Final consumption expenditure in United Arab Emirates
United Arab Emirates: Final consumption expenditure was 1.08 trillion constant LCU in 2023. ▲ Rising
Final consumption expenditure in United Arab Emirates, 2001–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
United Arab Emirates recorded 1.08 trillion constant LCU for final consumption expenditure in 2023. That is the highest value across all 23 years on record.
Compared with earlier readings it is up 11.7% on the previous year and up 74.3% over ten years.
Over the whole period, final consumption expenditure in United Arab Emirates peaked at 1.08 trillion constant LCU in 2023 and was at its lowest, 550.52 billion constant LCU, in 2001.
United Arab Emirates ranks 83rd of 176 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 698.04 billion constant LCU | 550.52 billion constant LCU | 929.35 billion constant LCU | 9 |
| 2010s | 678.35 billion constant LCU | 556.30 billion constant LCU | 818.33 billion constant LCU | 10 |
| 2020s | 923.48 billion constant LCU | 805.96 billion constant LCU | 1.08 trillion constant LCU | 4 |
Countries ranked near United Arab Emirates
- 80 Malaysia 1.28 trillion constant LCU compare
- 81 Kyrgyzstan 1.19 trillion constant LCU compare
- 82 Morocco 1.09 trillion constant LCU compare
- 84 Spain 1.05 trillion constant LCU compare
- 85 Guinea-Bissau 1.02 trillion constant LCU compare
- 86 Mozambique 1.02 trillion constant LCU compare
More economy & growth data for United Arab Emirates
- DEC alternative conversion factor 3.67 LCU per US$ (2024)
- Net secondary income (Net current transfers from abroad) -246.30 billion current LCU (2024)
- Net secondary income (Net current transfers from abroad) -67.07 billion current US$ (2024)
- Net primary income (Net income from abroad) 58.80 billion current LCU (2024)
- Net primary income (Net income from abroad) 16.01 billion current US$ (2024)
- GNI per capita 189,982 current LCU (2024)
- GNI per capita, Atlas method 51,550 current US$ (2024)
- GNI 2.09 trillion current LCU (2024)
- GNI 568.34 billion current US$ (2024)
- GNI, Atlas method 566.40 billion current US$ (2024)
Frequently asked questions
- What is final consumption expenditure in United Arab Emirates?
- Final consumption expenditure in United Arab Emirates was 1.08 trillion constant 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 1.08 trillion constant LCU in 2023.
- What is the lowest final consumption expenditure recorded in United Arab Emirates?
- The lowest recorded value was 550.52 billion constant LCU in 2001.
- How does United Arab Emirates rank for final consumption expenditure?
- United Arab Emirates ranks 83rd out of 176 countries with data for 2023.
- Is final consumption expenditure rising or falling in United Arab Emirates?
- Over the last ten years it is up 74.3%. 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 (constant LCU). Statizoid updates them automatically from the source API.
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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 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.