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 17.9 % YoY in Sep 2024, compared with a growth of 18.9 % in the previous month
  • United Arab Emirates Money Supply M2 growth data is updated monthly, available from Jun 1992 to Sep 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 207.1 USD bn in Jul 2024
  • The Foreign Exchange Reserves equaled 5.8 Months of Import in Jun 2024
  • 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 Sep 2024 in the chart:

United Arab Emirates M2 Growth

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

United Arab Emirates Money Supply M2 increased 17.9 % YoY in Sep 2024, compared with a growth of 18.9 % in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
17.9 Sep 2024 18.9 Aug 2024 -4.2 Feb 1994 47.6 Jan 2008 % monthly Jun 1992 - Sep 2024

M2 Growth by Country Comparison

country/region Last Frequency Range
Albania (%) 7.2 Oct 2024 monthly Dec 1994 - Oct 2024
Algeria (%) 4.0 Mar 2024 monthly Jan 2002 - Mar 2024
Argentina (%) 208.3 Oct 2024 monthly Jan 1991 - Oct 2024
Armenia (%) 16.4 Sep 2024 monthly Jan 2003 - Sep 2024
Australia (%) 6.4 Oct 2024 monthly Mar 1966 - Oct 2024
Austria (%) 2.7 Aug 2024 monthly Sep 1998 - Aug 2024
Azerbaijan (%) 19.7 May 2023 monthly Dec 1996 - May 2023
Bahrain (%) 3.4 Oct 2024 monthly Dec 1975 - Oct 2024
Bangladesh (%) 7.9 Sep 2024 monthly Jun 1987 - Sep 2024
Belarus (%) 29.2 Nov 2024 monthly Dec 1990 - Nov 2024
Belgium (%) 5.7 Oct 2024 monthly Dec 1997 - Oct 2024
Bolivia (%) 15.3 Jun 2024 monthly Dec 1988 - Jun 2024
Bosnia and Herzegovina (%) 8.2 Oct 2024 monthly Aug 1998 - Oct 2024
Botswana (%) 9.3 Sep 2024 monthly Jan 2002 - Sep 2024
Brazil (%) 13.1 Oct 2024 monthly Jan 1971 - Oct 2024
Bulgaria (%) 9.1 Oct 2024 monthly Dec 1996 - Oct 2024
Cambodia (%) 16.2 Sep 2024 monthly Jan 1996 - Sep 2024
Canada (%) 5.5 Sep 2024 monthly Jan 1969 - Sep 2024
Chile (%) 5.8 Nov 2024 monthly Jan 1987 - Nov 2024
China (%) 7.1 Nov 2024 monthly Mar 1997 - Nov 2024
Colombia (%) 7.8 Oct 2024 monthly Dec 1980 - Oct 2024
Croatia (%) 4.6 Oct 2024 monthly Jun 1995 - Oct 2024
Cyprus (%) -5.2 2014 yearly 2006 - 2014
Czech Republic (%) 6.3 Oct 2024 monthly Jan 2003 - Oct 2024
Denmark (%) 3.4 Aug 2017 monthly Jan 1996 - Aug 2017
Ecuador (%) 10.1 Oct 2024 monthly Dec 2007 - Oct 2024
Egypt (%) 29.5 Oct 2024 monthly Jan 1997 - Oct 2024
Estonia (%) 7.4 Oct 2024 monthly Jan 2012 - Oct 2024
European Union (%) 2.6 Oct 2024 monthly Jan 1981 - Oct 2024
Finland (%) -0.5 Oct 2024 monthly Jan 1981 - Oct 2024
France (%) -0.2 Oct 2024 monthly Dec 1978 - Oct 2024
Georgia (%) 14.9 Oct 2024 monthly Oct 1996 - Oct 2024
Germany (%) 2.9 Sep 2024 monthly Jan 1970 - Sep 2024
Ghana (%) 44.5 Sep 2024 quarterly Mar 1991 - Sep 2024
