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The Bayt.com Middle East Consumer Confidence Index Survey – September 2015

The bi-annual Bayt.com Middle East Consumer Confidence Index Survey is a measure of the economic well-being of countries in the Middle East. It is a reflection of consumer satisfaction levels and expectations based on various factors within the economy.

The goal of the Bayt.com Middle East Consumer Confidence Index is to understand the perceptions and attitudes of Middle Eastern consumers regarding the economy of their countries, their personal financial and job situation, their likelihood to purchase and invest and the employment and job market in general.

Key findings include:

Close to a quarter (24%) of survey respondents believe that their country’s economy has improved relative to the past6 months, while about30% think it has gotten worse.32% say that the state of the economy in their country hasn’t changed.

More respondents in the GCC believe that there are plenty of jobs available (26% across various industries;22% across a few industries only) as compared to Levant (3% across various industries;12% across a few industries only) and North Africa (7% across various industries;16% across a few industries only).

Close to half of employed respondents in the Middle East region are dissatisfied about their current compensation (48%). Only32% are satisfied with their pay, while20% say they are neither satisfied nor dissatisfied.

Data for the Bayt.com Middle East Consumer Confidence Index survey was collected online from July27 to August22015, with8,882 respondents from the UAE, KSA, Qatar, Oman, Kuwait, Bahrain, Syria, Jordan, Lebanon, Egypt, Morocco, Tunisia and Algeria. Males and females aged over18 years old, of all nationalities, took part in the survey.