Final consumption expenditure (current US$) in United Arab Emirates
United Arab Emirates: Final consumption expenditure (current US$) was 298.36 billion current US$ in 2023. ▲ Rising
Final consumption expenditure in United Arab Emirates, 2001–2023
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 2023, final consumption expenditure in United Arab Emirates stood at 298.36 billion current US$. That is the highest value across all 23 years on record.
The figure is 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 298.36 billion current US$ in 2023 and was at its lowest, 71.33 billion current US$, in 2001.
United Arab Emirates ranks 40th of 188 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Final consumption expenditure (current US$) in United Arab Emirates, year by year
| Year | current US$ | Change |
|---|---|---|
| 2001 | 71.33 billion current US$ | — |
| 2002 | 78.54 billion current US$ | +10.1% |
| 2003 | 84.96 billion current US$ | +8.2% |
| 2004 | 102.75 billion current US$ | +20.9% |
| 2005 | 115.98 billion current US$ | +12.9% |
| 2006 | 139.81 billion current US$ | +20.5% |
| 2007 | 172.37 billion current US$ | +23.3% |
| 2008 | 207.20 billion current US$ | +20.2% |
| 2009 | 158.52 billion current US$ | -23.5% |
| 2010 | 151.48 billion current US$ | -4.4% |
| 2011 | 169.55 billion current US$ | +11.9% |
| 2012 | 156.85 billion current US$ | -7.5% |
| 2013 | 173.88 billion current US$ | +10.9% |
| 2014 | 192.48 billion current US$ | +10.7% |
| 2015 | 198.07 billion current US$ | +2.9% |
| 2016 | 199.45 billion current US$ | +0.7% |
| 2017 | 210.61 billion current US$ | +5.6% |
| 2018 | 215.14 billion current US$ | +2.2% |
| 2019 | 218.52 billion current US$ | +1.6% |
| 2020 | 214.90 billion current US$ | -1.7% |
| 2021 | 230.32 billion current US$ | +7.2% |
| 2022 | 275.56 billion current US$ | +19.6% |
| 2023 | 298.36 billion current US$ | +8.3% |
United Arab Emirates compared with similar countries
- United Arab Emirates's 298.36 billion current US$ is above the median for high income countries, which is 123.73 billion current US$, 2.4× the median. (67 countries reporting)
- United Arab Emirates's 298.36 billion current US$ is above the median for Middle East, North Africa, Afghanistan & Pakistan, which is 61.99 billion current US$, 4.8× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 125.72 billion current US$ | 71.33 billion current US$ | 207.20 billion current US$ | 9 |
| 2010s | 188.60 billion current US$ | 151.48 billion current US$ | 218.52 billion current US$ | 10 |
| 2020s | 254.79 billion current US$ | 214.90 billion current US$ | 298.36 billion current US$ | 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 in United Arab Emirates?
- Final consumption expenditure in United Arab Emirates was 298.36 billion current US$ in 2023, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in United Arab Emirates?
- The highest recorded value was 298.36 billion current US$ in 2023.
- What is the lowest final consumption expenditure recorded in United Arab Emirates?
- The lowest recorded value was 71.33 billion current US$ in 2001.
- How does United Arab Emirates rank for final consumption expenditure?
- United Arab Emirates ranks 40th 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 Offices (NSOs), published as part of Final consumption expenditure (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 indicator is expressed in United States dollars.