United Arab Emirates: Trade openness
* indicates monthly or quarterly data series
| United Arab Emirates |
Trade openness: exports plus imports as percent of GDP |
|---|---|
| Latest value | 166.57 |
| Year | 2020 |
| Measure | percent |
| Data availability | 2001 - 2020 |
| Average | 142.80 |
| Min - Max | 89.86 - 172.80 |
| Source | The World Bank |
The latest value from 2020 is 166.57 percent, a decline from 167.38 percent in 2019. In comparison, the world average is 83.29 percent, based on data from 169 countries. Historically, the average for the United Arab Emirates from 2001 to 2020 is 142.8 percent. The minimum value, 89.86 percent, was reached in 2001 while the maximum of 172.8 percent was recorded in 2017.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
Historical series
Definition: Exports plus imports as percent of GDP.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
| 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 |