United Arab Emirates: Imports of goods and services (% of GDP)
In , United Arab Emirates's Imports of goods and services (% of GDP) was 92.20.
That's up 10.2% from 2022, the highest value on record.
The global average for this indicator in 2023 was 47.94 .
Source: World Bank Open Data (NE.IMP.GNFS.ZS) • Data as of 2023
Trend (2005–2023)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 92.20
- Trough
- 50.84
- 1-year change
- +10.2%
- 5-year change
- +44.3%
- +7.6% / yr
- 10-year change
- +49.6%
- +4.1% / yr
Historical Data — Last 10 Years
| Year | Imports of goods and services (% of GDP) |
|---|---|
| 92.1988 | |
| 83.6897 | |
| 82.2668 | |
| 83.2194 | |
| 70.5198 | |
| 63.9040 | |
| 70.7391 | |
| 70.9203 | |
| 70.4236 | |
| 64.7418 |
About Imports of goods and services (% of GDP)
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Indicator code: NE.IMP.GNFS.ZS • Category: Economy
Frequently asked questions
- What was United Arab Emirates's Imports of goods and services (% of GDP) in 2023?
- In 2023, United Arab Emirates's Imports of goods and services (% of GDP) was 92.20, according to World Bank Open Data.
- Is United Arab Emirates's Imports of goods and services (% of GDP) rising or falling?
- United Arab Emirates's Imports of goods and services (% of GDP) rose 10.2% from 2022 to 2023.
- How does United Arab Emirates's Imports of goods and services (% of GDP) compare to the world average?
- The global average for Imports of goods and services (% of GDP) in 2023 was 47.94, so United Arab Emirates is above the world average.
- What is Imports of goods and services (% of GDP) and how is it measured?
- Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Source: World Bank Open Data (NE.IMP.GNFS.ZS), CC BY 4.0.