International Reserves in United Arab Emirates

United Arab Emirates International Reserves | Economic News & Forecasts

United Arab Emirates - International Reserves

The economy shrank 7.8% in annual terms in the second quarter, according to the UAE Central Bank’s estimate, while non-oil GDP is expected to have plunged 9.3% in Q2, following Q1’s 2.7% softer drop. The readings reflected the slump in activity caused by the pandemic and the measures introduced to contain its spread. Employment declined in the quarter and consumer prices also fell, as subdued global and domestic demand drove oil prices down. Additionally, outward remittances also declined in Q2. However, available data suggests that the economy began to recover in Q3, with a gradual pickup in oil production in July and August, and the partial reopening of borders in early September. Nevertheless, a rise in new Covid-19 cases throughout August and September could lead to a tightening of restrictions, which bodes ill for private consumption in Q4.

United Arab Emirates - International Reserves Data

2015   2016   2017   2018   2019  
International Reserves (USD)93.9  85.4  95.4  99.5  108  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.


United Arab Emirates International Reserves Chart

UAE International Reserves
Note: International reserves in months of imports.
Source: Central Bank of United Arab Emirates.

United Arab Emirates Facts

Value Change Date
Exchange Rate3.670.0 %Dec 31
Stock Market0.10.75 %Jan 07

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.


Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form