United Arab Emirates: Government spending, in dollars
* indicates monthly or quarterly data series
United Arab Emirates |
Government spending, billion USD |
---|---|
Latest value | 50.50 |
Year | 2020 |
Measure | billion U.S. dollars |
Data availability | 2001 - 2020 |
Average | 31.08 |
Min - Max | 10.24 - 51.23 |
Source | The World Bank |
The latest value from 2020 is 50.5 billion U.S. dollars, a decline from 51.23 billion U.S. dollars in 2019. In comparison, the world average is 90.53 billion U.S. dollars, based on data from 164 countries. Historically, the average for the United Arab Emirates from 2001 to 2020 is 31.08 billion U.S. dollars. The minimum value, 10.24 billion U.S. dollars, was reached in 2001 while the maximum of 51.23 billion U.S. dollars was recorded in 2019.
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Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars.
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Related indicators | Latest | Reference | Measure |
---|---|---|---|
Government spending, percent of GDP | 14.45 | 2020 | percent |
Government spending, in dollars | 50.50 | 2020 | billion U.S. dollars |
Fiscal balance, percent of GDP | 4.96 | 2023 | percent |
Government debt | 32.44 | 2023 | percent |
Tax revenue | 0.57 | 2022 | percent |
Commercial tax rate | 15.90 | 2019 | percent |
Tax preparation time | 158 | 2019 | hours |
Number of taxes | 5 | 2019 | taxes |
Taxes on goods and services | 15.43 | 2022 | percent |
Taxes on international trade | 0.01 | 2022 | percent |
Foreign aid | 5.36 | 2004 | million U.S. dollars |