The United Arab Emirates recorded a Government Budget deficit equal to 2.60 percent of the country's Gross Domestic Product in 2017. Government Budget in the United Arab Emirates averaged 0.48 percent of GDP from 2000 until 2017, reaching an all time high of 13.50 percent of GDP in 2008 and a record low of -17.70 percent of GDP in 2009.

Government Budget in the United Arab Emirates is expected to be 0.50 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Arab Emirates Government Budget is projected to trend around 1.30 percent of GDP in 2020, according to our econometric models.

United Arab Emirates Government Budget
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United Arab Emirates Government Last Previous Highest Lowest Unit
Government Debt to GDP 20.70 20.70 24.10 2.70 percent [+]
Government Budget -2.60 -3.90 13.50 -17.70 percent of GDP [+]
Government Spending 152794.22 161696.03 161696.03 33440.00 AED Million [+]
Military Expenditure 24399.90 25857.00 25857.00 6740.80 USD Million [+]
Credit Rating 90.00 [+]

United Arab Emirates Government Budget

Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - United Arab Emirates Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Arab Emirates Government Budget - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-2.60 -3.90 13.50 -17.70 2000 - 2017 percent of GDP Yearly

Country Last Previous
Germany 1.30 Dec/17
Switzerland 1.20 Dec/17
Netherlands 1.10 Dec/17
Singapore 0.30 Dec/17
Canada -0.90 Dec/17
Euro Area -0.90 Dec/17
Russia -1.50 Dec/17
Turkey -1.50 Dec/17
Australia -1.90 Dec/17
South Korea -2.00 Dec/17
Italy -2.30 Dec/17
United Kingdom -2.30 Dec/17
Indonesia -2.50 Dec/17
France -2.60 Dec/17
Mexico -2.90 Dec/17
Spain -3.10 Dec/17
China -3.50 Dec/17
United States -3.50 Dec/17
India -3.53 Dec/17
Argentina -3.90 Dec/17
Japan -4.50 Dec/17
South Africa -4.60 Dec/17
Brazil -7.80 Dec/17
Saudi Arabia -8.90 Dec/17