"Expense data at the UAE level (In million AED) includes the following : 1. Compensation of employees: is the total remuneration, in cash or in kind, payable to an individual in an employer-employee relationship in return for work performed by the latter during the reporting period. (as defined the government's financial statistics manual issued by the International Monetary Fund ) 2. Use of goods and services: Value of goods and services used in the production of market or nonmarket goods and services (as defined the government's financial statistics manual issued by the International Monetary Fund ) 3. Consumption of fixed capital: Decline in the current value of the stock of fixed assets as a result of physical deterioration, normal obsolescence, or normal accidental damage (as defined the government's financial statistics manual issued by the International Monetary Fund ) 4. Interest: is expense that debtor unit incurs for use of the principal outstanding, which is the economic value that has been provided by the creditor (as defined the government's financial statistics manual issued by the International Monetary Fund ) 5. Subsidies: are current unrequited transfers that government units make to enterprises on the basis of the level of their production activities or the quantities or values of the goods or services they produce, sell, export, or import. (as defined the government's financial statistics manual issued by the International Monetary Fund ) 6. Grants: transfers payable by government units to other resident or nonresident government units or international organizations (as defined the government's financial statistics manual issued by the International Monetary Fund ) 7. Social benefits: current transfers to households to provide for the needs arising from social risks, events that adversely affect the welfare of households, e.g. sickness, unemployment, retirement, housing, education, family issues (as defined the government's financial statistics manual issued by the International Monetary Fund ) 8. Other expense: Other expense comprises property expense, other than interest, transfers not elsewhere classified, and amounts payable in respect of premiums, fees, and claims payable related to nonlife insurance and standardized guarantees (as defined the government's financial statistics manual issued by the International Monetary Fund ) yearly from 2012 to 2022 according to the standards of the government's financial statistics manual issued by the International Monetary Fund "
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Finance and Banking
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Ministry of Finance
Last Updated Date 04/12/2024
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