Consumer Confidence in Saudi Arabia increased to 125 points in the first quarter of 2021 from 114 points in the fourth quarter of 2020. source: Nielsen

Consumer Confidence in Saudi Arabia averaged 107.63 points from 2010 until 2021, reaching an all time high of 125 points in the first quarter of 2021 and a record low of 94 points in the fourth quarter of 2016. This page provides - Saudi Arabia Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Saudi Arabia Consumer Confidence - values, historical data and charts - was last updated on August of 2021.

Consumer Confidence in Saudi Arabia is expected to be 118.00 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 110.00 in 12 months time. In the long-term, the Saudi Arabia Consumer Confidence is projected to trend around 110.00 points in 2022, according to our econometric models.

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Saudi Arabia Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
125.00 114.00 125.00 94.00 2010 - 2021 points Quarterly

Saudi Arabia Consumer Last Previous Highest Lowest Unit
Consumer Confidence 125.00 114.00 125.00 94.00 points [+]
Consumer Spending 314937.00 300495.00 314937.00 129890.00 SAR Million [+]
Households Debt To GDP 14.60 13.80 14.60 7.30 percent of GDP [+]
Gasoline Prices 0.62 0.62 0.62 0.12 USD/Liter [+]


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.