The UAE's current account surplus quadrupled to Dh112.7 billion in 2011 as both crude and non-oil exports soared, the central bank's annual report showed on Thursday.
The surplus surged to 8.5 per cent of gross domestic product (GDP) last year from 2.4 per cent, or Dh26.6 billion, in 2010, according to a Reuters calculation.
The 2011 calculation is based on a GDP estimate by the International Monetary Fund since the UAE's statistics office has yet to release GDP data for last year. The Opec member's 2010 balance of payments data has been revised.
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