Saudi Arabia - Household final consumption expenditure per capita
Household final consumption expenditure per capita (constant 2005 US$)
The latest value for Household final consumption expenditure per capita (constant 2005 US$) in Saudi Arabia was 5,276 as of 2012. Over the past 15 years, the value for this indicator has fluctuated between 5,276 in 2012 and 3,183 in 2003.
Definition: Household final consumption expenditure per capita (private consumption per capita) is calculated using private consumption in constant 2005 prices and World Bank population estimates. Household final consumption expenditure 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. Data are in constant 2005 U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
Sub-Topic: National accounts