Greece (%) 2.5 Oct 2024 monthly Jan 2002 - Oct 2024
Hong Kong SAR, China (%) 8.5 Sep 2024 monthly Dec 1981 - Sep 2024
Hungary (%) 7.3 Oct 2024 monthly Jan 1999 - Oct 2024
Iceland (%) 11.7 Oct 2024 monthly Sep 1987 - Oct 2024
India (%) 8.6 Sep 2024 monthly Mar 1995 - Sep 2024
Indonesia (%) 6.8 Oct 2024 monthly Feb 1969 - Oct 2024
Iran (%) 26.8 Jun 2024 monthly Dec 2000 - Jun 2024
Ireland (%) 6.6 Oct 2024 monthly Jan 2000 - Oct 2024
Israel (%) 7.4 Aug 2024 monthly Apr 1982 - Aug 2024
Italy (%) 0.1 Sep 2024 monthly Dec 1975 - Sep 2024
Ivory Coast (%) 4.6 Jul 2024 monthly Jan 2005 - Jul 2024
Japan (%) 1.2 Oct 2024 monthly Jan 1968 - Oct 2024
Jordan (%) 6.0 Sep 2024 monthly Jan 1991 - Sep 2024
Kazakhstan (%) 19.7 Nov 2024 monthly Dec 1994 - Nov 2024
Kenya (%) 3.7 Sep 2024 monthly Dec 1996 - Sep 2024
South Korea (%) 6.7 Sep 2024 monthly Jan 1971 - Sep 2024
Kosovo (%) 11.3 2023 yearly 2002 - 2023
Kuwait (%) 3.2 Oct 2024 monthly Jan 1995 - Oct 2024
Kyrgyzstan (%) 28.6 Sep 2024 monthly Jan 1995 - Sep 2024
Laos (%) 23.3 Sep 2024 quarterly Dec 2000 - Sep 2024
Latvia (%) 4.5 Sep 2024 monthly Jan 2015 - Sep 2024
Lebanon (%) -17.2 Feb 2024 monthly Dec 1980 - Feb 2024
Lithuania (%) 10.6 Oct 2024 monthly Dec 1994 - Oct 2024
Luxembourg (%) 7.0 Oct 2024 monthly Jan 2000 - Oct 2024
Macau SAR, China (%) 7.5 Oct 2024 monthly Jun 1985 - Oct 2024
North Macedonia (%) 7.0 Oct 2024 monthly Jan 2004 - Oct 2024
Malawi (%) 36.0 Jun 2023 monthly Jan 1976 - Jun 2023
Malaysia (%) 4.2 Oct 2024 monthly Dec 1970 - Oct 2024
Malta (%) 4.1 Aug 2024 monthly Jan 2009 - Aug 2024
Mauritius (%) 11.6 Sep 2024 monthly Jul 1977 - Sep 2024
Mexico (%) 12.4 Oct 2024 monthly Dec 1986 - Oct 2024
Moldova (%) 20.8 Oct 2024 monthly Jan 2001 - Oct 2024
Mongolia (%) 25.1 Oct 2024 monthly Dec 1997 - Oct 2024
Montenegro (%) 12.0 2023 yearly 2003 - 2023
Morocco (%) 8.1 Oct 2024 monthly Jan 1986 - Oct 2024
Mozambique (%) 13.8 Sep 2024 monthly Dec 2002 - Sep 2024
Myanmar (%) 15.9 Mar 2024 quarterly Dec 2002 - Mar 2024
Nepal (%) 12.4 Nov 2024 monthly Jan 2002 - Nov 2024
Netherlands (%) 0.7 Oct 2024 monthly Dec 1957 - Oct 2024
New Zealand (%) 3.2 Oct 2024 monthly Mar 1989 - Oct 2024
Nigeria (%) 63.3 Aug 2024 monthly Nov 1993 - Aug 2024
Norway (%) 4.0 Oct 2024 monthly Dec 1993 - Oct 2024
Oman (%) 13.9 Sep 2024 monthly Jan 2000 - Sep 2024
Pakistan (%) 15.2 Oct 2024 monthly Jan 1989 - Oct 2024
Palestinian Territory (%) 11.9 Oct 2024 monthly Jul 2003 - Oct 2024
Panama (%) 8.7 Jul 2024 monthly Dec 2003 - Jul 2024
Paraguay (%) 11.5 Oct 2024 monthly Dec 1989 - Oct 2024
Peru (%) 12.7 Oct 2024 monthly Jan 1993 - Oct 2024
Philippines (%) 5.8 Oct 2024 monthly Dec 1989 - Oct 2024
