Private credit by deposit money banks and other financial in United Arab Emirates
United Arab Emirates: Private credit by deposit money banks and other financial was 88.4% in 2020. ◆ Volatile
Private credit by deposit money banks and other financial in United Arab Emirates, 1975–2020
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for private credit by deposit money banks and other financial in United Arab Emirates is 88.4%, measured in 2020. That is the highest value across all 46 years on record.
The figure is up 12.9% on the previous year and up 18.8% over ten years.
Over the whole period, private credit by deposit money banks and other financial in United Arab Emirates peaked at 88.4% in 2020 and was at its lowest, 9.8%, in 1975.
That places United Arab Emirates 40th out of 187 countries with data for 2020, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Private credit by deposit money banks and other financial in United Arab Emirates, year by year
| Year | % | Change |
|---|---|---|
| 1975 | 9.8% | — |
| 1976 | 13.8% | +41.3% |
| 1977 | 16.3% | +18.2% |
| 1978 | 21.0% | +29.1% |
| 1979 | 17.8% | -15.3% |
| 1980 | 15.6% | -12.5% |
| 1981 | 16.5% | +6.0% |
| 1982 | 18.5% | +12.2% |
| 1983 | 21.3% | +14.9% |
| 1984 | 21.8% | +2.1% |
| 1985 | 22.6% | +3.7% |
| 1986 | 29.1% | +28.9% |
| 1987 | 29.2% | +0.4% |
| 1988 | 31.9% | +9.4% |
| 1989 | 30.3% | -5.1% |
| 1990 | 25.2% | -16.8% |
| 1991 | 26.7% | +6.2% |
| 1992 | 27.0% | +0.9% |
| 1993 | 28.3% | +4.7% |
| 1994 | 29.3% | +3.8% |
| 1995 | 29.7% | +1.4% |
| 1996 | 29.2% | -1.7% |
| 1997 | 31.1% | +6.3% |
| 1998 | 36.9% | +18.6% |
| 1999 | 35.6% | -3.5% |
| 2000 | 31.3% | -12.1% |
| 2001 | 34.4% | +10.0% |
| 2002 | 36.1% | +4.9% |
| 2003 | 36.2% | +0.2% |
| 2004 | 37.7% | +4.3% |
| 2005 | 43.8% | +16.0% |
| 2006 | 47.3% | +8.1% |
| 2007 | 56.0% | +18.5% |
| 2008 | 67.1% | +19.7% |
| 2009 | 84.5% | +25.9% |
| 2010 | 74.4% | -11.9% |
| 2011 | 63.6% | -14.5% |
| 2012 | 60.5% | -4.9% |
| 2013 | 60.0% | -0.8% |
| 2014 | 64.8% | +7.9% |
| 2015 | 79.1% | +22.1% |
| 2016 | 87.6% | +10.8% |
| 2017 | 81.7% | -6.7% |
| 2018 | 77.2% | -5.6% |
| 2019 | 78.3% | +1.4% |
| 2020 | 88.4% | +12.9% |
United Arab Emirates compared with similar countries
- United Arab Emirates's 88.4% is above the median for high income countries, which is 84.9%, 1.0× the median. (62 countries reporting)
- United Arab Emirates's 88.4% is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 64.4%, 1.4× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.7% | 9.8% | 21.0% | 5 |
| 1980s | 23.7% | 15.6% | 31.9% | 10 |
| 1990s | 29.9% | 25.2% | 36.9% | 10 |
| 2000s | 47.4% | 31.3% | 84.5% | 10 |
| 2010s | 72.7% | 60.0% | 87.6% | 10 |
| 2020s | 88.4% | 88.4% | 88.4% | 1 |
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 private credit by deposit money banks and other financial in United Arab Emirates?
- Private credit by deposit money banks and other financial in United Arab Emirates was 88.4% in 2020, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks and other financial recorded in United Arab Emirates?
- The highest recorded value was 88.4% in 2020.
- What is the lowest private credit by deposit money banks and other financial recorded in United Arab Emirates?
- The lowest recorded value was 9.8% in 1975.
- How does United Arab Emirates rank for private credit by deposit money banks and other financial?
- United Arab Emirates ranks 40th out of 187 countries with data for 2020.
- Is private credit by deposit money banks and other financial rising or falling in United Arab Emirates?
- Over the last ten years it is up 18.8%. The long-run trend across the full record is volatile.
- Where does this United Arab Emirates data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks and other financial institutions to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks and other financial institutions (IFS lines 22d and 42d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF)