United Arab Emirates Domestic Credit Growth
1976 - 2024 | Monthly | % | CEIC Data
Key information about United Arab Emirates Domestic Credit Growth
- United Arab Emirates Domestic Credit increased 8.3 % YoY in Oct 2024, compared with an increase of 6.9 % YoY in the previous month
- United Arab Emirates Domestic Credit Growth YoY data is updated monthly
- It averaged 8.7 %, available from Jan 1976 to Oct 2024
- The data reached an all-time high of 1,932.7 % in Aug 1977 and a record low of -908.7 % in Jan 1976
CEIC calculates Domestic Credit Growth from monthly Domestic Credit. The International Monetary Fund provides Domestic Credit in local currency. Domestic Credit prior to December 2002 is based on an older methodology.
Further information about United Arab Emirates Domestic Credit Growth
- In the latest reports, United Arab Emirates Domestic Credit reached 440.1 USD bn in Oct 2024
- Money Supply M2 in United Arab Emirates increased to 618.3 USD bn YoY in Oct 2024
- United Arab Emirates Foreign Exchange Reserves was measured at 215.3 USD bn in Oct 2024
- The Foreign Exchange Reserves equaled 5.7 Months of Import in Sep 2024
- 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 106.2 % in Dec 2021, accounting for 106.2 % of the country's Nominal GDP
View United Arab Emirates's Domestic Credit Growth from Jan 1976 to Oct 2024 in the chart:
What was United Arab Emirates's Domestic Credit Growth in Oct 2024?
United Arab Emirates Domestic Credit increased 8.3 % YoY in Oct 2024, compared with an increase of 6.9 % YoY in the previous month See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 8.3 Oct 2024 | 6.9 Sep 2024 | -908.7 Jan 1976 | 1,932.7 Aug 1977 | % | monthly | Jan 1976 - Oct 2024 |
Domestic Credit Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 10.7 Jan 2025 | monthly | Dec 2003 - Jan 2025 |
| Algeria (%) | 13.6 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
| Argentina (%) | 50.1 Dec 2024 | monthly | Jan 1991 - Dec 2024 |
| Armenia (%) | 23.6 Dec 2024 | monthly | Dec 1994 - Dec 2024 |
| Australia (%) | 2.7 Jan 2025 | monthly | Dec 2002 - Jan 2025 |
| Austria (%) | -0.1 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Azerbaijan (%) | -0.7 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
| Bahrain (%) | 6.4 Nov 2024 | monthly | Sep 1992 - Nov 2024 |
| Bangladesh (%) | 9.1 Jan 2025 | monthly | Jul 1988 - Jan 2025 |
| Belarus (%) | 13.8 Dec 2024 | monthly | Dec 2007 - Dec 2024 |
| Belgium (%) | 1.2 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Bolivia (%) | 6.3 Oct 2023 | monthly | Dec 2002 - Oct 2023 |
| Bosnia and Herzegovina (%) | 11.8 Jan 2025 | monthly | Aug 1998 - Jan 2025 |
| Botswana (%) | 27.4 Sep 2024 | quarterly | Dec 2005 - Sep 2024 |
| Brazil (%) | 6.8 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
| Brunei (%) | 4.7 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Bulgaria (%) | 18.4 Jan 2025 | monthly | Dec 1994 - Jan 2025 |
| Cambodia (%) | 2.0 Jan 2025 | monthly | Dec 1995 - Jan 2025 |
| Canada (%) | 3.9 Dec 2024 | monthly | Jan 1970 - Dec 2024 |
| Chile (%) | 4.7 Jan 2025 | monthly | Dec 1979 - Jan 2025 |
| China (%) | 7.9 Jan 2025 | monthly | Jun 2000 - Jan 2025 |
| Colombia (%) | 6.3 Jul 2024 | monthly | Jan 1994 - Jul 2024 |
| Croatia (%) | 5.9 Dec 2022 | monthly | Jun 1995 - Dec 2022 |
| Cyprus (%) | -0.7 Jan 2025 | monthly | Nov 2006 - Jan 2025 |
| Czech Republic (%) | 6.8 Jan 2025 | monthly | Jan 2003 - Jan 2025 |
| Denmark (%) | -8.3 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
| Ecuador (%) | 5.8 Jan 2025 | monthly | Jan 2007 - Jan 2025 |
| Egypt (%) | 35.7 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
| Estonia (%) | 9.6 Dec 2024 | monthly | Jun 1993 - Dec 2024 |
| European Union (%) | 2.7 Dec 2024 | monthly | Sep 1998 - Dec 2024 |
| Finland (%) | -1.5 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| France (%) | 1.9 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Georgia (%) | 24.2 Jan 2025 | monthly | Oct 1996 - Jan 2025 |
| Germany (%) | 4.8 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Ghana (%) | 18.8 Nov 2024 | monthly | Jan 1968 - Nov 2024 |
| Greece (%) | 2.5 Dec 2024 | monthly | Jan 2002 - Dec 2024 |
| Hong Kong SAR, China (%) | 0.7 Dec 2024 | monthly | Dec 1991 - Dec 2024 |