Poland (%) 7.6 Oct 2024 monthly Dec 1997 - Oct 2024
Portugal (%) 6.8 Oct 2024 monthly Dec 1980 - Oct 2024
Qatar (%) 1.7 Oct 2024 monthly Jan 1983 - Oct 2024
Romania (%) 10.3 Oct 2024 monthly Dec 2002 - Oct 2024
Russia (%) 19.5 Oct 2024 monthly Dec 1992 - Oct 2024
Saudi Arabia (%) 11.1 Oct 2024 monthly Jan 1994 - Oct 2024
Serbia (%) 17.4 Oct 2024 monthly Aug 2002 - Oct 2024
Singapore (%) 5.4 Oct 2024 monthly Mar 2005 - Oct 2024
Slovakia (%) 5.6 Oct 2024 monthly Dec 2001 - Oct 2024
Slovenia (%) 2.5 Sep 2024 monthly Jan 2008 - Sep 2024
South Africa (%) 7.1 Oct 2024 monthly Mar 1966 - Oct 2024
Spain (%) 5.1 Oct 2024 monthly Jan 1963 - Oct 2024
Sri Lanka (%) 10.6 Oct 2024 monthly Jan 1995 - Oct 2024
Sudan (%) 43.9 Feb 2023 monthly Dec 2004 - Feb 2023
Sweden (%) 1.3 Oct 2024 monthly Jan 1999 - Oct 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 (%) 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
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.695 2028 yearly 1980 - 2028
Trade Balance (USD mn) -23,235.8 Jun 2024 monthly Jan 2009 - Jun 2024
Total Exports (USD mn) 32,740.3 Aug 2024 monthly Jan 1981 - Aug 2024
Total Exports Growth (%) 7.1 Aug 2024 monthly Jan 1982 - Aug 2024
Aluminum: Exports (USD th) 12,724,616.644 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 1,305,611.213 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 387,263.571 2023 yearly 1995 - 2023
Total Imports (USD mn) 34,517.0 Jun 2024 monthly Jan 2009 - Jun 2024
Total Imports Growth (%) 16.4 Jun 2024 monthly Jan 2010 - Jun 2024
Imports: Medicament (USD th) 4,603,410.546 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 1,612,769.142 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 546.807 Aug 2024 monthly Jan 1981 - Aug 2024
Total Imports from USA (USD mn) 2,377.601 Aug 2024 monthly Jan 1981 - Aug 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
Re-Exports: General System: Volume (Ton) 1,512,053.174 Jun 2024 monthly Jan 2017 - Jun 2024
Exports: Non Oil: General System: Value (AED mn) 41,430.373 Jun 2024 monthly Jan 2017 - Jun 2024
Imports: General System: Volume (Ton) 10,122,199.375 Jun 2024 monthly Jan 2017 - Jun 2024
Imports: General System: Value (AED mn) 126,763.820 Jun 2024 monthly Jan 2017 - Jun 2024
Exports: Non Oil: General System: Volume (Ton) 8,765,140.188 Jun 2024 monthly Jan 2017 - Jun 2024
Re-Exports: General System: Value (AED mn) 45,331.850 Jun 2024 monthly Jan 2017 - Jun 2024
Exports: ytd: HS: Non-Oil: GS: Value: Pearls, Stones, Precious Metals and its Ar... (AED mn) 137,197.593 Jun 2024 quarterly Mar 2017 - Jun 2024
Exports: ytd: HS: Non-Oil: GS: Value: Base Metals and Articles of Base Metal (AED mn) 30,544.181 Jun 2024 quarterly Mar 2017 - Jun 2024
