Saudi Arabia leads in global consumer confidence index

Saudi Arabia was second in the personal financial capabilities index

The King Fahd highway in Riyadh, Saudi Arabia. Image use for illustrative purpose

The King Fahd highway in Riyadh, Saudi Arabia. Image use for illustrative purpose

RIYADH: Saudi Arabia topped Ipsos’ 23-country Consumer Confidence in Local Economy Trends Index in May.

This index includes consumers’ feedback on the current and future status of the local economy, and their assessment of their personal financial conditions and investment.

The Kingdom also ranked second in the Personal Financial Capabilities Index, and second in the Investment Confidence Index, SPA reported.

Different sectors and governments study changes in these indicators to make economic and investment decisions, including the Kingdom’s National Center for Measuring the Performance of Public Institutions (ADAA).

Consumer confidence in personal financial capabilities, local economic trends, investment climate, and general job security present the main axes in the Global Consumer Confidence Index’ assessment.

Copyright: Arab News © 2021 All rights reserved. Provided by SyndiGate Media Inc. (

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

More From GCC