United Arab Emirates Current Account to GDP 1980-2014 | Data | Chart

The United Arab Emirates recorded a Current Account surplus of 14.91 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in the United Arab Emirates averaged 9.77 Percent from 1980 until 2013, reaching an all time high of 25 Percent in 1980 and a record low of 0.10 Percent in 1994. Current Account to GDP in the United Arab Emirates is reported by the Central Bank of the United Arab Emirates.

   
 
 

United Arab Emirates Current Account to GDP


Actual Previous Highest Lowest Dates Unit Frequency
14.91 17.34 25.00 0.10 1980 - 2013 Percent Yearly
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. This page provides - United Arab Emirates Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - United Arab Emirates Current Account to GDP - was last refreshed on Saturday, November 1, 2014.

United Arab Emirates Trade Last Previous Highest Lowest Unit
Balance of Trade 503694.00 484710.00 503694.00 40840.00 AED Million [+]
Exports 1390630.00 1283474.00 1390630.00 177800.00 AED Million [+]
Imports 886936.00 798766.00 886936.00 128570.00 AED Million [+]
Current Account 237546.00 253260.00 253260.00 12510.00 SYP Million [+]
Current Account to GDP 14.91 17.34 25.00 0.10 Percent [+]
Gold Reserves 6.16 6.16 12.35 6.16 Tonnes [+]
Crude Oil Production 2820.00 2820.00 2820.00 990.00 BBL/D/1K [+]