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United Arab Emirates Economy

The UAE economy with a population of 8.1 Million (Est 2010) ranks 54th in the world with a GDP PPP of 184.984 billion and GDP PPP per capita of 36,843 vs 45,934 (United States) according to the IMF in 2009. Its currency is the Emirati dirham (AED). Bank deposits held for a fixed term in United Arab Emirates are called fixed deposits. According to CIA.gov its inflation was 15.8% in 2008 and 1.5% in 2009.