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United Arab Emirates Debt to GDP Ratio

The United Arab Emirates' government debt to GDP ratio fell to an estimated 32.1% in 2024 from 32.4% in 2023. This decrease is driven by strong economic growth with real GDP expected to increase by 4.0% in 2024. Expansion in non-oil sectors like tourism and real estate bolsters government revenues and fiscal stability. The government's efforts to diversify income and control spending also support this trend. The United Arab Emirates' record low government debt to gdp was 14.2% in 2014 and record high was 41.3% in 2020.

Yearly Historical Data (2013-2024)

(in %)
Year Debt to GDP Ratio
2024 32.1%
2023 32.4%
2022 32%
2021 36.3%
2020 41.3%
2019 26.8%
2018 21.3%
2017 21.6%
2016 19.4%
2015 16.7%
2014 14.2%
2013 16%
United Arab Emirates Debt to GDP Ratio : Definition
Government debt to GDP shows a nation's debt relative to its economic output. It's calculated by dividing the UAE government's total debt by its Gross Domestic Product. A lower ratio suggests better debt sustainability.
Indicator Last Value Prior Value Period
Current Account to GDP Ratio 9% 9.3% Dec'24
Interest Rate 4.15% 4.4% Sep'25
Private Credit (% GDP) 66.59% 77.5% 2022