Saudi Arabia SA: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series

1990 - 2023 | Yearly | SAR mn | World Bank

Saudi Arabia SA: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data was reported at 1,599,593.000 SAR mn in 2023. This records an increase from the previous number of 1,488,844.000 SAR mn for 2022. Saudi Arabia SA: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data is updated yearly, averaging 400,773.500 SAR mn from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 1,599,593.000 SAR mn in 2023 and a record low of 204,131.000 SAR mn in 1990. Saudi Arabia SA: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Saudi Arabia – Table SA.World Bank.WDI: Gross Domestic Product: Nominal. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in local currency, at current prices.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;

View Saudi Arabia's Saudi Arabia SA: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series from 1990 to 2023 in the chart:

Saudi Arabia Saudi Arabia SA: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series

What was Saudi Arabia's Saudi Arabia SA: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series in 2023?

Last Previous Min Max Unit Frequency Range
1,599,593.000 2023 1,488,844.000 2022 204,131.000 1990 1,599,593.000 2023 SAR mn yearly 1990 - 2023

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Saudi Arabia Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 65,847.120 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 27,950.040 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 3.022 2028 yearly 1980 - 2028
GDP Deflator Growth (%) 7.6 Dec 2022 quarterly Mar 2011 - Dec 2022
GDP per Capita (USD) 34,441.065 2022 yearly 1963 - 2022
Gross Fixed Capital Formation (USD mn) 74,596.505 Sep 2024 quarterly Mar 2003 - Sep 2024
Gross National Product (GNP) (USD mn) 189,344.451 Dec 2020 quarterly Mar 2015 - Dec 2020
Gross Savings Rate (%) 33.2 Sep 2024 quarterly Mar 2003 - Sep 2024
Investment: % of GDP (%) 26.3 Dec 2022 quarterly Mar 2003 - Dec 2022
Nominal GDP (USD mn) 272,995.3 Dec 2022 quarterly Mar 2003 - Dec 2022
Nominal GDP Growth (%) 1.031 Sep 2024 quarterly Mar 2004 - Sep 2024
Private Consumption Expenditure (USD mn) 114,986.318 Sep 2024 quarterly Mar 2003 - Sep 2024
Private Consumption: % of GDP (%) 42.8 Sep 2024 quarterly Mar 2003 - Sep 2024
Public Consumption Expenditure (USD mn) 64,301.050 Sep 2024 quarterly Mar 2003 - Sep 2024
Public Consumption: % of GDP (%) 23.9 Sep 2024 quarterly Mar 2003 - Sep 2024
Real GDP Growth (%) -3.7 Dec 2023 quarterly Mar 2011 - Dec 2023
Total Trade of Goods & Services: % of Nominal GDP (%) 61.513 Sep 2024 quarterly Mar 2003 - Sep 2024
Production Last Frequency Range
Gold Production (kg) 5,000.000 2016 yearly 1990 - 2016
Industrial Production Index Growth (%) -10.5 Dec 2023 monthly Jan 2019 - Dec 2023
Minerals Production (Metric Ton) 697,561,533.000 2022 yearly 2009 - 2022
Silver Production (Metric Ton) 9.720 2016 yearly 1990 - 2016
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 2.5 2022 yearly 1969 - 2022
Forecast: Government Expenditure (SAR bn) 1,583.493 2029 yearly 1990 - 2029
Forecast: Government Net Debt (SAR bn) 1,862.699 2029 yearly 1991 - 2029
Forecast: Government Revenue (SAR bn) 1,433.631 2029 yearly 1991 - 2029
Government Debt: % of GDP (%) 28.5 Sep 2024 quarterly Dec 2016 - Sep 2024
National Government Debt (USD mn) 273,066.7 2023 yearly 2004 - 2023
Consolidated Fiscal Balance (USD mn) -21,585.731 2023 yearly 1969 - 2023
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 16,864,059.000 Jun 2024 quarterly Mar 2015 - Jun 2024
Forecast: Population (Person mn) 39.183 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 3.775 2023 yearly 1999 - 2023
Labour Force Participation Rate (%) 61.7 Mar 2023 quarterly Jun 2016 - Mar 2023
Labour Productivity Growth (%) -3.93 2022 yearly 1971 - 2022
Monthly Earnings (USD) 754 2018 yearly 1995 - 2018
Population (Person mn) 32.2 2022 yearly 1950 - 2022
Unemployment Rate (%) 3.32 Jun 2024 quarterly Mar 2012 - Jun 2024
Domestic Trade and Household Survey Last Frequency Range
Motor Vehicle Sales: Commercial Cars (Unit) 113,068.000 2023 yearly 2005 - 2023
Motor Vehicle Sales: Passenger Cars (Unit) 645,723.000 2023 yearly 2005 - 2023
Motor Vehicles Sales (Unit) 758,791 2023 yearly 2005 - 2023
Motor Vehicles Sales Growth (%) 23.1 2023 yearly 2006 - 2023

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