Core Insights - The UAE has significantly improved its ranking in the IMD World Competitiveness Yearbook 2025, moving up to 16th place in the "Government Support Index" from 43rd in 2024, reflecting substantial progress in fiscal policy efficiency and public resource management [1] Government Support Index - The Government Support Index measures the proportion of government support to GDP, indicating the effectiveness of public fiscal spending in promoting economic growth [1] - The improvement is attributed to the collaboration between federal and local financial departments, optimizing resource allocation and enhancing financial analysis tools to increase the effectiveness of public spending [1] - The UAE aims to enter the global top ten in this index by 2026 [1] Other Competitiveness Indicators - The UAE ranks first globally in venture capital and personal income tax as a percentage of GDP, second in corporate profit tax rate, and third in government budget surplus [1] - The country also ranks sixth in public finance indicators and is in the top ten for government spending and consumption growth [1] - These achievements reinforce the UAE's competitiveness and resilience as a global economic hub [1]