United Arab Emirates: Private sector credit
* indicates monthly or quarterly data series
The most recent value is 1293.17 billion U.A.E. Dirham as of May 2024, an increase compared to the previous value of 1278.06 billion U.A.E. Dirham. Historically, the average for the United Arab Emirates from December 2013 to May 2024 is 1095.06 billion U.A.E. Dirham. The minimum of 838.6 billion U.A.E. Dirham was recorded in January 2014, while the maximum of 1293.17 billion U.A.E. Dirham was reached in May 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 May | 1293.17 |
| 2024 Apr | 1278.06 |
| 2024 Mar | 1272.3 |
| 2024 Feb | 1254.73 |
| 2024 Jan | 1247.19 |
| 2023 Dec | 1240.27 |
| 2023 Nov | 1257.53 |
| 2023 Oct | 1232.95 |
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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 | 4.8 | 2022 | percent |
| Exchange rate regimes | 3 | 2021 | index points |
| USD exchange rate | 3.6730 | 9/2024 | Local Currency Units per USD |
| Money supply (broad money) | 2,160.39 | 5/2024 | 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 | 1,293.17 | 5/2024 | billion |
| Business credit | 851.88 | 5/2024 | billion |
| Household credit | 441.30 | 5/2024 | billion |