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Consumer Spending In UAE – Statistics and Trends

November 5, 2018

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.

Consumer Spending in UAE - Statistics and Trends

Infographic by GO Gulf Web Design Dubai

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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.

CityEstimated number of households earning more than $250K
Abu Dhabi270,686
Dubai245,272
Riyadh198,789
Jeddah130,849

 

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
Housing41.3%
Food and Beverages13.9%
Transport9.3%
Communication7.8%
Apparel and Footwear7.4%
Hotels and Catering4.9%
Miscellaneous Goods and Services4.5%
Others10.9%

 

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