United Arab Emirates M2 Growth

1992 - 2024 | Monthly | % | CEIC Data

Key information about United Arab Emirates M2 Growth

  • United Arab Emirates Money Supply M2 increased 16.9 % YoY in Jun 2024, compared with a growth of 16.4 % in the previous month
  • United Arab Emirates Money Supply M2 growth data is updated monthly, available from Jun 1992 to Jun 2024
  • The data reached an all-time high of 47.6 % in Jan 2008 and a record low of -4.2 % in Feb 1994

CEIC calculates M2 Growth Rate from monthly M2. The Central Bank of United Arab Emirates provides M2 in local currency. M2 Growth prior to December 2015 includes Commercial Prepayments and Margin Deposits.


Further information about United Arab Emirates M2 Growth

  • In the latest reports, United Arab Emirates Foreign Exchange Reserves was measured at 198.8 USD bn in Apr 2024
  • The Foreign Exchange Reserves equaled 5.0 Months of Import in Dec 2023
  • United Arab Emirates Domestic Credit reached 421.2 USD bn in May 2024, representing an increased of 4.0 % YoY
  • The country's Non Performing Loans Ratio stood at 5.0 % in Mar 2024, compared with the ratio of 5.3 % in the previous quarter
  • Household Debt of United Arab Emirates reached 457.5 USD bn in Apr 2023, accounting for 106.2 % of the country's Nominal GDP

View United Arab Emirates's M2 Growth from Jun 1992 to Jun 2024 in the chart:

United Arab Emirates M2 Growth

What was United Arab Emirates's M2 Growth in Jun 2024?

United Arab Emirates Money Supply M2 increased 16.9 % YoY in Jun 2024, compared with a growth of 16.4 % in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
16.9 Jun 2024 16.4 May 2024 -4.2 Feb 1994 47.6 Jan 2008 % monthly Jun 1992 - Jun 2024

