Moody’s: Abu Dhabi per Capita Income Significantly Higher Than Its Peers

Moody’s: Abu Dhabi per Capita Income Significantly Higher Than Its Peers

Abu Dhabi's per capita income is substantially higher than its sovereign peers including the GCC countries, according to Moody's Investors Service.. Moody's estimated Abu Dhabi ran a modest budget deficit of 0.3 per cent of GDP in 2019, a significant reversal from the 6.4 per cent deficit of 2016, due to increasing oil prices.. Worldwide Governance Indicators for rule of law and control of corruption have been trending upward since 2010, albeit at a slower pace, it added..