| Hungary (%) | 13.1 Jan 2025 | monthly | Jan 1999 - Jan 2025 |
| Iceland (%) | 9.4 Jan 2025 | monthly | Sep 1994 - Jan 2025 |
| India (%) | 11.1 Dec 2024 | monthly | Mar 2000 - Dec 2024 |
| Indonesia (%) | 6.6 Jan 2025 | monthly | Jan 2005 - Jan 2025 |
| Iran (%) | 25.8 Feb 2017 | monthly | Jan 1965 - Feb 2017 |
| Ireland (%) | 2.5 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Israel (%) | 12.9 Nov 2024 | monthly | Dec 2000 - Nov 2024 |
| Italy (%) | 2.3 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Ivory Coast (%) | 12.4 Dec 2024 | monthly | Jan 1965 - Dec 2024 |
| Japan (%) | 0.5 Jan 2025 | monthly | Apr 2004 - Jan 2025 |
| Jordan (%) | 3.0 Dec 2023 | monthly | Jan 2003 - Dec 2023 |
| Kazakhstan (%) | 15.9 Feb 2025 | monthly | Dec 2002 - Feb 2025 |
| Kenya (%) | 3.3 Dec 2024 | monthly | Dec 1996 - Dec 2024 |
| South Korea (%) | 5.7 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
| Kosovo (%) | 18.2 Jan 2025 | monthly | Nov 2008 - Jan 2025 |
| Kuwait (%) | 5.0 Jan 2025 | monthly | Jan 1995 - Jan 2025 |
| Kyrgyzstan (%) | 47.2 Dec 2024 | monthly | Dec 2003 - Dec 2024 |
| Laos (%) | 21.3 Sep 2024 | quarterly | Dec 1992 - Sep 2024 |
| Latvia (%) | -4.9 Dec 2024 | monthly | Jul 2004 - Dec 2024 |
| Lebanon (%) | 2.2 Jan 2018 | monthly | Mar 1966 - Jan 2018 |
| Lithuania (%) | 8.4 Dec 2024 | monthly | Dec 1994 - Dec 2024 |
| Luxembourg (%) | 2.9 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Macau SAR, China (%) | -11.1 Nov 2024 | monthly | Jun 1985 - Nov 2024 |
| North Macedonia (%) | 9.8 Jan 2025 | monthly | Jan 2004 - Jan 2025 |
| Malawi (%) | 38.2 Jan 2025 | monthly | Jan 1976 - Jan 2025 |
| Malaysia (%) | 4.3 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
| Malta (%) | 8.4 Jan 2025 | monthly | Jan 2009 - Jan 2025 |
| Mauritius (%) | 14.3 Jan 2025 | monthly | Jun 2006 - Jan 2025 |
| Mexico (%) | 14.8 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
| Moldova (%) | 21.9 Jan 2025 | monthly | Jan 2001 - Jan 2025 |
| Mongolia (%) | 24.7 Jan 2025 | monthly | Dec 1993 - Jan 2025 |
| Montenegro (%) | 4.2 Jan 2025 | monthly | Jan 2006 - Jan 2025 |
| Morocco (%) | 7.3 Jan 2025 | monthly | Dec 2002 - Jan 2025 |
| Mozambique (%) | 21.5 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
| Myanmar (%) | 16.4 Jan 2021 | monthly | Dec 2002 - Jan 2021 |
| Nepal (%) | 4.3 Feb 2025 | monthly | Jan 2002 - Feb 2025 |
| Netherlands (%) | -1.7 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
| New Zealand (%) | 2.0 Jan 2025 | monthly | Mar 1989 - Jan 2025 |
| Nigeria (%) | -0.6 Jan 2025 | monthly | Nov 1993 - Jan 2025 |
| Norway (%) | 3.7 Jan 2025 | monthly | Dec 1986 - Jan 2025 |
| Oman (%) | 6.0 Dec 2024 | monthly | Dec 2000 - Dec 2024 |
| Pakistan (%) | 14.2 Jan 2025 | monthly | Jun 2009 - Jan 2025 |
| Palestinian Territory (%) | 2.3 Jan 2025 | monthly | Dec 1999 - Jan 2025 |
| Panama (%) | 4.9 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
| Paraguay (%) | 16.7 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
| Peru (%) | 2.8 Dec 2024 | monthly | Jan 1993 - Dec 2024 |
| Philippines (%) | 10.9 Jan 2025 | monthly | Dec 2002 - Jan 2025 |
| Poland (%) | 5.8 Jan 2025 | monthly | Dec 1997 - Jan 2025 |
| Portugal (%) | 0.3 Aug 2019 | monthly | Dec 2001 - Aug 2019 |
| Qatar (%) | 4.3 Jan 2025 | monthly | Jan 2008 - Jan 2025 |
| Romania (%) | 15.1 Dec 2024 | monthly | Dec 2005 - Dec 2024 |
| Russia (%) | 19.1 Jan 2025 | monthly | Dec 2001 - Jan 2025 |
| Saudi Arabia (%) | 21.6 Dec 2017 | quarterly | Mar 1969 - Dec 2017 |
| Serbia (%) | 10.7 Jan 2025 | monthly | Dec 2004 - Jan 2025 |
| Singapore (%) | 6.1 Jan 2025 | monthly | Mar 2005 - Jan 2025 |
| Slovakia (%) | 1.0 Dec 2024 | monthly | Jan 2007 - Dec 2024 |
| Slovenia (%) | 4.2 Dec 2024 | monthly | Jan 2005 - Dec 2024 |
| South Africa (%) | 6.2 Jan 2025 | monthly | Mar 1966 - Jan 2025 |
| Spain (%) | 0.2 Dec 2024 | monthly | Jan 2000 - Dec 2024 |
| Sri Lanka (%) | 4.3 Jan 2025 | monthly | Jan 1997 - Jan 2025 |
| Sudan (%) | 82.5 Dec 2022 | quarterly | Mar 2003 - Dec 2022 |
| Sweden (%) | -2.4 Dec 2024 | monthly | Dec 2002 - Dec 2024 |
| Switzerland (%) | 2.6 Jan 2025 | monthly | Dec 1988 - Jan 2025 |
Accurate Macro & Micro Economic Data You Can Trust
Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.
