Total Government Debt for General Government for United Arab Emirates

AREGGDGDPGDPPT • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

31.28

Year-over-Year Change

100.40%

Date Range

1/1/2000 - 1/1/2025

Summary

The 'Total Government Debt for General Government for United Arab Emirates' series measures the total public debt of the UAE government as a percentage of its gross domestic product. This macroeconomic indicator is closely watched by economists and policymakers to assess the UAE's fiscal health and overall economic stability.

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

This series represents the total outstanding debt owed by the UAE government, including both internal and external obligations. It is an important metric for evaluating the government's ability to service its debt and manage fiscal policy. The data is commonly used by analysts to gauge the UAE's creditworthiness and overall public finance position.

Methodology

The data is collected and published by the International Monetary Fund (IMF).

Historical Context

Policymakers and investors closely monitor this debt-to-GDP ratio to understand the UAE government's fiscal trajectory and its implications for the broader economy.

Key Facts

  • The UAE's government debt-to-GDP ratio reached a high of 28.4% in 2020.
  • The UAE government has set a target to reduce its debt-to-GDP ratio to 25% by 2023.
  • Strong oil revenues have enabled the UAE to maintain relatively low levels of public debt historically.

FAQs

Q: What does this economic trend measure?

A: The 'Total Government Debt for General Government for United Arab Emirates' series measures the total public debt owed by the UAE government as a percentage of its gross domestic product.

Q: Why is this trend relevant for users or analysts?

A: This metric is closely watched by economists and policymakers to assess the UAE's fiscal health and overall economic stability, as it reflects the government's ability to service its debt and manage fiscal policy.

Q: How is this data collected or calculated?

A: The data is collected and published by the International Monetary Fund (IMF).

Q: How is this trend used in economic policy?

A: Policymakers and investors use this debt-to-GDP ratio to understand the UAE government's fiscal trajectory and its implications for the broader economy, as it is an important indicator of the country's creditworthiness and public finance position.

Q: Are there update delays or limitations?

A: The data is published by the IMF on a periodic basis, and there may be some delays in the availability of the most recent figures.

Related Trends

Citation

U.S. Federal Reserve, Total Government Debt for General Government for United Arab Emirates (AREGGDGDPGDPPT), retrieved from FRED.