United Arab Emirates - External balance on goods and services
External balance on goods and services (current US$)
The latest value for External balance on goods and services (current US$) in United Arab Emirates was $108,446,000,000 as of 2019. Over the past 18 years, the value for this indicator has fluctuated between $139,735,000,000 in 2013 and $6,517,631,000 in 2002.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 2001 | $8,733,832,000 |
| 2002 | $6,517,631,000 |
| 2003 | $11,870,390,000 |
| 2004 | $15,540,550,000 |
| 2005 | $28,208,390,000 |
| 2006 | $39,503,260,000 |
| 2007 | $20,556,020,000 |
| 2008 | $29,093,810,000 |
| 2009 | $14,819,060,000 |
| 2010 | $59,717,360,000 |
| 2011 | $99,894,890,000 |
| 2012 | $135,765,000,000 |
| 2013 | $139,735,000,000 |
| 2014 | $123,478,000,000 |
| 2015 | $94,976,170,000 |
| 2016 | $90,183,790,000 |
| 2017 | $93,260,720,000 |
| 2018 | $111,327,000,000 |
| 2019 | $108,446,000,000 |
External balance on goods and services (current LCU)
The value for External balance on goods and services (current LCU) in United Arab Emirates was 398,270,000,000 as of 2019. As the graph below shows, over the past 18 years this indicator reached a maximum value of 513,177,000,000 in 2013 and a minimum value of 23,936,000,000 in 2002.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 2001 | 32,075,000,000 |
| 2002 | 23,936,000,000 |
| 2003 | 43,594,000,000 |
| 2004 | 57,072,670,000 |
| 2005 | 103,595,000,000 |
| 2006 | 145,076,000,000 |
| 2007 | 75,492,000,000 |
| 2008 | 106,847,000,000 |
| 2009 | 54,423,000,000 |
| 2010 | 219,312,000,000 |
| 2011 | 366,864,000,000 |
| 2012 | 498,598,000,000 |
| 2013 | 513,177,000,000 |
| 2014 | 453,474,000,000 |
| 2015 | 348,800,000,000 |
| 2016 | 331,200,000,000 |
| 2017 | 342,500,000,000 |
| 2018 | 408,850,000,000 |
| 2019 | 398,270,000,000 |
External balance on goods and services (constant LCU)
The value for External balance on goods and services (constant LCU) in United Arab Emirates was 327,691,000,000 as of 2019. As the graph below shows, over the past 9 years this indicator reached a maximum value of 428,344,000,000 in 2016 and a minimum value of 219,312,000,000 in 2010.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 2010 | 219,312,000,000 |
| 2011 | 235,254,000,000 |
| 2012 | 345,711,000,000 |
| 2013 | 350,397,000,000 |
| 2014 | 282,898,000,000 |
| 2015 | 407,343,000,000 |
| 2016 | 428,344,000,000 |
| 2017 | 364,269,000,000 |
| 2018 | 411,826,000,000 |
| 2019 | 327,691,000,000 |
External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in United Arab Emirates was 25.99 as of 2019. Its highest value over the past 18 years was 36.24 in 2012, while its lowest value was 5.84 in 2009.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 2001 | 8.45 |
| 2002 | 5.94 |
| 2003 | 9.55 |
| 2004 | 10.51 |
| 2005 | 15.62 |
| 2006 | 17.78 |
| 2007 | 7.97 |
| 2008 | 9.22 |
| 2009 | 5.84 |
| 2010 | 20.61 |
| 2011 | 28.49 |
| 2012 | 36.24 |
| 2013 | 35.82 |
| 2014 | 30.63 |
| 2015 | 26.52 |
| 2016 | 25.26 |
| 2017 | 24.19 |
| 2018 | 26.37 |
| 2019 | 25.99 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
