Consumer Spending in Saudi Arabia increased to 279738 SAR Million in the second quarter of 2018 from 276929 SAR Million in the first quarter of 2018. Consumer Spending in Saudi Arabia averaged 205321.17 SAR Million from 2008 until 2018, reaching an all time high of 279738 SAR Million in the second quarter of 2018 and a record low of 129890 SAR Million in the fourth quarter of 2008.
Consumer Spending in Saudi Arabia is expected to be 270904.00 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 270423.00 in 12 months time. In the long-term, the Saudi Arabia Consumer Spending is projected to trend around 282400.00 SAR Million in 2020, according to our econometric models.