Consumer Confidence in Saudi Arabia decreased to 104 points in the second quarter of 2020 from 121 points in the first quarter of 2020. source: Nielsen

Consumer Confidence in Saudi Arabia averaged 107.03 points from 2010 until 2020, reaching an all time high of 121 points in the first quarter of 2020 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 May of 2021.

Consumer Confidence in Saudi Arabia is expected to be 110.00 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 115.00 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
114.00 104.00 121.00 94.00 2010 - 2020 points Quarterly

Saudi Arabia Consumer Last Previous Highest Lowest Unit
Consumer Confidence 114.00 104.00 121.00 94.00 points [+]
Consumer Spending 300495.00 295709.00 300495.00 129890.00 SAR Million [+]
Households Debt To GDP 13.80 12.80 14.10 7.30 percent of GDP [+]
Gasoline Prices 0.57 0.54 0.58 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.