Households and NPISHs Final consumption expenditure, PPP in United Arab Emirates
United Arab Emirates: Households and NPISHs Final consumption expenditure, PPP was 331.81 billion current international $ in 2023. ▲ Rising
Households and NPISHs Final consumption expenditure, PPP in United Arab Emirates, 2007–2023
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
United Arab Emirates recorded 331.81 billion current international $ for households and npishs final consumption expenditure, ppp in 2023. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 13.3% on the previous year and up 69.0% over ten years.
Over the whole period, households and npishs final consumption expenditure, ppp in United Arab Emirates peaked at 331.81 billion current international $ in 2023 and was at its lowest, 183.43 billion current international $, in 2010.
That places United Arab Emirates 45th out of 182 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Households and NPISHs Final consumption expenditure, PPP in United Arab Emirates, year by year
| Year | current international $ | Change |
|---|---|---|
| 2007 | 254.00 billion current international $ | — |
| 2008 | 279.20 billion current international $ | +9.9% |
| 2009 | 197.17 billion current international $ | -29.4% |
| 2010 | 183.43 billion current international $ | -7.0% |
| 2011 | 206.33 billion current international $ | +12.5% |
| 2012 | 185.48 billion current international $ | -10.1% |
| 2013 | 196.36 billion current international $ | +5.9% |
| 2014 | 201.66 billion current international $ | +2.7% |
| 2015 | 201.33 billion current international $ | -0.2% |
| 2016 | 201.59 billion current international $ | +0.1% |
| 2017 | 210.16 billion current international $ | +4.3% |
| 2018 | 228.27 billion current international $ | +8.6% |
| 2019 | 245.97 billion current international $ | +7.7% |
| 2020 | 232.99 billion current international $ | -5.3% |
| 2021 | 228.44 billion current international $ | -2.0% |
| 2022 | 292.76 billion current international $ | +28.2% |
| 2023 | 331.81 billion current international $ | +13.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 243.45 billion current international $ | 197.17 billion current international $ | 279.20 billion current international $ | 3 |
| 2010s | 206.06 billion current international $ | 183.43 billion current international $ | 245.97 billion current international $ | 10 |
| 2020s | 271.50 billion current international $ | 228.44 billion current international $ | 331.81 billion current international $ | 4 |
Countries ranked near United Arab Emirates
- 42 Austria 354.33 billion current international $ compare
- 43 Sweden 339.84 billion current international $ compare
- 44 Uzbekistan 332.03 billion current international $ compare
- 46 Portugal 325.59 billion current international $ compare
- 47 Iraq 301.80 billion current international $ compare
- 48 Kenya 300.65 billion current international $ 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)
- Exports of goods and services (current LCU), annual growth rate 6.99 % change on previous year (2023)
- Exports of goods and services (current LCU), per unit of GDP 3.92 current LCU per US$ of GDP (2023)
- Exports of goods and services (current LCU), per capita 195,609 current LCU per person (2023)
- Exports of goods and services (constant 2015 US$), annual growth rate 6.88 % change on previous year (2023)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.9235 constant 2015 US$ per US$ of GDP (2023)
- Exports of goods and services (constant 2015 US$), per capita 46,039 constant 2015 US$ per person (2023)
- Gross fixed capital formation (current US$), annual growth rate 3.86 % change on previous year (2009)
- Gross fixed capital formation (current US$), per unit of GDP 0.2891 current US$ per US$ of GDP (2009)
Frequently asked questions
- What is households and npishs final consumption expenditure, ppp in United Arab Emirates?
- Households and npishs final consumption expenditure, ppp in United Arab Emirates was 331.81 billion current international $ in 2023, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest households and npishs final consumption expenditure, ppp recorded in United Arab Emirates?
- The highest recorded value was 331.81 billion current international $ in 2023.
- What is the lowest households and npishs final consumption expenditure, ppp recorded in United Arab Emirates?
- The lowest recorded value was 183.43 billion current international $ in 2010.
- How does United Arab Emirates rank for households and npishs final consumption expenditure, ppp?
- United Arab Emirates ranks 45th out of 182 countries with data for 2023.
- Is households and npishs final consumption expenditure, ppp rising or falling in United Arab Emirates?
- Over the last ten years it is up 69.0%. The long-run trend across the full record is rising.
- Where does this United Arab Emirates data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of Households and NPISHs Final consumption expenditure, PPP (current international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for final consumption expenditure expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.