Learn more about what we doUnited Arab Emirates Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | 5.9 2023 | yearly | 2012 - 2023 |
| Consolidated Fiscal Balance (USD mn) | 30,403.186 2023 | yearly | 2012 - 2023 |
| Tax Revenue (USD mn) | 86,364.929 2023 | yearly | 2012 - 2023 |
| Tax Revenue: % of GDP (%) | 18.9 Jun 2024 | quarterly | Mar 2012 - Jun 2024 |
| Forecast: Government Expenditure (AED bn) | 612.294 2029 | yearly | 1991 - 2029 |
| Forecast: Government Net Debt (AED bn) | 770.595 2029 | yearly | 1999 - 2029 |
| Forecast: Government Revenue (AED bn) | 718.730 2029 | yearly | 1990 - 2029 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 4.8 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
| Household Debt: % of GDP (%) | 106.2 2021 | yearly | 2013 - 2021 |
| Money Supply M1 (USD mn) | 257,724.478 Dec 2024 | monthly | Jun 1991 - Dec 2024 |
| Money Supply M2 (USD mn) | 631,065.203 Dec 2024 | monthly | Jun 1991 - Dec 2024 |
| M2 Growth (%) | 14.6 Dec 2024 | monthly | Jun 1992 - Dec 2024 |
| Reserve Requirement Ratio (%) | 1.0 Feb 2025 | monthly | Jan 2000 - Feb 2025 |
| Foreign Exchange Reserves (USD mn) | 218,525.7 Nov 2024 | monthly | Jun 1973 - Nov 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 37.889 Jun 2024 | quarterly | Dec 2012 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 5.7 Sep 2024 | monthly | Jan 2009 - Sep 2024 |
| Gold Reserves (USD mn) | 6,330.837 Nov 2024 | monthly | Dec 1974 - Nov 2024 |
| Total Deposits (USD mn) | 775,226.573 Dec 2024 | monthly | Dec 2003 - Dec 2024 |
| Total Deposits Growth (%) | 12.9 Dec 2024 | monthly | Dec 2004 - Dec 2024 |
| Domestic Credit (USD mn) | 440,053.5 Oct 2024 | monthly | Jan 1975 - Oct 2024 |
| Domestic Credit Growth (%) | 8.3 Oct 2024 | monthly | Jan 1976 - Oct 2024 |
| Household Debt (USD mn) | 457,475.8 Apr 2023 | monthly | Dec 2013 - Apr 2023 |
| Total Loans (USD mn) | 505,542.172 Nov 2024 | monthly | Dec 2013 - Nov 2024 |
| Total Loans Growth (%) | 5.97 Nov 2024 | monthly | Dec 2014 - Nov 2024 |
| Private Debt: % of Nominal GDP (%) | 67.34 Jun 2024 | quarterly | Dec 2013 - Jun 2024 |
| Money Supply: M0 (AED mn) | 152,749.000 Dec 2024 | monthly | Dec 2000 - Dec 2024 |
| Money Supply: M3: M2: M1 (AED mn) | 946,493.144 Dec 2024 | monthly | Dec 2007 - Dec 2024 |
| Money Supply: M3 (AED mn) | 2,778,967.791 Dec 2024 | monthly | Dec 2007 - Dec 2024 |
| Money Supply: M3: M2 (AED mn) | 2,317,586.958 Dec 2024 | monthly | Dec 2007 - Dec 2024 |
| Reserve Requirement Ratio: Current, Savings and Call Deposits (%) | 11.000 Feb 2025 | monthly | Jan 2000 - Feb 2025 |
| Banks Deposits (AED mn) | 2,847,019.589 Dec 2024 | monthly | Dec 2003 - Dec 2024 |
| Banks Credit: Gross: Residents (AED mn) | 1,486,531.000 Jun 2018 | monthly | Dec 2013 - Jun 2018 |
More Indicators for United Arab Emirates
Request a demo of CEIC
CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.