Final consumption expenditure (current LCU), annual growth rate in United Arab Emirates
United Arab Emirates: Final consumption expenditure (current LCU), annual growth rate was 8.27 % change on previous year in 2023. ◆ Volatile
Final consumption expenditure (current LCU), annual growth rate in United Arab Emirates, 2002–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
United Arab Emirates recorded 8.27 % change on previous year for final consumption expenditure (current lcu), annual growth rate in 2023.
The figure is down 57.9% on the previous year and down 23.8% over ten years.
Over the whole period, final consumption expenditure (current lcu), annual growth rate in United Arab Emirates peaked at 23.29 % change on previous year in 2007 and was at its lowest, -23.49 % change on previous year, in 2009.
United Arab Emirates ranks 75th of 187 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current LCU), annual growth rate in United Arab Emirates, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2002 | 10.11 % change on previous year | — |
| 2003 | 8.17 % change on previous year | -19.1% |
| 2004 | 20.94 % change on previous year | +156.2% |
| 2005 | 12.88 % change on previous year | -38.5% |
| 2006 | 20.54 % change on previous year | +59.5% |
| 2007 | 23.29 % change on previous year | +13.4% |
| 2008 | 20.21 % change on previous year | -13.2% |
| 2009 | -23.49 % change on previous year | -216.2% |
| 2010 | -4.44 % change on previous year | -81.1% |
| 2011 | 11.93 % change on previous year | -368.5% |
| 2012 | -7.49 % change on previous year | -162.8% |
| 2013 | 10.86 % change on previous year | -245.0% |
| 2014 | 10.7 % change on previous year | -1.5% |
| 2015 | 2.9 % change on previous year | -72.8% |
| 2016 | 0.6964 % change on previous year | -76.0% |
| 2017 | 5.59 % change on previous year | +703.1% |
| 2018 | 2.15 % change on previous year | -61.5% |
| 2019 | 1.57 % change on previous year | -26.9% |
| 2020 | -1.66 % change on previous year | -205.5% |
| 2021 | 7.18 % change on previous year | -532.4% |
| 2022 | 19.64 % change on previous year | +173.6% |
| 2023 | 8.27 % change on previous year | -57.9% |
United Arab Emirates compared with similar countries
- United Arab Emirates's 8.27 % change on previous year is above the median for high income countries, which is 4.86 % change on previous year, 1.7× the median. (67 countries reporting)
- United Arab Emirates's 8.27 % change on previous year is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 7.38 % change on previous year, 1.1× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Final consumption expenditure (current LCU), annual growth rate in United Arab Emirates changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +703.1% | 0.6964 % change on previous year | 5.59 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.58 % change on previous year | -23.49 % change on previous year | 23.29 % change on previous year | 8 |
| 2010s | 3.45 % change on previous year | -7.49 % change on previous year | 11.93 % change on previous year | 10 |
| 2020s | 8.36 % change on previous year | -1.66 % change on previous year | 19.64 % change on previous year | 4 |
Countries ranked near United Arab Emirates
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 (current lcu), annual growth rate in United Arab Emirates?
- Final consumption expenditure (current lcu), annual growth rate in United Arab Emirates was 8.27 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest final consumption expenditure (current lcu), annual growth rate recorded in United Arab Emirates?
- The highest recorded value was 23.29 % change on previous year in 2007.
- What is the lowest final consumption expenditure (current lcu), annual growth rate recorded in United Arab Emirates?
- The lowest recorded value was -23.49 % change on previous year in 2009.
- How does United Arab Emirates rank for final consumption expenditure (current lcu), annual growth rate?
- United Arab Emirates ranks 75th out of 187 countries with data for 2023.
- Is final consumption expenditure (current lcu), annual growth rate rising or falling in United Arab Emirates?
- Over the last ten years it is down 23.8%. 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 (current 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 (current 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.