Current Account Balance in UAE
In the year 2021, the current account balance in UAE was 11.56%, compared to 12.06% in 2011 and 6.04% in 2020. It averaged 10.35% over the last decade. For more current account information, visit our dedicated page.
UAE Current Account Chart
Note: This chart displays Current Account (% of GDP) for UAE from 2012 to 2021.
Source: Macrobond.
UAE Current Account Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Current Account Balance (% of GDP) | 8.9 | 6.0 | 11.6 | - | - |
| Current Account Balance (USD bn) | 37.3 | 21.1 | 48.0 | - | - |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Emirati current account projections for the next ten years from a panel of 17 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable current account forecast available for Emirati current account.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Emirati current account projections.
Want to get access to the full dataset of Emirati current account forecasts? Send an email to info@focus-economics.com.