United Arab Emirates's trade (% of GDP) was 199.04% in 2023, the latest year in the World Bank's World Development Indicators. That is up 41.65 percentage points from 157.4% in 2013.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 199.04% | 2023 |
| Five years earlier | 154.75% | 2018 |
| Ten years earlier | 157.4% | 2013 |
| Highest | 199.04% | 2023 |
| Lowest | 89.86% | 2001 |
| Average since 2014 | 172.22% | 2014–2023 |
| First recorded | 89.86% | 2001 |
What the numbers say
In 2023, United Arab Emirates' trade (% of GDP) rose 13.3 percentage points on 2022 (from 185.74% to 199.04%).
Across the 21 yearly changes before that (2002 to 2022), the average change was +4.57 percentage points and a typical year strayed about 8.46 percentage points from that (the standard deviation). This year's change was 1.0 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 17.47 percentage points in 2020 and the biggest yearly fall was 17.98 percentage points in 2010. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 the straight-line trend is upward, about 3.94 percentage points a year. A straight line explains 71% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| United Arab Emirates | 199.04% | 2023 |
| World | 68.49% | 2025 |
| High income | 60.54% | 2024 |
Closest to United Arab Emirates in the 2023 ranking
What this measures
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 23 values
| Year | Trade (% of GDP) |
|---|---|
| 2023 | 199.04 |
| 2022 | 185.74 |
| 2021 | 182.91 |
| 2020 | 181.29 |
| 2019 | 163.82 |
| 2018 | 154.75 |
| 2017 | 165.48 |
| 2016 | 165.39 |
| 2015 | 164.29 |
| 2014 | 159.52 |
| 2013 |
Trade (% of GDP) in nearby economies
More economic policy & debt data for United Arab Emirates
- Foreign direct investment, net inflows (BoP, current US$) — US$48.24 billion (2025)
- Foreign direct investment, net inflows (% of GDP) — 8.26% (2024)
- GDP (current US$) — US$552.33 billion (2024)
- GDP (current LCU) — 2.03 trillion (2024)
- GDP (constant 2015 US$) — US$457.09 billion (2024)
- GDP (constant LCU) — 1.78 trillion (2024)
- GDP per capita (current US$) — US$50,274 (2024)
- GDP per capita (current LCU) — 184,629 (2024)
- GDP per capita (constant 2015 US$) — US$41,605 (2024)
- GDP per capita (constant LCU)
Reading data like this
Questions people ask
- What is United Arab Emirates's trade (% of GDP)?
- 199.04% in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 2001?
- It is up 109.18 percentage points from 89.86% in 2001. The highest value was 199.04% in 2023 and the lowest 89.86% in 2001.
- Is the latest change in trade (% of GDP) unusual for United Arab Emirates?
- In 2023, United Arab Emirates' trade (% of GDP) rose 13.3 percentage points on 2022 (from 185.74% to 199.04%). Across the 21 yearly changes before that (2002 to 2022), the average change was +4.57 percentage points and a typical year strayed about 8.46 percentage points from that (the standard deviation). This year's change was 1.0 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB).
Source
World Bank, World Development Indicators, indicator NE.TRD.GNFS.ZS, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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