Saudi Arabia
Saudi Arabia StatisticsConsumer Lifestyles in Saudi ArabiaSaudi Arabia Country BriefingsFuture Demographics: Saudi Arabia in 2030
Country Report
Consumer Credit in Saudi Arabia
Oct 2018
With increased efforts to increase the Saudization of major areas of the country’s economy, many expatriates left the country during 2017/2018. Most were from the lower- and middle-income groups, including those who did not foresee job security in ...
Country Report
Consumer Lending in Saudi Arabia
Oct 2018
After the global oil crisis began in 2014, the Saudi government had to find a quick and efficient solution to overcome the economic turmoil. As a result, Saudi Vision 2030 was announced in April 2016, which aims to decrease the country’s reliance on ...
Country Briefing
Income and Expenditure: Saudi Arabia
Oct 2018
Consumer spending growth accelerated in 2017 before the value-added tax (VAT) tax introduction. Consumer income and expenditure growth is forecast to persist by 2030, although at a slower rate than over the last decade. Cuts in subsidies, tax and ...
Country Report
Car Rental (Destination) in Saudi Arabia
Sep 2018
For women in the Kingdom 2017 was a significant year. The lifting of a driving ban on women is expected to create a new consumer group for players across various service industries. Women drivers are expected to benefit the economy via the creation ...
Country Report
Airlines in Saudi Arabia
Sep 2018
With a sizeable domestic demand spread over the Kingdom’s expansive geography, where the residents heavily rely on air travel for inter-city travel, Saudi Arabia has an impressive network of 13 domestic airports. Moreover, eight regional airports in ...
Country Report
Lodging in Saudi Arabia
Sep 2018
Mecca City is home to the Grand Mosque, Kaaba, which is the most sacred mosque for Muslims and forms the core of any religious visit to the country. As such, it hosts the world’s largest congregation, Hajj, and consequently is the largest hospitality...
Country Report
Online Travel Sales and Intermediaries in Saudi Arabia
Sep 2018
The digital landscape in Saudi Arabia is gearing up with increasing internet penetration rates and consumers using online platforms to search and compare products and prices. Moreover, more consumers are becoming more comfortable with online ...
Country Report
Travel in Saudi Arabia
Sep 2018
A softening of visa fees during the year led to growth in inbound arrivals to Saudi Arabia in 2018. This represented a turnaround from 2017, when visa fees were put up in order to boost non-oil revenues, and which subsequently had a negative impact ...
Country Report
Tourism Flows in Saudi Arabia
Sep 2018
With a focus on boosting tourism as part of the Saudi Vision 2030 plan, the Kingdom has taken strategic measures to expand the country’s tourism, which has traditionally been focused on religious tourism in the cities of Makkah and Madinah. As a ...
Country Report
Hotels and Restaurants in Saudi Arabia
Sep 2018
As of 2017, consumer expenditure on hotels and restaurants remained weak, as the Kingdom continued to reel from its economic crisis and implementing austerity measures (including subsidy and public employee wage cuts). Disposable income per capita ...
Country Report
Retail and Wholesale in Saudi Arabia
Sep 2018
The industry’s turnover accelerated in 2017, with growth driven by increasing government spending on non-oil sectors, and growing internal demand. On the other hand country’s GDP saw moderate 6% growth. ...
Country Report
Education in Saudi Arabia
Sep 2018
In 2017 the industry witnessed stronger growth due to the implementation of the National Transformation Programme (NTP) 2020, which aims to improve teachers’ development, the educational environment and students’ skills, increase private sector ...
Country Report
Healthcare and Social Services in Saudi Arabia
Sep 2018
Despite the government’s decision to raise electricity and petrol prices, along with the introduction of a 5% VAT rate, private spending by households and businesses (mainly private insurers) on healthcare and social services continued to increase at...
Country Report
Personal Services in Saudi Arabia
Sep 2018
Industry’s growth spiked during 2017, following the previous year’s decline. In 2017 the situation improved, and enabled locals to spend more on personal services, as the country’s government sought to boost the economy by fostering non-oil private ...
Country Report
Recreation, Entertainment and Arts in Saudi Arabia
Sep 2018
In the midst of Saudi Arabia’s economic downturn, spending on entertainments slowed, although in 2017 it was possible to see some signs of recovery. The slowdown occurred as local buyers had to cut down unnecessary spending, due to the fact that the ...
Country Report
Finance and Insurance in Saudi Arabia
Sep 2018
The country’s finance and insurance industry expanded for the third consecutive year in 2017, as a result of banks’ significantly improved liquidity and asset growth, driven by higher investments in domestic government debt issuances, as well as ...
Country Report
Construction and Real Estate in Saudi Arabia
Sep 2018
The government increased planned infrastructure investment by about 39% under the 2017 budget to SAR52 billion. However, actual spending amounted to a meagre SAR29 billion at the end of the year, partly due to weak economic growth, low oil prices, ...
Country Report
Business Services in Saudi Arabia
Sep 2018
The industry’s growth picked up in 2017, thanks to the recovering Saudi economy and changing business landscape. The country’s government implemented large-scale measures to diversify the domestic economy and raise the importance of the private ...
Country Report
Information and Communications in Saudi Arabia
Sep 2018
The industry continued to grow at a low single-digit pace in 2017. Young and tech-savvy Saudi Arabian consumers and a growing number of businesses further increasingly used internet services both through traditional devices and smartphones. Over the ...
Country Report
Machinery in Saudi Arabia
Sep 2018
Along with the on-going recovery of the country’s economy, the revenue growth of Saudi Arabia’s machinery producers rebounded in 2017, due to strong sales within the domestic market. The improving operational environment within the Kingdom’s oil and ...
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