M2 Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 6.7 Aug 2024 monthly Dec 1994 - Aug 2024
Algeria (%) 6.0 Dec 2023 monthly Jan 2002 - Dec 2023
Argentina (%) 190.2 Aug 2024 monthly Jan 1991 - Aug 2024
Armenia (%) 17.2 May 2024 monthly Jan 2003 - May 2024
Australia (%) 5.6 Aug 2024 monthly Mar 1966 - Aug 2024
Austria (%) 2.7 Aug 2024 monthly Sep 1998 - Aug 2024
Azerbaijan (%) 19.7 May 2023 monthly Dec 1996 - May 2023
Bahrain (%) 2.4 Aug 2024 monthly Dec 1975 - Aug 2024
Bangladesh (%) 7.9 Aug 2024 monthly Jun 1987 - Aug 2024
Belarus (%) 28.9 Sep 2024 monthly Dec 1990 - Sep 2024
Belgium (%) 1.3 Aug 2024 monthly Dec 1997 - Aug 2024
Bolivia (%) 15.3 Jun 2024 monthly Dec 1988 - Jun 2024
Bosnia and Herzegovina (%) 7.6 Aug 2024 monthly Aug 1998 - Aug 2024
Botswana (%) 14.2 Jul 2024 monthly Jan 2002 - Jul 2024
Brazil (%) 14.0 Aug 2024 monthly Jan 1971 - Aug 2024
Bulgaria (%) 8.5 Aug 2024 monthly Dec 1996 - Aug 2024
Cambodia (%) 15.3 Jul 2024 monthly Jan 1996 - Jul 2024
Canada (%) 6.1 Jul 2024 monthly Jan 1969 - Jul 2024
Chile (%) 5.4 Sep 2024 monthly Jan 1987 - Sep 2024
China (%) 6.8 Sep 2024 monthly Mar 1997 - Sep 2024
Colombia (%) 7.2 Sep 2024 monthly Dec 1980 - Sep 2024
Croatia (%) 5.4 Aug 2024 monthly Jun 1995 - Aug 2024
Cyprus (%) -5.2 2014 yearly 2006 - 2014
Czech Republic (%) 6.2 Aug 2024 monthly Jan 2003 - Aug 2024
Denmark (%) 3.4 Aug 2017 monthly Jan 1996 - Aug 2017
Ecuador (%) 8.4 Aug 2024 monthly Dec 2007 - Aug 2024
Egypt (%) 28.7 Aug 2024 monthly Jan 1997 - Aug 2024
Estonia (%) 6.4 Aug 2024 monthly Jan 2012 - Aug 2024
European Union (%) 1.9 Aug 2024 monthly Jan 1981 - Aug 2024
Finland (%) -0.8 Aug 2024 monthly Jan 1981 - Aug 2024
France (%) 0.7 Aug 2024 monthly Dec 1978 - Aug 2024
Georgia (%) 21.6 Aug 2024 monthly Oct 1996 - Aug 2024
Germany (%) 2.4 Aug 2024 monthly Jan 1970 - Aug 2024
Ghana (%) 37.2 Dec 2023 quarterly Mar 1991 - Dec 2023
Greece (%) 2.0 Aug 2024 monthly Jan 2002 - Aug 2024
Hong Kong SAR, China (%) 7.8 Aug 2024 monthly Dec 1981 - Aug 2024
Hungary (%) 6.5 Aug 2024 monthly Jan 1999 - Aug 2024
Iceland (%) 12.9 Jul 2024 monthly Sep 1987 - Jul 2024
India (%) 8.1 Aug 2024 monthly Mar 1995 - Aug 2024
Indonesia (%) 7.3 Aug 2024 monthly Feb 1969 - Aug 2024
Iran (%) 26.8 Jun 2024 monthly Dec 2000 - Jun 2024
Ireland (%) 6.5 Aug 2024 monthly Jan 2000 - Aug 2024
Israel (%) 7.5 Jul 2024 monthly Apr 1982 - Jul 2024
Italy (%) 1.1 Aug 2024 monthly Dec 1975 - Aug 2024
Ivory Coast (%) 4.6 Jul 2024 monthly Jan 2005 - Jul 2024
Japan (%) 1.3 Sep 2024 monthly Jan 1968 - Sep 2024
Jordan (%) 6.4 Aug 2024 monthly Jan 1991 - Aug 2024
Kazakhstan (%) 18.9 Sep 2024 monthly Dec 1994 - Sep 2024
Kenya (%) 3.8 Jul 2024 monthly Dec 1996 - Jul 2024
