The United Arab Emirates recorded a Current Account surplus of 9.10 percent of the country's Gross Domestic Product in 2018.

Current Account to GDP in the United Arab Emirates averaged 9.74 percent from 1980 until 2018, reaching an all time high of 25 percent in 1980 and a record low of 0.10 percent in 1994. This page provides - United Arab Emirates Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Current Account to GDP in the United Arab Emirates is expected to be 7.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Arab Emirates Current Account to GDP is projected to trend around 5.10 percent in 2020, according to our econometric models.

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United Arab Emirates Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
9.10 7.30 25.00 0.10 1980 - 2018 percent Yearly

United Arab Emirates Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.

United Arab Emirates Trade Last Previous Highest Lowest Unit
Balance of Trade 299400.00 246900.00 520321.00 40840.00 AED Million [+]
Current Account 139000.00 971000.00 971000.00 12510.00 AED Million [+]
Current Account to GDP 9.10 7.30 25.00 0.10 percent [+]
Imports 864400.00 904700.00 904700.00 128570.00 AED Million [+]
Exports 1163800.00 1151500.00 1363318.00 177800.00 AED Million [+]
Gold Reserves 12.41 8.51 12.41 0.00 Tonnes [+]
Crude Oil Production 3065.00 3070.00 3336.00 990.00 BBL/D/1K [+]
Terrorism Index 0.05 0.11 1.12 0.00 [+]
Weapons Sales 113.00 103.00 128.00 1.00 USD Million [+]
Foreign Direct Investment 38100.00 38000.00 52100.00 14700.00 AED Million [+]