Liquid Liabilities (Broad Money) for United Arab Emirates

DDOI07AEA648NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

334,586.50

Year-over-Year Change

63.47%

Date Range

1/1/1973 - 1/1/2021

Summary

The 'Liquid Liabilities (Broad Money) for United Arab Emirates' tracks the total value of the country's money supply, including cash, deposits, and other liquid financial assets. This measure provides insights into the overall liquidity and financial depth of the UAE economy.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

Liquid liabilities, also known as broad money, is a comprehensive measure of the total money supply in an economy. It includes currency in circulation, plus deposits and other liquid assets held by the public. This metric is used by economists and policymakers to analyze monetary trends, financial development, and overall economic health.

Methodology

The data is collected and calculated by the World Bank based on official sources within the United Arab Emirates.

Historical Context

This economic indicator is closely monitored by the Central Bank of the UAE and international institutions to assess monetary policy and financial stability.

Key Facts

  • UAE's liquid liabilities totaled $649 billion in 2021.
  • Broad money has grown over 8% annually on average since 2015.
  • Liquid liabilities are equivalent to 108% of UAE's GDP as of 2021.

FAQs

Q: What does this economic trend measure?

A: The 'Liquid Liabilities (Broad Money) for United Arab Emirates' tracks the total value of the country's money supply, including cash, deposits, and other liquid financial assets.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insights into the overall liquidity and financial depth of the UAE economy, which is crucial for analyzing monetary trends, financial development, and economic health.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the World Bank based on official sources within the United Arab Emirates.

Q: How is this trend used in economic policy?

A: This economic indicator is closely monitored by the Central Bank of the UAE and international institutions to assess monetary policy and financial stability.

Q: Are there update delays or limitations?

A: The data is updated annually with a delay of approximately one year.

Related Trends

Citation

U.S. Federal Reserve, Liquid Liabilities (Broad Money) for United Arab Emirates (DDOI07AEA648NWDB), retrieved from FRED.