Middle East, North Africa, Afghanistan & Pakistan
United Arab Emirates Inflation
Annual percentage change in consumer prices (CPI).
Latest Value
1.7%
As of 2024
YoY Change
+2.3%
2023 → 2024
Record High
12.3%
Recorded in 2008
Record Low
-2.1%
Recorded in 2020
10-Year Average
1.5%
2015–2024
Data Range
2008–2024
17 data points
Source
World Bank
Code: FP.CPI.TOTL.ZG
Historical Trend
2008 – 2024
Analysis
The United Arab Emirates has recorded a relatively low inflation rate of 1.66% in 2024, indicating a stable economy. This low rate is likely due to the country's strong fiscal policies and its diverse economy. The UAE's inflation rate is also influenced by its high dependence on imports, which can be affected by global market trends.
Historical Data
| Value | YoY Change | Change % | |
|---|---|---|---|
| 2024 | 1.7% | 0.0% | +2.3% |
| 2023 | 1.6% | 3.7% | -69.3% |
| 2022 | 5.3% | 5.1% | +2840.6% |
| 2021 | 0.2% | 2.3% | +108.7% |
| 2020 | -2.1% | 0.1% | -7.7% |
| 2019 | -1.9% | 5.0% | -162.9% |
| 2018 | 3.1% | 1.1% | +56.0% |
| 2017 | 2.0% | 0.3% | +21.6% |
| 2016 | 1.6% | 2.5% | -60.3% |
| 2015 | 4.1% | 1.7% | +73.5% |
Source: World Bank Open Data · 2008–2024
Neighbouring Countries Ranking
Middle East, North Africa, Afghanistan & Pakistan · Inflation
