Final consumption expenditure in United Arab Emirates
United Arab Emirates: Final consumption expenditure was 11.7% in 2023. ◆ Volatile
Final consumption expenditure in United Arab Emirates, 2002–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in annual % growth.
Analysis
United Arab Emirates recorded 11.7% for final consumption expenditure in 2023.
Compared with earlier readings it is down 18.5% on the previous year and up 16.5% over ten years.
Over the whole period, final consumption expenditure in United Arab Emirates peaked at 14.3% in 2022 and was at its lowest, -23.4%, in 2010.
United Arab Emirates ranks 5th of 175 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure in United Arab Emirates, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2002 | 6.0% | — |
| 2003 | 2.4% | -60.2% |
| 2004 | 9.4% | +293.3% |
| 2005 | 1.5% | -83.9% |
| 2006 | 12.8% | +748.7% |
| 2007 | 11.0% | -14.3% |
| 2008 | 11.9% | +8.4% |
| 2009 | -21.9% | -283.9% |
| 2010 | -23.4% | +6.8% |
| 2011 | 11.2% | -148.1% |
| 2012 | -9.1% | -181.3% |
| 2013 | 10.0% | -209.7% |
| 2014 | 10.0% | -0.3% |
| 2015 | 1.7% | -83.3% |
| 2016 | 2.8% | +70.3% |
| 2017 | 6.6% | +131.7% |
| 2018 | 1.1% | -83.9% |
| 2019 | 6.8% | +536.3% |
| 2020 | -1.5% | -122.4% |
| 2021 | 4.8% | -415.0% |
| 2022 | 14.3% | +201.1% |
| 2023 | 11.7% | -18.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.1% | -21.9% | 12.8% | 8 |
| 2010s | 1.8% | -23.4% | 11.2% | 10 |
| 2020s | 7.3% | -1.5% | 14.3% | 4 |
Countries ranked near United Arab Emirates
- 2 Kyrgyzstan 20.8% compare
- 3 Iraq 15.3% compare
- 4 Tajikistan 15.0% compare
- 6 Libya 11.5% compare
- 7 Uganda 10.5% compare
- 8 Papua New Guinea 10.5%
More economy & growth data for United Arab Emirates
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.85 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.54 Percent per annum (2029)
- Services, value added (constant LCU), per capita 85,997 constant LCU per person (2024)
- GDP deflator (base year varies by country), annual growth rate 1.63 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 5.68 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 1 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 50,274 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.68 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 3.67 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 184,629 current LCU per person (2024)
Frequently asked questions
- What is final consumption expenditure in United Arab Emirates?
- Final consumption expenditure in United Arab Emirates was 11.7% in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in United Arab Emirates?
- The highest recorded value was 14.3% in 2022.
- What is the lowest final consumption expenditure recorded in United Arab Emirates?
- The lowest recorded value was -23.4% in 2010.
- How does United Arab Emirates rank for final consumption expenditure?
- United Arab Emirates ranks 5th out of 175 countries with data for 2023.
- Is final consumption expenditure rising or falling in United Arab Emirates?
- Over the last ten years it is up 16.5%. The long-run trend across the full record is volatile.
- Where does this United Arab Emirates data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.