Saudi Arabia Public Consumption: % of GDP

Key information about Saudi Arabia Public Consumption: % of GDP

• Saudi Arabia Public Consumption accounted for 23.7 % of its Nominal GDP in Jun 2024, compared with a share of 22.3 % in the previous quarter.
• Saudi Arabia Public Consumption share of Nominal GDP ratio is updated quarterly, available from Mar 2003 to Jun 2024, with an average number of 22.3 %.
• The data reached an all-time high of 32.9 % in Dec 2020 and a record low of 15.4 % in Dec 2011.

• In the latest reports, Saudi Arabia GDP contracted 3.7 % YoY in Dec 2023.
• Saudi Arabia Nominal GDP reached 267.9 USD bn in Mar 2023.
• Its GDP deflator (implicit price deflator) fell 1.0 % in Mar 2023.
• Saudi Arabia GDP Per Capita reached 34,441.1 USD in Dec 2022.
• Its Gross Savings Rate was measured at 36.1 % in Jun 2024.
• For Nominal GDP contributions, Investment accounted for 30.7 % in Mar 2023.
• Private Consumption accounted for 40.2 % in Jun 2024.

View Saudi Arabia's Public Consumption: % of GDP from Mar 2003 to Jun 2024 in the chart:

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What was Saudi Arabia's Public Consumption: % of GDP in Jun 2024?

Saudi Arabia Public Consumption accounted for 23.7 % of its Nominal GDP in Jun 2024, compared with a share of 22.3 % in the previous quarter. See the table below for more data.

Public Consumption: % of GDP by Country Comparison

Saudi Arabia Key Series

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