Final consumption expenditure (current US$), annual growth rate in United Arab Emirates
United Arab Emirates: Final consumption expenditure (current US$), annual growth rate was 8.27 % change on previous year in 2023. ◆ Volatile
Final consumption expenditure (current US$), annual growth rate in United Arab Emirates, 2002–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, final consumption expenditure (current us$), annual growth rate in United Arab Emirates stood at 8.27 % change on previous year.
Compared with earlier readings it is down 57.9% on the previous year and down 23.8% over ten years.
Over the whole period, final consumption expenditure (current us$), annual growth rate in United Arab Emirates peaked at 23.29 % change on previous year in 2007 and was at its lowest, -23.49 % change on previous year, in 2009.
That places United Arab Emirates 103rd out of 187 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (current US$), 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 | 0.6962 % change on previous year | -76.0% |
| 2017 | 5.59 % change on previous year | +703.4% |
| 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 | -205.6% |
| 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% |
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
- 100 Viet Nam 8.38 % change on previous year compare
- 101 United Kingdom of Great Britain and Northern Ireland 8.3 % change on previous year compare
- 102 Maldives 8.28 % change on previous year compare
- 104 Switzerland 8.19 % change on previous year compare
- 105 Seychelles 8.16 % change on previous year compare
- 106 Samoa 8.08 % change on previous year 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)
- Households and NPISHs Final consumption expenditure (current LCU) 10.63 % change on previous year (2023)
- Households and NPISHs Final consumption expenditure (current LCU) 1.65 current LCU per US$ of GDP (2023)
- Households and NPISHs Final consumption expenditure (current LCU) 82,149 current LCU per person (2023)
- Households and NPISHs Final consumption expenditure (constant 2015) 14.11 % change on previous year (2023)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.4595 constant 2015 US$ per US$ of GDP (2023)
- Households and NPISHs Final consumption expenditure (constant 2015) 22,906 constant 2015 US$ per person (2023)
- Final consumption expenditure (current US$), per unit of GDP 0.5709 current US$ per US$ of GDP (2023)
- Final consumption expenditure (current US$), per capita 28,459 current US$ per person (2023)
Frequently asked questions
- What is final consumption expenditure (current us$), annual growth rate in United Arab Emirates?
- Final consumption expenditure (current us$), 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 us$), annual growth rate recorded in United Arab Emirates?
- The highest recorded value was 23.29 % change on previous year in 2007.
- What is the lowest final consumption expenditure (current us$), 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 us$), annual growth rate?
- United Arab Emirates ranks 103rd out of 187 countries with data for 2023.
- Is final consumption expenditure (current us$), 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 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Final consumption expenditure (current US$). 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 Offices (NSOs)
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 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.