The UAE’s Rise to Global Leadership in Competitiveness 2024

The UAE has achieved a remarkable milestone, ranking first globally in 223 competitiveness indicators in 2024. This success highlights the nation’s dedication to progress, innovation, and creating opportunities for its people.

Key Achievements:

1. Top Global Rankings:
   • The UAE was among the top five in 444 indicators and top ten in 661 indicators worldwide, proving its global leadership.
2. Global Competitiveness Leader:
   • Ranked 7th globally in the IMD World Competitiveness Yearbook 2024.
   • Highlights include:
     • 2nd in Economic Performance.
     • 4th in Government Efficiency.
     • 10th in Business Environment Efficiency.
3. Human Development and Infrastructure:
   • Ranked 1st in the region and 17th globally on the UNDP Human Development Index.
   • Recognized for sustainable infrastructure, ranking 5th globally.
4. Entrepreneurship:
   • Ranked 1st globally in the Global Entrepreneurship Monitor report for the third year, scoring an unmatched 7.7.
5. Tourism and Transportation:
   • Global leader in air and port infrastructure.
   • Top rankings in road quality (5th) and public transport efficiency (10th).
6. Foreign Investment:
   • Ranked 2nd globally for new foreign direct investment (FDI) projects, attracting $30.7 billion in 2023.
7. Digital Transformation:
   • Achieved 1st place globally in ICT Infrastructure, with significant advancements in human capital and e-governance.

What Drives the UAE’s Success?

The UAE’s success stems from its visionary leadership, cutting-edge technology investments, and forward-thinking policies. Its modern infrastructure, thriving business environment, and strong focus on sustainability make it a global role model.

What’s Next for the UAE?

With these accomplishments, the UAE is poised for even greater achievements, setting a standard for other nations. By focusing on innovation, quality of life, and entrepreneurship, the UAE continues to lead the way into the future.