UAE tops UN regional industrial performance index - Beacon

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Tuesday, July 18, 2023

UAE tops UN regional industrial performance index

UAE leads Arab region in UN industrial performance index

The UAE has achieved the top position in the Arab world and has climbed two spots to rank 29th globally in UNIDO's Competitive Industrial Performance Index (CIP).

Senior officials highlight empowering national talents and initiatives like ‘Make it in the Emirates’, the ‘National ICV Program’ and the ‘Technology Transformation Program’ have been instrumental in this outcome

This index evaluates the industrial performance of 153 countries worldwide, assessing their ability to produce and export goods in a competitive manner. It utilizes various indicators such as technological capabilities, innovation, productivity, and trade performance.

The UAE has consistently ranked in the top quintile of the CIP, highlighting its position as a significant player in the regional and global industrial sector.

In terms of specific indices within the CIP, the UAE has experienced improvements, moving up from 124 to 115 in Industrial Export Quality, 98 to 95 in the Share of Manufacturing Value Added in GDP, 110 to 97 in the Share of Manufacturing Exports in Total Exports, and 17 to 14 in the Manufacturing Export per Capita indices

The UAE has achieved the top position in the Arab world and has climbed two spots to rank 29th globally in UNIDO's Competitive Industrial Performance Index (CIP).

Senior officials highlight empowering national talents and initiatives like ‘Make it in the Emirates’, the ‘National ICV Program’ and the ‘Technology Transformation Program’ have been instrumental in this outcome

This index evaluates the industrial performance of 153 countries worldwide, assessing their ability to produce and export goods in a competitive manner.

Ministry of Industry and Advanced Technology’s (MOIAT) various initiatives have helped enhance the industrial sector’s efficiency and competitiveness, demonstrating the ability of UAE industries to compete globally.

This has been underlined by the increasing contribution made by the industry to GDP. The sector contributed Dh180 billion last year.

Additionally, various programs under the ministry have significantly boosted the country’s non-oil industrial exports, estimated to have reached more than Dh 170 billion in 2022.

The UAE holds the top ranking in 152 competitiveness indices globally and is among the top 10 in 425 competitive indices. These rankings are based on the Federal Competitiveness and Statistics Centre’s analysis of 1,502 indices published by the United Nations and other international organizations.

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