Driver Overview
This section shows a country’s rank, ranking change and score for each of the eight drivers. It also categorises each country’s driver performance on a scale from “Emerging” (score from 0-20) to “Global Leader” (score from 80-100).
Rank
Score /100
Best practice
Metric Overview
Strengths
Registering property
According to the World Bank, registering a property takes one and a half days in the United Arab Emirates. This is significantly less time than the High Income Countries’ average of 24.6, placing the United Arab Emirates in the top five for InfraCompass 2020 countries for the metric.
Time required to start a business
According to the World Bank, the time required to start a business has decreased dramatically over the decade from 15.5 days in 2009 to only four days in 2019. Shorter times to set up can persuade businesses to set up in a country, including new infrastructure entities.
Summary credit rating
The United Arab Emirates has a strong credit rating, with a stable outlook. The United Arab Emirates high credit worthiness provides favourable borrowing costs for infrastructure investments.
Top Performing Metrics
Top Performing Metrics
This is defined by the metrics with the highest unweighted score out of 100.
Permits:
Registering property
Permits:
Time required to start a business
Funding capacity:
Summary credit rating
Opportunities to Grow
Value of closed PPP infrastructure deals
The value of closed PPP infrastructure deals as a proportion of GDP is substantially less than the average for the High Income Countries, at only 0.01% compared to 0.11%. This low value may reflect the limited availability of PPP investments in the country.
Long term GDP growth trend
The long-term GDP growth rate for the United Arab Emirates remains at 2.6% compared to the 20 year historical average of 4.7%. Long-term growth rates signal a country’s capacity to fund infrastructure from future growth. The COVID-19 pandemic may impact GDP growth trends.
Stocks traded
The value of stocks traded as a proportion of GDP has fallen quite dramatically in the United Arab Emirates from 36% in 2014 to 6% in 2018. As this indicator measures the liquidity of equities, it is important to infrastructure investors to know they can exit investments at appropriate points.
Metrics to Improve
Metrics to Improve
This is defined by the metrics with the lowest weighted score out of 100, such that these metrics would have the greatest impact on the overall score.
For metrics that have binary outcomes (yes=100/no=0), no comparative income group average is reported.
Activity:
Value of closed PPP infrastructure deals
Funding capacity:
Long term GDP growth trend
Financial markets:
Stocks traded
Detailed Data
This section shows country data for each of the 41 metrics. The figures in brackets denote the change in score since InfraCompass 2017.
Note that all data has been normalised on a scale of 1-100. For raw metric data, please download the complete InfraCompass 2020 dataset.
Where relevant, some metric scores have been inverted, such that all metrics have positive relationships with good infrastructure outcomes. For example, since lower compliance costs make it easier to invest in infrastructure, the normalised value of ‘number of procedures to start a business’ has been reversed such that lower number of procedures are scored closer to 100, and higher numbers closer to 0. In other words, a score of 0 indicates a poor performance, rather than 0 number of procedures.
28.2%
The recovery rate is recorded as cents on the dollar recovered by secured creditors through reorganisation, liquidation or debt enforcement (foreclosure or receivership) proceedings.
20.7%
World Governance Composite Indicator reflecting perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. The rule of law reflects whether the law imposes limits of power on the state, private sector and individuals.
18.1%
Whether the country conducts post-completion reviews on infrastructure projects to ensure the forecast outcomes are being achieved.
15.1%
Measures the governance practices that protect shareholders through three dimensions: the extent of shareholder rights index (shareholders’ rights and role in major corporate decisions), the extent of ownership and control index (governance safeguards protecting shareholders from undue board control and entrenchment), and the extent of corporate transparency index (corporate transparency on ownership stakes).
12.8%
Political stability and absence of violence score
Measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution i.e. ranging from approximately -2.5 to 2.5.
5%
Whether an infrastructure agency exists to coordinate an integrated approach to infrastructure delivery and policy.
United Arab Emirates
High Income Countries Average
Description
The recovery rate is recorded as cents on the dollar recovered by secured creditors through reorganisation, liquidation or debt enforcement (foreclosure or receivership) proceedings.
Weighting (% of Driver)
28.2%
Source Link
Description
World Governance Composite Indicator reflecting perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. The rule of law reflects whether the law imposes limits of power on the state, private sector and individuals.
Weighting (% of Driver)
20.7%
Description
Whether the country conducts post-completion reviews on infrastructure projects to ensure the forecast outcomes are being achieved.
Weighting (% of Driver)
18.1%
Source Link
Description
Measures the governance practices that protect shareholders through three dimensions: the extent of shareholder rights index (shareholders’ rights and role in major corporate decisions), the extent of ownership and control index (governance safeguards protecting shareholders from undue board control and entrenchment), and the extent of corporate transparency index (corporate transparency on ownership stakes).
Weighting (% of Driver)
15.1%
Source Link
Description
Measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution i.e. ranging from approximately -2.5 to 2.5.
Weighting (% of Driver)
12.8%
Description
Whether an infrastructure agency exists to coordinate an integrated approach to infrastructure delivery and policy.
Weighting (% of Driver)
5%
Source Link
Country Overview Data
41,205 USD
10.2 million persons
Infrastructure quality88.5 (0-100 best)
405.8 USD billion
GDP growth rate1.6%
GDP per capita growth rate-4.9%
Gross Government Debt20.0% of GDP
Inflation rate-1.5%
Summary credit rating90.0 (0-100 best)
Unemployment rate2.6%
Urbanisation ratio87.0% of total population
Road connectivity90.1 (0-100 best)
6.0 (1-7 best)
Efficiency of air transport services6.0 (1-7 best)
Efficiency of seaport services5.5 (1-7 best)
Electricity access100.0% of population
Electricity supply quality7.1% of output lost
Exposure to unsafe drinking water11.7% of population
Reliability of water supply6.1 (1-7 best)
Digital Adoption Index0.8 (0-1 best)
Mobile-broadband subscriptions250.0 per 100 population
Fixed-broadband Internet subscriptions31.4 per 100 population