Goods and services expense in United Arab Emirates
United Arab Emirates: Goods and services expense was 19.33 billion current LCU in 2024. ▲ Rising
Goods and services expense in United Arab Emirates, 1997–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for goods and services expense in United Arab Emirates is 19.33 billion current LCU, measured in 2024.
That represents a change of down 7.7% on the previous year and up 14.0% over ten years.
Over the whole period, goods and services expense in United Arab Emirates peaked at 26.21 billion current LCU in 2019 and was at its lowest, 8.79 billion current LCU, in 1997.
United Arab Emirates ranks 85th of 155 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.81 billion current LCU | 8.79 billion current LCU | 8.85 billion current LCU | 3 |
| 2010s | 20.09 billion current LCU | 16.40 billion current LCU | 26.21 billion current LCU | 9 |
| 2020s | 21.96 billion current LCU | 19.33 billion current LCU | 25.27 billion current LCU | 5 |
Countries ranked near United Arab Emirates
More public sector data for United Arab Emirates
- Arms imports 932.00 million SIPRI trend indicator values (2024)
- Tax revenue 0.6% (2024)
- Taxes on goods and services 17.3% (2024)
- Net investment in nonfinancial assets 0.1% (2024)
- Net lending (+) / net borrowing (-) 0.4% (2024)
- Interest payments 3.0% (2024)
- Grants and other revenue 73.7% (2024)
- Interest payments 2.3% (2023)
- Compensation of employees 32.2% (2023)
- Goods and services expense 28.9% (2023)
Frequently asked questions
- What is goods and services expense in United Arab Emirates?
- Goods and services expense in United Arab Emirates was 19.33 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in United Arab Emirates?
- The highest recorded value was 26.21 billion current LCU in 2019.
- What is the lowest goods and services expense recorded in United Arab Emirates?
- The lowest recorded value was 8.79 billion current LCU in 1997.
- How does United Arab Emirates rank for goods and services expense?
- United Arab Emirates ranks 85th out of 155 countries with data for 2024.
- Is goods and services expense rising or falling in United Arab Emirates?
- Over the last ten years it is up 14.0%. The long-run trend across the full record is rising.
- Where does this United Arab Emirates data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.