External balance on goods and services (current LCU) in United Arab Emirates
United Arab Emirates: External balance on goods and services (current LCU) was 281.13 billion current LCU in 2023. ◆ Volatile
External balance on goods and services in United Arab Emirates, 2001–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for external balance on goods and services in United Arab Emirates is 281.13 billion current LCU, measured in 2023.
That represents a change of down 18.5% on the previous year and down 45.2% over ten years.
Over the whole period, external balance on goods and services in United Arab Emirates peaked at 513.18 billion current LCU in 2013 and was at its lowest, 23.94 billion current LCU, in 2002.
United Arab Emirates ranks 27th of 193 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current LCU) in United Arab Emirates, year by year
| Year | current LCU | Change |
|---|---|---|
| 2001 | 32.08 billion current LCU | — |
| 2002 | 23.94 billion current LCU | -25.4% |
| 2003 | 43.59 billion current LCU | +82.1% |
| 2004 | 57.07 billion current LCU | +30.9% |
| 2005 | 103.59 billion current LCU | +81.5% |
| 2006 | 145.08 billion current LCU | +40.0% |
| 2007 | 75.49 billion current LCU | -48.0% |
| 2008 | 106.85 billion current LCU | +41.5% |
| 2009 | 54.42 billion current LCU | -49.1% |
| 2010 | 219.31 billion current LCU | +303.0% |
| 2011 | 366.86 billion current LCU | +67.3% |
| 2012 | 498.60 billion current LCU | +35.9% |
| 2013 | 513.18 billion current LCU | +2.9% |
| 2014 | 468.67 billion current LCU | -8.7% |
| 2015 | 328.80 billion current LCU | -29.8% |
| 2016 | 330.20 billion current LCU | +0.4% |
| 2017 | 355.50 billion current LCU | +7.7% |
| 2018 | 435.86 billion current LCU | +22.6% |
| 2019 | 363.06 billion current LCU | -16.7% |
| 2020 | 194.82 billion current LCU | -46.3% |
| 2021 | 285.08 billion current LCU | +46.3% |
| 2022 | 344.87 billion current LCU | +21.0% |
| 2023 | 281.13 billion current LCU | -18.5% |
United Arab Emirates compared with similar countries
- United Arab Emirates's 281.13 billion current LCU is above the median for high income countries, which is 3.18 billion current LCU, 88.4× the median. (72 countries reporting)
- United Arab Emirates's 281.13 billion current LCU is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is -4.55 billion current LCU. (23 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services (current LCU) in United Arab Emirates changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +303.0% | 54.42 billion current LCU | 219.31 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 71.35 billion current LCU | 23.94 billion current LCU | 145.08 billion current LCU | 9 |
| 2010s | 388.00 billion current LCU | 219.31 billion current LCU | 513.18 billion current LCU | 10 |
| 2020s | 276.48 billion current LCU | 194.82 billion current LCU | 344.87 billion current LCU | 4 |
Countries ranked near United Arab Emirates
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)
- SDRs holdings, US dollar, annual growth rate 5.28 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0056 units per US$ of GDP (2024)
- SDRs holdings, US dollar, per capita 285.14 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.2593 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0043 units per US$ of GDP (2024)
- SDRs holdings, SDR, per capita 208.21 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.68 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0041 units per US$ of GDP (2024)
Frequently asked questions
- What is external balance on goods and services in United Arab Emirates?
- External balance on goods and services in United Arab Emirates was 281.13 billion current LCU in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in United Arab Emirates?
- The highest recorded value was 513.18 billion current LCU in 2013.
- What is the lowest external balance on goods and services recorded in United Arab Emirates?
- The lowest recorded value was 23.94 billion current LCU in 2002.
- How does United Arab Emirates rank for external balance on goods and services?
- United Arab Emirates ranks 27th out of 193 countries with data for 2023.
- Is external balance on goods and services rising or falling in United Arab Emirates?
- Over the last ten years it is down 45.2%. The long-run trend across the full record is volatile.
- Where does this United Arab Emirates data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current LCU). Statizoid updates them automatically from the source API.
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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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.