United Arab Emirates: Private sector credit
* indicates monthly or quarterly data series
The most recent value is 1348.85 billion U.A.E. Dirham as of November 2024, an increase compared to the previous value of 1347.48 billion U.A.E. Dirham. Historically, the average for the United Arab Emirates from December 2013 to November 2024 is 1104.35 billion U.A.E. Dirham. The minimum of 838.6 billion U.A.E. Dirham was recorded in January 2014, while the maximum of 1348.85 billion U.A.E. Dirham was reached in November 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: Private sector credit, billion currency units |
|---|---|
| 2024 Nov | 1348.85 |
| 2024 Oct | 1347.48 |
| 2024 Sep | 1345.76 |
| 2024 Jul | 1315.4 |
| 2024 Jun | 1306.42 |
| 2024 May | 1293.17 |
| 2024 Apr | 1278.06 |
| 2024 Mar | 1272.3 |
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Definition: Private sector credit refers to the credit extended by commercial banks and other deposit-taking institutions (excluding central banks) to private non-financial firms and households. 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 | 3.6728 | 3/2025 | Local Currency Units per USD |
| Money supply (broad money) | 2,278.88 | 11/2024 | billion |
| Consumer Price Index (CPI) | 108.7489 | 11/2024 | index points |
| Inflation, monthly | 0.36 | 11/2024 | percent |
| Inflation, annual | 1.23 | 11/2024 | percent |
| Private sector credit | 1,348.85 | 11/2024 | billion |
| Business credit | 863.11 | 11/2024 | billion |
| Household credit | 485.74 | 11/2024 | billion |