...

Consumer Spending In UAE – Statistics and Trends

Created: Nov 05, 2018

Updated: May 11, 2024

Did you know that consumer spending in the UAE is estimated to exceed $261 billion in 2021 as compared to $183 billion in 2016 and consumer expenditure per household is highest in the UAE when compared to other GCC countries, amounting to around $103,000, followed by Bahrain ($96,000). Check out our infographic "Consumer Spending in UAE" for latest consumer spending statistics and trends.

To Publish this Image on your Blog or Website . Copy this code

Consumer spending in UAE accounted on average for about 45% of the UAE’s GDP, compared to a 39% average for the GCC region

Abu Dhabi and Dubai are home to the highest number of households in the Middle East who earn more than $250,000 (Dh917,500) per annum.

City Estimated number of households earning more than $250K
Abu Dhabi 270,686
Dubai 245,272
Riyadh 198,789
Jeddah 130,849

United Arab Emirates (UAE) reported a significant improvement in consumer confidence with an index of 118 the highest in the region and ranked fifth globally

65% of UAE respondents believe their personal finances would be good or excellent in the next 12 months

More than half (55%) of the respondents were confident about immediate-spending intentions

Consumer Spending by Category

Category %age of Consumer Spending
Housing 41.3%
Food and Beverages 13.9%
Transport 9.3%
Communication 7.8%
Apparel and Footwear 7.4%
Hotels and Catering 4.9%
Miscellaneous Goods and Services 4.5%
Others 10.9%

 

Blog Partners

© 2005 - 2024 GO-Globe ™ | CUSTOM DEVELOPMENT. All rights reserved.
This site is protected by reCAPTCHA and the Google
Int'l. Web Design
Int'l. Logo Design
Int'l. SEO
Int'l. Ecommerce