Final consumption expenditure in United Arab Emirates

United Arab Emirates: Final consumption expenditure was 1.10 trillion current LCU in 2023. ▲ Rising

Latest (2023)
1.10 trillion current LCU
Change on year
up 8.3%
World rank
95th
of 187 countries
All-time high
1.10 trillion current LCU
in 2023
All-time low
261.96 billion current LCU
in 2001
Years of data
23
2001–2023

Final consumption expenditure in United Arab Emirates, 2001–2023

200.0B400.0B600.0B800.0B1.0T2001201220232001: 262.0B current LCU2002: 288.4B current LCU2003: 312.0B current LCU2004: 377.4B current LCU2005: 426.0B current LCU2006: 513.5B current LCU2007: 633.0B current LCU2008: 761.0B current LCU2009: 582.2B current LCU2010: 556.3B current LCU2011: 622.7B current LCU2012: 576.0B current LCU2013: 638.6B current LCU2014: 706.9B current LCU2015: 727.4B current LCU2016: 732.5B current LCU2017: 773.5B current LCU2018: 790.1B current LCU2019: 802.5B current LCU2020: 789.2B current LCU2021: 845.9B current LCU2022: 1.0T current LCU2023: 1.1T current LCU

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 187 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 92 Guinea-Bissau 1.28 trillion current LCU compare
  2. 93 Spain 1.26 trillion current LCU compare
  3. 94 Cuba 1.26 trillion current LCU compare
  4. 96 Ghana 1.04 trillion current LCU compare
  5. 97 Honduras 1.00 trillion current LCU compare
  6. 98 Guatemala 934.11 billion current LCU compare

See the full ranking of 187 places →

More economy & growth data for United Arab Emirates

All data for United Arab Emirates →

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 187 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

Indicator
Final consumption expenditure (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,766 data points, 1960–2025
Last refreshed

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.