United Arab Emirates: Current account, in dollars
* indicates monthly or quarterly data series
| United Arab Emirates |
Current account balance, billion USD |
|---|---|
| Latest value | 79.97 |
| Year | 2024 |
| Measure | billion U.S. dollars |
| Data availability | 2023 - 2024 |
| Average | 74.30 |
| Min - Max | 68.62 - 79.97 |
| Source | The World Bank |
The latest value from 2024 is 79.97 billion U.S. dollars, an increase from 68.62 billion U.S. dollars in 2023. In comparison, the world average is 2.69 billion U.S. dollars, based on data from 159 countries. Historically, the average for the United Arab Emirates from 2023 to 2024 is 74.3 billion U.S. dollars. The minimum value, 68.62 billion U.S. dollars, was reached in 2023 while the maximum of 79.97 billion U.S. dollars was recorded in 2024.
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Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income. Data are in current U.S. dollars.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 107.80 | 2024 | percent |
| Trade openness | 199.04 | 2023 | percent |
| Financial openness | 2.290 | 2022 | index points |
| Exports, percent of GDP | 106.85 | 2023 | percent |
| Exports, billion dollars | 558.40 | 2023 | billion U.S. dollars |
| Growth of exports | 6.88 | 2023 | percent |
| Imports, percent of GDP | 92.20 | 2023 | percent |
| Imports, billion dollars | 481.85 | 2023 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 8.26 | 2024 | percent |
| Foreign Direct Investment, billion dollars | 45.64 | 2024 | billion U.S. dollars |
| Current account, percent of GDP | 14.48 | 2024 | percent |
| Current account, in dollars | 79.97 | 2024 | billion U.S. dollars |
| Trade balance, percent of GDP | 14.65 | 2023 | percent |
| Trade balance, in dollars | 131.03 | 2024 | billion U.S. dollars |
| Reserves | 292.32 | 2025 | billion U.S. dollars |
| Remittances, percent of GDP | 0.33 | 2024 | percent |
| Remittances | 1,797.14 | 2024 | million U.S. dollars |
| Net errors and omissions | 6,099.39 | 2024 | million USD |