Saudi: Restaurants and cafes record over SR60bn sale
The total sales for restaurants and cafes sector in Saudi Arabia recorded a strong increase at the end of 2021, reaching SR62.65 billion, setting a highest historical record in the process.
By this, the expenditures on restaurants and cafes accounted for 13.24 percent of total expenses for all sectors amounting to about SR473.26 billion, increasing restaurant sales by 384.82% compared to 2017, when it recorded SR12.92 billion.
Individuals’ expenditures on restaurants and cafes are equivalent to their total expenditures on each of jewelry, building materials, furniture, electronics, education and communications sectors combined.
The total expenditures on these six sectors amounted to about SR62.49 billion, while the expenses of restaurants and cafes amounted to about SR62.65 billion.
