DEC alternative conversion factor in United Arab Emirates
United Arab Emirates: DEC alternative conversion factor was 3.67 LCU per US$ in 2024. ▼ Falling
DEC alternative conversion factor in United Arab Emirates, 1966–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in LCU per US$.
Analysis
In 2024, dec alternative conversion factor in United Arab Emirates stood at 3.67 LCU per US$.
The figure is unchanged over ten years.
Over the whole period, dec alternative conversion factor in United Arab Emirates peaked at 4.76 LCU per US$ in 1966 and was at its lowest, 3.67 LCU per US$, in 1981.
United Arab Emirates ranks 128th of 214 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 59 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.76 LCU per US$ | 4.76 LCU per US$ | 4.76 LCU per US$ | 4 |
| 1970s | 4.14 LCU per US$ | 3.82 LCU per US$ | 4.76 LCU per US$ | 10 |
| 1980s | 3.67 LCU per US$ | 3.67 LCU per US$ | 3.71 LCU per US$ | 10 |
| 1990s | 3.67 LCU per US$ | 3.67 LCU per US$ | 3.67 LCU per US$ | 10 |
| 2000s | 3.67 LCU per US$ | 3.67 LCU per US$ | 3.67 LCU per US$ | 10 |
| 2010s | 3.67 LCU per US$ | 3.67 LCU per US$ | 3.67 LCU per US$ | 10 |
| 2020s | 3.67 LCU per US$ | 3.67 LCU per US$ | 3.67 LCU per US$ | 5 |
Countries ranked near United Arab Emirates
More economy & growth data for United Arab Emirates
- Net secondary income (Net current transfers from abroad) -246.30 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -67.07 billion current US$ (2024)
- Net primary income (Net income from abroad) 58.80 billion current LCU (2024)
- Net primary income (Net income from abroad) 16.01 billion current US$ (2024)
- GNI per capita 189,982 current LCU (2024)
- GNI per capita, Atlas method 51,550 current US$ (2024)
- GNI 2.09 trillion current LCU (2024)
- GNI 568.34 billion current US$ (2024)
- GNI, Atlas method 566.40 billion current US$ (2024)
- Gross domestic savings 42.9% (2023)
Frequently asked questions
- What is dec alternative conversion factor in United Arab Emirates?
- Dec alternative conversion factor in United Arab Emirates was 3.67 LCU per US$ in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest dec alternative conversion factor recorded in United Arab Emirates?
- The highest recorded value was 4.76 LCU per US$ in 1966.
- What is the lowest dec alternative conversion factor recorded in United Arab Emirates?
- The lowest recorded value was 3.67 LCU per US$ in 1981.
- How does United Arab Emirates rank for dec alternative conversion factor?
- United Arab Emirates ranks 128th out of 214 countries with data for 2024.
- Is dec alternative conversion factor rising or falling in United Arab Emirates?
- Over the last ten years it is unchanged. The long-run trend across the full record is falling.
- Where does this United Arab Emirates data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of DEC alternative conversion factor (LCU per US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 59 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The DEC alternative conversion factor is the underlying annual exchange rate (the price of one country’s currency in relation to another country's currency) used for the World Bank Atlas method. As a rule, it is the official exchange rate reported in the IMF's International Financial Statistics. Exceptions arise where further refinements are made by World Bank staff. It is expressed in local currency units per U.S. dollar.