United Arab Emirates: Foreign exchange reserves
* indicates monthly or quarterly data series
The most recent value is 781.33 billion U.A.E. Dirham as of May 2024, an increase compared to the previous value of 764.83 billion U.A.E. Dirham. Historically, the average for the United Arab Emirates from December 2011 to May 2024 is 359.13 billion U.A.E. Dirham. The minimum of 169.38 billion U.A.E. Dirham was recorded in December 2011, while the maximum of 781.33 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: Foreign exchange reserves, billion currency units |
|---|---|
| 2024 May | 781.33 |
| 2024 Apr | 764.83 |
| 2024 Mar | 746.22 |
| 2024 Feb | 722.7 |
| 2024 Jan | 709.7 |
| 2023 Dec | 695.89 |
| 2023 Nov | 634.62 |
| 2023 Oct | 612.24 |
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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 | 166.57 | 2020 | percent |
| Financial openness | 2.299 | 2021 | index points |
| Exports, percent of GDP | 95.93 | 2020 | percent |
| Exports, billion dollars | 335.24 | 2020 | billion U.S. dollars |
| Growth of exports | -7.02 | 2020 | percent |
| Imports, percent of GDP | 70.65 | 2020 | percent |
| Imports, billion dollars | 246.89 | 2020 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 4.48 | 2022 | percent |
| Foreign Direct Investment, billion dollars | 22.74 | 2022 | billion U.S. dollars |
| Current account, percent of GDP | 11.55 | 2021 | percent |
| Trade balance, percent of GDP | 25.28 | 2020 | percent |
| Reserves | 189.49 | 2023 | billion U.S. dollars |
| Foreign exchange reserves | 781.33 | 5/2024 | billion |