United Arab Emirates: Foreign exchange reserves
* indicates monthly or quarterly data series
The most recent value is 840.17 billion U.A.E. Dirham as of November 2024, an increase compared to the previous value of 829.83 billion U.A.E. Dirham. Historically, the average for the United Arab Emirates from December 2011 to November 2024 is 373.9 billion U.A.E. Dirham. The minimum of 169.38 billion U.A.E. Dirham was recorded in December 2011, while the maximum of 840.17 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: Foreign exchange reserves, billion currency units |
|---|---|
| 2024 Nov | 840.17 |
| 2024 Oct | 829.83 |
| 2024 Sep | 833.32 |
| 2024 Jul | 796.46 |
| 2024 Jun | 785 |
| 2024 May | 781.33 |
| 2024 Apr | 764.83 |
| 2024 Mar | 746.22 |
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Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign
currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the
International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities
to finance trade imbalances, check the impact of foreign exchange fluctuations and address
other issues under the purview of the central bank.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 117.37 | 2021 | percent |
| Trade openness | 202.33 | 2023 | percent |
| Financial openness | 2.299 | 2021 | index points |
| Exports, percent of GDP | 108.61 | 2023 | percent |
| Exports, billion dollars | 558.40 | 2023 | billion U.S. dollars |
| Growth of exports | -7.02 | 2020 | percent |
| Imports, percent of GDP | 70.65 | 2020 | percent |
| Imports, billion dollars | 481.85 | 2023 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 6.09 | 2023 | percent |
| Foreign Direct Investment, billion dollars | 22.33 | 2023 | billion U.S. dollars |
| Current account, percent of GDP | 10.67 | 2023 | percent |
| Trade balance, percent of GDP | 25.28 | 2020 | percent |
| Reserves | 189.49 | 2023 | billion U.S. dollars |
| Foreign exchange reserves | 840.17 | 11/2024 | billion |