United Arab Emirates: Final consumption expenditure (current US$)

Key figures

What the numbers say

In 2023, United Arab Emirates' final consumption expenditure (current US$) rose 8.3% on 2022 (from US$275.56 billion to US$298.36 billion).

Across the 21 yearly changes before that (2002 to 2022), the average change was +7.3% and a typical year strayed about 11.3% from that (the standard deviation). This year's change was 0.1 standard deviations above 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 23.3% in 2007 and the biggest yearly fall was 23.5% 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 the straight-line trend is upward, about US$10.1 billion a year. A straight line explains 78% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

A straight-line projection, tested first

Extending that straight line gives about US$301.01 billion for 2026. We show this only because the same method, fitted on earlier years, predicted 2021 to 2023 better than "no change" would have: its average miss was US$29.92 billion, against US$53.19 billion for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.

See how a linear trend forecast works and the guide on forecasting without fooling yourself.

How it compares

See how every economy compares in the full ranking.

Closest to United Arab Emirates in the 2023 ranking

• Togo — 2nd of 3: US$8.59 billion
• Greenland — 3rd of 3: US$2.47 billion

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 is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 23 values

Final consumption expenditure (current US$) in nearby economies

• Afghanistan — US$24.06 billion (2024)
• Algeria — US$172.34 billion (2025)
• Bahrain — US$25.46 billion (2024)
• Djibouti — US$3.87 billion (2025)
• Egypt, Arab Rep. — US$360.88 billion (2025)
• Iran, Islamic Rep. — US$242.86 billion (2025)
• Iraq — US$191.81 billion (2024)
• Israel — US$449.08 billion (2025)
• Kuwait — US$108.41 billion (2024)
• Lebanon — US$34.84 billion (2024)

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

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is United Arab Emirates's final consumption expenditure (current US$)?

US$298.36 billion in 2023, according to the World Bank (World Development Indicators).

How has it changed since 2001?

It is up 318.28% from US$71.33 billion in 2001 (6.72% a year on average, compounded). The highest value was US$298.36 billion in 2023 and the lowest US$71.33 billion in 2001.

Source

World Bank, World Development Indicators, indicator NE.CON.TOTL.CD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Offices (NSOs); National Accounts data files, Central Banks; 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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