Consumer Confidence in Saudi Arabia increased to 119 points in the fourth quarter of 2019 from 110 points in the third quarter of 2019. Consumer Confidence in Saudi Arabia averaged 106.73 points from 2010 until 2019, reaching an all time high of 120 points in the third quarter of 2011 and a record low of 94 points in the fourth quarter of 2016. source: Nielsen

Consumer Confidence in Saudi Arabia is expected to be 107.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Saudi Arabia to stand at 109.00 in 12 months time. In the long-term, the Saudi Arabia Consumer Confidence is projected to trend around 106.00 points in 2020, according to our econometric models.

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Saudi Arabia Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
119.00 110.00 120.00 94.00 2010 - 2019 points Quarterly

Saudi Arabia Consumer Confidence
In Saudi Arabia, the Consumer Confidence Index is part of The Nielsen Global Survey of Consumer Confidence and Spending Intentions. The survey is conducted every quarter by the Internet and measures the level of optimism that consumers have about job prospects, personal finances and spending intentions. Twice a year, the survey also includes questions regarding consumer habits and opinions on a number of other issues, ranging from climate change to online shopping and food safety. The index levels above 100 indicate optimism and below 100 indicate pessimism.

Saudi Arabia Consumer Last Previous Highest Lowest Unit
Consumer Confidence 119.00 110.00 120.00 94.00 points [+]
Consumer Spending 290242.00 289362.00 290242.00 129890.00 SAR Million [+]
Households Debt To GDP 11.40 11.40 14.10 7.30 percent of GDP [+]
Gasoline Prices 0.55 0.55 0.58 0.12 USD/Liter [+]