🇦🇪 United Arab Emirates Final consumption expenditure

United Arab Emirates Final consumption expenditure was $308.67B in 2023, up 11.7% from 2022, according to World Bank data. The 10-year average is $232.50B. Historical data available from 2001 to 2023 (23 data points). The all-time high was $308.67B in 2023.

Source: World Bank World Development Indicators • 2001202323 data pointsEconomy & Growth

Latest Value
$308.67B
2023
Year-on-Year
+11.7%
vs 2022
10-Year Average
$232.50B
20142023
Range
High: $308.67B (2023)
Low: $157.60B (2001)

United Arab Emirates Final consumption expenditure (constant 2015 US$)2001 to 2023

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About this Indicator

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 is 2015. This indicator is expressed in United States dollars.

Historical Data Table

YearValue
2023$308.67B
2022$276.39B
2021$241.72B
2020$230.73B
2019$234.27B
2018$219.46B
2017$217.15B
2016$203.71B
2015$198.07B
2014$194.82B

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