Exports: ytd: HS: Non-Oil: GS: Value: Mineral Products (AED mn) 12,825.035 Jun 2024 quarterly Mar 2017 - Jun 2024
Exports: ytd: HS: Non-Oil: GS: Value: Foodstuff, Beverages, Spirits and Tobacco (AED mn) 18,937.086 Jun 2024 quarterly Mar 2017 - Jun 2024
Exports: ytd: HS: Non-Oil: GS: Value: Plastic, Rubber and Articles (AED mn) 7,854.542 Jun 2024 quarterly Mar 2017 - Jun 2024
Exports: Non Oil: GS: ytd: Non-Arab Asian Countries: ow Iran (Islamic Republic O... (AED mn) 591.125 Jun 2024 quarterly Mar 2017 - Jun 2024
Exports: Non Oil: GS: ytd: Non-Arab Asian Countries: ow Singapore (AED mn) 3,457.497 Jun 2024 quarterly Mar 2017 - Jun 2024
Exports: Non Oil: GS: ytd: European Countries: ow Switzerland (AED mn) 19,664.402 Jun 2024 quarterly Mar 2017 - Jun 2024
Exports: Non Oil: GS: ytd: Non-Arab Asian Countries: ow India (AED mn) 26,100.303 Jun 2024 quarterly Mar 2017 - Jun 2024
Exports: Non Oil: GS: ytd: Gulf Cooperation Council Countries: ow Saudi Arabia (AED mn) 21,853.110 Jun 2024 quarterly Mar 2017 - Jun 2024
Imports: ytd: HS: GS: Value: Pearls, Stones, Precious Metals and its Articles (AED mn) 243,667.081 Jun 2024 quarterly Mar 2017 - Jun 2024
Imports: ytd: HS: GS: Value: Base Metals and Articles of Base Metal (AED mn) 38,932.861 Jun 2024 quarterly Mar 2017 - Jun 2024
Imports: ytd: HS: GS: Value: Vegetable Products (AED mn) 16,200.493 Jun 2024 quarterly Mar 2017 - Jun 2024
Imports: ytd: HS: GS: Value: Mineral Products (AED mn) 48,090.634 Jun 2024 quarterly Mar 2017 - Jun 2024
Imports: ytd: HS: GS: Value: Chemical Products or Allied Industries (AED mn) 38,859.547 Jun 2024 quarterly Mar 2017 - Jun 2024
Imports: GS: ytd: Non-Arab Asian Countries: ow China (AED mn) 143,027.239 Jun 2024 quarterly Mar 2017 - Jun 2024
Imports: GS: ytd: Non-Arab Asian Countries: ow India (AED mn) 54,159.184 Jun 2024 quarterly Mar 2017 - Jun 2024
Imports: GS: ytd: Non-Arab Asian Countries: ow Japan (AED mn) 26,943.182 Jun 2024 quarterly Mar 2017 - Jun 2024
Imports: GS: ytd: European Countries: ow Germany (AED mn) 20,565.372 Jun 2024 quarterly Mar 2017 - Jun 2024
Imports: GS: ytd: American Countries: ow United States Of America (AED mn) 46,802.443 Jun 2024 quarterly Mar 2017 - Jun 2024
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) 45.467 2029 yearly 1980 - 2029
BoP: Current Account: Imports: CIF (AED bn) -996.800 2021 yearly 1996 - 2021
BoP: Current Account: Investment Income: Net (AED bn) -2.700 2021 yearly 2001 - 2021
BoP: CF: Financial Account (AED bn) -96.800 2021 yearly 2002 - 2021
BoP: Net Errors and Omissions (AED bn) 5.300 2021 yearly 1996 - 2021
BoP: Current Account: Trade Balance: FOB (AED bn) 290.300 2021 yearly 1996 - 2021
