crime and violence at work index, and second place globally in the people’s trust in the leadership and lack of wasteful government spending indexes.
The UAE was ranked in the third place globally in the efficient government index. This reflects the success of the leadership strategy and steps taken toward achieving the high performance and efficiency in the government work at the federal and local levels to ensure the happiness of citizens and residents and well-being on the territory of the state.
World-class infrastructure
On the infrastructure, the UAE has won the first place globally in the road quality index and second place globally in the airport infrastructure and means of air transport quality index. It also came in the third place globally in the seaport infrastructure quality and rate of mobile phone subscriptions per 100 users indexes. The UAE was ranked in the fourth place in the global index of quality of infrastructure and fifth in the index of number of airline seats available for each million passengers a week.
This performance reflects the huge investments made by the state to develop and improve the infrastructure in terms of extending road network, building new airports and the expansion of existing airports, the development of seaports and plans to link the UAE rail network within the Union Railway project.
Mature and sophisticated markets
In tribute to the development of the UAE market at various levels, the report reveals the UAE has been ranked in many of the first places in each of goods market efficiency and the labor market efficiency indexes. The UAE was ranked first globally in the lack of impact of taxes on investment index. And the second place globally on the lack of the tax impact on the labour market and the ability of the state to attract international skills indexes. The UAE also came third place in the global index of lack of tariff barriers and the ability of the state to retain the World skills.
Technological development and innovation
On the readiness of the technology sector, the maturity of the business sector, and higher education and training areas, the UAE has achieved the first position globally in the index of the government spending on new technologies” and the second place globally in the index of provision of specialised trade zones (free zones), and the third place in the global index of foreign direct investment and technology transfer to the state. The state was also ranked fourth globally in the index of the Internet connection to the schools and fifth place in the global index of availability of scientists and engineers in the state.
The Global Competitiveness Report issued by the World Economic Forum (Davos) in Switzerland, is one of the world’s most important reports and issued since 1971, and aims to help countries around the world to identify the obstacles to sustainable economic growth and development of strategies to reduce poverty and increase prosperity. It assesses the countries abilities to provide high levels of prosperity and well-being of their citizens. The report also provides a comprehensive assessment of the strengths and challenges facing the economies of countries.
- Program Celebrated its 50th anniversary at FCSA headquarters in Dubai
Dubai, October 25, 2018
The Federal Competitiveness and Statistics Authority (FCSA) has hosted the third Governing Board Meeting of the International Comparison Program (ICP) at its headquarters in Dubai Festival City, marking the first time the meeting takes place in the Middle East.
Held in collaboration with the World Bank, the meeting was chaired by Statistics Austria, the country’s federal statistical office, and follows the three-day UN World Data Forum 2018, organised by the FCSA in Madinat Jumeirah on October 22-24, bringing together more than 2,500 data experts, policy-makers, and representatives from academia, private companies and civil society organisations (CSOs) from around the world.
FCSA Director General His Excellency Abdulla Nasser Lootah welcomed the Board members to the Authority’s headquarters, congratulating them on the International Comparison Program’s Golden Jubilee. “The initiative has come a long way since 1968 and has evolved into the largest statistical partnership in the world with participation from more than 200 countries, 20 institutions and many renowned experts,” H.E. said.
“The United Arab Emirates joined the programme in 2011 and is fully committed since then to all its requirements,” H.E. Lootah added, noting that the UAE was one of the first countries to implement sub-national Purchasing Power Parity (PPP) in 2015. “We believe that the ICP outcomes are very important for the Sustainable Development Goals (SDGs), national statistics requirements, the UAE National Agenda, and competitiveness reports,” he concluded.
"Producing regular high quality data on Purchasing Power Parities is of utmost importance for reliable international economic comparisons of countries and lies at the heart of the International Comparison Programme. Strong commitment at the highest level as we have seen it from members and observers of the ICP Governing Board in its meeting in Dubai make me confident that the currently running ICP exercise will be a big success.", says Konrad Pesendorfer, Co-Chair of the ICP Governing Board and Director General of Statistics Austria.
The attending Board members discussed the overall progress made in the implementation of the ICP’s 2017 cycle and interim activities, examined regional progress reports, and evaluated outstanding risks and mitigation measures, before concluding the meeting with preparing for the ICP 2020 cycle.
The ICP is a worldwide statistical initiative led by the World Bank under the auspices of the United Nations Statistical Commission, with the main objective of providing comparable price and volume measures of gross domestic product (GDP) and its expenditure aggregates among countries within and across regions. Through a partnership with international, regional, sub-regional and national agencies, the ICP collects and compares price data and GDP expenditures to estimate and publish purchasing power parities (PPPs) of the world’s economies.
The Governing Board (GB), meanwhile, is a strategic and policy-making body, which sets the policies that govern the production of regional and global PPPs; approves the methodology and any methodological improvements; conducts outreach to policy-makers to ensure the inclusion of the ICP in the national permanent statistical work; and helps with fund-raising at country level to increase national funding for the ICP.
Austria currently co-chairs the ICP Governing Board with India; the Board includes members from Belarus, Brazil, China, Fiji, Saudi Arabia, Senegal, South Africa, Suriname, and the United States, as well as from organisations such as the Asian Development Bank, African Development Bank, International Monetary Fund, Organisation for Economic Co-operation and Development (OECD), Economic Commission for Latin America and the Caribbean, the United Nations Statistics Division, and the World Bank. The Statistical Office of the Commonwealth of Independent States and the United Nations Economic and Social Commission for Western Asia (UN_ESCWA) also serve on the Board as observers.
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