United Arab Emirates Current Account Balance
United Arab Emirates Current Account recorded a surplus of 29.7 USD bn in Dec 2019, compared with a surplus of 40.5 USD bn in the previous year. United Arab Emirates Current Account Balance: USD mn data is updated yearly, available from Dec 1996 to Dec 2019, with an averaged value of 15.7 USD bn. The data reached an all-time high of 79.8 USD bn in Dec 2012 and a record low of -106.2 USD mn in Dec 1998. CEIC converts annual Current Account Balance into USD. The Central Bank of the United Arab Emirates provides Current Account Balance in local currency. The International Monetary Fund average market exchange rate is used for currency conversions. Foreign Direct Investment (FDI) increased by 13.8 USD bn in Dec 2019. United Arab Emirates Direct Investment Abroad expanded by 15.9 USD bn in Dec 2019. Its Foreign Portfolio Investment increased by 1.1 USD bn in Dec 2018. The country's Nominal GDP was reported at 98.8 USD bn in Mar 2020.
View United Arab Emirates's Current Account Balance from 1996 to 2019 in the chart:
What was United Arab Emirates's Current Account Balance in 2019?
|29,652.8 2019||40,490.1 2018||-106.2 1998||79,754.9 2012||USD mn||yearly||1996 - 2019|
Current Account Balance by Country Comparison
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|Albania (USD mn)||-226.3 Sep 2020||quarterly||Mar 1993 - Sep 2020|
|Algeria (USD mn)||-4,010.0 Jun 2019||quarterly||Mar 2007 - Jun 2019|
|Argentina (USD mn)||1,162.8 Sep 2020||quarterly||Mar 1976 - Sep 2020|
|Armenia (USD mn)||-143.6 Jun 2020||quarterly||Mar 1993 - Jun 2020|
|Australia (USD mn)||7,171.9 Sep 2020||quarterly||Sep 1959 - Sep 2020|
|Austria (USD mn)||3,901.7 Sep 2020||quarterly||Mar 1970 - Sep 2020|
|Azerbaijan (USD mn)||-806.5 Sep 2020||quarterly||Mar 2013 - Sep 2020|
|Bahrain (USD mn)||-794.0 2019||yearly||1975 - 2019|
|Bangladesh (USD mn)||224.0 Sep 2020||monthly||Jul 1997 - Sep 2020|
|Belarus (USD mn)||608.8 Sep 2020||quarterly||Mar 1996 - Sep 2020|
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United Arab Emirates Key Series
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|Government and Public Finance||Last||Frequency||Range|
|Consolidated Fiscal Balance: % of GDP (%)||5.5 2019||yearly||1991 - 2019|
|Consolidated Fiscal Balance (USD mn)||23,083.467 2019||yearly||1991 - 2019|
|Tax Revenue (USD mn)||4,217.595 2019||yearly||1992 - 2019|
|Tax Revenue: % of GDP (%)||8.1 Mar 2020||quarterly||Mar 2012 - Mar 2020|
|Forecast: Government Expenditure (AED bn)||480.859 2025||yearly||1991 - 2025|
|Forecast: Government Net Debt (AED bn)||637.452 2025||yearly||1999 - 2025|
|Forecast: Government Revenue (AED bn)||444.440 2025||yearly||1990 - 2025|
|Consolidated Government: Expenditures: Current (AED mn)||330,220.113 2019||yearly||1991 - 2019|
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