Dubai: The UAE has been ranked as the world’s most economically stable nation, leading a list of 89 countries in the latest report by US News & World Report.
The UAE’s top ranking is credited to its low manufacturing costs, favorable tax policies, streamlined bureaucracy, absence of corruption, and transparency in government operations—qualities that have propelled it ahead of traditional economic leaders.
Other high-ranking countries in economic stability include Germany, Canada, Japan, Australia, Sweden, Denmark, the Netherlands, and Saudi Arabia, all of which have shown considerable improvements across various economic indicators.
In a tweet marking the achievement, Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Interior, stated: “The UAE ranks first in the world for economic stability, according to U.S. News. This top classification is based on our sustained commitment to maintaining low manufacturing costs, creating a favorable tax environment, reducing bureaucracy, ensuring no corruption, and upholding transparency in government practices.”
The rankings are part of the US News Best Countries report, now in its ninth edition, produced in collaboration with the Wharton School of the University of Pennsylvania and global marketing firm WPP.
The rankings assess both economic performance and global perceptions of countries, with evaluations across ten thematic subcategories, such as Quality of Life and Open for Business. The UAE’s top score in economic stability falls under the ‘Open for Business’ category, emphasizing factors like tax rates and government transparency, which are essential for attracting international investments.
This year’s report was informed by nearly 17,000 survey responses from individuals worldwide, including informed elites, business leaders, and the general public, who evaluated countries on 73 attributes relevant to modern success, such as technological readiness and business accessibility.
