United Arab Emirates: Trade balance, percent of GDP

* indicates monthly or quarterly data series
 United Arab Emirates

Trade balance as percent of GDP

 Latest value 25.28
 Year 2020
 Measure percent
 Data availability 2001 - 2020
 Average 19.49
 Min - Max 5.84 - 35.3
 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 19.49 percent with a minimum of 5.84 percent in 2009 and a maximum of 35.3 percent in 2012. The latest value from 2020 is 25.28 percent. For comparison, the world average in 2020 based on 163 countries is -4.88 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 - Trade balance, percent of GDP - recent values

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




The trade balance for the United Arab Emirates and other countries is calculated as the difference between the exports and imports of goods and services, as percent of GDP. A positive number means trade surplus and a negative number means trade deficit.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).


 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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