How's The Development of E-Commerce in Saudi Arabia?
Online & Offline Retail in Saudi Arabia
Unit: Billion USD
Online & Offline Retail Growth in Saudi Arabia
Unit: %
Retail Value Added (% of GDP) in Saudi Arabia
Unit: %
E-Commerce Sales a a % of Retail in Saudi Arabia
Unit: %
Financial Environment
Source: World Bank, Payment Providers, eMarketer
In Saudi Arabia, There are about 16.3% of people use credit cards, and 66.8% of people use debit cards. While there are 24.9% of people purchase on the internet, there is only 25.7% of people with online banking accounts.
% of People With Financial Accounts
Unit: %
% of People with Credit Cards
Unit: %
% of People with Debit Cards
Unit: %
% of People Exchange Through Digital Channels
Unit: %
% of People Buy Through Online Channels
Unit: %
% of People with Internet Banking Accounts
Unit: %
% of People Pay Utility Bill Online
Unit: %
E-Commerce Sales as a % of Total Retail
Unit: %
Weekly Use of E-Commerce
Source: Statista Digital Market Outlook
49.1% Citizens Purchase Products & Services Through Online Channels Every Week
24.6% Purchase Groceries Online Every Week
8.9% Purchase Second-hand products Every Week
19.3% Use Price Comparing Website Every Week
15.2% Use BNLP Every Week
E-Commerce Driving Factors
Source: GWI.com (Q3, 2021)
For E-Commerce Customers in Saudi ArabiaWhat are the major driving factors to purchasing online?
% of respondents think is their main drivers
Source: Multi-select survey
Consumer Goods E-Commerce in Saudi Arabia
Source: GWI.com (Q3, 2021)
There is 21.43 million consumer goods e-commerce users in Saudi Arabia, and they spend total of around 10.19 billion USD dollars in 2021. That makes a per capita spending on consumer goods e-commerce of around 475 USD. Also, in those e-commerce users, about 42.3% of them purchase through their mobile phone.