South Korea (%) 6.2 Aug 2024 monthly Jan 1971 - Aug 2024
Kosovo (%) 11.3 2023 yearly 2002 - 2023
Kuwait (%) 3.0 Aug 2024 monthly Jan 1995 - Aug 2024
Kyrgyzstan (%) 30.9 Jul 2024 monthly Jan 1995 - Jul 2024
Laos (%) 34.6 Jun 2024 quarterly Dec 2000 - Jun 2024
Latvia (%) 4.5 Aug 2024 monthly Jan 2015 - Aug 2024
Lebanon (%) -17.2 Feb 2024 monthly Dec 1980 - Feb 2024
Lithuania (%) 7.4 Aug 2024 monthly Dec 1994 - Aug 2024
Luxembourg (%) 7.0 Aug 2024 monthly Jan 2000 - Aug 2024
Macau SAR, China (%) 5.3 Jul 2024 monthly Jun 1985 - Jul 2024
North Macedonia (%) 6.0 Aug 2024 monthly Jan 2004 - Aug 2024
Malawi (%) 36.0 Jun 2023 monthly Jan 1976 - Jun 2023
Malaysia (%) 4.7 Aug 2024 monthly Dec 1970 - Aug 2024
Malta (%) 4.1 Aug 2024 monthly Jan 2009 - Aug 2024
Mauritius (%) 9.9 Jul 2024 monthly Jul 1977 - Jul 2024
Mexico (%) 12.8 Aug 2024 monthly Dec 1986 - Aug 2024
Moldova (%) 19.4 Aug 2024 monthly Jan 2001 - Aug 2024
Mongolia (%) 27.3 Aug 2024 monthly Dec 1997 - Aug 2024
Montenegro (%) 12.0 2023 yearly 2003 - 2023
Morocco (%) 8.1 Aug 2024 monthly Jan 1986 - Aug 2024
Mozambique (%) 13.9 Aug 2024 monthly Dec 2002 - Aug 2024
Myanmar (%) 14.0 Dec 2023 quarterly Dec 2002 - Dec 2023
Nepal (%) 13.9 Sep 2024 monthly Jan 2002 - Sep 2024
Netherlands (%) -0.7 Aug 2024 monthly Dec 1957 - Aug 2024
New Zealand (%) 2.9 Aug 2024 monthly Mar 1989 - Aug 2024
Nigeria (%) 63.3 Aug 2024 monthly Nov 1993 - Aug 2024
Norway (%) 5.1 Aug 2024 monthly Dec 1993 - Aug 2024
Oman (%) 13.3 Jul 2024 monthly Jan 2000 - Jul 2024
Pakistan (%) 16.3 Aug 2024 monthly Jan 1989 - Aug 2024
Palestinian Territory (%) 7.0 Aug 2024 monthly Jul 2003 - Aug 2024
Panama (%) 8.7 Jul 2024 monthly Dec 2003 - Jul 2024
Paraguay (%) 10.5 Aug 2024 monthly Dec 1989 - Aug 2024
Peru (%) 11.6 Aug 2024 monthly Jan 1993 - Aug 2024
Philippines (%) 7.8 Jul 2024 monthly Dec 1989 - Jul 2024
Poland (%) 7.7 Aug 2024 monthly Dec 1997 - Aug 2024
Portugal (%) 6.8 Aug 2024 monthly Dec 1980 - Aug 2024
Qatar (%) 6.7 Aug 2024 monthly Jan 1983 - Aug 2024
Romania (%) 10.8 Aug 2024 monthly Dec 2002 - Aug 2024
Russia (%) 17.9 Aug 2024 monthly Dec 1992 - Aug 2024
Saudi Arabia (%) 11.0 Aug 2024 monthly Jan 1994 - Aug 2024
Serbia (%) 20.1 Aug 2024 monthly Aug 2002 - Aug 2024
Singapore (%) 3.2 Aug 2024 monthly Mar 2005 - Aug 2024
Slovakia (%) 6.4 Aug 2024 monthly Dec 2001 - Aug 2024
Slovenia (%) 3.1 Jul 2024 monthly Jan 2008 - Jul 2024
South Africa (%) 6.8 Aug 2024 monthly Mar 1966 - Aug 2024
Spain (%) 4.4 Aug 2024 monthly Jan 1963 - Aug 2024
Sri Lanka (%) 10.8 Aug 2024 monthly Jan 1995 - Aug 2024
Sudan (%) 43.9 Feb 2023 monthly Dec 2004 - Feb 2023
Sweden (%) -0.2 Aug 2024 monthly Jan 1999 - Aug 2024
Switzerland (%) -10.4 Jun 2023 monthly Dec 1985 - Jun 2023

