Gross national expenditure in United Arab Emirates
United Arab Emirates: Gross national expenditure was 1.57 trillion constant LCU in 2023. ▲ Rising
Gross national expenditure in United Arab Emirates, 2001–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2023, gross national expenditure in United Arab Emirates stood at 1.57 trillion constant LCU. That is the highest value across all 23 years on record.
Compared with earlier readings it is up 9.2% on the previous year and up 72.8% over ten years.
Over the whole period, gross national expenditure in United Arab Emirates peaked at 1.57 trillion constant LCU in 2023 and was at its lowest, 683.16 billion constant LCU, in 2001.
United Arab Emirates ranks 75th of 168 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.
Gross national expenditure in United Arab Emirates, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2001 | 683.16 billion constant LCU | — |
| 2002 | 723.53 billion constant LCU | +5.9% |
| 2003 | 747.12 billion constant LCU | +3.3% |
| 2004 | 807.48 billion constant LCU | +8.1% |
| 2005 | 845.41 billion constant LCU | +4.7% |
| 2006 | 957.45 billion constant LCU | +13.3% |
| 2007 | 1.12 trillion constant LCU | +17.2% |
| 2008 | 1.22 trillion constant LCU | +8.8% |
| 2009 | 1.04 trillion constant LCU | -14.5% |
| 2010 | 883.13 billion constant LCU | -15.4% |
| 2011 | 935.72 billion constant LCU | +6.0% |
| 2012 | 864.80 billion constant LCU | -7.6% |
| 2013 | 910.13 billion constant LCU | +5.2% |
| 2014 | 998.71 billion constant LCU | +9.7% |
| 2015 | 996.01 billion constant LCU | -0.3% |
| 2016 | 1.02 trillion constant LCU | +2.0% |
| 2017 | 1.06 trillion constant LCU | +4.7% |
| 2018 | 1.07 trillion constant LCU | +0.5% |
| 2019 | 1.13 trillion constant LCU | +5.9% |
| 2020 | 1.06 trillion constant LCU | -6.7% |
| 2021 | 1.15 trillion constant LCU | +8.7% |
| 2022 | 1.44 trillion constant LCU | +25.5% |
| 2023 | 1.57 trillion constant LCU | +9.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 905.66 billion constant LCU | 683.16 billion constant LCU | 1.22 trillion constant LCU | 9 |
| 2010s | 986.94 billion constant LCU | 864.80 billion constant LCU | 1.13 trillion constant LCU | 10 |
| 2020s | 1.30 trillion constant LCU | 1.06 trillion constant LCU | 1.57 trillion constant 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)
- Services, value added (constant LCU), per capita 85,997 constant LCU per person (2024)
- GDP deflator (base year varies by country), annual growth rate 1.63 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), annual growth 5.68 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 1 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 50,274 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 5.68 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 3.67 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 184,629 current LCU per person (2024)
Frequently asked questions
- What is gross national expenditure in United Arab Emirates?
- Gross national expenditure in United Arab Emirates was 1.57 trillion constant LCU in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in United Arab Emirates?
- The highest recorded value was 1.57 trillion constant LCU in 2023.
- What is the lowest gross national expenditure recorded in United Arab Emirates?
- The lowest recorded value was 683.16 billion constant LCU in 2001.
- How does United Arab Emirates rank for gross national expenditure?
- United Arab Emirates ranks 75th out of 168 countries with data for 2023.
- Is gross national expenditure rising or falling in United Arab Emirates?
- Over the last ten years it is up 72.8%. 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 Gross national expenditure (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.