Saudi Arabia - Final consumption expenditure

Final consumption expenditure (current US$)

The latest value for Final consumption expenditure (current US$) in Saudi Arabia was $501,305,000,000 as of 2020. Over the past 52 years, the value for this indicator has fluctuated between $501,305,000,000 in 2020 and $2,066,706,000 in 1968.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1968 $2,066,706,000
1969 $2,346,111,000
1970 $2,600,821,000
1971 $2,871,758,000
1972 $3,530,015,000
1973 $5,174,466,000
1974 $8,781,014,000
1975 $14,500,230,000
1976 $21,605,270,000
1977 $33,045,130,000
1978 $44,943,290,000
1979 $59,403,780,000
1980 $67,355,210,000
1981 $84,987,100,000
1982 $95,825,080,000
1983 $96,694,530,000
1984 $93,154,000,000
1985 $88,436,060,000
1986 $77,938,660,000
1987 $75,886,020,000
1988 $74,303,520,000
1989 $80,934,630,000
1990 $88,639,540,000
1991 $103,262,000,000
1992 $101,328,000,000
1993 $98,457,940,000
1994 $96,937,080,000
1995 $100,455,000,000
1996 $107,949,000,000
1997 $113,010,000,000
1998 $108,429,000,000
1999 $108,350,000,000
2000 $117,573,000,000
2001 $119,082,000,000
2002 $119,455,000,000
2003 $126,529,000,000
2004 $137,774,000,000
2005 $156,602,000,000
2006 $181,159,000,000
2007 $201,807,000,000
2008 $231,745,000,000
2009 $253,021,000,000
2010 $277,224,000,000
2011 $311,953,000,000
2012 $356,422,000,000
2013 $391,268,000,000
2014 $439,737,000,000
2015 $459,986,000,000
2016 $442,690,000,000
2017 $451,899,000,000
2018 $491,824,000,000
2019 $497,864,000,000
2020 $501,305,000,000

Final consumption expenditure (current LCU)

The value for Final consumption expenditure (current LCU) in Saudi Arabia was 1,879,890,000,000 as of 2020. As the graph below shows, over the past 52 years this indicator reached a maximum value of 1,879,890,000,000 in 2020 and a minimum value of 9,300,176,000 in 1968.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1968 9,300,176,000
1969 10,557,500,000
1970 11,703,690,000
1971 12,885,000,000
1972 14,631,200,000
1973 19,179,680,000
1974 31,172,600,000
1975 51,006,010,000
1976 76,266,610,000
1977 116,487,000,000
1978 152,789,000,000
1979 199,644,000,000
1980 224,071,000,000
1981 287,469,000,000
1982 328,508,000,000
1983 334,080,000,000
1984 328,275,000,000
1985 320,315,000,000
1986 288,607,000,000
1987 284,193,000,000
1988 278,267,000,000
1989 303,100,000,000
1990 331,955,000,000
1991 386,717,000,000
1992 379,474,000,000
1993 368,725,000,000
1994 363,029,000,000
1995 376,203,000,000
1996 404,269,000,000
1997 423,223,000,000
1998 406,610,000,000
1999 406,311,000,000
2000 440,899,000,000
2001 446,557,000,000
2002 447,957,000,000
2003 474,483,000,000
2004 516,652,000,000
2005 586,804,000,000
2006 678,442,000,000
2007 756,273,000,000
2008 869,045,000,000
2009 948,829,000,000
2010 1,039,590,000,000
2011 1,169,820,000,000
2012 1,336,580,000,000
2013 1,467,260,000,000
2014 1,649,010,000,000
2015 1,724,950,000,000
2016 1,660,090,000,000
2017 1,694,620,000,000
2018 1,844,340,000,000
2019 1,866,990,000,000
2020 1,879,890,000,000

Final consumption expenditure (constant 2010 US$)

The latest value for Final consumption expenditure (constant 2010 US$) in Saudi Arabia was 452,511,000,000 as of 2020. Over the past 20 years, the value for this indicator has fluctuated between 464,037,000,000 in 2019 and 187,135,000,000 in 2000.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2000 187,135,000,000
2001 189,650,000,000
2002 191,234,000,000
2003 199,374,000,000
2004 213,976,000,000
2005 234,177,000,000
2006 256,661,000,000
2007 277,041,000,000
2008 300,668,000,000
2009 317,219,000,000
2010 326,133,000,000
2011 350,441,000,000
2012 386,077,000,000
2013 411,006,000,000
2014 446,556,000,000
2015 459,986,000,000
2016 428,474,000,000
2017 442,417,000,000
2018 457,530,000,000
2019 464,037,000,000
2020 452,511,000,000

Final consumption expenditure (annual % growth)

The value for Final consumption expenditure (annual % growth) in Saudi Arabia was -2.48 as of 2020. As the graph below shows, over the past 19 years this indicator reached a maximum value of 10.17 in 2012 and a minimum value of -6.85 in 2016.

Definition: Average annual growth of final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
2001 1.34
2002 0.83
2003 4.26
2004 7.32
2005 9.44
2006 9.60
2007 7.94
2008 8.53
2009 5.50
2010 2.81
2011 7.45
2012 10.17
2013 6.46
2014 8.65
2015 3.01
2016 -6.85
2017 3.25
2018 3.42
2019 1.42
2020 -2.48

Final consumption expenditure (constant LCU)

The value for Final consumption expenditure (constant LCU) in Saudi Arabia was 1,442,440,000,000 as of 2020. As the graph below shows, over the past 20 years this indicator reached a maximum value of 1,479,170,000,000 in 2019 and a minimum value of 596,515,000,000 in 2000.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
2000 596,515,000,000
2001 604,534,000,000
2002 609,581,000,000
2003 635,530,000,000
2004 682,074,000,000
2005 746,468,000,000
2006 818,139,000,000
2007 883,103,000,000
2008 958,416,000,000
2009 1,011,170,000,000
2010 1,039,590,000,000
2011 1,117,070,000,000
2012 1,230,670,000,000
2013 1,310,130,000,000
2014 1,423,450,000,000
2015 1,466,260,000,000
2016 1,365,820,000,000
2017 1,410,260,000,000
2018 1,458,430,000,000
2019 1,479,170,000,000
2020 1,442,440,000,000

Final consumption expenditure (% of GDP)

Final consumption expenditure (% of GDP) in Saudi Arabia was 71.60 as of 2020. Its highest value over the past 52 years was 89.62 in 1986, while its lowest value was 19.34 in 1974.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1968 49.35
1969 52.30
1970 48.37
1971 39.97
1972 36.53
1973 34.62
1974 19.34
1975 31.00
1976 33.76
1977 44.54
1978 55.99
1979 53.11
1980 40.94
1981 46.12
1982 62.53
1983 74.86
1984 77.87
1985 85.12
1986 89.62
1987 88.55
1988 84.19
1989 84.89
1990 75.35
1991 78.10
1992 73.91
1993 74.05
1994 71.71
1995 70.08
1996 68.04
1997 68.09
1998 73.87
1999 67.00
2000 62.04
2001 64.67
2002 63.00
2003 58.63
2004 53.25
2005 47.68
2006 48.07
2007 48.52
2008 44.58
2009 58.97
2010 52.48
2011 46.47
2012 48.43
2013 52.40
2014 58.14
2015 70.31
2016 68.64
2017 65.63
2018 62.53
2019 62.78
2020 71.60

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts