Goods and services expense (current LCU) for Saudi Arabia

Indicator Definition:
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded.

The indicator "Goods and services expense (current LCU)" stands at 313.02 Billion as of 12/31/2024, the highest value at least since 12/31/2011, the period currently displayed.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 3.17 percent compared to the value the year prior.
The 1 year change in percent is 3.17.
The 3 year change in percent is 52.94.
The 5 year change in percent is 94.40.
The 10 year change in percent is 68.65.

The Serie's long term average value is 178.17 Billion. It's latest available value, on 12/31/2024, is 75.69 percent higher, compared to it's long term average value.
The Serie's change in percent from it's minimum value, on 12/31/2010, to it's latest available value, on 12/31/2024, is +248.58%.
The Serie's change in percent from it's maximum value, on 12/31/2024, to it's latest available value, on 12/31/2024, is 0.0%.