Final consumption expenditure (constant LCU), annual growth rate in United Arab Emirates
United Arab Emirates: Final consumption expenditure (constant LCU), annual growth rate was 11.68 % change on previous year in 2023. ◆ Volatile
Final consumption expenditure (constant LCU), annual growth rate in United Arab Emirates, 2002–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, final consumption expenditure (constant lcu), annual growth rate in United Arab Emirates stood at 11.68 % change on previous year.
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 (constant lcu), annual growth rate in United Arab Emirates peaked at 14.34 % change on previous year in 2022 and was at its lowest, -23.37 % change on previous year, in 2010.
United Arab Emirates ranks 5th of 176 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 (constant LCU), annual growth rate in United Arab Emirates, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2002 | 5.99 % change on previous year | — |
| 2003 | 2.38 % change on previous year | -60.2% |
| 2004 | 9.38 % change on previous year | +293.3% |
| 2005 | 1.51 % change on previous year | -83.9% |
| 2006 | 12.81 % change on previous year | +748.7% |
| 2007 | 10.98 % change on previous year | -14.3% |
| 2008 | 11.9 % change on previous year | +8.4% |
| 2009 | -21.89 % change on previous year | -283.9% |
| 2010 | -23.37 % change on previous year | +6.8% |
| 2011 | 11.24 % change on previous year | -148.1% |
| 2012 | -9.14 % change on previous year | -181.3% |
| 2013 | 10.03 % change on previous year | -209.7% |
| 2014 | 10 % change on previous year | -0.3% |
| 2015 | 1.67 % change on previous year | -83.3% |
| 2016 | 2.85 % change on previous year | +70.3% |
| 2017 | 6.6 % change on previous year | +131.7% |
| 2018 | 1.06 % change on previous year | -83.9% |
| 2019 | 6.75 % change on previous year | +536.3% |
| 2020 | -1.51 % change on previous year | -122.4% |
| 2021 | 4.76 % change on previous year | -415.1% |
| 2022 | 14.34 % change on previous year | +201.1% |
| 2023 | 11.68 % change on previous year | -18.5% |
United Arab Emirates compared with similar countries
- United Arab Emirates's 11.68 % change on previous year is above the median for high income countries, which is 2.02 % change on previous year, 5.8× the median. (61 countries reporting)
- United Arab Emirates's 11.68 % change on previous year is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.21 % change on previous year, 3.6× the median. (21 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.13 % change on previous year | -21.89 % change on previous year | 12.81 % change on previous year | 8 |
| 2010s | 1.77 % change on previous year | -23.37 % change on previous year | 11.24 % change on previous year | 10 |
| 2020s | 7.32 % change on previous year | -1.51 % change on previous year | 14.34 % change on previous year | 4 |
Countries ranked near United Arab Emirates
- 2 Kyrgyzstan 20.8 % change on previous year compare
- 3 Iraq 15.34 % change on previous year compare
- 4 Tajikistan 14.97 % change on previous year compare
- 6 Libya 11.48 % change on previous year compare
- 7 Uganda 10.48 % change on previous year compare
- 8 Papua New Guinea 10.47 % change on previous year
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 77.17 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.1397 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 7,024 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 45.64 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 48.71 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0826 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 4,154 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 22.86 % change on previous year (2025)
Frequently asked questions
- What is final consumption expenditure (constant lcu), annual growth rate in United Arab Emirates?
- Final consumption expenditure (constant lcu), annual growth rate in United Arab Emirates was 11.68 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest final consumption expenditure (constant lcu), annual growth rate recorded in United Arab Emirates?
- The highest recorded value was 14.34 % change on previous year in 2022.
- What is the lowest final consumption expenditure (constant lcu), annual growth rate recorded in United Arab Emirates?
- The lowest recorded value was -23.37 % change on previous year in 2010.
- How does United Arab Emirates rank for final consumption expenditure (constant lcu), annual growth rate?
- United Arab Emirates ranks 5th out of 176 countries with data for 2023.
- Is final consumption expenditure (constant lcu), annual growth rate 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 Statizoid (derived), published as part of Final consumption expenditure (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Final consumption expenditure (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Final consumption expenditure (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.