Saudi Arabia - Gross national expenditure (current LCU)

The value for Gross national expenditure (current LCU) in Saudi Arabia was 2,570,760,000,000 as of 2020. As the graph below shows, over the past 52 years this indicator reached a maximum value of 2,722,680,000,000 in 2019 and a minimum value of 11,752,560,000 in 1973.

Definition: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.

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

Year Value
1968 14,506,980,000
1969 15,493,120,000
1970 17,123,210,000
1971 20,610,060,000
1972 22,705,950,000
1973 11,752,560,000
1974 81,037,650,000
1975 79,630,690,000
1976 145,781,000,000
1977 196,508,000,000
1978 251,808,000,000
1979 298,448,000,000
1980 349,473,000,000
1981 419,367,000,000
1982 464,325,000,000
1983 487,382,000,000
1984 466,667,000,000
1985 401,047,000,000
1986 351,270,000,000
1987 341,056,000,000
1988 343,340,000,000
1989 372,532,000,000
1990 401,048,000,000
1991 485,682,000,000
1992 497,368,000,000
1993 493,490,000,000
1994 466,083,000,000
1995 485,103,000,000
1996 514,618,000,000
1997 539,932,000,000
1998 532,925,000,000
1999 536,778,000,000
2000 578,181,000,000
2001 582,058,000,000
2002 587,981,000,000
2003 632,232,000,000
2004 709,395,000,000
2005 835,110,000,000
2006 992,007,000,000
2007 1,168,940,000,000
2008 1,401,100,000,000
2009 1,459,170,000,000
2010 1,652,170,000,000
2011 1,848,720,000,000
2012 2,069,100,000,000
2013 2,208,390,000,000
2014 2,464,470,000,000
2015 2,563,370,000,000
2016 2,408,200,000,000
2017 2,439,630,000,000
2018 2,554,480,000,000
2019 2,722,680,000,000
2020 2,570,760,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts