Households Debt in Saudi Arabia decreased to 11.60 percent of GDP in the fourth quarter of 2018 from 12 percent of GDP in the third quarter of 2018. Households Debt To GDP in Saudi Arabia averaged 10.56 percent of GDP from 1998 until 2018, reaching an all time high of 14.10 percent of GDP in the second quarter of 2016 and a record low of 7.30 percent of GDP in the first quarter of 1998.
Households Debt To GDP in Saudi Arabia is expected to be 13.30 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Households Debt To GDP in Saudi Arabia to stand at 13.10 in 12 months time. In the long-term, the Saudi Arabia Households Debt To GDP is projected to trend around 13.10 percent of GDP in 2020, according to our econometric models.