External balance on goods and services (current LCU), annual growth in United Arab Emirates
United Arab Emirates: External balance on goods and services (current LCU), annual growth was -18.48 % change on previous year in 2023. ◆ Volatile
External balance on goods and services (current LCU), annual growth in United Arab Emirates, 2002–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
United Arab Emirates recorded -18.48 % change on previous year for external balance on goods and services (current lcu), annual growth in 2023.
The figure is down 188.1% on the previous year and down 732.1% over ten years.
Over the whole period, external balance on goods and services (current lcu), annual growth in United Arab Emirates peaked at 302.98 % change on previous year in 2010 and was at its lowest, -49.06 % change on previous year, in 2009.
United Arab Emirates ranks 127th of 192 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current LCU), annual growth in United Arab Emirates, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2002 | -25.37 % change on previous year | — |
| 2003 | 82.13 % change on previous year | -423.7% |
| 2004 | 30.92 % change on previous year | -62.4% |
| 2005 | 81.51 % change on previous year | +163.6% |
| 2006 | 40.04 % change on previous year | -50.9% |
| 2007 | -47.96 % change on previous year | -219.8% |
| 2008 | 41.53 % change on previous year | -186.6% |
| 2009 | -49.06 % change on previous year | -218.1% |
| 2010 | 302.98 % change on previous year | -717.5% |
| 2011 | 67.28 % change on previous year | -77.8% |
| 2012 | 35.91 % change on previous year | -46.6% |
| 2013 | 2.92 % change on previous year | -91.9% |
| 2014 | -8.67 % change on previous year | -396.6% |
| 2015 | -29.84 % change on previous year | +244.1% |
| 2016 | 0.4258 % change on previous year | -101.4% |
| 2017 | 7.66 % change on previous year | +1699.5% |
| 2018 | 22.6 % change on previous year | +195.0% |
| 2019 | -16.7 % change on previous year | -173.9% |
| 2020 | -46.34 % change on previous year | +177.4% |
| 2021 | 46.33 % change on previous year | -200.0% |
| 2022 | 20.97 % change on previous year | -54.7% |
| 2023 | -18.48 % change on previous year | -188.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.22 % change on previous year | -49.06 % change on previous year | 82.13 % change on previous year | 8 |
| 2010s | 38.46 % change on previous year | -29.84 % change on previous year | 302.98 % change on previous year | 10 |
| 2020s | 0.6199 % change on previous year | -46.34 % change on previous year | 46.33 % change on previous year | 4 |
Countries ranked near United Arab Emirates
- 124 Kiribati -16.35 % change on previous year compare
- 125 Haiti -16.93 % change on previous year compare
- 126 Croatia -17.88 % change on previous year compare
- 128 Somalia -19.11 % change on previous year compare
- 129 Morocco -19.48 % change on previous year compare
- 130 French Polynesia -21.77 % change on previous year compare
More economy & growth data for United Arab Emirates
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.85 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.54 Percent per annum (2029)
- Gross capital formation (current US$), annual growth rate 4.47 % change on previous year (2023)
- Gross capital formation (current US$), per unit of GDP 0.2664 current US$ per US$ of GDP (2023)
- Gross capital formation (current US$), per capita 13,280 current US$ per person (2023)
- Gross capital formation (current LCU), annual growth rate 4.47 % change on previous year (2023)
- Gross capital formation (current LCU), per unit of GDP 0.9783 current LCU per US$ of GDP (2023)
- Gross capital formation (current LCU), per capita 48,769 current LCU per person (2023)
- Gross capital formation (constant 2015 US$), annual growth rate 4.22 % change on previous year (2023)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2572 constant 2015 US$ per US$ of GDP (2023)
Frequently asked questions
- What is external balance on goods and services (current lcu), annual growth in United Arab Emirates?
- External balance on goods and services (current lcu), annual growth in United Arab Emirates was -18.48 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest external balance on goods and services (current lcu), annual growth recorded in United Arab Emirates?
- The highest recorded value was 302.98 % change on previous year in 2010.
- What is the lowest external balance on goods and services (current lcu), annual growth recorded in United Arab Emirates?
- The lowest recorded value was -49.06 % change on previous year in 2009.
- How does United Arab Emirates rank for external balance on goods and services (current lcu), annual growth?
- United Arab Emirates ranks 127th out of 192 countries with data for 2023.
- Is external balance on goods and services (current lcu), annual growth rising or falling in United Arab Emirates?
- Over the last ten years it is down 732.1%. The long-run trend across the full record is volatile.
- Where does this United Arab Emirates data come from?
- The figures come from Statizoid (derived), published as part of External balance on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- External balance on goods and services Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.