Saudi families average monthly income reaches SAR 14,800 in 2018

04/05/2019 Argaam Special

The average monthly income for Saudi families amounted to SAR 14,820 in 2018, up 8.9 percent from 2013’s family income (Saudis or residents) of SAR 11,980, a five-year survey data issued by the General Authority for Statistics (GASTAT) showed.

Average monthly income for individuals (Saudis and residents) reached SAR 2,485 in 2018, compared to SAR 2,062 in 2013.

Saudi families’ consumer spending reaches SAR 14,580 in average per month, while all families in the Kingdom spent SAR 11,730 in average.

Average monthly income and expenditure in Saudi Arabia (SAR)

Index

2013

2018

Saudis

Total

Saudis

Total

Average monthly household income

13610

10723

14823

11984

Average monthly income per capita

2262

2062

2741

2485

Average monthly income for individuals with income

--

--

7940

6346

*Average monthly household expenditure

15367

11522

16125

12818

Average monthly expenditure per capita

2554

2216

2857

2521

**Average monthly household consumer spending

13282

10103

14584

11728

Monthly household expenditure on food and beverages

%16.9

%17.9

%16.3

%17.2

Gini expenditure index

%45.9

--

%42.2

--

 * Total monthly consumer and non-consumer expenditure

** Does not include spending on shares, buildings, land, installments of mortgage loans, dowries, advances, gifts, or remittances.

           

The average monthly spending for Saudi families reaches SAR 16,130, while families in total spend SAR 12,820 a month in 2018.

By region, the Eastern Province recorded the Saudi families with the highest monthly income of SAR 17,900, followed by Riyadh at SAR 16,010.

For both Saudi and resident families, the Eastern Province also posted the highest income of SAR 14,900, followed by Jazan at SAR 13,300 in average per month.

As for spending, the Eastern Province recorded the highest spending Saudi families at SAR 18,690. Riyadh came second at SAR 17,860 in 2018.

For both Saudi and resident families, Eastern Province saw the highest monthly expenditure of SAR 15,540, followed by Jazan at SAR 14,400 in average per month.

Average Monthly Income (SAR)

Nationality

Income

Total

Spending

Total

Males

Females

Males

Females

Saudis

15132

8606

14823

16383

10941

16125

Total

12173

7464

11984

12945

9792

12818


News

Prices

Aramco IPONew

Sectors

Companies

Financial Data

Financial Ratios

Analysts

IPOs

Economy

Mutual Funds

Projects

Interactive Charts