Number of Borrowers, Commercial Banks, of Which: Household Sector in United Arab Emirates
United Arab Emirates: Number of Borrowers, Commercial Banks, of Which: Household Sector was 5.36 million in 2023. ▲ Rising
Number of Borrowers, Commercial Banks, of Which: Household Sector in United Arab Emirates, 2014–2023
Source: International Monetary Fund.
Analysis
In 2023, number of borrowers, commercial banks, of which: household sector in United Arab Emirates stood at 5.36 million. That is the highest value across all 10 years on record.
The figure is up 10.5% on the previous year and up 49.1% over ten years.
Over the whole period, number of borrowers, commercial banks, of which: household sector in United Arab Emirates peaked at 5.36 million in 2023 and was at its lowest, 3.59 million, in 2014.
That places United Arab Emirates 19th out of 89 countries with data for 2023, putting it in the top quarter.
Number of Borrowers, Commercial Banks, of Which: Household Sector in United Arab Emirates, year by year
| Year | Value | Change |
|---|---|---|
| 2014 | 3.59 million | — |
| 2015 | 3.73 million | +3.7% |
| 2016 | 4.16 million | +11.4% |
| 2017 | 4.22 million | +1.5% |
| 2018 | 4.24 million | +0.6% |
| 2019 | 3.91 million | -7.8% |
| 2020 | 3.75 million | -4.2% |
| 2021 | 4.37 million | +16.6% |
| 2022 | 4.85 million | +11.0% |
| 2023 | 5.36 million | +10.5% |
United Arab Emirates compared with similar countries
- United Arab Emirates's 5.36 million is above the median for high income countries, which is 2.09 million, 2.6× the median. (27 countries reporting)
- United Arab Emirates's 5.36 million is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.45 million, 3.7× the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.98 million | 3.59 million | 4.24 million | 6 |
| 2020s | 4.58 million | 3.75 million | 5.36 million | 4 |
Countries ranked near United Arab Emirates
More financial sector data for United Arab Emirates
- Reserve position in the IMF, US dollar, annual growth rate 3.08 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0014 units per US$ of GDP (2024)
- Reserve position in the IMF, US dollar, per capita 69.02 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate -1.84 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0011 units per US$ of GDP (2024)
- Reserve position in the IMF, SDR, per capita 50.4 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 3.08 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0014 units per US$ of GDP (2024)
- Reserve tranche position, US dollar, per capita 69.02 units per person (2025)
- Reserve tranche position, SDR, annual growth rate -1.84 % change on previous year (2025)
Frequently asked questions
- What is number of borrowers, commercial banks, of which: household sector in United Arab Emirates?
- Number of borrowers, commercial banks, of which: household sector in United Arab Emirates was 5.36 million in 2023, according to International Monetary Fund.
- What is the highest number of borrowers, commercial banks, of which: household sector recorded in United Arab Emirates?
- The highest recorded value was 5.36 million in 2023.
- What is the lowest number of borrowers, commercial banks, of which: household sector recorded in United Arab Emirates?
- The lowest recorded value was 3.59 million in 2014.
- How does United Arab Emirates rank for number of borrowers, commercial banks, of which: household sector?
- United Arab Emirates ranks 19th out of 89 countries with data for 2023.
- Is number of borrowers, commercial banks, of which: household sector rising or falling in United Arab Emirates?
- Over the last ten years it is up 49.1%. 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 Number of Borrowers, Commercial Banks, of Which: Household Sector Borrowers. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.