United Arab Emirates Private Consumption: % of GDP

Key information about United Arab Emirates Private Consumption: % of GDP

• United Arab Emirates Private Consumption accounted for 45.6 % of its Nominal GDP in Dec 2023, compared with a ratio of 42.2 % in the previous year.
• United Arab Emirates Private Consumption contribution to Nominal GDP ratio is updated yearly, available from Dec 1972 to Dec 2023, with an average share of 31.0 %.
• The data reached an all-time high of 61.4 % in Dec 2002 and a record low of 7.1 % in Dec 1974.

CEIC calculates annual Private Consumption as % of Nominal GDP from annual Private Consumption Expenditure and annual Nominal GDP. Federal Competitiveness and Statistics Centre provides Private Consumption Expenditure in local currency and Nominal GDP in local currency, based on SNA 2008. Private Consumption as % of Nominal GDP prior to 2010 is based on SNA 1993.


Related information about United Arab Emirates Private Consumption: % of GDP

• In the latest reports, United Arab Emirates GDP expanded 4.6 % YoY in Jun 2024.
• Its Nominal GDP reached 117.3 USD bn in Mar 2022.
• United Arab Emirates GDP Per Capita reached 38,661.2 USD in Dec 2020.
• Its Gross Savings Rate was measured at 42.0 % in Dec 2023.

View United Arab Emirates's Private Consumption: % of GDP from 1972 to 2023 in the chart:

What was United Arab Emirates's Private Consumption: % of GDP in 2023?

United Arab Emirates Private Consumption accounted for 45.6 % of its Nominal GDP in Dec 2023, compared with a ratio of 42.2 % in the previous year. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
45.6 2023	42.2 2022	7.1 1974	61.4 2002	%	yearly	1972 - 2023

Private Consumption: % of GDP by Country Comparison

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