Annual growth of households and NPISHs final consumption expenditure in Saudi Arabia
Saudi Arabia: Annual growth of households and NPISHs final consumption expenditure was 2.7% in 2024. ◆ Volatile
Latest (2024)
2.7%
Change on year
down 64.5%
World rank
109th
of 185 countries
All-time high
13.1%
in 2007
All-time low
-4.9%
in 2020
Years of data
24
2001–2024
Annual growth of households and NPISHs final consumption expenditure in Saudi Arabia, 2001–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual growth of households and npishs final consumption expenditure in Saudi Arabia stood at 2.7%.
The figure is down 64.5% on the previous year and down 62.6% over ten years.
Over the whole period, annual growth of households and npishs final consumption expenditure in Saudi Arabia peaked at 13.1% in 2007 and was at its lowest, -4.9%, in 2020.
Saudi Arabia ranks 109th of 185 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of households and NPISHs final consumption expenditure in Saudi Arabia, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 1.5% | — |
| 2002 | 2.3% | +51.1% |
| 2003 | 4.5% | +99.2% |
| 2004 | 6.8% | +50.2% |
| 2005 | 10.1% | +48.5% |
| 2006 | 11.0% | +9.2% |
| 2007 | 13.1% | +19.0% |
| 2008 | 12.2% | -6.9% |
| 2009 | 8.9% | -26.8% |
| 2010 | 3.9% | -56.7% |
| 2011 | 7.9% | +104.6% |
| 2012 | 11.5% | +46.1% |
| 2013 | 5.5% | -52.1% |
| 2014 | 7.3% | +31.4% |
| 2015 | 9.6% | +32.0% |
| 2016 | 4.2% | -56.3% |
| 2017 | 6.0% | +43.2% |
| 2018 | 1.3% | -77.6% |
| 2019 | 6.4% | +379.2% |
| 2020 | -4.9% | -175.4% |
| 2021 | 6.3% | -229.1% |
| 2022 | 5.8% | -7.7% |
| 2023 | 7.6% | +32.2% |
| 2024 | 2.7% | -64.5% |
Saudi Arabia compared with similar countries
- Saudi Arabia's 2.7% is above the median for high income countries, which is 1.7%, 1.6× the median. (59 countries reporting)
- Saudi Arabia's 2.7% is below the median for Middle East, North Africa, Afghanistan & Pakistan, which is 3.1%, 88% of the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.8% | 1.5% | 13.1% | 9 |
| 2010s | 6.4% | 1.3% | 11.5% | 10 |
| 2020s | 3.5% | -4.9% | 7.6% | 5 |
Countries ranked near Saudi Arabia
- 106 Peru 2.8% compare
- 107 Burundi 2.7% compare
- 108 New Zealand 2.7% compare
- 110 United States of America 2.5% compare
- 111 Côte d'Ivoire 2.5% compare
- 111 Côte d'Ivoire 2.5% compare
More economy & growth data for Saudi Arabia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.26 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.52 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 27.03 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0212 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 731.09 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 32.63 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 52.91 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0256 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 882.47 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 8.9 % change on previous year (2025)
Frequently asked questions
- What is annual growth of households and npishs final consumption expenditure in Saudi Arabia?
- Annual growth of households and npishs final consumption expenditure in Saudi Arabia was 2.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of households and npishs final consumption expenditure recorded in Saudi Arabia?
- The highest recorded value was 13.1% in 2007.
- What is the lowest annual growth of households and npishs final consumption expenditure recorded in Saudi Arabia?
- The lowest recorded value was -4.9% in 2020.
- How does Saudi Arabia rank for annual growth of households and npishs final consumption expenditure?
- Saudi Arabia ranks 109th out of 185 countries with data for 2024.
- Is annual growth of households and npishs final consumption expenditure rising or falling in Saudi Arabia?
- Over the last ten years it is down 62.6%. The long-run trend across the full record is volatile.
- Where does this Saudi Arabia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of households and NPISHs final consumption expenditure (%). Statizoid updates them automatically from the source API.
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