Current account balance (credit less debit), Percent of GDP (Balance) in United Arab Emirates
United Arab Emirates: Current account balance (credit less debit), Percent of GDP (Balance) was 10.86 in 2030. ▲ Rising
Current account balance (credit less debit), Percent of GDP (Balance) in United Arab Emirates, 2000–2030
Source: International Monetary Fund.
Analysis
The most recent figure for current account balance (credit less debit), percent of gdp (balance) in United Arab Emirates is 10.86, measured in 2030.
That represents a change of down 0.1% on the previous year and up 83.8% over ten years.
Over the whole period, current account balance (credit less debit), percent of gdp (balance) in United Arab Emirates peaked at 18.61 in 2012 and was at its lowest, 3.1, in 2009.
United Arab Emirates ranks 3rd of 32 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 31 years of available data.
Current account balance (credit less debit), Percent of GDP (Balance) in United Arab Emirates, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 16.31 | — |
| 2001 | 9.07 | -44.4% |
| 2002 | 3.32 | -63.4% |
| 2003 | 5.78 | +74.4% |
| 2004 | 6.43 | +11.2% |
| 2005 | 13.17 | +104.7% |
| 2006 | 17.31 | +31.5% |
| 2007 | 7.63 | -55.9% |
| 2008 | 7.06 | -7.5% |
| 2009 | 3.1 | -56.1% |
| 2010 | 3.96 | +28.0% |
| 2011 | 11.8 | +197.7% |
| 2012 | 18.61 | +57.8% |
| 2013 | 17.87 | -4.0% |
| 2014 | 12.82 | -28.3% |
| 2015 | 4.59 | -64.2% |
| 2016 | 3.46 | -24.7% |
| 2017 | 6.82 | +97.2% |
| 2018 | 9.36 | +37.3% |
| 2019 | 8.6 | -8.1% |
| 2020 | 5.91 | -31.3% |
| 2021 | 11.35 | +92.1% |
| 2022 | 13 | +14.5% |
| 2023 | 13.12 | +0.9% |
| 2024 | 14.48 | +10.4% |
| 2025 | 13.18 | -9.0% |
| 2026 | 12.3 | -6.7% |
| 2027 | 11.52 | -6.3% |
| 2028 | 10.97 | -4.8% |
| 2029 | 10.87 | -0.9% |
| 2030 | 10.86 | -0.1% |
United Arab Emirates compared with similar countries
- United Arab Emirates's 10.86 is above the median for high income countries, which is 6.79, 1.6× the median. (6 countries reporting)
- United Arab Emirates's 10.86 is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is -0.3292. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.92 | 3.1 | 17.31 | 10 |
| 2010s | 9.79 | 3.46 | 18.61 | 10 |
| 2020s | 11.67 | 5.91 | 14.48 | 10 |
| 2030s | 10.86 | 10.86 | 10.86 | 1 |
Countries ranked near United Arab Emirates
More financial sector data for United Arab Emirates
- Net domestic credit (current LCU), per capita 156,034 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 2.93 current LCU per US$ of GDP (2024)
- Net domestic credit (current LCU), annual growth rate 10.95 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 83.85 million SDR (2025)
- Gold reserves at market value 7.64 billion SDR (2025)
- Reserves excluding gold, foreign exchange 202.83 billion SDR (2025)
- Reserves excluding gold 205.81 billion SDR (2025)
- Total reserves (gold at market value) 213.45 billion SDR (2025)
- Total reserves (gold at national valuation) 213.34 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 18,530 SDR per person (2025)
Frequently asked questions
- What is current account balance (credit less debit), percent of gdp (balance) in United Arab Emirates?
- Current account balance (credit less debit), percent of gdp (balance) in United Arab Emirates was 10.86 in 2030, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), percent of gdp (balance) recorded in United Arab Emirates?
- The highest recorded value was 18.61 in 2012.
- What is the lowest current account balance (credit less debit), percent of gdp (balance) recorded in United Arab Emirates?
- The lowest recorded value was 3.1 in 2009.
- How does United Arab Emirates rank for current account balance (credit less debit), percent of gdp (balance)?
- United Arab Emirates ranks 3rd out of 32 countries with data for 2030.
- Is current account balance (credit less debit), percent of gdp (balance) rising or falling in United Arab Emirates?
- Over the last ten years it is up 83.8%. The long-run trend across the full record is rising.
- Where does this United Arab Emirates data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
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About this data
The Middle East and Central Asia Department Regional Economic Outlook (MCDREO) provides information on recent economic developments and prospects for 32 countries and territories: Afghanistan, Algeria, Armenia, Azerbaijan, Bahrain, Djibouti, Egypt, Georgia, Islamic Republic of Iran, Iraq, Jordan, Kazakhstan, Kuwait, Kyrgyz Republic, Lebanon, Libya, Mauritania, Morocco, Oman, Pakistan, Qatar, Saudi Arabia, Somalia, Sudan, Syrian Arab Republic, Tajikistan, Tunisia, Turkmenistan, United Arab Emirates, Uzbekistan, West Bank and Gaza, and Yemen. These countries and territories are divided into two main nonoverlapping groups, based on export earnings, namely (1) oil exporters; and (2) oil importers. The oil importers group comprises (1) emerging market and middle-income countries (EM&MI) and (2) low-income countries (LICs) based on the income level. Additional analytical and regional groups might be used to provide a more granular breakdown for analysis and continuity.