United Arab Emirates: Imports, percent of GDP

* indicates monthly or quarterly data series
 United Arab Emirates

Imports of goods and services as percent of GDP

 Latest value 70.65
 Year 2020
 Measure percent
 Data availability 2001 - 2020
 Average 61.66
 Min - Max 40.71 - 74.46
 Source The World Bank
For that indicator, we provide data for the United Arab Emirates from 2001 to 2020. The average value for the United Arab Emirates during that period was 61.66 percent with a minimum of 40.71 percent in 2001 and a maximum of 74.46 percent in 2017. The latest value from 2020 is 70.65 percent. For comparison, the world average in 2020 based on 163 countries is 44.34 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
United Arab Emirates - Imports, percent of GDP - recent values

Historical chart
United Arab Emirates - Imports, percent of GDP - historical chart - 2001-2020




The imports of the United Arab Emirates and other countries are calculated as the total amount of goods and services produced abroad and sold at home. Imports are often reported as percent of GDP so that we can evaluate their magnitude relative to the size of the economy.

If imports are about 15 percent or less of GDP the economy is considered relatively closed. That, for example, applies to the U.S. In contrast, many small European countries import over 40 percent of the products they consume. They are considered more open to international trade.
Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.


 Related indicators Latest value Reference Measure
 Terms of trade 117.37 2021 percent
 Trade openness 166.57 2020 percent
 Financial openness 2.299 2021 index points
 Exports, percent of GDP 95.93 2020 percent
 Exports, billion dollars 335.24 2020 billion U.S. dollars
 Growth of exports -7.02 2020 percent
 Imports, percent of GDP 70.65 2020 percent
 Imports, billion dollars 246.89 2020 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 4.48 2022 percent
 Foreign Direct Investment, billion dollars 22.74 2022 billion U.S. dollars
 Current account, percent of GDP 11.55 2021 percent
 Trade balance, percent of GDP 25.28 2020 percent
 Reserves 138.43 2022 billion U.S. dollars
 Foreign exchange reserves 598.35 9/2023 billion
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