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United Arab Emirates Private Credit (% GDP)

The United Arab Emirates' private credit (% GDP) fell to 66.59% in 2022, down from 77.5% in 2021, according to World Bank. This represents a decrease of 10.91% from the previous year. The United Arab Emirates has private credit (% GDP) higher than the global median (66.59% vs median 39.47%). Compared with the median in Asia, the United Arab Emirates is higher (66.59% vs regional median 59.91%) and ranks 19th out of 41 countries in Asia.

Yearly Historical Data (2016-2022)

(in %)
Year Private Credit (% GDP)
2022 66.59%
2021 77.5%
2020 90.79%
2019 78.16%
2018 76.32%
2017 80.72%
2016 84.71%
United Arab Emirates Private Credit (% GDP) : Definition
Private Credit (% GDP) measures credit extended to the private sector by financial institutions during the period, expressed as a percentage of nominal GDP for United Arab Emirates.
Indicator Last Value Prior Value Period
Current Account to GDP Ratio 9% 9.3% Dec'24
Debt to GDP Ratio 32.1% 32.4% Dec'24
Interest Rate 4.15% 4.4% Sep'25