United Arab Emirates - Household final consumption expenditure (constant LCU)

The value for Household final consumption expenditure (constant LCU) in United Arab Emirates was 483,057,000,000 as of 2020. As the graph below shows, over the past 19 years this indicator reached a maximum value of 859,165,000,000 in 2008 and a minimum value of 425,604,000,000 in 2015.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2001 478,698,000,000
2002 508,399,000,000
2003 518,544,000,000
2004 577,772,000,000
2005 593,188,000,000
2006 683,623,000,000
2007 767,716,000,000
2008 859,165,000,000
2009 618,492,000,000
2010 449,543,000,000
2011 499,019,000,000
2012 445,070,000,000
2013 468,253,000,000
2014 525,943,000,000
2015 425,604,000,000
2016 432,554,000,000
2017 473,119,000,000
2018 501,973,000,000
2019 551,950,000,000
2020 483,057,000,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts