Government Consumption in Saudi Arabia
The economy of Saudi Arabia recorded an average growth rate of 2.0% in government consumption in the decade to 2024. In 2024, government consumption growth was 1.9%.
Saudi Arabia Government Consumption Chart
Note: This chart displays Government Consumption (ann. var. %) for Saudi Arabia from 2014 to 2025.
Source: Macrobond.
Saudi Arabia Government Consumption Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Government Consumption (ann. var. %) | 4.5 | 0.8 | 9.6 | 5.5 | 3.1 |
Economic growth rises in the third quarter of 2025
GDP reading: Saudi Arabia's GDP increased 4.8% on a year-on-year basis in Q3 (preliminary reading: +5.0% yoy), following a 4.5% expansion in the previous quarter.
Drivers: Compared with the prior quarter's data, figures in Q3 improved for government consumption (-3.1% on a year-on-year basis vs -4.1% in Q2), fixed investment (-0.7% vs -7.4% in Q2) and exports of goods and services (+18.4% vs +2.9% in Q2). In contrast, readings worsened for private consumption (+2.6% vs +4.6% in Q2) and imports of goods and services (+4.3% vs +8.7% in Q2). In seasonally adjusted quarter-on-quarter terms, the economy expanded 1.4% in Q3, following a 1.9% expansion in the previous quarter.
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Saudi Arabian government consumption projections for the next ten years from a panel of 8 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable government consumption forecast available for Saudi Arabian government consumption.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Saudi Arabian government consumption projections.
Want to get access to the full dataset of Saudi Arabian government consumption forecasts? Send an email to info@focus-economics.com.
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