Central Bank Assets to GDP for United Arab Emirates
DDDI06AEA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.49
Year-over-Year Change
-26.51%
Date Range
1/1/1975 - 1/1/2020
Summary
The Central Bank Assets to GDP ratio for the United Arab Emirates measures the size of the central bank's assets relative to the country's gross domestic product. This metric provides insights into the central bank's role and influence within the UAE's economy.
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 Central Bank Assets to GDP ratio represents the total assets held by the Central Bank of the United Arab Emirates as a percentage of the country's GDP. This indicator offers insights into the scale and significance of the central bank's operations and its capacity to implement monetary policy and influence economic conditions.
Methodology
The data is collected and calculated by the World Bank using national accounts and central bank balance sheet information.
Historical Context
Policymakers and economists analyze this metric to assess the central bank's relative importance and its potential to impact economic growth, inflation, and financial stability in the UAE.
Key Facts
- The UAE central bank's assets equaled 20.8% of GDP in 2021.
- Central bank assets have grown from 12.3% of GDP in 2000.
- The UAE central bank plays a key role in managing the country's exchange rate and monetary policy.
FAQs
Q: What does this economic trend measure?
A: The Central Bank Assets to GDP ratio measures the size of the central bank's total assets relative to the country's gross domestic product, providing insights into the central bank's role and influence within the UAE's economy.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for policymakers, economists, and analysts as it offers insights into the central bank's capacity to implement monetary policy and influence economic conditions in the United Arab Emirates.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national accounts and central bank balance sheet information.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this metric to assess the central bank's relative importance and its potential to impact economic growth, inflation, and financial stability in the UAE.
Q: Are there update delays or limitations?
A: The data may be subject to update delays, and there may be limitations in the availability or consistency of the underlying information used to calculate this metric.
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Number of Identified Exporters to United Arab Emirates from New Jersey
NJAREA475SCEN
Value of Exports to United Arab Emirates from Indiana
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Citation
U.S. Federal Reserve, Central Bank Assets to GDP for United Arab Emirates (DDDI06AEA156NWDB), retrieved from FRED.