Balance on Current Account for United Arab Emirates
AREBCAUSD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
46,886,003,766.80
Year-over-Year Change
-35.96%
Date Range
1/1/2000 - 1/1/2025
Summary
The Balance on Current Account for United Arab Emirates measures the net flow of goods, services, and investment income between the UAE and the rest of the world. This provides insights into the UAE's trade balance and external economic position.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Balance on Current Account tracks the difference between the UAE's total exports and total imports, including not just merchandise trade but also service trade and investment income. It is a key indicator of the UAE's economic and financial integration with global markets.
Methodology
The data is collected and calculated by the UAE Central Bank based on international standards.
Historical Context
Policymakers and analysts use the current account balance to assess the UAE's international competitiveness and risks to financial stability.
Key Facts
- The UAE current account surplus was $51.4 billion in 2021.
- The UAE's current account has run a surplus for over a decade.
- The UAE is one of the most globally integrated economies in the Middle East.
FAQs
Q: What does this economic trend measure?
A: The Balance on Current Account for the United Arab Emirates tracks the net flow of goods, services, and investment income between the UAE and the rest of the world.
Q: Why is this trend relevant for users or analysts?
A: The current account balance provides insights into the UAE's trade competitiveness, capital flows, and overall integration with the global economy, which are crucial for policymakers and investors.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the UAE Central Bank based on international standards for balance of payments statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the current account balance to assess the UAE's international competitiveness, risks to financial stability, and effectiveness of economic policies.
Q: Are there update delays or limitations?
A: The UAE current account data is typically published with a lag of several months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Balance on Current Account for United Arab Emirates (AREBCAUSD), retrieved from FRED.