In Q4 of 2022, consumer spending in the non-retail economy in the United Arab Emirates grew by 27 percent. The last three quarters of 2022 saw relatively similar consumer spending growth, between 27 and 29 percent. The second quarter of 2021 saw the biggest jump over the previous quarter, with an increase of 68 percent. The first quarter of 2021 was the only period to record a decline in consumer spending growth, which was most likely due to strict COVID-19 restrictions still in place at the time.
Quarter on quarter non-retail economy consumer spending growth in the United Arab Emirates from Q1 2021 to Q4 2022
Characteristic
spending growth
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Majid Al Futtaim. (August 2, 2023). Quarter on quarter non-retail economy consumer spending growth in the United Arab Emirates from Q1 2021 to Q4 2022 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1453709/uae-qoq-non-retail-economy-consumer-spending-growth/
Majid Al Futtaim. "Quarter on quarter non-retail economy consumer spending growth in the United Arab Emirates from Q1 2021 to Q4 2022." Chart. August 2, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1453709/uae-qoq-non-retail-economy-consumer-spending-growth/
Majid Al Futtaim. (2023). Quarter on quarter non-retail economy consumer spending growth in the United Arab Emirates from Q1 2021 to Q4 2022. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1453709/uae-qoq-non-retail-economy-consumer-spending-growth/
Majid Al Futtaim. "Quarter on Quarter Non-retail Economy Consumer Spending Growth in The United Arab Emirates from Q1 2021 to Q4 2022." Statista, Statista Inc., 2 Aug 2023, https://www.statista.com/statistics/1453709/uae-qoq-non-retail-economy-consumer-spending-growth/
Majid Al Futtaim, Quarter on quarter non-retail economy consumer spending growth in the United Arab Emirates from Q1 2021 to Q4 2022 Statista, https://www.statista.com/statistics/1453709/uae-qoq-non-retail-economy-consumer-spending-growth/ (last visited August 25, 2024)
Quarter on quarter non-retail economy consumer spending growth in the United Arab Emirates from Q1 2021 to Q4 2022 [Graph], Majid Al Futtaim, August 2, 2023. [Online]. Available: https://www.statista.com/statistics/1453709/uae-qoq-non-retail-economy-consumer-spending-growth/