The economy of the United Arab Emirates is the second largest in the Arab world (after Saudi Arabia), with a gross domestic product (GDP) of $377 billion (AED1.38 trillion) in 2012. A third of the GDP is from oil revenues. The economy was expected to grow between 4-4.5% in 2013, compared to 2.3-3.5% over the past five years. Since the independence in 1971, UAE's economy has grown by nearly 231 times to AED1.45 trillion in 2013. The non-oil trade has grown to AED1.2 trillion, a growth by around 28 times from 1981 to 2012.

(Source : Wikipedia)