External balance on goods and services (current US$) (US current) in United Arab Emirates
United Arab Emirates: External balance on goods and services (current US$) (US current) was 76.55 billion current US$ 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 US$.
Analysis
The most recent figure for external balance on goods and services in United Arab Emirates is 76.55 billion current US$, measured in 2023.
Compared with earlier readings it is 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 139.74 billion current US$ in 2013 and was at its lowest, 6.52 billion current US$, in 2002.
That places United Arab Emirates 9th out of 193 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services (current US$) (US current) in United Arab Emirates, year by year
| Year | current US$ | Change |
|---|---|---|
| 2001 | 8.73 billion current US$ | — |
| 2002 | 6.52 billion current US$ | -25.4% |
| 2003 | 11.87 billion current US$ | +82.1% |
| 2004 | 15.54 billion current US$ | +30.9% |
| 2005 | 28.21 billion current US$ | +81.5% |
| 2006 | 39.50 billion current US$ | +40.0% |
| 2007 | 20.56 billion current US$ | -48.0% |
| 2008 | 29.09 billion current US$ | +41.5% |
| 2009 | 14.82 billion current US$ | -49.1% |
| 2010 | 59.72 billion current US$ | +303.0% |
| 2011 | 99.89 billion current US$ | +67.3% |
| 2012 | 135.76 billion current US$ | +35.9% |
| 2013 | 139.74 billion current US$ | +2.9% |
| 2014 | 127.62 billion current US$ | -8.7% |
| 2015 | 89.53 billion current US$ | -29.8% |
| 2016 | 89.91 billion current US$ | +0.4% |
| 2017 | 96.80 billion current US$ | +7.7% |
| 2018 | 118.68 billion current US$ | +22.6% |
| 2019 | 98.86 billion current US$ | -16.7% |
| 2020 | 53.05 billion current US$ | -46.3% |
| 2021 | 77.63 billion current US$ | +46.3% |
| 2022 | 93.91 billion current US$ | +21.0% |
| 2023 | 76.55 billion current US$ | -18.5% |
United Arab Emirates compared with similar countries
- United Arab Emirates's 76.55 billion current US$ is above the median for high income countries, which is 3.43 billion current US$, 22.3× the median. (72 countries reporting)
- United Arab Emirates's 76.55 billion current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is -4.68 billion current US$. (23 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services (current US$) (US current) 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% | 14.82 billion current US$ | 59.72 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.43 billion current US$ | 6.52 billion current US$ | 39.50 billion current US$ | 9 |
| 2010s | 105.65 billion current US$ | 59.72 billion current US$ | 139.74 billion current US$ | 10 |
| 2020s | 75.28 billion current US$ | 53.05 billion current US$ | 93.91 billion current US$ | 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 76.55 billion current US$ 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 139.74 billion current US$ in 2013.
- What is the lowest external balance on goods and services recorded in United Arab Emirates?
- The lowest recorded value was 6.52 billion current US$ in 2002.
- How does United Arab Emirates rank for external balance on goods and services?
- United Arab Emirates ranks 9th 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 US$). 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 indicator is expressed in United States dollars.