Liabilities, Insurance Technical Reserves (OFCS) in United Arab Emirates
United Arab Emirates: Liabilities, Insurance Technical Reserves (OFCS) was 63.02 billion in 2022. ▲ Rising
Liabilities, Insurance Technical Reserves (OFCS) in United Arab Emirates, 2016–2022
Source: International Monetary Fund.
Analysis
In 2022, liabilities, insurance technical reserves (ofcs) in United Arab Emirates stood at 63.02 billion.
The figure is down 5.0% on the previous year and up 26.0% over ten years.
That places United Arab Emirates 38th out of 65 countries with data for 2022, putting it in the middle of the range.
Liabilities, Insurance Technical Reserves (OFCS) in United Arab Emirates, year by year
| Year | Value | Change |
|---|---|---|
| 2016 | 50.03 billion | — |
| 2017 | 58.21 billion | +16.4% |
| 2018 | 56.32 billion | -3.2% |
| 2019 | 61.30 billion | +8.8% |
| 2020 | 61.98 billion | +1.1% |
| 2021 | 66.31 billion | +7.0% |
| 2022 | 63.02 billion | -5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 56.46 billion | 50.03 billion | 61.30 billion | 4 |
| 2020s | 63.77 billion | 61.98 billion | 66.31 billion | 3 |
Countries ranked near United Arab Emirates
More external debt data for United Arab Emirates
- Liabilities, International Liquidity, Liabilities to Nonresidents 342.29 billion (2025)
- Net lending (+) / net borrowing (-), General government, Percent of 4.53 (2030)
- Primary net lending (+) / net borrowing (-), General government 5.11 (2030)
- Gross debt, General government, Percent of fiscal year GDP 18.08 (2015)
- Gross debt, General government, Percent of GDP 26.63 (2030)
- Liabilities, International Liquidity, Liabilities to Nonresidents 3.07 billion (2025)
- Inward Direct investment, Assets (gross), Debt instruments, All 68.88 billion (2024)
- Inward Direct investment, Liabilities (gross), All financial 5.59 billion (2024)
- Inward Direct investment, Liabilities (gross), Debt instruments, All 44.46 billion (2024)
- Inward Direct investment, Net (liabilities less assets), Equity, All 198.66 billion (2024)
Frequently asked questions
- What is liabilities, insurance technical reserves (ofcs) in United Arab Emirates?
- Liabilities, insurance technical reserves (ofcs) in United Arab Emirates was 63.02 billion in 2022, according to International Monetary Fund.
- What is the highest liabilities, insurance technical reserves (ofcs) recorded in United Arab Emirates?
- The highest recorded value was 66.31 billion in 2021.
- What is the lowest liabilities, insurance technical reserves (ofcs) recorded in United Arab Emirates?
- The lowest recorded value was 50.03 billion in 2016.
- How does United Arab Emirates rank for liabilities, insurance technical reserves (ofcs)?
- United Arab Emirates ranks 38th out of 65 countries with data for 2022.
- Is liabilities, insurance technical reserves (ofcs) rising or falling in United Arab Emirates?
- Over the last ten years it is up 26.0%. The long-run trend across the full record is rising.
- Where does this United Arab Emirates data come from?
- The figures come from International Monetary Fund, published as part of Liabilities, Insurance Technical Reserves (OFCS) (Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Other Financial Corporations (OFCs) dataset presents the balance sheet of OFCs highlighting their financial linkages with other economic sectors and nonresidents.