The United Arab Emirates recorded a Current Account surplus of 5.90 percent of the country's Gross Domestic Product in 2020. source: Central Bank of the United Arab Emirates

Current Account to GDP in the United Arab Emirates averaged 9.65 percent from 1980 until 2020, reaching an all time high of 25 percent in 1980 and a record low of 0.10 percent in 1994. This page provides - United Arab Emirates Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Arab Emirates Current Account to GDP - values, historical data and charts - was last updated on January of 2022.

Current Account to GDP in the United Arab Emirates is expected to reach 4.30 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Arab Emirates Current Account to GDP is projected to trend around 5.00 percent of GDP in 2022 and 5.10 percent of GDP in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
United Arab Emirates Current Account to GDP


Related Last Previous Unit Reference
Balance of Trade 228900.00 274600.00 AED Million Dec/20
Current Account to GDP 5.90 8.90 percent of GDP Dec/20
Current Account 77100.00 108900.00 AED Million Dec/20
Imports 774100.00 856900.00 AED Million Dec/20
Exports 1003000.00 1160200.00 AED Million Dec/20
United Arab Emirates Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.