Goods and services expense in United Arab Emirates

United Arab Emirates: Goods and services expense was 19.33 billion current LCU in 2024. ▲ Rising

Latest (2024)
19.33 billion current LCU
Change on year
down 7.7%
World rank
85th
of 155 countries
All-time high
26.21 billion current LCU
in 2019
All-time low
8.79 billion current LCU
in 1997
Years of data
17
1997–2024

Goods and services expense in United Arab Emirates, 1997–2024

10.0B15.0B20.0B25.0B1997201020241997: 8.8B current LCU1998: 8.9B current LCU1999: 8.8B current LCU2011: 16.4B current LCU2012: 17.0B current LCU2013: 16.8B current LCU2014: 17.0B current LCU2015: 20.7B current LCU2016: 23.0B current LCU2017: 21.1B current LCU2018: 22.5B current LCU2019: 26.2B current LCU2020: 25.3B current LCU2021: 20.2B current LCU2022: 24.1B current LCU2023: 20.9B current LCU2024: 19.3B current LCU

Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.

Analysis

The most recent figure for goods and services expense in United Arab Emirates is 19.33 billion current LCU, measured in 2024.

That represents a change of down 7.7% on the previous year and up 14.0% over ten years.

Over the whole period, goods and services expense in United Arab Emirates peaked at 26.21 billion current LCU in 2019 and was at its lowest, 8.79 billion current LCU, in 1997.

United Arab Emirates ranks 85th of 155 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 17 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 8.81 billion current LCU 8.79 billion current LCU 8.85 billion current LCU 3
2010s 20.09 billion current LCU 16.40 billion current LCU 26.21 billion current LCU 9
2020s 21.96 billion current LCU 19.33 billion current LCU 25.27 billion current LCU 5

Countries ranked near United Arab Emirates

  1. 82 Zambia 23.67 billion current LCU compare
  2. 83 Honduras 22.49 billion current LCU compare
  3. 84 New Zealand 21.84 billion current LCU compare
  4. 86 North Macedonia 19.04 billion current LCU compare
  5. 87 Mauritius 18.83 billion current LCU compare
  6. 88 Botswana 17.92 billion current LCU compare

See the full ranking of 155 places →

More public sector data for United Arab Emirates

All data for United Arab Emirates →

Frequently asked questions

What is goods and services expense in United Arab Emirates?
Goods and services expense in United Arab Emirates was 19.33 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest goods and services expense recorded in United Arab Emirates?
The highest recorded value was 26.21 billion current LCU in 2019.
What is the lowest goods and services expense recorded in United Arab Emirates?
The lowest recorded value was 8.79 billion current LCU in 1997.
How does United Arab Emirates rank for goods and services expense?
United Arab Emirates ranks 85th out of 155 countries with data for 2024.
Is goods and services expense rising or falling in United Arab Emirates?
Over the last ten years it is up 14.0%. The long-run trend across the full record is rising.
Where does this United Arab Emirates data come from?
The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Goods and services expense (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
155 places, 4,479 data points, 1972–2024
Last refreshed

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.