GCC Consumer Confidence Out Performs that of G8 Nations

GCC Consumer Confidence Out Performs that of G8 Nations

The GCC is among the most optimistic regions in the world with KSA leading globally in consumer confidence despite the Covid-19 pandemic

The GCC is among the world's most actively engaged in the prepaid economy – i.e. paying for goods/services in advance or as they go 

Prepaid mobile is the preferred choice for 76% of consumers across the GCC

 Consumers in the GCC are among the world's most optimistic when considering a post-Covid future according to the Inaugural Ding Global Prepaid Index (GPI). This bi-annual global study commissioned by Ding, the world's largest mobile top-up service, examines the views of 7,000 respondents across KSA, UAE, Qatar, US, the UK, France, Brazil, Indonesia, and the Philippines.

Consumer attitudes towards the pandemic

Despite the difficulties imposed by the pandemic, consumers in the Gulf are among the most positive when it comes to their current and future situation. The overall consumer confidence rate stood at 63, far higher than the Global Consumer Confidence Index at 52.1.

Diving deeper into the data, KSA consumer confidence is at 68, UAE at 62 and Qatar, which only