Consumer Spending in Saudi Arabia decreased to 288972 SAR Million in the first quarter of 2020 from 293383 SAR Million in the fourth quarter of 2019.
Consumer Spending in Saudi Arabia averaged 216976.59 SAR Million from 2008 until 2020, reaching an all time high of 293383 SAR Million in the fourth quarter of 2019 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 September of 2020.
Consumer Spending in Saudi Arabia is expected to be 282986.00 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 301976.00 in 12 months time. In the long-term, the Saudi Arabia Consumer Spending is projected to trend around 309739.00 SAR Million in 2021 and 317483.00 SAR Million in 2022, according to our econometric models.