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United Arab Emirates Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -0.2 2020 yearly 1991 - 2020
Consolidated Fiscal Balance (USD mn) -827.229 2020 yearly 1991 - 2020
Tax Revenue (USD mn) 3,271.801 2020 yearly 1992 - 2020
Tax Revenue: % of GDP (%) 17.7 Mar 2024 quarterly Mar 2012 - Mar 2024
Forecast: Government Expenditure (AED bn) 635.944 2028 yearly 1991 - 2028
Forecast: Government Net Debt (AED bn) 645.441 2028 yearly 1999 - 2028
Forecast: Government Revenue (AED bn) 709.874 2028 yearly 1990 - 2028
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.695 2028 yearly 1980 - 2028
Trade Balance (USD mn) -23,791.1 Dec 2023 monthly Jan 2009 - Dec 2023
Total Exports (USD mn) 32,180.9 Jun 2024 monthly Jan 1981 - Jun 2024
Total Exports Growth (%) 14.4 Jun 2024 monthly Jan 1982 - Jun 2024
Aluminum: Exports (USD th) 11,729,258.807 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 1,452,211.083 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 541,703.252 2022 yearly 1995 - 2022
Total Imports (USD mn) 35,752.6 Dec 2023 monthly Jan 2009 - Dec 2023
Total Imports Growth (%) 17.9 Dec 2023 monthly Jan 2010 - Dec 2023
Imports: Medicament (USD th) 3,706,000.420 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 2,120,012.879 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 632.181 Jun 2024 monthly Jan 1981 - Jun 2024
Total Imports from USA (USD mn) 2,327.495 Jun 2024 monthly Jan 1981 - Jun 2024
Total Exports to China (USD mn) 9,294.128 2023 yearly 2000 - 2023
Total Imports from China (USD mn) 77,419.160 2023 yearly 1970 - 2023
Exports: Non Oil: Volume (kg mn) 7,779.36 Dec 2017 monthly Jan 2009 - Dec 2017
Exports: Non Oil: General System: Volume (Ton) 9,744,350.286 Dec 2023 monthly Jan 2017 - Dec 2023
Re-Exports: General System: Value (AED mn) 51,251.141 Dec 2023 monthly Jan 2017 - Dec 2023
Imports: General System: Value (AED mn) 131,301.270 Dec 2023 monthly Jan 2017 - Dec 2023
Re-Exports: General System: Volume (Ton) 1,953,671.028 Dec 2023 monthly Jan 2017 - Dec 2023
Exports: Non Oil: General System: Value (AED mn) 43,928.637 Dec 2023 monthly Jan 2017 - Dec 2023
Imports: General System: Volume (Ton) 10,463,066.231 Dec 2023 monthly Jan 2017 - Dec 2023
Exports: ytd: HS: Non-Oil: GS: Value: Mineral Products (AED mn) 29,475.233 Dec 2023 quarterly Mar 2017 - Dec 2023
Exports: ytd: HS: Non-Oil: GS: Value: Plastic, Rubber and Articles (AED mn) 20,435.452 Dec 2023 quarterly Mar 2017 - Dec 2023
Exports: ytd: HS: Non-Oil: GS: Value: Pearls, Stones, Precious Metals and its Ar... (AED mn) 201,077.718 Dec 2023 quarterly Mar 2017 - Dec 2023
Exports: ytd: HS: Non-Oil: GS: Value: Base Metals and Articles of Base Metal (AED mn) 68,474.088 Dec 2023 quarterly Mar 2017 - Dec 2023
Exports: ytd: HS: Non-Oil: GS: Value: Foodstuff, Beverages, Spirits and Tobacco (AED mn) 32,146.274 Dec 2023 quarterly Mar 2017 - Dec 2023
Exports: Non Oil: GS: ytd: Gulf Cooperation Council Countries: ow Saudi Arabia (AED mn) 39,417.347 Dec 2023 quarterly Mar 2017 - Dec 2023
Exports: Non Oil: GS: ytd: Non-Arab Asian Countries: ow India (AED mn) 43,299.339 Dec 2023 quarterly Mar 2017 - Dec 2023
Exports: Non Oil: GS: ytd: Non-Arab Asian Countries: ow Iran (Islamic Republic O... (AED mn) 1,878.339 Dec 2023 quarterly Mar 2017 - Dec 2023
Exports: Non Oil: GS: ytd: Non-Arab Asian Countries: ow Singapore (AED mn) 6,952.494 Dec 2023 quarterly Mar 2017 - Dec 2023
Exports: Non Oil: GS: ytd: European Countries: ow Switzerland (AED mn) 35,304.040 Dec 2023 quarterly Mar 2017 - Dec 2023
Imports: ytd: HS: GS: Value: Pearls, Stones, Precious Metals and its Articles (AED mn) 421,900.235 Dec 2023 quarterly Mar 2017 - Dec 2023
Imports: ytd: HS: GS: Value: Base Metals and Articles of Base Metal (AED mn) 73,315.382 Dec 2023 quarterly Mar 2017 - Dec 2023
Imports: ytd: HS: GS: Value: Vegetable Products (AED mn) 30,364.924 Dec 2023 quarterly Mar 2017 - Dec 2023
Imports: ytd: HS: GS: Value: Mineral Products (AED mn) 86,312.196 Dec 2023 quarterly Mar 2017 - Dec 2023
Imports: ytd: HS: GS: Value: Chemical Products or Allied Industries (AED mn) 78,834.472 Dec 2023 quarterly Mar 2017 - Dec 2023
Imports: GS: ytd: Non-Arab Asian Countries: ow China (AED mn) 284,321.867 Dec 2023 quarterly Mar 2017 - Dec 2023
Imports: GS: ytd: Non-Arab Asian Countries: ow India (AED mn) 111,824.702 Dec 2023 quarterly Mar 2017 - Dec 2023