BoP: Current Account: Transfers: Net (AED bn) -205.800 2021 yearly 1996 - 2021
BoP: CF: Financial Account: Enterprises: Private Sector: Direct Investment (AED bn) -6.900 2021 yearly 2002 - 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: Outw... (AED bn) -82.800 2021 yearly 2002 - 2021
BoP: Current Account (AED bn) 176.200 2021 yearly 1996 - 2021
BoP: Current Account: Services: Net (AED bn) 94.500 2021 yearly 1996 - 2021
BoP: Current Account: Trade Balance: CIF (AED bn) 176.200 2019 yearly 2001 - 2019
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: Capital and Financial Account (CF) (AED bn) -96.800 2021 yearly 1996 - 2021
BoP: Current Account: Services: Debit (AED bn) -265.500 2018 yearly 2001 - 2018
BoP: Current Account: Services: Credit (AED bn) 263.800 2018 yearly 2001 - 2018
BoP: CF: Financial Account: Enterprises: Private Sector: Direct Investment: Inwa... (AED bn) 75.900 2021 yearly 2002 - 2021
BoP: Current Account: Imports: FOB (AED bn) -897.100 2021 yearly 2001 - 2021
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) 244,062.544 Sep 2024 monthly Jun 1991 - Sep 2024
Money Supply M2 (USD mn) 612,570.195 Sep 2024 monthly Jun 1991 - Sep 2024
M2 Growth (%) 17.9 Sep 2024 monthly Jun 1992 - Sep 2024
Reserve Requirement Ratio (%) 1.0 Nov 2024 monthly Jan 2000 - Nov 2024
Foreign Exchange Reserves (USD mn) 207,119.1 Jul 2024 monthly Jun 1973 - Jul 2024
Foreign Exchange Reserves: % of GDP (%) 37.889 Jun 2024 quarterly Dec 2012 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 5.8 Jun 2024 monthly Jan 2009 - Jun 2024
Gold Reserves (USD mn) 5,794.418 Jul 2024 monthly Dec 1974 - Jul 2024
Total Deposits (USD mn) 751,915.589 Sep 2024 monthly Dec 2003 - Sep 2024
Total Deposits Growth (%) 14.1 Sep 2024 monthly Dec 2004 - Sep 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) 496,041.661 Jul 2024 monthly Dec 2013 - Jul 2024
Total Loans Growth (%) 6.28 Jul 2024 monthly Dec 2014 - Jul 2024
Private Debt: % of Nominal GDP (%) 67.34 Jun 2024 quarterly Dec 2013 - Jun 2024
Money Supply: M0 (AED mn) 146,911.000 Sep 2024 monthly Dec 2000 - Sep 2024
Money Supply: M3: M2: M1 (AED mn) 896,319.693 Sep 2024 monthly Dec 2007 - Sep 2024
Money Supply: M3 (AED mn) 2,719,864.108 Sep 2024 monthly Dec 2007 - Sep 2024
Money Supply: M3: M2 (AED mn) 2,249,664.042 Sep 2024 monthly Dec 2007 - Sep 2024
Reserve Requirement Ratio: Current, Savings and Call Deposits (%) 11.000 Nov 2024 monthly Jan 2000 - Nov 2024
Banks Deposits (AED mn) 2,761,410.000 Sep 2024 monthly Dec 2003 - Sep 2024
Banks Credit: Gross: Residents (AED mn) 1,486,531.000 Jun 2018 monthly Dec 2013 - Jun 2018

More Indicators for United Arab Emirates

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