Consumer Spending in Saudi Arabia increased to 295709 SAR Million in the third quarter of 2020 from 243536 SAR Million in the second quarter of 2020. source: Saudi Arabian Monetary Agency

Consumer Spending in Saudi Arabia averaged 219041.14 SAR Million from 2008 until 2020, reaching an all time high of 295709 SAR Million in the third quarter of 2020 and a record low of 129890 SAR Million in the fourth quarter of 2008. This page provides - Saudi Arabia Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Consumer Spending - values, historical data and charts - was last updated on February of 2021.

Consumer Spending in Saudi Arabia is expected to be 295329.00 SAR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Spending in Saudi Arabia to stand at 303102.00 in 12 months time. In the long-term, the Saudi Arabia Consumer Spending is projected to trend around 310679.00 SAR Million in 2022 and 320000.00 SAR Million in 2023, according to our econometric models.

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Saudi Arabia Consumer Spending

Actual Previous Highest Lowest Dates Unit Frequency
295709.00 243536.00 295709.00 129890.00 2008 - 2020 SAR Million Quarterly
Current Prices, NSA

Saudi Arabia Consumer Last Previous Highest Lowest Unit
Consumer Confidence 114.00 104.00 121.00 94.00 points [+]
Consumer Spending 295709.00 243536.00 295709.00 129890.00 SAR Million [+]
Households Debt To GDP 12.80 12.10 14.10 7.30 percent of GDP [+]
Gasoline Prices 0.47 0.41 0.58 0.12 USD/Liter [+]