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Graph and download economic data for Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for United Arab Emirates (PC2GDPAEA620NUPN) from 1986 to 2010 about United Arab Emirates, PPP, per capita, and GDP.
In 2020, the consumer price index (CPI) in the United Arab Emirates (UAE) was the highest for beverages and tobacco, amounting to nearly 205. Since 2016, the consumer price index for beverages and tobacco has significantly increased from 102 to 205.
Consumer price index and inflation
The consumer price index is an economic indicator that measures the average changes in the price of consumer goods and services over time. The consumer price index helps in identifying periods of inflation and deflation. In 2020, the inflation rate in the Gulf Cooperation Council varied among member states; the United Arab Emirates had a negative inflation rate of 2.1 percent.
Inflation in the United Arab Emirates
The negative inflation rate in the UAE resulted from consumers' high purchase power due to the low unemployment rate and the government's effectiveness in trade and policy. In 2021, the United Arab Emirates had one of the lowest inflation rates in the world.
In 2020, the average consumer price index (CPI) in the United Arab Emirates (UAE) was 106.73, implying a 6.7 percent increase in the price level compared to the base year of 2014. This was a slight year-on-year decrease, as the country’s 2019 CPI amounted to 109 index points.
Consumer price index (CPI) The consumer price index measures the changes in prices for a representative basket of goods and services, divided into several major categories, including food and beverages, housing, medical care, and education. In 2020, the CPI of beverages and tobacco in the UAE was estimated at 204.91 points, the highest among all categories of consumer spending that year. Meanwhile, the CPI for housing was around 100.63 index points that year.
Inflation rate The CPI is a frequently used indicator for inflation, as a positive change in the general price level suggests rising costs of living and declining purchasing power. In 2022, the nation’s inflation rate was projected to increase by nearly four percent compared to the previous year. Recent surges in the global inflation rate are likely attributable to accelerating oil prices, induced by the 2022 energy crisis.
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United Arab Emirates AE: GNI: PPP: GNI per Capita data was reported at 74,410.000 Intl $ in 2017. This records an increase from the previous number of 71,750.000 Intl $ for 2016. United Arab Emirates AE: GNI: PPP: GNI per Capita data is updated yearly, averaging 71,750.000 Intl $ from Dec 2001 (Median) to 2017, with 17 observations. The data reached an all-time high of 85,010.000 Intl $ in 2004 and a record low of 56,070.000 Intl $ in 2010. United Arab Emirates AE: GNI: PPP: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United Arab Emirates – Table AE.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars based on the 2011 ICP round.; ; World Bank, International Comparison Program database.; Weighted average;
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United Arab Emirates AE: GNI per Capita: PPP: 2017 Price data was reported at 67,353.445 Intl $ in 2020. This records a decrease from the previous number of 72,131.142 Intl $ for 2019. United Arab Emirates AE: GNI per Capita: PPP: 2017 Price data is updated yearly, averaging 71,741.050 Intl $ from Dec 2001 (Median) to 2020, with 20 observations. The data reached an all-time high of 102,362.436 Intl $ in 2004 and a record low of 56,621.341 Intl $ in 2010. United Arab Emirates AE: GNI per Capita: PPP: 2017 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United Arab Emirates – Table AE.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2017 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Weighted average;
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United Arab Emirates GDP per Capita: PPP: 2021 Price data was reported at 75,627.055 Intl $ in 2023. This records an increase from the previous number of 73,724.307 Intl $ for 2022. United Arab Emirates GDP per Capita: PPP: 2021 Price data is updated yearly, averaging 86,715.041 Intl $ from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 107,947.231 Intl $ in 1990 and a record low of 55,724.728 Intl $ in 2010. United Arab Emirates GDP per Capita: PPP: 2021 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United Arab Emirates – Table AE.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GDP per capita based on purchasing power parity (PPP). PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP at purchaser's prices is the sum of gross value added by all resident producers in the country plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2021 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Weighted average;
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United Arab Emirates GNI per Capita: PPP: 2021 Price data was reported at 69,134.166 Intl $ in 2023. This records an increase from the previous number of 68,868.334 Intl $ for 2022. United Arab Emirates GNI per Capita: PPP: 2021 Price data is updated yearly, averaging 70,080.728 Intl $ from Dec 2001 (Median) to 2023, with 23 observations. The data reached an all-time high of 94,160.181 Intl $ in 2006 and a record low of 65,472.203 Intl $ in 2020. United Arab Emirates GNI per Capita: PPP: 2021 Price data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United Arab Emirates – Table AE.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2021 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Weighted average;
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Graph and download economic data for Purchasing Power Parity Converted GDP Per Capita, average GEKS-CPDW, at current prices for United Arab Emirates (PC2GDPAEA620NUPN) from 1986 to 2010 about United Arab Emirates, PPP, per capita, and GDP.