Final consumption expenditure (constant 2015 US$) in United Arab Emirates
United Arab Emirates: Final consumption expenditure (constant 2015 US$) was 308.67 billion constant 2015 US$ in 2023. ▲ Rising
Final consumption expenditure in United Arab Emirates, 2001–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
In 2023, final consumption expenditure in United Arab Emirates stood at 308.67 billion constant 2015 US$. That is the highest value across all 23 years on record.
The figure is up 11.7% on the previous year and up 74.3% over ten years.
Over the whole period, final consumption expenditure in United Arab Emirates peaked at 308.67 billion constant 2015 US$ in 2023 and was at its lowest, 157.60 billion constant 2015 US$, in 2001.
That places United Arab Emirates 34th out of 172 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Final consumption expenditure (constant 2015 US$) in United Arab Emirates, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2001 | 157.60 billion constant 2015 US$ | — |
| 2002 | 167.05 billion constant 2015 US$ | +6.0% |
| 2003 | 171.03 billion constant 2015 US$ | +2.4% |
| 2004 | 187.08 billion constant 2015 US$ | +9.4% |
| 2005 | 189.90 billion constant 2015 US$ | +1.5% |
| 2006 | 214.23 billion constant 2015 US$ | +12.8% |
| 2007 | 237.76 billion constant 2015 US$ | +11.0% |
| 2008 | 266.06 billion constant 2015 US$ | +11.9% |
| 2009 | 207.82 billion constant 2015 US$ | -21.9% |
| 2010 | 159.26 billion constant 2015 US$ | -23.4% |
| 2011 | 177.17 billion constant 2015 US$ | +11.2% |
| 2012 | 160.97 billion constant 2015 US$ | -9.1% |
| 2013 | 177.11 billion constant 2015 US$ | +10.0% |
| 2014 | 194.82 billion constant 2015 US$ | +10.0% |
| 2015 | 198.07 billion constant 2015 US$ | +1.7% |
| 2016 | 203.71 billion constant 2015 US$ | +2.8% |
| 2017 | 217.16 billion constant 2015 US$ | +6.6% |
| 2018 | 219.46 billion constant 2015 US$ | +1.1% |
| 2019 | 234.28 billion constant 2015 US$ | +6.8% |
| 2020 | 230.73 billion constant 2015 US$ | -1.5% |
| 2021 | 241.72 billion constant 2015 US$ | +4.8% |
| 2022 | 276.38 billion constant 2015 US$ | +14.3% |
| 2023 | 308.67 billion constant 2015 US$ | +11.7% |
United Arab Emirates compared with similar countries
- United Arab Emirates's 308.67 billion constant 2015 US$ is above the median for high income countries, which is 177.97 billion constant 2015 US$, 1.7× the median. (61 countries reporting)
- United Arab Emirates's 308.67 billion constant 2015 US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 68.85 billion constant 2015 US$, 4.5× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 199.84 billion constant 2015 US$ | 157.60 billion constant 2015 US$ | 266.06 billion constant 2015 US$ | 9 |
| 2010s | 194.20 billion constant 2015 US$ | 159.26 billion constant 2015 US$ | 234.28 billion constant 2015 US$ | 10 |
| 2020s | 264.38 billion constant 2015 US$ | 230.73 billion constant 2015 US$ | 308.67 billion constant 2015 US$ | 4 |
Countries ranked near United Arab Emirates
- 31 Malaysia 328.88 billion constant 2015 US$ compare
- 32 Israel 325.35 billion constant 2015 US$ compare
- 33 South Africa 324.56 billion constant 2015 US$ compare
- 35 Austria 306.92 billion constant 2015 US$ compare
- 36 Iran 304.26 billion constant 2015 US$ compare
- 37 Vietnam 283.66 billion constant 2015 US$ compare
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)
- SDRs holdings, US dollar, annual growth rate 5.28 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0056 units per US$ of GDP (2024)
- SDRs holdings, US dollar, per capita 285.14 units per person (2025)
- SDRs holdings, SDR, annual growth rate 0.2593 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0043 units per US$ of GDP (2024)
- SDRs holdings, SDR, per capita 208.21 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.68 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0041 units per US$ of GDP (2024)
Frequently asked questions
- What is final consumption expenditure in United Arab Emirates?
- Final consumption expenditure in United Arab Emirates was 308.67 billion constant 2015 US$ 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 308.67 billion constant 2015 US$ in 2023.
- What is the lowest final consumption expenditure recorded in United Arab Emirates?
- The lowest recorded value was 157.60 billion constant 2015 US$ in 2001.
- How does United Arab Emirates rank for final consumption expenditure?
- United Arab Emirates ranks 34th out of 172 countries with data for 2023.
- Is final consumption expenditure rising or falling in United Arab Emirates?
- Over the last ten years it is up 74.3%. The long-run trend across the full record is rising.
- 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 (constant 2015 US$). 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 is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.