Updated: Jun 19, 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
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% |