Download the survey to understand perceptions and attitudes of consumers in the Middle East regarding the economy of their countries, their personal financial and job situation, their likelihood to purchase and invest, and the job market in general.
Survey highlights:
Overall, approximately a fifth (18%) believe that their financial condition is better now than it was6 months ago. A higher proportion of GCC residents (22%) believe that, as compared to respondents in Levant and North Africa (11% and15%, respectively).
About a third of respondents plan to buy at least one vehicle for personal use in the next12 months. Among those,39% intend to get a new one, while36% a used one.
While16% believe that their country’s economy has improved in the past6 months,1 in2 respondents think it has gotten worse. .
One fourth of the respondents believe that the number of employees in their company has increased in comparison to6 months ago. This is higher among GCC residents (30%, vs. Levant:14% and North Africa:20%)
One third of respondents expect the economy in their country of residence to improve in the next6 months, while another third expect the opposite. Those living in the GCC are more optimistic (40%) about their country’s future economy as compared to those living in Levant (12%) and in North Africa (26%).
Data for the Bayt.com Middle East and North Africa Consumer Confidence Index survey was collected online from January27 to February10,2016, with3,905 respondents from the UAE, KSA, Qatar, Oman, Kuwait, Bahrain, Syria, Jordan, Lebanon, Egypt, Morocco, Tunisia and Algeria. Males and females aged18 years old and above, of all nationalities, were included in the survey.
