United Arab Emirates: Business credit
* indicates monthly or quarterly data series
The most recent value is 858.36 billion U.A.E. Dirham as of July 2024, an increase compared to the previous value of 855.7 billion U.A.E. Dirham. Historically, the average for the United Arab Emirates from December 2013 to July 2024 is 753.31 billion U.A.E. Dirham. The minimum of 556.7 billion U.A.E. Dirham was recorded in January 2014, while the maximum of 858.36 billion U.A.E. Dirham was reached in July 2024.
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* indicates monthly or quarterly data series
- Measure: billion U.A.E. Dirham
- Source: Central Bank of the United Arab Emirates
| Recent values | United Arab Emirates: Business credit, billion currency units |
|---|---|
| 2024 Jul | 858.36 |
| 2024 Jun | 855.7 |
| 2024 May | 851.88 |
| 2024 Apr | 844.12 |
| 2024 Mar | 841.73 |
| 2024 Feb | 828.48 |
| 2024 Jan | 824.98 |
| 2023 Dec | 822.43 |
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Definition: Business credit includes credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms. Included are all credit institutions: domestic and foreign owned as well as private and public ones.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 1.6 | 2023 | percent |
| Exchange rate regimes | 3 | 2022 | index points |
| USD exchange rate | 3.6730 | 1/2025 | Local Currency Units per USD |
| Money supply (broad money) | 2,205.88 | 7/2024 | billion |
| Consumer Price Index (CPI) | 108.3700 | 6/2024 | index points |
| Inflation, monthly | -0.11 | 6/2024 | percent |
| Inflation, annual | 2.41 | 6/2024 | percent |
| Private sector credit | 1,315.40 | 7/2024 | billion |
| Business credit | 858.36 | 7/2024 | billion |
| Household credit | 457.05 | 7/2024 | billion |