Imports: GS: ytd: Non-Arab Asian Countries: ow Japan (AED mn) 55,719.161 Dec 2023 quarterly Mar 2017 - Dec 2023
Imports: GS: ytd: European Countries: ow Germany (AED mn) 41,494.356 Dec 2023 quarterly Mar 2017 - Dec 2023
Imports: GS: ytd: American Countries: ow United States Of America (AED mn) 98,517.043 Dec 2023 quarterly Mar 2017 - Dec 2023
Import Value Index (2015=100) 131.931 2021 yearly 1980 - 2021
Export Volume Index (2015=100) 101.834 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 111.444 2021 yearly 2000 - 2021
Export Value Index (2015=100) 141.495 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 22,545.9 2021 yearly 1980 - 2021
Current Account Balance (USD mn) 47,978.2 2021 yearly 1996 - 2021
Current Account Balance: % of GDP (%) 11.6 2021 yearly 1996 - 2021
Foreign Direct Investment (USD mn) 20,667.1 2021 yearly 1970 - 2021
Foreign Direct Investment: % of GDP (%) 5.0 2021 yearly 1972 - 2021
Foreign Portfolio Investment (USD mn) 1,225.323 2021 yearly 2002 - 2021
Forecast: Current Account Balance (USD bn) 42.598 2028 yearly 1980 - 2028
BoP: Current Account: Transfers: Net (AED bn) -205.800 2021 yearly 1996 - 2021
BoP: Current Account: Investment Income: Net (AED bn) -2.700 2021 yearly 2001 - 2021
BoP: Current Account: Imports: CIF (AED bn) -996.800 2021 yearly 1996 - 2021
BoP: CF: Financial Account: Enterprises: Private Sector: Direct Investment (AED bn) -6.900 2021 yearly 2002 - 2021
BoP: Current Account: Trade Balance: FOB (AED bn) 290.300 2021 yearly 1996 - 2021
BoP: Net Errors and Omissions (AED bn) 5.300 2021 yearly 1996 - 2021
BoP: CF: Financial Account (AED bn) -96.800 2021 yearly 2002 - 2021
BoP: CF: Financial Account: Enterprises: Private Sector: Direct Investment: Outw... (AED bn) -82.800 2021 yearly 2002 - 2021
BoP: Current Account: Imports: FOB (AED bn) -897.100 2021 yearly 2001 - 2021
BoP: Change in Reserves (AED bn) -85.000 2021 yearly 1996 - 2021
BoP: Current Account: Exports and Re-Exports (AED bn) 1,187.400 2021 yearly 1996 - 2021
BoP: CF: Financial Account: Enterprises: Private Sector: Portfolio Investment (AED bn) 4.500 2021 yearly 2002 - 2021
BoP: CF: Financial Account: Enterprises: Private Sector: Direct Investment: Inwa... (AED bn) 75.900 2021 yearly 2002 - 2021
BoP: Current Account: Services: Net (AED bn) 94.500 2021 yearly 1996 - 2021
BoP: Current Account (AED bn) 176.200 2021 yearly 1996 - 2021
BoP: Current Account: Trade Balance: CIF (AED bn) 176.200 2019 yearly 2001 - 2019
BoP: Capital and Financial Account (CF) (AED bn) -96.800 2021 yearly 1996 - 2021
BoP: Current Account: Services: Credit (AED bn) 263.800 2018 yearly 2001 - 2018
BoP: Current Account: Services: Debit (AED bn) -265.500 2018 yearly 2001 - 2018
Foreign Direct Investment: Mining and Quarrying (AED mn) 38,519.597 2016 yearly 2005 - 2016
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 5.0 Mar 2024 quarterly Mar 2009 - Mar 2024
Household Debt: % of GDP (%) 106.2 2021 yearly 2013 - 2021
Money Supply M1 (USD mn) 240,730.020 Jun 2024 monthly Jun 1991 - Jun 2024
Money Supply M2 (USD mn) 590,698.843 Jun 2024 monthly Jun 1991 - Jun 2024
M2 Growth (%) 16.9 Jun 2024 monthly Jun 1992 - Jun 2024
Reserve Requirement Ratio (%) 1.0 Sep 2024 monthly Jan 2000 - Sep 2024
Foreign Exchange Reserves (USD mn) 200,135.4 Jun 2024 monthly Jun 1973 - Jun 2024
Foreign Exchange Reserves: % of GDP (%) 37.335 Mar 2024 quarterly Dec 2012 - Mar 2024
Foreign Exchange Reserves: Months of Import (NA) 5.0 Dec 2023 monthly Jan 2009 - Dec 2023
Gold Reserves (USD mn) 5,573.043 Jun 2024 monthly Dec 1974 - Jun 2024
Total Deposits (USD mn) 733,170.810 Jun 2024 monthly Dec 2003 - Jun 2024
Total Deposits Growth (%) 13.0 Jun 2024 monthly Dec 2004 - Jun 2024
Domestic Credit (USD mn) 421,188.8 May 2024 monthly Jan 1975 - May 2024
Domestic Credit Growth (%) 4.0 May 2024 monthly Jan 1976 - May 2024
Household Debt (USD mn) 457,475.8 Apr 2023 monthly Dec 2013 - Apr 2023
Total Loans (USD mn) 494,589.544 Jun 2024 monthly Dec 2013 - Jun 2024
Total Loans Growth (%) 5.78 Jun 2024 monthly Dec 2014 - Jun 2024
Private Debt: % of Nominal GDP (%) 66.72 Mar 2024 quarterly Dec 2013 - Mar 2024
Reserve Requirement Ratio: Current, Savings and Call Deposits (%) 11.000 Sep 2024 monthly Jan 2000 - Sep 2024
Banks Deposits (AED mn) 2,692,569.800 Jun 2024 monthly Dec 2003 - Jun 2024
Banks Credit: Gross: Residents (AED mn) 1,486,531.000 Jun 2018 monthly Dec 2013 - Jun 2018

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