UAE inflation rate for 2023 was 1.63%, a 3.66% decline from 2022.

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<li>UAE inflation rate for 2022 was <strong>5.29%</strong>, a <strong>5.11% increase</strong> from 2021.</li>
<li>UAE inflation rate for 2021 was <strong>0.18%</strong>, a <strong>2.26% increase</strong> from 2020.</li>
<li>UAE inflation rate for 2020 was <strong>-2.08%</strong>, a <strong>0.15% decline</strong> from 2019.</li>
</ul>Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

Inflation Rate in the United Arab Emirates increased to 2.37 percent in May from 2.31 percent in April of 2025. This dataset provides the latest reported value for - United Arab Emirates Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2019, the inflation rate of the United Arab Emirates was at 1.93 percent compared to the previous year. For 2018, estimates show a sharp increase of over 3.07 percent, before inflation slumps back to around 2 percent in 2029.

Oil is keeping everything afloat

The economy of the United Arab Emirates heavily relies on oil and its respective revenues. The UAE possess vast stable oil reserves, and crude oil production is steadily increasing. Naturally, oil exports – mostly to the Asia-Pacific region – are the main economic driver, and the industrial and services sectors have divided generation of GDP almost evenly among themselves. Oil has caused the UAE economy to thrive and caused an impressive trade surplus just a few years ago, before a dramatic (but still not overly concerning) slump.

Oil is dragging everything down

When oil prices decreased, so did the trade surplus, and inflation mirrored this by skyrocketing from around one percent to over four percent in three years. Another three years later, in 2018, it spiked again at over 3.5 percent – another response to dropping oil prices. Diversifying the economy is one way for the UAE to diminish oil’s monopoly; tourism has been a growing industry over the last few years and might just stabilize inflation if another oil price slump hits.

After recording negative consumer price inflation in 2019 and 2020, the UAE saw a marginal increase in consume price inflation in 2021. However, this figure is expected to significantly increase in the following two years. By 2023, the consumer price inflation is expected to rise by 3.6 percent, roughly matching the average between 2000 and 2018. UAE consumer price inflation vs consumer price index Consumer price inflation, as opposed to the consumer price index, is the overall increase in the price of goods and services in a particular economy. The consumer price index can measure the inflation rate of specific goods or services. For example, the consumer price index amongst various categories in 2020 revealed that tobacco and beverages saw the most significant price increases. Consumer price inflation in the UAE Although the UAE average consumer price inflation between 2000 and 2018 was significantly higher than the GCC average, it performed remarkably better than other member states in the subsequent three years. Nevertheless, most countries in the GCC, like the UAE, often fare better when it comes to inflation rate change in the Middle East and North Africa.

The Consumer Price Index in the United Arab Emirates decreased 0.18 percent in May of 2025 over the previous month. This dataset provides the latest reported value for - United Arab Emirates Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The United Arab Emirates: Inflation forecast: The latest value from 2030 is 2 percent, unchanged from 2 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for the United Arab Emirates from 1991 to 2030 is 3.01 percent. The minimum value, -2.08 percent, was reached in 2020 while the maximum of 12.03 percent was recorded in 2006.

Cost of food in the United Arab Emirates increased 0.33 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - United Arab Emirates Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2023, food and beverage inflation the United Arab Emirates increased by 3.8 percent over the previous year. The previous year had the largest increase in food and beverage inflation in the period between 2019 and 2023, at 7.2 percent.

United Arab Emirates AE: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data was reported at 6.310 % in 2017. This records an increase from the previous number of -3.197 % for 2016. United Arab Emirates AE: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data is updated yearly, averaging 3.553 % from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 18.533 % in 2008 and a record low of -15.445 % in 2015. United Arab Emirates AE: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series 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: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.; ; World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.; ;

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.

Inflation, consumer prices (annual %) in United Arab Emirates was reported at 1.6267 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. United Arab Emirates - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

United Arab Emirates AE: Consumer Price Index (CPI): % Change data was reported at 1.969 % in 2017. This records an increase from the previous number of 1.616 % for 2016. United Arab Emirates AE: Consumer Price Index (CPI): % Change data is updated yearly, averaging 1.588 % from Dec 2008 (Median) to 2017, with 10 observations. The data reached an all-time high of 12.250 % in 2008 and a record low of 0.662 % in 2012. United Arab Emirates AE: Consumer Price Index (CPI): % Change 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: Inflation. Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.; ; International Monetary Fund, International Financial Statistics and data files.; Median;

In 2023, the consumer price index in the United Arab Emirates dropped to 3.3 percent. This was a drop from the previous year when the CPI was 4.8 percent, but still much higher than its all-time low of zero percent in 2021.

Consumer Price Inflation for United Arab Emirates was 2.10000 % Chg. in January of 2025, according to the United States Federal Reserve. Historically, Consumer Price Inflation for United Arab Emirates reached a record high of 2.30000 in January of 2024 and a record low of 1.62313 in January of 2023. Trading Economics provides the current actual value, an historical data chart and related indicators for Consumer Price Inflation for United Arab Emirates - last updated from the United States Federal Reserve on July of 2025.

In 2020, the consumer price index (CPI) in the United Arab Emirates (UAE) was the highest for beverages and tobacco, amounting to nearly ***. Since 2016, the consumer price index for beverages and tobacco has significantly increased from *** to ***. 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 *** 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.

CPI Housing Utilities in the United Arab Emirates increased to 120.04 points in May from 119.59 points in April of 2025. This dataset provides - United Arab Emirates Cpi Housing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The statistic shows the inflation rate in the United Arab Emirates in 2019, broken down by Emirati region. The inflation rate for the emirate of Sharjah, was about minus **** percent as of that year.

The statistic shows the consumer price index (CPI) for education in the United Arab Emirates from 2012 to 2020. The 2020 consumer price index of education in the country was 119.58 implying an 19.58 percent increase in the price level.

Inflation, GDP deflator: linked series (annual %) in United Arab Emirates was reported at --1.3042 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. United Arab Emirates - Inflation, GDP deflator: linked series (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

This bar chart displays inflation (annual %) by countries yearly using the aggregation median in the United Arab Emirates. The data is about countries per year.