IDA & IBRD total vs United Arab Emirates: External balance on goods and services
External balance on goods and services over time
- IDA & IBRD total
- United Arab Emirates
How they compare
United Arab Emirates currently reports 14.6% against 1.0% in IDA & IBRD total, a difference of 13.6%.
That makes United Arab Emirates's figure about 14.1 times IDA & IBRD total's.
Across all 23 years both countries report, United Arab Emirates has been ahead every year.
IDA & IBRD total ranks 16th and United Arab Emirates ranks 16th of 44 groups.
United Arab Emirates has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | IDA & IBRD total | United Arab Emirates | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 1.8% | 10.1% | 8.3% | United Arab Emirates |
| 2010s | 0.3% | 26.6% | 26.3% | United Arab Emirates |
| 2020s | 0.7% | 16.6% | 15.8% | United Arab Emirates |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher external balance on goods and services, IDA & IBRD total or United Arab Emirates?
- United Arab Emirates, at 14.6% against 1.0% in IDA & IBRD total as of 2023.
- What is the difference in external balance on goods and services between IDA & IBRD total and United Arab Emirates?
- 13.6%, with United Arab Emirates ahead.
- How many years of comparable data are there for IDA & IBRD total and United Arab Emirates?
- 23 years are reported by both, from 2001 to 2023.
- How do IDA & IBRD total and United Arab Emirates rank globally for external balance on goods and services?
- IDA & IBRD total ranks 16th and United Arab Emirates ranks 16th of 44 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as External balance on goods and services (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.