United Arab Emirates's final consumption expenditure (annual % growth) was 11.68% in 2023, the latest year in the World Bank's World Development Indicators. That is up 1.65 percentage points from 10.03% in 2013.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 11.68% | 2023 |
| Five years earlier | 1.06% | 2018 |
| Ten years earlier | 10.03% | 2013 |
| Highest | 14.34% | 2022 |
| Lowest | -23.37% | 2010 |
| Average since 2014 | 5.82% | 2014–2023 |
| First recorded | 5.99% | 2002 |
What the numbers say
In 2023, United Arab Emirates' final consumption expenditure (annual % growth) fell 2.66 percentage points on 2022 (from 14.34% to 11.68%).
Across the 20 yearly changes before that (2003 to 2022), the average change was +0.42 percentage points and a typical year strayed about 14 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 34.61 percentage points in 2011 and the biggest yearly fall was 33.79 percentage points in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 there is no clear straight-line trend: a straight line explains 12% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| United Arab Emirates | 11.68% | 2023 |
| World | 2.91% | 2024 |
| High income | 2.27% | 2024 |
Closest to United Arab Emirates in the 2023 ranking
What this measures
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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 22 values
| Year | Final consumption expenditure (annual % growth) |
|---|---|
| 2023 | 11.68 |
| 2022 | 14.34 |
| 2021 | 4.76 |
| 2020 | -1.51 |
| 2019 | 6.75 |
| 2018 | 1.06 |
| 2017 | 6.6 |
| 2016 | 2.85 |
| 2015 | 1.67 |
| 2014 | 10 |
| 2013 |
Final consumption expenditure (annual % growth) in nearby economies
- Algeria — 3.84% (2025)
- Bahrain — 1.89% (2024)
- Djibouti — 3.56% (2025)
- Egypt, Arab Rep. — 8.39% (2025)
- Iran, Islamic Rep. — -0.47% (2025)
- Iraq — 15.34% (2024)
- Israel — 2.27% (2025)
- Kuwait — 2.43% (2024)
- Lebanon — -3.96% (2024)
- Libya — 11.48% (2025)
More economic policy & debt data for United Arab Emirates
- Foreign direct investment, net inflows (BoP, current US$) — US$48.24 billion (2025)
- Foreign direct investment, net inflows (% of GDP) — 8.26% (2024)
- GDP (current US$) — US$552.33 billion (2024)
- GDP (current LCU) — 2.03 trillion (2024)
- GDP (constant 2015 US$) — US$457.09 billion (2024)
- GDP (constant LCU) — 1.78 trillion (2024)
- GDP per capita (current US$) — US$50,274 (2024)
- GDP per capita (current LCU) — 184,629 (2024)
- GDP per capita (constant 2015 US$) — US$41,605 (2024)
- GDP per capita (constant LCU)
Reading data like this
Questions people ask
- What is United Arab Emirates's final consumption expenditure (annual % growth)?
- 11.68% in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 2002?
- It is up 5.69 percentage points from 5.99% in 2002. The highest value was 14.34% in 2022 and the lowest -23.37% in 2010.
- Is the latest change in final consumption expenditure (annual % growth) unusual for United Arab Emirates?
- In 2023, United Arab Emirates' final consumption expenditure (annual % growth) fell 2.66 percentage points on 2022 (from 14.34% to 11.68%). Across the 20 yearly changes before that (2003 to 2022), the average change was +0.42 percentage points and a typical year strayed about 14 percentage points from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator NE.CON.TOTL.KD.ZG, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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