Final consumption expenditure in United Arab Emirates
United Arab Emirates: Final consumption expenditure was 1.10 trillion current LCU 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 current LCU.
Analysis
In 2023, final consumption expenditure in United Arab Emirates stood at 1.10 trillion current LCU. That is the highest value across all 23 years on record.
That represents a change of up 8.3% on the previous year and up 71.6% over ten years.
Over the whole period, final consumption expenditure in United Arab Emirates peaked at 1.10 trillion current LCU in 2023 and was at its lowest, 261.96 billion current LCU, in 2001.
United Arab Emirates ranks 95th of 188 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Final consumption expenditure in United Arab Emirates, year by year
| Year | current LCU | Change |
|---|---|---|
| 2001 | 261.96 billion current LCU | — |
| 2002 | 288.44 billion current LCU | +10.1% |
| 2003 | 312.01 billion current LCU | +8.2% |
| 2004 | 377.35 billion current LCU | +20.9% |
| 2005 | 425.95 billion current LCU | +12.9% |
| 2006 | 513.45 billion current LCU | +20.5% |
| 2007 | 633.02 billion current LCU | +23.3% |
| 2008 | 760.95 billion current LCU | +20.2% |
| 2009 | 582.17 billion current LCU | -23.5% |
| 2010 | 556.30 billion current LCU | -4.4% |
| 2011 | 622.68 billion current LCU | +11.9% |
| 2012 | 576.02 billion current LCU | -7.5% |
| 2013 | 638.59 billion current LCU | +10.9% |
| 2014 | 706.89 billion current LCU | +10.7% |
| 2015 | 727.43 billion current LCU | +2.9% |
| 2016 | 732.49 billion current LCU | +0.7% |
| 2017 | 773.46 billion current LCU | +5.6% |
| 2018 | 790.10 billion current LCU | +2.2% |
| 2019 | 802.53 billion current LCU | +1.6% |
| 2020 | 789.21 billion current LCU | -1.7% |
| 2021 | 845.86 billion current LCU | +7.2% |
| 2022 | 1.01 trillion current LCU | +19.6% |
| 2023 | 1.10 trillion current LCU | +8.3% |
United Arab Emirates compared with similar countries
- United Arab Emirates's 1.10 trillion current LCU is above the median for high income countries, which is 326.40 billion current LCU, 3.4× the median. (67 countries reporting)
- United Arab Emirates's 1.10 trillion current LCU is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 1.32 trillion current LCU, 83% of the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 461.70 billion current LCU | 261.96 billion current LCU | 760.95 billion current LCU | 9 |
| 2010s | 692.65 billion current LCU | 556.30 billion current LCU | 802.53 billion current LCU | 10 |
| 2020s | 935.70 billion current LCU | 789.21 billion current LCU | 1.10 trillion current LCU | 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)
- 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 in United Arab Emirates?
- Final consumption expenditure in United Arab Emirates was 1.10 trillion current LCU 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 1.10 trillion current LCU in 2023.
- What is the lowest final consumption expenditure recorded in United Arab Emirates?
- The lowest recorded value was 261.96 billion current LCU in 2001.
- How does United Arab Emirates rank for final consumption expenditure?
- United Arab Emirates ranks 95th out of 188 countries with data for 2023.
- Is final consumption expenditure rising or falling in United Arab Emirates?
- Over the last ten years it is up 71.6%. 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 (current LCU). 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.